Roulette Progressive Betting question

Wizard,

I am new to the forums.

I know that systems and progressions do not work but regardless if you can answer my question I would appreciate it.

I have a 4 level step ladder progression with 5 bets on each level. The odds of losing each level is 32 to 1.

My question is what are the odds of losing 32 to 1, four times in a row.

I will be playing black/red on an american roulette table.

Thanks for putting together a great site.



P.S. My apologies this is not a parlay question. It is an odds question. I will be playing American Roulette, so I assume that 32 to 1 might be for 50/50 games (such as a coin flip). If so please correct me. Also, if you would be so kind to tell me how much better the odds are if I played red/black on an european wheel like the one at the Mirage.

I assume your progression increases when you lose, and you want to know what are the odds of losing 5 straight bets 4 times in a row.

For an American wheel, the chance of losing 5 straight bets once is (20/38)⁵ = (10/19)⁵ = 100,000 / 2,476,099, or 1 in 24.76099.
The chance of doing it 4 times in a row is (1 / 24.76099)⁴ = about 1 in 375,900.

For a European wheel, the chance of losing 5 straight bets once is (19/37)⁵ = 2,476,099 / 69,343,957 = about 1 in 28.
The chance of doing it 4 times in a row is about (1 / 28)⁴ = about 1 in 614,656.

The problem is, when you lose, the amount you lose tends to be far more than the amount that you are expected to win.

Could you describe your progression in a little more detail?

Also, when you lose 5 in a row, do you start over, or do you continue increasing the bets? If you start over, chances are you're not going to make enough money in your wins to make up for your loss.

I amended the title to (hopefully) more accurately reflect what you're asking. Please do explain more explicitly what you're asking.

From what Don said above, (and I may not be understanding what he's telling you), losing 5 straight bets once, four times, is 20 in a row, assuming you're only betting odd or even, red or black, some other bet like that. But I thought you were asking something else, except what you initially asked didn't make sense to me either.

Not trying to fill in for the Wizard or the other math guys on this; just interested in what you're really asking.

If he plays this progression long enough, he will be asking for bus fare.

Don,

I appreciate the response. You have answered my question. I will post my progression with examples (perhaps the odds will change with further detail) within the next day or two. I have to wake up early for work.

Thanks for the help!
Take Care

Beach,

Don nailed it. My apologies for not posting it in a thread of my own.

Have a good Night.



Buzzard,

You are most likely right. I just wanted to know the odds.

Quote: Buzzard

If he plays this progression long enough, he will be asking for bus fare.

Hey, I know a guy that came vegas in a 20 thousand dollar car and left on a 250 thousand dollar bus.

Quote: RouletteProdigy

I just wanted to know the odds.

If your asking this question, the odds are very good that you will need bus money. Ill say you have a 99% chance of murphy having a visit with you, followed by Tony and Vinny.

Forget using a progression in roulette, it
will kill you deader than dead sooner rather
than later. Love the hubris of your screen
name, though.