Betting red and black question!

So this method I use . I want to know the odds on it all, so I start with $5 bet on red and black $10 investment, whichever one I lose on I double (martingale) the one I win on I let it ride 1 time, if I win on the let it ride bet I go back to $5 if I lose I just replace the bet back to $10 playing with the $5 house money. And on the other side I keep doubling the losing bet till it wins, then let it ride one time, so on and so on. Over the long run of 75 spins would this be a winning method, since your technically not losing unless 0,00 hit. Please let me know if this makes since, I have done this online never lost, casino I play at has a 1k max bet. But every time you win on either red or black if its after a time you had to double, then you just let 10$ win ex if your red side gets to a $80 bet from the first 5 if it hits red you go down to $10 let it ride if you win that you go back to $5 if you lose that you have to go to $160, hope this makes since

I'm not sure what the question is - you seem to be describing a method of determining your bets sizes and it has a martingale element.

Unless you know something about the wheel's bias or are calculating the speed of the ball accurately the casino will have an inbuilt House Edge. No martingale system, or any other system, will win in the long term.


You may have been lucky - I don't know. If there are millions of people gambling on-line at roulette, it is highly likely that some of them will come out ahead over a short time. You may have been one of the lucky ones - however it doesn't prove you've got a winning system - luckily you just got lucky.


Mathematically suppose there was a horse race meeting that had five races - each race has six horses which are equally likely to win. If 7776 people went to the meeting and a tipster had been giving all of them tips. What the tipster does is ensure each person has a different combination of the five horses, this ensures someone would find the winner of the first five races.

Now ask that person what they thought of the tipster - they would (from their viewpoint) say they had a great tipster as they were given the winner of all five races. A mathematician knows different.

Quote: Boozer45

since your technically not losing unless 0,00 hit.

It's a stupid system.

What do you mean you want to know the odds on it all? The odds of what? The odds of never losing, the odds of losing everything? the odds of doubling your money?
What?

With single zero wheel, all you need to know is that on average you will take off the table 97.3% of what you put on the table.

With double zero wheel, all you need to know is that on average you will take off the table 94.7% of what you put on the table.

Do it, but first, borrow as much money as you can. Place bets of at least 10% of your entire worldly goods. Keep your bus fare home in your shoe.

Welcome to the forum. To "make sense" a little more information is needed. I infer from you mentioning "0,0" for a green loss you are playing a double-zero game, but what is your strategy following that loss? Also, how long is your "never lost" streak? With more information perhaps one of the more mathematically gifted members can comment on your degree of luck so far and future risk.

That said, your system "makes sense" to me. You developed something yourself that makes playing exiting. So far it has been profitable because you have been lucky. Your luck may continue, so enjoy! When you lose, realize it is not just a spot of bad luck that will pass. Lose all you have won, if you wish, but please don't chase the loss further: no system can overcome the house edge. (That is said often on this forum, so often it may be delivered a little harshly to new members.)

Quote: Boozer45

So this method I use . .I start with $5 bet on red and black $10 investment

Betting any amount of money on both red and black at the same time is totally stupid.

Take that first bet of $5 on each of red and black:-
If Red wins, you make no profit and no loss
If Black wins, you make no profit and no loss
If 0 or 00 wins you make a loss.
Under no circumstances will you make a profit.

The only things that can happen are you lose $0 or lose all $10.
If it's some big idea about using that bet to choose what to bet on next, then just do the bet as 'pretend' in your head and don't put $10 at unnecessary risk.

If you are betting say $5 on red and $10 on black, then take $5 off each bet for exactly the same possible outcomes except now you cannot possibly lose $15
I.e
With 5 on red and 10 on black, You might win $5, You might lose $5 or you might lose $15
With 0 on red and 5 on black, You might win $5, You might lose $5 but you won't lose $15

Is this in anyway legit?

Quote: Wizardofnothing

Is this in anyway legit?

What? Do you mean 'could anyone believe in such a stupid system?'

Half a country could think it's a good idea to elect Trump: Half a country could believe it's a good idea to elect Clinton: Half a different country could believe that it's a good idea to leave Europe.

The world has its fair share of fools misguided souls. So no reason to disbelieve that the OP could believe in his system.

Or maybe not, but who are we to suspect mischief in a first post?

Elections are night and day different from mathematical fact

Quote: Wizardofnothing

Elections are night and day different from mathematical fact

Methinks you overestimate your fellow man $:o)

Quote: charliepatrick

Mathematically suppose there was a horse race meeting that had five races - each race has six horses which are equally likely to win. If 7776 people went to the meeting and a tipster had been giving all of them tips. What the tipster does is ensure each person has a different combination of the five horses, this ensures someone would find the winner of the first five races.

Now ask that person what they thought of the tipster - they would (from their viewpoint) say they had a great tipster as they were given the winner of all five races. A mathematician knows different.

A reference to Derren Brown’s The System?

Quote: PeeMcGee

A reference to Derren Brown’s The System?

Yes - I really enjoyed that program as towards the end he explains some of it. I had worked out how the ten tosses in a row trick was done. There's another one the great art robery which was in the same "whodunit" vain - or in this case how did he do it. Also, getting even more off topic, I enjoyed "The Hustle"'s early series.

Quote: OnceDear

It's a stupid system.

What do you mean you want to know the odds on it all? The odds of what? The odds of never losing, the odds of losing everything? the odds of doubling your money?
What?

With single zero wheel, all you need to know is that on average you will take off the table 97.3% of what you put on the table.

With double zero wheel, all you need to know is that on average you will take off the table 94.7% of what you put on the table.

Do it, but first, borrow as much money as you can. Place bets of at least 10% of your entire worldly goods. Keep your bus fare home in your shoe.

The Wiz said it best. Betting systems are for the mathematically challenged

Varmenti?