Anyway, I am a bit odds challenged, and I wanted to see what the result of this system would be, as far as probability of losing the bank roll. This is a system that I made up, but I am sure others have also made up the same system in the past. I fully accept and understand that the system will eventually fail, but I wanted to see the system's limits. It should also be noted that I stay away from roulette and usually stick to BJ, video poker, and craps. Here is how it would work:
Bank Roll: 10,000 Units
Variables Starting Values: Count=0, BetUnit=1
How to Play:
On a single 0 roulette wheel, bet on any selected number with 1 BetUnit. If the number fails to come up, then increment Count. Repeat this process until either Count=34 or the number hits.
If Count=34, then reset Count to 0 and double BetUnit
If the number hits, reset Count to 0 and BetUnit to 1
Using this system, what are the odds of losing the bank roll after:
1,000 spins
10,000 spins
100,000 spins
1,000,000 spins
Keep in mind that the number of units won above the number of units bet will vary depending what Count is set to on each win.
Can someone please show me the above probabilities of losing the bank roll, as well as how you arrived at the numbers?
Yes, I reslize that it's unlikely to happen, but not impossible either, that your number will not hit 68 or more times in a row.
If my interpretation is correct, then you only need to lose 52 times in a row before a win will not cover your losses.
I.E.: If you have 34 $1 losses, then 18 $2 losses, you're down $70. a win on spin 52, if you've still betting $2, will return $70.
In order to ALWAYS have a positive expectation, you have to shorten the count. I.E. Increase your bet when the net would be zero.
Check out this chart:
Spin | Bet | Invested | Payoff | Net | Expectation | 1 | 1 | 1 | 35 | 34 | 0.9722 | 2 | 1 | 2 | 35 | 33 | 0.9452 | 3 | 1 | 3 | 35 | 32 | 0.9190 | 4 | 1 | 4 | 35 | 31 | 0.8934 | 5 | 1 | 5 | 35 | 30 | 0.8686 | 6 | 1 | 6 | 35 | 29 | 0.8445 | 7 | 1 | 7 | 35 | 28 | 0.8210 | 8 | 1 | 8 | 35 | 27 | 0.7982 | 9 | 1 | 9 | 35 | 26 | 0.7761 | 10 | 1 | 10 | 35 | 25 | 0.7545 | 11 | 1 | 11 | 35 | 24 | 0.7335 | 12 | 1 | 12 | 35 | 23 | 0.7132 | 13 | 1 | 13 | 35 | 22 | 0.6933 | 14 | 1 | 14 | 35 | 21 | 0.6741 | 15 | 1 | 15 | 35 | 20 | 0.6554 | 16 | 1 | 16 | 35 | 19 | 0.6372 | 17 | 1 | 17 | 35 | 18 | 0.6195 | 18 | 1 | 18 | 35 | 17 | 0.6023 | 19 | 1 | 19 | 35 | 16 | 0.5855 | 20 | 1 | 20 | 35 | 15 | 0.5693 | 21 | 1 | 21 | 35 | 14 | 0.5534 | 22 | 1 | 22 | 35 | 13 | 0.5381 | 23 | 1 | 23 | 35 | 12 | 0.5231 | 24 | 1 | 24 | 35 | 11 | 0.5086 | 25 | 1 | 25 | 35 | 10 | 0.4945 | 26 | 1 | 26 | 35 | 9 | 0.4807 | 27 | 1 | 27 | 35 | 8 | 0.4674 | 28 | 1 | 28 | 35 | 7 | 0.4544 | 29 | 1 | 29 | 35 | 6 | 0.4418 | 30 | 1 | 30 | 35 | 5 | 0.4295 | 31 | 1 | 31 | 35 | 4 | 0.4176 | 32 | 1 | 32 | 35 | 3 | 0.4060 | 33 | 1 | 33 | 35 | 2 | 0.3947 | 34 | 1 | 34 | 35 | 1 | 0.3837 | 35 | 2 | 36 | 70 | 34 | 0.3731 | 36 | 2 | 38 | 70 | 32 | 0.3627 | 37 | 2 | 40 | 70 | 30 | 0.3526 | 38 | 2 | 42 | 70 | 28 | 0.3428 | 39 | 2 | 44 | 70 | 26 | 0.3333 | 40 | 2 | 46 | 70 | 24 | 0.3241 | 41 | 2 | 48 | 70 | 22 | 0.3151 | 42 | 2 | 50 | 70 | 20 | 0.3063 | 43 | 2 | 52 | 70 | 18 | 0.2978 | 44 | 2 | 54 | 70 | 16 | 0.2895 | 45 | 2 | 56 | 70 | 14 | 0.2815 | 46 | 2 | 58 | 70 | 12 | 0.2737 | 47 | 2 | 60 | 70 | 10 | 0.2661 | 48 | 2 | 62 | 70 | 8 | 0.2587 | 49 | 2 | 64 | 70 | 6 | 0.2515 | 50 | 2 | 66 | 70 | 4 | 0.2445 | 51 | 2 | 68 | 70 | 2 | 0.2377 | 52 | 3 | 71 | 105 | 34 | 0.2311 | 53 | 3 | 74 | 105 | 31 | 0.2247 | 54 | 3 | 77 | 105 | 28 | 0.2184 | 55 | 3 | 80 | 105 | 25 | 0.2124 | 56 | 3 | 83 | 105 | 22 | 0.2065 | 57 | 3 | 86 | 105 | 19 | 0.2007 | 58 | 3 | 89 | 105 | 16 | 0.1952 | 59 | 3 | 92 | 105 | 13 | 0.1897 | 60 | 3 | 95 | 105 | 10 | 0.1845 | 61 | 3 | 98 | 105 | 7 | 0.1793 | 62 | 3 | 101 | 105 | 4 | 0.1744 | 63 | 3 | 104 | 105 | 1 | 0.1695 | 64 | 4 | 108 | 140 | 32 | 0.1648 | 65 | 4 | 112 | 140 | 28 | 0.1602 | 66 | 4 | 116 | 140 | 24 | 0.1558 | 67 | 4 | 120 | 140 | 20 | 0.1515 | 68 | 4 | 124 | 140 | 16 | 0.1473 | 69 | 4 | 128 | 140 | 12 | 0.1432 | 70 | 4 | 132 | 140 | 8 | 0.1392 | 71 | 4 | 136 | 140 | 4 | 0.1353 | 72 | 5 | 141 | 175 | 34 | 0.1316 | 73 | 5 | 146 | 175 | 29 | 0.1279 | 74 | 5 | 151 | 175 | 24 | 0.1244 | 75 | 5 | 156 | 175 | 19 | 0.1209 | 76 | 5 | 161 | 175 | 14 | 0.1175 | 77 | 5 | 166 | 175 | 9 | 0.1143 | 78 | 5 | 171 | 175 | 4 | 0.1111 | 79 | 6 | 177 | 210 | 33 | 0.1080 | 80 | 6 | 183 | 210 | 27 | 0.1050 | 81 | 6 | 189 | 210 | 21 | 0.1021 | 82 | 6 | 195 | 210 | 15 | 0.0993 | 83 | 6 | 201 | 210 | 9 | 0.0965 | 84 | 6 | 207 | 210 | 3 | 0.0938 | 85 | 7 | 214 | 245 | 31 | 0.0912 | 86 | 7 | 221 | 245 | 24 | 0.0887 | 87 | 7 | 228 | 245 | 17 | 0.0862 | 88 | 7 | 235 | 245 | 10 | 0.0838 | 89 | 7 | 242 | 245 | 3 | 0.0815 | 90 | 8 | 250 | 280 | 30 | 0.0792 | 91 | 8 | 258 | 280 | 22 | 0.0770 | 92 | 8 | 266 | 280 | 14 | 0.0749 | 93 | 8 | 274 | 280 | 6 | 0.0728 | 94 | 9 | 283 | 315 | 32 | 0.0708 | 95 | 9 | 292 | 315 | 23 | 0.0688 | 96 | 9 | 301 | 315 | 14 | 0.0669 | 97 | 9 | 310 | 315 | 5 | 0.0651 | 98 | 10 | 320 | 350 | 30 | 0.0632 | 99 | 10 | 330 | 350 | 20 | 0.0615 | 100 | 10 | 340 | 350 | 10 | 0.0598 | 101 | 11 | 351 | 385 | 34 | 0.0581 | 102 | 11 | 362 | 385 | 23 | 0.0565 | 103 | 11 | 373 | 385 | 12 | 0.0549 | 104 | 11 | 384 | 385 | 1 | 0.0534 | 105 | 12 | 396 | 420 | 24 | 0.0519 | 106 | 12 | 408 | 420 | 12 | 0.0505 | 107 | 13 | 421 | 455 | 34 | 0.0491 | 108 | 13 | 434 | 455 | 21 | 0.0477 | 109 | 13 | 447 | 455 | 8 | 0.0464 | 110 | 14 | 461 | 490 | 29 | 0.0451 | 111 | 14 | 475 | 490 | 15 | 0.0439 | 112 | 14 | 489 | 490 | 1 | 0.0426 | 113 | 15 | 504 | 525 | 21 | 0.0414 | 114 | 15 | 519 | 525 | 6 | 0.0403 | 115 | 16 | 535 | 560 | 25 | 0.0392 | 116 | 16 | 551 | 560 | 9 | 0.0381 | 117 | 17 | 568 | 595 | 27 | 0.0370 | 118 | 17 | 585 | 595 | 10 | 0.0360 | 119 | 18 | 603 | 630 | 27 | 0.0350 | 120 | 18 | 621 | 630 | 9 | 0.0340 | 121 | 19 | 640 | 665 | 25 | 0.0331 | 122 | 19 | 659 | 665 | 6 | 0.0322 | 123 | 20 | 679 | 700 | 21 | 0.0313 | 124 | 20 | 699 | 700 | 1 | 0.0304 | 125 | 21 | 720 | 735 | 15 | 0.0296 | 126 | 22 | 742 | 770 | 28 | 0.0287 | 127 | 22 | 764 | 770 | 6 | 0.0279 | 128 | 23 | 787 | 805 | 18 | 0.0272 | 129 | 24 | 811 | 840 | 29 | 0.0264 | 130 | 24 | 835 | 840 | 5 | 0.0257 | 131 | 25 | 860 | 875 | 15 | 0.0250 | 132 | 26 | 886 | 910 | 24 | 0.0243 | 133 | 27 | 913 | 945 | 32 | 0.0236 | 134 | 27 | 940 | 945 | 5 | 0.0229 | 135 | 28 | 968 | 980 | 12 | 0.0223 | 136 | 29 | 997 | 1015 | 18 | 0.0217 | 137 | 30 | 1027 | 1050 | 23 | 0.0211 | 138 | 31 | 1058 | 1085 | 27 | 0.0205 | 139 | 32 | 1090 | 1120 | 30 | 0.0199 | 140 | 33 | 1123 | 1155 | 32 | 0.0194 | 141 | 34 | 1157 | 1190 | 33 | 0.0188 | 142 | 35 | 1192 | 1225 | 33 | 0.0183 | 143 | 36 | 1228 | 1260 | 32 | 0.0178 | 144 | 37 | 1265 | 1295 | 30 | 0.0173 | 145 | 38 | 1303 | 1330 | 27 | 0.0168 | 146 | 39 | 1342 | 1365 | 23 | 0.0164 | 147 | 40 | 1382 | 1400 | 18 | 0.0159 | 148 | 41 | 1423 | 1435 | 12 | 0.0155 | 149 | 42 | 1465 | 1470 | 5 | 0.0150 | 150 | 43 | 1508 | 1505 | -3 | 0.0146 | 151 | 44 | 1552 | 1540 | -12 | 0.0142 | 152 | 45 | 1597 | 1575 | -22 | 0.0138 | 153 | 46 | 1643 | 1610 | -33 | 0.0134 | 154 | 47 | 1690 | 1645 | -45 | 0.0131 | 155 | 48 | 1738 | 1680 | -58 | 0.0127 | 156 | 49 | 1787 | 1715 | -72 | 0.0123 | 157 | 50 | 1837 | 1750 | -87 | 0.0120 | 158 | 51 | 1888 | 1785 | -103 | 0.0117 | 159 | 52 | 1940 | 1820 | -120 | 0.0113 | 160 | 53 | 1993 | 1855 | -138 | 0.0110 |
---|
As you can see, 136 consecutive losses results in a $1000 bankroll being insufficient to cover the next bet.
If you have a bigger bankroll, and suffer 149 consecutive losses, you have to increase your betting unit to keep up.
The Expectation column shows the odds of losing that many times in a row - (35/36)^spin
Yeah, it's unlikely that you'll suffer that many losses, but not impossible either. If you doubt me, think of all the times you passed a roulette table, looed at the board which shows the last dozen spins, and remarked at how many doubles there are. The odds are against that too.
The other obvious broblems are:
- It's time consuming to the point of being boring.
- Look at spin # 63. How'd you like to lose 62 times and then finally hit on # 63? Do I sense a change of strategy coming up? Woo boy. Change the whole chart!
Expected loss = (Total Wagers)*(House Edge).
This system is no exception.
OK, I wrote a computer program to simulate this system. I didn't answer the question you asked exactly as you asked it, but I hope this helps.
This program allows you to make a FULL SIZE bet for your last bet, even if you don't have the funds to cover it, so it is not giving exact results. You didn't specify what to do in that situation, so I took the liberty, since it made the programming easier. The effect of this change was to make the bust times possibly LONGER than they would be if you were limited by your last wager to available funds.
I ran 20 simulations starting with a 1000 unit bankroll and got these number of rounds to bust:
Number of rounds to bust: 4371
Number of rounds to bust: 36080
Number of rounds to bust: 19883
Number of rounds to bust: 422
Number of rounds to bust: 1346
Number of rounds to bust: 196353
Number of rounds to bust: 8103
Number of rounds to bust: 1558
Number of rounds to bust: 2316
Number of rounds to bust: 56821
Number of rounds to bust: 1159
Number of rounds to bust: 874
Number of rounds to bust: 286
Number of rounds to bust: 10016
Number of rounds to bust: 1593
Number of rounds to bust: 15160
Number of rounds to bust: 23162
Number of rounds to bust: 642
Number of rounds to bust: 28209
Number of rounds to bust: 1759
Here are 20 simulations of the same system starting with a 10,000 unit bankroll.
Number of rounds to bust: 118029
Number of rounds to bust: 20969
Number of rounds to bust: 23796
Number of rounds to bust: 36480
Number of rounds to bust: 213409
Number of rounds to bust: 26667
Number of rounds to bust: 15573
Number of rounds to bust: 62811
Number of rounds to bust: 131183
Number of rounds to bust: 11448
Number of rounds to bust: 2762753
Number of rounds to bust: 852206
Number of rounds to bust: 166302
Number of rounds to bust: 141391
Number of rounds to bust: 41295
Number of rounds to bust: 6922
Number of rounds to bust: 144477
Number of rounds to bust: 215548
Number of rounds to bust: 18867
Number of rounds to bust: 201690
Here is the source code (please double check this code -- I didn't bother checking, I just wrote it and ran it).
Quote:
#include
#include
#include
main() {
int bankroll=10000;
int count = 0;
int ball;
int betUnit = 1;
int numberOfRounds=0;
srand(time(NULL));
while (bankroll > 0) {
numberOfRounds++;
ball = rand()%37;
if (ball == 0) {
bankroll += 35*betUnit;
betUnit = 1;
count = 0;
}
else {
count++;
bankroll -= betUnit;
if (count == 34) {
betUnit *= 2;
count = 0;
}
}
}
printf("Number of rounds to bust: %d\n", numberOfRounds);
}
Quote: DJTeddyBearAre you saying that, if you *never* hit your number, you are betting $1 34 times, and then you're betting $2 34 times, then betting $3 34 times, etc?
Yes, I reslize that it's unlikely to happen, but not impossible either, that your number will not hit 68 or more times in a row.
If my interpretation is correct, then you only need to lose 52 times in a row before a win will not cover your losses.
I.E.: If you have 34 $1 losses, then 18 $2 losses, you're down $70. a win on spin 52, if you've still betting $2, will return $70.
In order to ALWAYS have a positive expectation, you have to shorten the count. I.E. Increase your bet when the net would be zero.
Check out this chart:
Spin Bet Invested Payoff Net Expectation 1 1 1 35 34 0.9722 2 1 2 35 33 0.9452 3 1 3 35 32 0.9190 4 1 4 35 31 0.8934 5 1 5 35 30 0.8686 6 1 6 35 29 0.8445 7 1 7 35 28 0.8210 8 1 8 35 27 0.7982 9 1 9 35 26 0.7761 10 1 10 35 25 0.7545 11 1 11 35 24 0.7335 12 1 12 35 23 0.7132 13 1 13 35 22 0.6933 14 1 14 35 21 0.6741 15 1 15 35 20 0.6554 16 1 16 35 19 0.6372 17 1 17 35 18 0.6195 18 1 18 35 17 0.6023 19 1 19 35 16 0.5855 20 1 20 35 15 0.5693 21 1 21 35 14 0.5534 22 1 22 35 13 0.5381 23 1 23 35 12 0.5231 24 1 24 35 11 0.5086 25 1 25 35 10 0.4945 26 1 26 35 9 0.4807 27 1 27 35 8 0.4674 28 1 28 35 7 0.4544 29 1 29 35 6 0.4418 30 1 30 35 5 0.4295 31 1 31 35 4 0.4176 32 1 32 35 3 0.4060 33 1 33 35 2 0.3947 34 1 34 35 1 0.3837 35 2 36 70 34 0.3731 36 2 38 70 32 0.3627 37 2 40 70 30 0.3526 38 2 42 70 28 0.3428 39 2 44 70 26 0.3333 40 2 46 70 24 0.3241 41 2 48 70 22 0.3151 42 2 50 70 20 0.3063 43 2 52 70 18 0.2978 44 2 54 70 16 0.2895 45 2 56 70 14 0.2815 46 2 58 70 12 0.2737 47 2 60 70 10 0.2661 48 2 62 70 8 0.2587 49 2 64 70 6 0.2515 50 2 66 70 4 0.2445 51 2 68 70 2 0.2377 52 3 71 105 34 0.2311 53 3 74 105 31 0.2247 54 3 77 105 28 0.2184 55 3 80 105 25 0.2124 56 3 83 105 22 0.2065 57 3 86 105 19 0.2007 58 3 89 105 16 0.1952 59 3 92 105 13 0.1897 60 3 95 105 10 0.1845 61 3 98 105 7 0.1793 62 3 101 105 4 0.1744 63 3 104 105 1 0.1695 64 4 108 140 32 0.1648 65 4 112 140 28 0.1602 66 4 116 140 24 0.1558 67 4 120 140 20 0.1515 68 4 124 140 16 0.1473 69 4 128 140 12 0.1432 70 4 132 140 8 0.1392 71 4 136 140 4 0.1353 72 5 141 175 34 0.1316 73 5 146 175 29 0.1279 74 5 151 175 24 0.1244 75 5 156 175 19 0.1209 76 5 161 175 14 0.1175 77 5 166 175 9 0.1143 78 5 171 175 4 0.1111 79 6 177 210 33 0.1080 80 6 183 210 27 0.1050 81 6 189 210 21 0.1021 82 6 195 210 15 0.0993 83 6 201 210 9 0.0965 84 6 207 210 3 0.0938 85 7 214 245 31 0.0912 86 7 221 245 24 0.0887 87 7 228 245 17 0.0862 88 7 235 245 10 0.0838 89 7 242 245 3 0.0815 90 8 250 280 30 0.0792 91 8 258 280 22 0.0770 92 8 266 280 14 0.0749 93 8 274 280 6 0.0728 94 9 283 315 32 0.0708 95 9 292 315 23 0.0688 96 9 301 315 14 0.0669 97 9 310 315 5 0.0651 98 10 320 350 30 0.0632 99 10 330 350 20 0.0615 100 10 340 350 10 0.0598 101 11 351 385 34 0.0581 102 11 362 385 23 0.0565 103 11 373 385 12 0.0549 104 11 384 385 1 0.0534 105 12 396 420 24 0.0519 106 12 408 420 12 0.0505 107 13 421 455 34 0.0491 108 13 434 455 21 0.0477 109 13 447 455 8 0.0464 110 14 461 490 29 0.0451 111 14 475 490 15 0.0439 112 14 489 490 1 0.0426 113 15 504 525 21 0.0414 114 15 519 525 6 0.0403 115 16 535 560 25 0.0392 116 16 551 560 9 0.0381 117 17 568 595 27 0.0370 118 17 585 595 10 0.0360 119 18 603 630 27 0.0350 120 18 621 630 9 0.0340 121 19 640 665 25 0.0331 122 19 659 665 6 0.0322 123 20 679 700 21 0.0313 124 20 699 700 1 0.0304 125 21 720 735 15 0.0296 126 22 742 770 28 0.0287 127 22 764 770 6 0.0279 128 23 787 805 18 0.0272 129 24 811 840 29 0.0264 130 24 835 840 5 0.0257 131 25 860 875 15 0.0250 132 26 886 910 24 0.0243 133 27 913 945 32 0.0236 134 27 940 945 5 0.0229 135 28 968 980 12 0.0223 136 29 997 1015 18 0.0217 137 30 1027 1050 23 0.0211 138 31 1058 1085 27 0.0205 139 32 1090 1120 30 0.0199 140 33 1123 1155 32 0.0194 141 34 1157 1190 33 0.0188 142 35 1192 1225 33 0.0183 143 36 1228 1260 32 0.0178 144 37 1265 1295 30 0.0173 145 38 1303 1330 27 0.0168 146 39 1342 1365 23 0.0164 147 40 1382 1400 18 0.0159 148 41 1423 1435 12 0.0155 149 42 1465 1470 5 0.0150 150 43 1508 1505 -3 0.0146 151 44 1552 1540 -12 0.0142 152 45 1597 1575 -22 0.0138 153 46 1643 1610 -33 0.0134 154 47 1690 1645 -45 0.0131 155 48 1738 1680 -58 0.0127 156 49 1787 1715 -72 0.0123 157 50 1837 1750 -87 0.0120 158 51 1888 1785 -103 0.0117 159 52 1940 1820 -120 0.0113 160 53 1993 1855 -138 0.0110
As you can see, 136 consecutive losses results in a $1000 bankroll being insufficient to cover the next bet.
If you have a bigger bankroll, and suffer 149 consecutive losses, you have to increase your betting unit to keep up.
The Expectation column shows the odds of losing that many times in a row - (35/36)^spin
Yeah, it's unlikely that you'll suffer that many losses, but not impossible either. If you doubt me, think of all the times you passed a roulette table, looed at the board which shows the last dozen spins, and remarked at how many doubles there are. The odds are against that too.
The other obvious broblems are:
- It's time consuming to the point of being boring.
- Look at spin # 63. How'd you like to lose 62 times and then finally hit on # 63? Do I sense a change of strategy coming up? Woo boy. Change the whole chart!
You misread, it is a martingale variant, so the bet is doubled, not incremented by 1 at the end of a cycle. The wins will always cover the losses. The only question is how long will it be until the bank roll or table limit is reached.
Quote: teliotAll betting systems in roulette lose at the rate
Expected loss = (Total Wagers)*(House Edge).
This system is no exception.
OK, I wrote a computer program to simulate this system. I didn't answer the question you asked exactly as you asked it, but I hope this helps.
This program allows you to make a FULL SIZE bet for your last bet, even if you don't have the funds to cover it, so it is not giving exact results. You didn't specify what to do in that situation, so I took the liberty, since it made the programming easier. The effect of this change was to make the bust times possibly LONGER than they would be if you were limited by your last wager to available funds.
I ran 20 simulations starting with a 1000 unit bankroll and got these number of rounds to bust:
Number of rounds to bust: 4371
Number of rounds to bust: 36080
Number of rounds to bust: 19883
Number of rounds to bust: 422
Number of rounds to bust: 1346
Number of rounds to bust: 196353
Number of rounds to bust: 8103
Number of rounds to bust: 1558
Number of rounds to bust: 2316
Number of rounds to bust: 56821
Number of rounds to bust: 1159
Number of rounds to bust: 874
Number of rounds to bust: 286
Number of rounds to bust: 10016
Number of rounds to bust: 1593
Number of rounds to bust: 15160
Number of rounds to bust: 23162
Number of rounds to bust: 642
Number of rounds to bust: 28209
Number of rounds to bust: 1759
Here are 20 simulations of the same system starting with a 10,000 unit bankroll.
Number of rounds to bust: 118029
Number of rounds to bust: 20969
Number of rounds to bust: 23796
Number of rounds to bust: 36480
Number of rounds to bust: 213409
Number of rounds to bust: 26667
Number of rounds to bust: 15573
Number of rounds to bust: 62811
Number of rounds to bust: 131183
Number of rounds to bust: 11448
Number of rounds to bust: 2762753
Number of rounds to bust: 852206
Number of rounds to bust: 166302
Number of rounds to bust: 141391
Number of rounds to bust: 41295
Number of rounds to bust: 6922
Number of rounds to bust: 144477
Number of rounds to bust: 215548
Number of rounds to bust: 18867
Number of rounds to bust: 201690
Here is the source code (please double check this code -- I didn't bother checking, I just wrote it and ran it).Quote:
#include
#include
#include
main() {
int bankroll=10000;
int count = 0;
int ball;
int betUnit = 1;
int numberOfRounds=0;
srand(time(NULL));
while (bankroll > 0) {
numberOfRounds++;
ball = rand()%37;
if (ball == 0) {
bankroll += 35*betUnit;
betUnit = 1;
count = 0;
}
else {
count++;
bankroll -= betUnit;
if (count == 34) {
betUnit *= 2;
count = 0;
}
}
}
printf("Number of rounds to bust: %d\n", numberOfRounds);
}
Thanks, that's really cool. How many BetUnits does it take to hit a bankroll of 10000?
For you to lose 6 times in a row out of your first 6 tosses is 1/64 (1/2^6).
----------------
The common fallacy is that losing 6 times in a row is a relatively rare circumstance. But the reality is that it takes only 89 tosses of a coin until you have a 50/50 probability of losing 6 tosses in a row. If you are playing Martingale, by the time you get to 89 tosses, there is a very low probability that you will have doubled your bankroll. The more tosses you do the higher the probability is that you will lose 6 in a row.
================
If you find a game that lets you lose 7 8 or 9 times in a row before you hit the table maximum, doesn't change the odds at all. Because your bankroll must be larger you will still never get very far before your odds are over 50% that you will lose the required number of times in a row.
================
The house edge only hurts you by decreasing the number of tosses before you hit 50%. Keep in mind that many games pay "bonus amounts" (blackjack, field bet in craps). This has the effect of allowing the game to have a much lower probability of a player loss, while keeping the house edge tolerable. It greatly increases the probability of losing 6,7,8 or 9 in a row.
===============
Define the term "minimum bankroll" required to be the minimum you must have to cover the losses of 6,7,8,or 9 losses in a row. For example if you are playing a game that will have 6 losses in a row you need 63*minimum bet.
===============
In summary (1) there is a proven psychological block in all human beings that make people think that long losing streaks are unlikely. It has been verified over and over. (2) The mathematics of streak calculation are very high level graduate math, usually involving the Markov transition matrix. (3) Even without a house edge, the odds of you "losing x times in a row" before you double your "minimum bankroll" (see definition above) are 2:1. It is far from a sure thing, and it doesn't matter if you find a table that large maximum/minimum ratio. The highest I've ever seen in vegas is 9 losses in a row.
=================
Credentials: Master's degree in mathematics.
It's a betting game with you and two players. Player A will fill out the matrix with H, or T filled in "randomly" by the player. He must fill out the rows in by himself (row by row). Player B will fill out the matrix using some kind of device (flipping a coin or rolling a dice) using H or T (heads or Tails). A dice takes less time because it is tedious to flip a coin 215 times.
You don't know which method the players used. Bet them $100 each that you can tell them if they made up the data, or if they used a dice (or coin) just by looking at their papers. Of course, the game requires them to be honest.
Most people will take this bet thinking there is no way for you to know how the data was derived. Almost everyone who is making up data will think a run of 6 in a row (either H or T) is very unlikely and will stop streaks that are this long. In reality there is much less than a 3% chance that you will NOT have a streak of 6 or more out of 215. Just look at the paper and look for streaks of 6 or more in a row. That will be the data generated by a dice (or coin).
It is harder than most people think to make up random data.
Not only is it 'possible', it's the normal result. You'll lose 20 times in a row, about 57% of the time.Quote: markosIs it possible to lose 20 times in a row?How often does this happen?
To stretch things out a bit, about 10% of the time, you'll get 82 losses in a row!
The norm was that most numbers would have appeared after about 90 or 100 spins, but the last two or three numbers just wouldn't drop. Incidentally, we were using standard Vegas wheels, not some "play" type wheels that you might think could influence the outcome.
Another roulette "system" which is "guaranteed" to work is the Steele system, where a bet is made on the dozen (pay at 2:1) which came up furthest from the current spin, then increasing the bet in an incremental series (1,1,2,3,6,9,14,21,31 . . .), each payoff of which covers all previous losses. It's an easy setup to check on Excel. HOWEVER, one soon realizes that a very large bet has to be made after a number of consecutive losses, and the table limit makes it imperative to switch to inside bets to cover the losses for a very small gain. SO, I certainly don't recommend it. I did win using it once in Atlantic City, then abandoned it the second time around, since that time the second 12 didn't hit for 24 consecutive spins. (I quit long before that.)
Quote: DJTeddyBearNot only is it 'possible', it's the normal result. You'll lose 20 times in a row, about 57% of the time.Quote: markosIs it possible to lose 20 times in a row?How often does this happen?
To stretch things out a bit, about 10% of the time, you'll get 82 losses in a row!
I think DJTeddyBear meant is it possible to lose 20 times in a row if you were betting black (or red). The odds of coming up 20 times in a row as black or red (where 0 or 00 doesn't break the streak) out of 1000 spins are 0.11844%.
I believe that the all time record is still 26 set almost a century ago.
But regarding your comment: The odds of seeing Red hit 'x' times in a row, is identical to the odds of correctly betting on Red or Black 'x' times in a row.
Note: You can change your bet, even change it to one of the other even money bets. The key is to simplify it. Seeing Red is an 'event'. Correctly guessing is an 'event'. Since the individual odds of the events are the same, so are the odds of consecutive events.
Quote: markosIs it possible to lose 20 times in a row?How often does this happen?
In roulette, you are expected to lose 20 times in a row on average after 793,564 spins. Considering there are 467 roulette wheels in the state of Nevada, that would amount to only 1700 even money bets per day per wheel. So there is a high probability that someone will lose that many times somewhere in NV every day.