A $400 bet returns $380 plus that $1 in real life. I'd say your best bet is not to bet.
Others may correct my rough math and show you a way to make up that missing $19, but it doesn't seem like much of an opportunity.
your best chance is to cover just those numbers which are more likely to win and avoid those that will lose. Do that by making educated guesses with, say 80% success rate and you will soon have all your bills covered but don't get fabulously rich doing that or you might spoil somebody's chance to use his method. 🙂Quote: darktinThere is a roulette machine that I can bet on all numbers, column, and section. The bonus rate is for $1 bet I earn 1 point. For every 400 points it is $1 in real life, that I can spend on gas, buy stuff, and use it to play slot machines. How can I play that roulette machine to come out as even or maximize the value?
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Sorry. I'm talking nonsense. Those auto games don't use the right kind of random. What was I thinking.
He has a Roulette system with a double digit positive house edge.
Quote: TigerWuAsk EvenBob.
He has a Roulette system with a double digit positive house edge.
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Pay attention TigerWu. It's a method, not a system. 🙂
Only an idiot would claim to have a winning roulette system. 🙂
Quote: OnceDear
Only an idiot would claim to have a winning roulette system. 🙂
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I think I have my new signature.
Thanks!
Quote: darktinThere is a roulette machine that I can bet on all numbers, column, and section. The bonus rate is for $1 bet I earn 1 point. For every 400 points it is $1 in real life, that I can spend on gas, buy stuff, and use it to play slot machines. How can I play that roulette machine to come out as even or maximize the value?
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Skipping the rude answers which established members use to make fun of a series of delusional posts about beating roulette…
The offer you describe is not nearly enough to overcome the staggering house edge of over 5% built into double zero roulette. Not even nearly enough to beat single zero roulette. If there are additional benefits like earning free play, free meals, etc…, then let us know what they are and perhaps (unlikely) it is possible to find an edge.
"Only roulette is easy enough that an overstuffed toy poodle can play it without explanation."
You are obviously a lazy gambler. Non-gamblers are willing to study roulette for 17 years and also build up an immunity to iocaine. Until you do this, you should not enter into a battle of wits with EB.Quote: teliotCan I quote myself from my second book and not have it count as an insult?
"Only roulette is easy enough that an overstuffed toy poodle can play it without explanation."
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Oops, I just insulted teliot. Let the suspension begin.
Quote: darktinThere is a roulette machine that I can bet on all numbers, column, and section. The bonus rate is for $1 bet I earn 1 point. For every 400 points it is $1 in real life, that I can spend on gas, buy stuff, and use it to play slot machines. How can I play that roulette machine to come out as even or maximize the value?
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If you are playing in an online casino, check the Terms and Conditions of your account. Risk-free hedging is usually a violation of the rules that you agreed to when signing up. Of course, this seems like a stupid rule as long as the casino is making 5.25% on the game. The casinos don't want to make it easy for people to play promotions through multiple accounts with minimal risk and capital. For example:
Quote: casino
If (casino) becomes aware of a participant who, in the course of participating in a Promotion, has become able to guarantee wins and/or profits with no or only minimal risk, and/or benefits from a Promotion by participating through more than one (1) Account, and/or displays irregular or unusual playing or betting patterns which (casino) deems to be abusive, (casino) may elect to do any one or more of the following: (i) close the customer’s Account(s); (ii) invalidate the transactions or game play which was in contravention of this term; and/or (iii) withhold the customer’s Bonus, including winnings from such transactions or game play.[\q]Gambling is a math contest where the score is tracked in dollars. Try not to get a negative score.
Quote: billryanUsing rough numbers, roulette usually has more than a five percent edge, so every dollar you bet returns 95 cents. A $100 bet returns $95.
A $400 bet returns $380 plus that $1 in real life. I'd say your best bet is not to bet.
Others may correct my rough math and show you a way to make up that missing $19, but it doesn't seem like much of an opportunity.
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and this is your reply,
then you have demonstrated your complete inability to grasp the problem with your idea. Grab your keys, walk out of the casino, drive away and never come back.Quote: darktinThis is at a physical casino itself. It is just that they have not locked like the one Las Vegas where I can only bet 2/3 of the roulette wheel. Maybe if they find out they would lock it, depending how threaten they feel.
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Quote: darktinThere is a roulette machine that I can bet on all numbers, column, and section. The bonus rate is for $1 bet I earn 1 point. For every 400 points it is $1 in real life, that I can spend on gas, buy stuff, and use it to play slot machines. How can I play that roulette machine to come out as even or maximize the value?
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So, do I understand right that they're paying 35 to 1, and there are 38 numbers on the wheel?
Quote: darktinYes, American roulette with two 0. 35 to 1 payout and there are 38 numbers.
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I'm sure someone will spell this out more eloquently than I possibly could.
I am assuming $1 per spot bet.
If your number hits, you end up with $36. (This is your $1, plus $35 in winnings.)
If you bet 38 spots ($38 total bet), you will get $36 back at the end of the spin. This is a $2 loss, with no worries - you will get it, every time. You will get 38 points, with a cash value of about 9 cents.
If you can bet 36 spots ($36 total bet), you will get $36 back if your number hits. You will hold even as long as you can keep guessing 2 numbers that will not hit on the next spin. You will get 36 points, with a cash value of 9 cents, win or lose.
If you can bet less than 36 spots, you will make money if your number hits. You will make money as long as you can keep guessing 3 or more numbers that will not hit on the next spin. Assuming you bet 35 spots, you will get 35 points, with a cash value of a bit under 9 cents, win or lose.
I have absolutely no idea how to pick winners at roulette. You're on your own there.
Best of luck!
Or, if you know whether it's going to be red, or black, or odd or even, you can bet $400 on the appropriate outside bet and WHEN you win, you collect $400 profit plus your $1 worth of points.Quote: DieterQuote: darktinYes, American roulette with two 0. 35 to 1 payout and there are 38 numbers.
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I'm sure someone will spell this out more eloquently than I possibly could.
I am assuming $1 per spot bet.
If your number hits, you end up with $36. (This is your $1, plus $35 in winnings.)
If you bet 38 spots ($38 total bet), you will get $36 back at the end of the spin. This is a $2 loss, with no worries - you will get it, every time. You will get 38 points, with a cash value of about 9 cents.
If you can bet 36 spots ($36 total bet), you will get $36 back if your number hits. You will hold even as long as you can keep guessing 2 numbers that will not hit on the next spin. You will get 36 points, with a cash value of 9 cents, win or lose.
If you can bet less than 36 spots, you will make money if your number hits. You will make money as long as you can keep guessing 3 or more numbers that will not hit on the next spin. Assuming you bet 35 spots, you will get 35 points, with a cash value of a bit under 9 cents, win or lose.
I have absolutely no idea how to pick winners at roulette. You're on your own there.
Best of luck!
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Only place the wager, though, when you know with 80% certainty that you will win.
Can't do that? No. Nor can anyone else!
Alternatively, bet $400 on red and $400 on black at the same time and when it's not green, pick up your $800 and your $1 worth of points for a net profit, and run straight home, thanking your favourite deity for not letting it be green. Oh. and if it's green and you lose, there's always tomorrow.
I'm sorry Darktin. I'm only giving these facetious answers, because you are a long established member here. You surely read through the top poster's threads over in the 'Betting systems' sub forum. There you will see such nonsense about beating roulette by educated guessing. No need to feel inferior or downbeat. When roulette was invented >200 years ago, there came to be a steady flow of losers that thought they could beat roulette. Bless them. They kept the casinos in business all this time. I'm sure you won't want to be one of them.
Unless your bonus scheme pays you 5.27% of your stake back as points, you have NO advantage.
Judging by this it seems simple. I really think Darktin was thinking if he can bet all sectors at once he breaks even, like betting the pass and the don't pass at the same time at Craps and thinking you are breaking even... meanwhile collecting comps. You and your buddy do it maybe, right? Doesn't work, alas.Quote: darktinThis is at a physical casino itself. It is just that they have not locked like the one Las Vegas where I can only bet 2/3 of the roulette wheel. Maybe if they find out they would lock it, depending how threaten they feel.
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I was too hard on Darktin, sorry, probably he's been here a long time but not following threads that would have enlightened him.
Agreed ODG,Quote: odiousgambitJudging by this it seems simple. I really think Darktin was thinking if he can bet all sectors at once he breaks even, like betting the pass and the don't pass at the same time at Craps and thinking you are breaking even... meanwhile collecting comps. You and your buddy do it maybe, right? Doesn't work, alas.Quote: darktinThis is at a physical casino itself. It is just that they have not locked like the one Las Vegas where I can only bet 2/3 of the roulette wheel. Maybe if they find out they would lock it, depending how threaten they feel.
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I was too hard on Darktin, sorry, probably he's been here a long time but not following threads that would have enlightened him.
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The original poster was contemplating that there may be some way that he could structure his bets so as to make more profit from the bonus points than he would lose to the house edge.
His question was eminently reasonable.
Sadly, the math really was as simple as
House edge = 2/38=5.26%
Value of bonus = 1/400= 0.25%
5.26>0.25. Conclusion. Nope. Can't be done
Now, if the bonus had been, say 2% and he could have found a Euro roulette wheel with La Partege, then he would have been right to ask, as we would remember and remind him of the 1.35% edge on certain bets.
Mocking? Who's mocking who?Quote: billryanYou folks keep mocking away as Bob seeds away many days' worth of candles.
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Over here in Europe & Blighty, we are facing the prospect of rolling power cuts. If they happen, I'll regret not taking his lead and stocking up..... No. Actually I won't, I'll use the LED lamps.
The OP here was looking to 'use' roulette to his advantage. He's simply been given opinions that it can't be done. But as alluded to in thread, he's been given clues that other opinions are available and hints as to where to seek out the one member that opines that it can be done.
Seems like he's had a good balance of answers.
I have learned more from EB than any other poster on this site. None of those things was true, but there sure were a lot of claims posted by EB.Quote: billryanYou folks keep mocking away as Bob seeds away many days' worth of candles.
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Cool!Quote: MentalI have learned more from EB than any other poster on this site. None of those things was true, but there sure were a lot of claims posted by EB.Quote: billryanYou folks keep mocking away as Bob seeds away many days' worth of candles.
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He has some creative meal ideas.
None of which things was true? In what way? Did someone in this thread mess up with math?