online roulette
July 25th, 2012 at 7:50:33 PM
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Quote: SOOPOOGo to an ATM?
bankroll is important for system players in casino. Here I am talking about increasing the quantum of bankroll but with the same monetary value. Very simple, bring your bankroll to another country with lower currency exchange rate and exchange it into the foreign currency. Example, if I bring 200K in Singapore currency to Malaysia, the 200K SGD will be equivalent to RM 450K because of the current exchange rate of SGD 1 = RM 2.5. The higher quantum of bankroll will give you an edge in negative progression of system betting. Genting casino in Malaysia is just 5 hrs drive from Singapore, so it is convenient to do so.
July 25th, 2012 at 7:58:02 PM
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i will keep that in mind next time i feel like a 19 hour flight and 5 hour drive
In a bet, there is a fool and a thief.
- Proverb.
July 25th, 2012 at 8:16:56 PM
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Quote: WongBo
i will keep that in mind next time i feel like a 19 hour flight and 5 hour drive
You are right about 19 hr flight from the States :), so make it a vacation trip to Singapore and Malaysia, can visit Resort World Sentosa (RWS) and Marina Bay Sands (MBS) in Singapore and First World Hotel (FWH) Casino in Genting, Malaysia.
July 26th, 2012 at 8:35:36 AM
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I ever saw a roulette player who placed $100 on 4 numbers in roulette with a single 0. He would repeat betting the same 4 numbers with $100 after each spin. He eventually got one of the numbers correct after quite a number of spins. His chances of winning in each spin is 4/37. Do you think this is a good method? What is the maximum number of spins he can afford to do this flat betting and still come up ahead when the ball eventually landed in one of the 4 numbers?
July 26th, 2012 at 11:08:32 AM
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Quote: MBSplayerHis chances of winning in each spin is 4/37. Do you think this is a good method?
The thing all casual roulette players miss is, there are no
good or better bets in roulette, they're all equal. Except
the 1-2-3-0-00 bet, which is awful. Betting red or an
inside number has the same house edge.
"It's not called gambling if the math is on your side."
July 26th, 2012 at 11:45:08 AM
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Quote: EvenBobThe thing all casual roulette players miss is, there are no
good or better bets in roulette, they're all equal. Except
the 1-2-3-0-00 bet, which is awful. Betting red or an
inside number has the same house edge.
Please eliminate the word casual to have your post make any sense.
July 26th, 2012 at 12:02:01 PM
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Quote: SOOPOOPlease eliminate the word casual to have your post make any sense.
Some roulette players understand there are no better bets, most
don't. The casual players think they have a better chance on the
inside numbers. They don't.
"It's not called gambling if the math is on your side."
July 26th, 2012 at 12:27:39 PM
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removed
silly
silly
I Heart Vi Hart
July 26th, 2012 at 12:41:09 PM
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A good method for the casino to win money.Quote: MBSplayerI ever saw a roulette player who placed $100 on 4 numbers in roulette with a single 0. He would repeat betting the same 4 numbers with $100 after each spin. He eventually got one of the numbers correct after quite a number of spins. His chances of winning in each spin is 4/37. Do you think this is a good method? What is the maximum number of spins he can afford to do this flat betting and still come up ahead when the ball eventually landed in one of the 4 numbers?
One can easily figure this out.
One bet wins and 3 do not.
1*35 - 3*1 = 32unit net win
4/37 probability
4unit net loss
33/37 probability
7 losses in a row = 28 units lost
8 losses in a row = 32 units lost
9 losses in a row = 36 units lost
One can show a profit up to the 7th loss.
The 9th loss needs a bet increase or you need more than one win to show a profit.
That can be answered with a binomial probability distribution.
I Heart Vi Hart
July 26th, 2012 at 1:42:15 PM
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Quote: mustangsallyThe uninformed Roulette players think there are no better Roulette bets.
The uninformed players don't think about it
at all, thats why they're called uninformed.
I talk to them all the time, you can't
even get them to think about it. Buy in
for $100, keep betting the inside numbers
till the money is gone. Repeat. Or wander
away, its all the same to them.
"It's not called gambling if the math is on your side."
July 26th, 2012 at 9:02:05 PM
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Quote: EvenBobThe uninformed players don't think about it
at all, thats why they're called uninformed.
I talk to them all the time, you can't
even get them to think about it. Buy in
for $100, keep betting the inside numbers
till the money is gone. Repeat. Or wander
away, its all the same to them.
If I had a dime for every time I saw the same player bet red and black on the same spin, I'd never have to bring a bankroll. The point Bob was making is that the majority of the players haven't got a clue about the rules of the game let alone the house edge. The guy who bet's one number and the guy who bets all of them is still betting against a 5.26% edge. And yes, the average roulette player does not know this. I suspect most dealers and pit bosses are equally as ignorant.
July 28th, 2012 at 6:02:56 AM
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In the thick of action in RWS Sentosa, so far so good, 2K in about 40 min. Now taking a break and send this post on my HTC EVO 3D phone. Will aim for another 1-2K before calling a night. Just now saw a PRC guy placing 1k chip in 34 inside numbers with a single zero. He also covered 0. He left after winning 5 consecutive spins. He is risking 34K for winning 1K. His chance of winning in each spin is 34/37. He has to win 34 consecutive spins before he can break even on his 34 K bankroll, quite a tall order I must say.
July 28th, 2012 at 6:11:40 AM
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delete
In a bet, there is a fool and a thief.
- Proverb.
July 28th, 2012 at 8:06:58 AM
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Do not be sold on his method.Quote: MBSplayerJust now saw a PRC guy placing 1k chip in 34 inside numbers with a single zero. He also covered 0.
He left after winning 5 consecutive spins.
He is risking 34K for winning 1K.
His chance of winning in each spin is 34/37.
He has to win 34 consecutive spins before he can break even on his 34 K bankroll, quite a tall order I must say.
he has a greater chance to lose making more than 8 bets the longer he keeps that up.
Edit, Added:
he bets 34 numbers including the single 0? (34/37) = possible one spin profit of 35*1 - $33 = 2K not 1K
34/37 = 91.89% winning probability
In any 5 spins
(34/37)^5 = 65.52% chance to win 5 in a row. Less than 2 out of 3.
Any player has a 50/50 chance (50.8%) of winning just 8 in a row, meaning when 1 million players try this method,
500,000 have busted their 34K starting bankroll by the 8th spin and having between $0 and $16K left over)
The chance of doubling a 34K bankroll with this risky method
requires 17 wins in a row because the player wins $2K on any winning spin.
(34/37)^17 = 23.75% or about 1 in 4.21
That is about 237,527 out of 1 million.
Remember, the spins do not have to be sequential. 4 today, 3 tomorrow, 3 next week, they all add up to one long session.
Of course, when 34K is busted, there is a profit left over from the wins up to the spin that busted.
But not for the 81,082, on average, that lost (3/37) on the very first spin.
For every 3 that are successful in doubling the starting bankroll,
1 won NOTHING and LOST everything. 34,000!
Are you feeling lucky!
Know the math, it is your friend and shows what risks one will be taking
Sally
I Heart Vi Hart
July 28th, 2012 at 8:31:32 AM
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for me, a bad math day...
A series of spins do not have to follow each other.
For the system player that needs to win 17 times in a row to double his $34K stake,
he won 5 times and went home. (He was sweating, I am sure of that)
The odds now are looking better for him.
Before the very first spin the odds of doubling the $34K was 23.7526616%
He survived!
Now he only needs 12 wins in a row.
That comes in at 36.2515279% to complete the mission.
Still the dog.
Enjoy
Some will argue against that concept not understanding that each spin at Roulette is an independent spin.Quote: mustangsallyRemember, the spins do not have to be sequential. 4 today, 3 tomorrow, 3 next week, they all add up to one long session.
A series of spins do not have to follow each other.
For the system player that needs to win 17 times in a row to double his $34K stake,
he won 5 times and went home. (He was sweating, I am sure of that)
The odds now are looking better for him.
Before the very first spin the odds of doubling the $34K was 23.7526616%
He survived!
Now he only needs 12 wins in a row.
That comes in at 36.2515279% to complete the mission.
Still the dog.
Enjoy
July 28th, 2012 at 10:04:38 AM
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Agreed with Sally that the PRC guy's method is very risky. It is like putting your hand into bag containing 10 numbers, 1 in 10 chance of losing, he was lucky to win 5 times in a row.
I managed to win my targetted 3K tonight. I like to share one incident that happened to me. I placed 4x $100 chips in the 1st and 2nd dozens and 2x$100 on the 6 liner in the 3rd dozen, so my total bet for this spin is $1k. I went to take a bottle of mineral water nearby a table. When I came back to the table, I saw my bet on the 2nd dozen was only 3x100, one pc was missing. Immediately I complained to the croupier and asking him to check the camera who took or moved my chip. Then, when I glanced back, there was a single $100 chip appeared besides my 3x100 chips in the 2nd dozen.Then the croupier asked the players around the table who placed the $100 chip in the 2nd dozen No one admitted, so the croupier declared that was my chip. I suspected that the old lady sitting nearest to the 2nd dozen was the culprit who tried to steal my chip while I left the table briefly.I did not pursue the matter and let the game continued. And the ball landed in the 2nd dozen! I won $200 from that spin. So do be careful of your chips on the table.
I managed to win my targetted 3K tonight. I like to share one incident that happened to me. I placed 4x $100 chips in the 1st and 2nd dozens and 2x$100 on the 6 liner in the 3rd dozen, so my total bet for this spin is $1k. I went to take a bottle of mineral water nearby a table. When I came back to the table, I saw my bet on the 2nd dozen was only 3x100, one pc was missing. Immediately I complained to the croupier and asking him to check the camera who took or moved my chip. Then, when I glanced back, there was a single $100 chip appeared besides my 3x100 chips in the 2nd dozen.Then the croupier asked the players around the table who placed the $100 chip in the 2nd dozen No one admitted, so the croupier declared that was my chip. I suspected that the old lady sitting nearest to the 2nd dozen was the culprit who tried to steal my chip while I left the table briefly.I did not pursue the matter and let the game continued. And the ball landed in the 2nd dozen! I won $200 from that spin. So do be careful of your chips on the table.
July 28th, 2012 at 10:33:09 AM
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To win the 5 in a row, that you witnessed, does not require that much luck as compared to winning 17 in a row.Quote: MBSplayerAgreed with Sally that the PRC guy's method is very risky. It is like putting your hand into bag containing 10 numbers, 1 in 10 chance of losing, he was lucky to win 5 times in a row.
He still was favored for those first 5 spins.
As each spin is won at a 34/37 win rate, the probabilities do increase for the remaining spins in the series to be bet, not as high as the 91.9% rate but they do increase.
This is the "sweet sugar taste" for system bettors.
They know they can win 3 in a row so they just make 3 bets and quit to come back at another time and do it again.
| wins remaining | prob |
|---|---|
| 17 | 23.75% |
| 16 | 25.85% |
| 15 | 28.13% |
| 14 | 30.61% |
| 13 | 33.31% |
| 12 | 36.25% |
| 11 | 39.45% |
| 10 | 42.93% |
| 9 | 46.72% |
| 8 | 50.84% |
| 7 | 55.33% |
| 6 | 60.21% |
| 5 | 65.52% |
| 4 | 71.30% |
| 3 | 77.59% |
| 2 | 84.44% |
| 1 | 91.89% |
It is the again and again that eventually results in the one big loss.
That leaves a taste that is not so sweet most times.
Keep winning!
July 30th, 2012 at 1:01:14 PM
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with a vig of 2/38 5.26% the answer is 7.
0.5533*(1-0.526) > 0.5
0.5533*(1-0.526) > 0.5
Some people need to reimagine their thinking.
July 31st, 2012 at 2:07:45 AM
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Quote: 98Clubswith a vig of 2/38 5.26% the answer is 7.
0.5533*(1-0.526) > 0.5
May be you want to explain a bit more using layman's terms. Don't quite understand where you get the numbers from. Also please consider a single zero roulette as I only play on European tables, no American roulette in the casino I frequent.
Cheers.
October 8th, 2012 at 5:29:14 AM
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Quote: MBSplayerThis is my first post in the forum. I am keen to play online roulette but not sure which online casinos are trustworthy ones. Would appreciate if anyone can suggest some casinos.
Cheers.
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October 8th, 2012 at 10:29:13 AM
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Play for free is ok but not with real money. I only play at real casino after one bad experience with online live casino.
Quote: duglas1978world casino is the best casino to play online roulette.....
you can play here for free also......
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October 8th, 2012 at 7:51:13 PM
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Maybe you need to ask where the 0.5533 came from in the post previous to mine.
7 in a row is 0.5533 times the chance for a win (1- .0526). The chance for a win is the fraction of the time a zero/00 will ocur subtracted from all spins.
Thus 0.5533*0.9474 = 0.5242. The wins are 52 in 100, the losses are 48 for a net of +4.
Euro-wheel single zero is still a streak of 7. 0.5533*(1-0.0263) = .5270. If we try 8-in-a-row... 0.5084*(1-.0263) = 0.4950.
7 in a row is 0.5533 times the chance for a win (1- .0526). The chance for a win is the fraction of the time a zero/00 will ocur subtracted from all spins.
Thus 0.5533*0.9474 = 0.5242. The wins are 52 in 100, the losses are 48 for a net of +4.
Euro-wheel single zero is still a streak of 7. 0.5533*(1-0.0263) = .5270. If we try 8-in-a-row... 0.5084*(1-.0263) = 0.4950.
Some people need to reimagine their thinking.
December 11th, 2012 at 12:31:49 AM
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Drove up to Genting Highland last Sun from Singapore. Changed 49,000 RM worth of chips and played roulette only. After playing for about 10 hr or so, stopped and cash in the chips, got back 58,000 RM. Drove back to Singapore on Monday morning, So make about 9000 in one night of playing. The house limits for even is 20,000 and for dozens is 10,000.
I tried to enter into VIP Room but was not allowed because of my Silver Card at Genting Casino, need a Gold Card for VIP Room. My guess is the limits in VIP Room are much higher in the International Room where I played.
I tried to enter into VIP Room but was not allowed because of my Silver Card at Genting Casino, need a Gold Card for VIP Room. My guess is the limits in VIP Room are much higher in the International Room where I played.
December 14th, 2012 at 10:07:56 AM
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Drove up to Genting again yesterday, changed same amount of chips, i.e. 50K. Played for almost same amount of time, i.e. 12 hrs and made 9.5K incredibly close to the winning the other day. Guess I was lucky because there were a few close shaves where I need to increase the progressive bettings near to the limit of 10K for dozens. I guess that's what gambling is all about, you still a bit of luck at the end of the day to come out winning.
December 14th, 2012 at 10:21:09 AM
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I saw this roulette table has 5 consecutive blacks and I thought I will bet red. So first put down $100 for red, it came out black again, then use Martingale and put down $200 on red and it came out black again. For the third round, I put down $1000 for red and it came out black. That's where I stopped and moved to another table and put down 2X $5000 on 2nd and 3rd dozen and the ball landed on the 2nd dozen and I won $3700 (5000-1000-200-100=3700) just on that round alone. So from what I learned, it can be risky to bet against a long streak of black/red or large/small numbers for even money. What is the longest streak of the same colour you have ever seen in casino? I have witnessed as long as 15 consecutive black!
December 14th, 2012 at 1:42:05 PM
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The casinos must love you...
December 15th, 2012 at 3:39:12 AM
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I like to see how people place their bets on roulette table. There was this guy who hop from table to table, always looking at the past history of the results. I noticed that he was looking for consistency in the results for dozens. For example, if this table is consistently winning in 2nd and 3rd dozen, he would place $200 in the 2nd and 3 rd dozens. He would repeat if he wins. He would stop and move to another table if he loses. He did not do progressive betting. He also keep note of his winnings and losing. Sometime, the ball would stay within two of the three dozens as many as 10 rounds of play. But if he is unlucky, he may lose 4 times in a row. He breaks even if he wins 2 in a row.
December 16th, 2012 at 7:36:11 PM
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Learnt something new when I wanted to cash in the $59400 chips at the cashier in Genting casino. Because of the large sum of money involved, I was asked whether I want to receive cheque instead of cash. The only condition for issuing cheque is that the casino needs to check CCTV to make sure I was actually betting on tables. My guess is that they want to make sure I was not doing money laundering. In the end I settled for cash because the exchange rate for cheque they quoted to me was 2.52, I.e. 1 SGD = RM 2.52. I could get 2.49 if I go to moneychager in Singapore. But in future, if my winning is in excess of 100k, I may have to settle for cheque as it is safer to carry back to Singapore.
December 16th, 2012 at 9:26:48 PM
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Just changed RM59000 for SGD at Chinatown, S'pore. The rate for buying is $39.50, managed to bargained to $40.00 and got $23600. I would have gotten about $300 less if I were to accept cheque at Genting casino. I thought this was quite a difference.
March 22nd, 2013 at 2:56:17 AM
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Drove up to Genting on Thursday night or more precisely Friday 1 am. Arr at Genting casino at 6 plus am. Changed 50k cash chips and started playing on roulette. Used the same strategy as previously, I.e progressive betting on column/ dozen. By 3 pm same day, decided to call it the day. Cashed out the chips, total was MYR 66,400, so I made 16,400 in just about 7 hrs of playing! This is equal to USD 5260. There were only 3 close shaves where I need to bet 2X $7000 to win the round! The max limit for dozen is 10,000 which mean I must win that round. So it is still not a save method. Next time of going there will be in June. Will stay longer to make more money!
June 15th, 2013 at 5:13:23 AM
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Was in Genting casino a few days ago, stayed for 2 nights under Premium Program where I have to get RM6000 non-negotiable chips for 2 nights of room in First World Hotel. As I went there during weekdays, so rooms were available. Changed another RM 64K for chips, so my total bankroll was 70K. Went to the battle, playing Bacarrat and roulette. After 2 days, cashed out RM 108K, so won about 38K. Probably need higher bankroll if I want to win 200K next trip.
