New to Roulette, Have A Theory/Question
August 1st, 2017 at 5:13:21 PM
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abc123
Last edited by: atg8796 on Aug 1, 2017
August 1st, 2017 at 5:18:41 PM
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Casinos will welcome you with open arms.
DUHHIIIIIIIII HEARD THAT!
August 1st, 2017 at 5:25:15 PM
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What a useful response, thanks.
August 1st, 2017 at 5:27:08 PM
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If red hits, you win $10 net, black hits you lose $10 net. Green and it's a $30 loss. Not hard to figure out why casinos will welcome you.
Last edited by: Ibeatyouraces on Aug 1, 2017
DUHHIIIIIIIII HEARD THAT!
August 1st, 2017 at 5:34:25 PM
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Complete crap
August 3rd, 2017 at 11:41:20 AM
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I'm curious. What was the original theory/strategy?
August 3rd, 2017 at 11:46:43 AM
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Sounds like $20 on red and $10 on black? =P
Playing it correctly means you've already won.
August 3rd, 2017 at 12:34:19 PM
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The best thing about being new to roulette is you're just as good as someone who's played 20 years
August 3rd, 2017 at 2:22:27 PM
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"Sounds like $20 on red and $10 on black? =P"
That's what I thought too, but I figured there is no way that's what someone really posted.
Why not just bet $10 on red then?
That's what I thought too, but I figured there is no way that's what someone really posted.
Why not just bet $10 on red then?
August 3rd, 2017 at 2:38:07 PM
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$30 avg bet ups that ADT and gets 3x the comps!Quote: mwalz9"Sounds like $20 on red and $10 on black? =P"
That's what I thought too, but I figured there is no way that's what someone really posted.
Why not just bet $10 on red then?
Playing it correctly means you've already won.
August 9th, 2017 at 12:41:02 AM
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On average you're losing 52.6 cents on every $10 bet --- no matter what you do --- assuming you're playing the double zero variety and avoid betting on the 0, 00, 1, 2. 3 option which has a bigger house edge.
All the betting strategies do is to change the variance. The lowest variance (i.e. betting all numbers) causes you to lose your 5.26% exactly every roll. A high variance bet is to bet one single number which you will lose 37 times out of 38, but score "big" one time out of 38. But your average loss is still 5.26%. There are combination bets somewhere in the middle (such as betting red and black) where 18/19 times you break even and 1/19 (which is 5.26%) you lose your entire bet.)
Presumably the reason someone said casinos will love you if you bet on roulette is because there are MANY, MANY bets in the casino which cost far less than 5.26%. Voluntarily giving up that much makes you a very valuable customer to the casino.
All the betting strategies do is to change the variance. The lowest variance (i.e. betting all numbers) causes you to lose your 5.26% exactly every roll. A high variance bet is to bet one single number which you will lose 37 times out of 38, but score "big" one time out of 38. But your average loss is still 5.26%. There are combination bets somewhere in the middle (such as betting red and black) where 18/19 times you break even and 1/19 (which is 5.26%) you lose your entire bet.)
Presumably the reason someone said casinos will love you if you bet on roulette is because there are MANY, MANY bets in the casino which cost far less than 5.26%. Voluntarily giving up that much makes you a very valuable customer to the casino.
August 9th, 2017 at 1:57:40 AM
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Quote: BobDancer
Presumably the reason someone said casinos will love you if you bet on roulette is because there are MANY, MANY bets in the casino which cost far less than 5.26%. Voluntarily giving up that much makes you a very valuable customer to the casino.
CLARIFICATION: "there are MANY, MANY bets at other games and devices in the casino which ....
The main point to remember is that for most wheels under most rule sets, its 5.26 percent house edge against you. The player simply chooses his variance or perhaps one could say 'hedges' his variance.
Using different types of roulette wheels under different rule sets, if available, is wise but not always a practical option.
August 9th, 2017 at 3:07:14 AM
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We all try to be helpful but there is always a degree of variance in our responses.Quote: atg8796What a useful response, thanks.
No need to vandalize your own posts when its just a matter of variance.
