Roulette

[pericarp]

OK, so I recently started playing roulette at the bookies (on those machines).

I've been applying the Martingale System. You basically place a pound on red/black and if you lose you double your bet. If you win, you return to 1 pound.

Obviously this has its flaws. Check out wiki.

http://en.wikipedia.org/wiki/Martingale_(betting_system)

HOWEVER, I've had 3 sessions at it. Around 3 hours overall I think, and I'm up 105 pounds.
Perhaps one day I'll get royally screwed over, but for the time being, it's been pretty good. A bit slow obviously, raking in only a pound at a time, but you could start with 2 pounds or something, getting 2 pound per win.

I think roughly, you expect to turn over around 60 pounds an hour - far better than average wage.

Someone slap me in the face.

[Not that Nice If I'm Honest]

When I lived in Luton, we used to do that.
We won several weeks in a row, and used to throw it all away on tips and champagne.

Then one week, it kept going wrong, and I had to bottle it when it got just over £1,000 down

As you can imagine, not too pleased, and therefore, carry on with it at your peril !!

[Barry Scott]

Tried it once online using a slightly different system based around the 3 number groups thing. You lose it all in the end, because it simply comes down to something beyond your control, luck.

[leefer]

Tried it once online using a slightly different system based around the 3 number groups thing. You lose it all in the end, because it simply comes down to something beyond your control, luck.

Sort of....like all gaming machines it is based on the percentage a machine will pay out,so in short if someone has just lost a shitload you may get the luck as Barry says....if it has just payed out it will spend the day recouping.

[ghanimah]

OK, so I recently started playing roulette at the bookies (on those machines).

I've been applying the Martingale System. You basically place a pound on red/black and if you lose you double your bet. If you win, you return to 1 pound.

Obviously this has its flaws. Check out wiki.

http://en.wikipedia.org/wiki/Martingale_(betting_system)

HOWEVER, I've had 3 sessions at it. Around 3 hours overall I think, and I'm up 105 pounds.
Perhaps one day I'll get royally screwed over, but for the time being, it's been pretty good. A bit slow obviously, raking in only a pound at a time, but you could start with 2 pounds or something, getting 2 pound per win.

I think roughly, you expect to turn over around 60 pounds an hour - far better than average wage.

Someone slap me in the face.

Good luck when it spirals out of control on a losing streak. If you want to dabble in that, personally I think you're better off with the Reverse Labouchere system

But you'll still up losing because a significant margin is built into the machine's favour

[Samdy Gray]

I've know people blow thousands in the space of a few minutes on those machines.

Call me a cynic, but I've never been trusting of machines that are in the control of bookmakers. What's to stop them purposefully making you lose?

[pericarp]

I've know people blow thousands in the space of a few minutes on those machines.

Call me a cynic, but I've never been trusting of machines that are in the control of bookmakers. What's to stop them purposefully making you lose?

I too am unsure of that. But surely tampering with the machine is very very illegal? As in, if its investigated upon, and turns out the machines are tampered with, wouldn't they get properly screwed?

[pericarp]

When I lived in Luton, we used to do that.
We won several weeks in a row, and used to throw it all away on tips and champagne.

Then one week, it kept going wrong, and I had to bottle it when it got just over £1,000 down

As you can imagine, not too pleased, and therefore, carry on with it at your peril !!

Did you stick to your game plan, or did you end up betting more on the initial bet, as you got more and more rich and complacent?

[Flashheart]

Roulette is purely a game of chance, and the odds are always the favour of the house.

There's all sorts of guides out there but it does nothing to change the law of probability. You have absolutely no control over whether or not you win or lose.

[Batch]

In the casino, the cardinal rule is to keep them playing and to keep them coming back. The longer they play, the more they lose, and in the end, we get it all.

[pericarp]

Roulette is purely a game of chance, and the odds are always the favour of the house.

There's all sorts of guides out there but it does nothing to change the law of probability. You have absolutely no control over whether or not you win or lose.

Was I just really lucky to have come out 100 pounds on top? I know statistically, I'm meant to lose money.. But it seems like I now have money to play with.

[Flashheart]

Was I just really lucky to have come out 100 pounds on top? I know statistically, I'm meant to lose money.. But it seems like I now have money to play with.

Yes

Yes you were just really lucky. Nothing more, nothing less.

[leefer]

Enjoy it.......just dont give it them all back.

[Flashheart]

Casinos's actually make a very small margin, something like 1% or less.

But that small margin is how they make their money. It seems as thought you may be winning which leads people into a false sense of security. For all they pay out in winnings, the casinos actually take 1% (ish) more in takings. A small margin that adds up when there's a lot of people gambling.

On the roulette table the '0' is the catch. When it comes to numbers you are likely to win/lose as much as the house, the same with red or black. Even Stevens. But it's the '0' were they make their money because the '0' does not count in a black/red bet. (Or something like that, can't remember exactly)

Either way, you have no influence over whether you win or lose each time the wheel is spun. Absolutely no influence whatsoever.

[Samdy Gray]

I too am unsure of that. But surely tampering with the machine is very very illegal? As in, if its investigated upon, and turns out the machines are tampered with, wouldn't they get properly screwed?

Probably yes, but I don't necessarily mean full on tampering. All the machines run on software programmed by a human which is basically a glorified random number generator. Any developer will tell you how difficult it is to write code to create a genuinely random number, after all algorithms are a defined (i.e. not random) set of instructions.