Roulette

[janaage]

A couple of very trustworthy friends (by that I mean they tell me what they lose and win on bets, and not just the wins) are into bookies roulette. They have some system (neighbourhood bets or something) and to be fair they are well up, one of them in particular seems to win £20 plus every time he plays (on average). My other mate used to do it just to pay for his football bets.

[DMR]

I love a punt and gamble hard when I fancy it. Have had some terrible losses but got myself in order these days.

Bottom line is your system will work but only if you have unlimited pot to keep doubling up. They'll get you eventually.

You've already fallen in to trap 1 of thinking you've got a system sussed and you're untouchable. Has it not occurred to you that people have thought of and implemented your tactics before... If it was that easy the bookies would all be out of business.

It's an addiction and it draws you in. Sorry to sound abrupt but as I say, they've already got you cos your attitude suggests you think it's easy.

I have battled some demons with gambling: I probably still have some but I've dragged it back a bit. So I'm not just preaching. Good luck to you but it's never easy to stop.

[Jackstfc]

I enjoy playing roulette but believe me you lose in the end.

Enjoy winning - because your luck WILL change. Set a win target and a max stake to lose BEFORE you play and stick to it!

The "system" of doubling your stake on either RED or BLACK WILL get you in the long run. When you win, the returns are relatively low (double money on that spin) against the increase in incremental stake you need to put on when you lose and, to kill this system the house has a single spin limit - if they didnt then yes, even the most cautious bank would lend you to guarantee the return as it would indeed be a guaranteed earner if a table limit was not in place.

Oddly, I seem to do better at the Casino when I start badly so I do believe that your luck changes, its just getting the feel of when to get off !  I also think you are better if you have a couple or more spins than the probabilities of your bet coming in,  eg  a neighbours bet is 5/37 or 1/7.something so I would have 8 or 9 goes and the law of averages says you should repeat should win at least once.
 
Whilst the wheel has no memory there are , with exceptions, a relatively stable rate of hits on most numbers over time, so stick at your method but only until you get a fair return or your money runs out !

[pericarp]

OK I decided to play online yesterday. Received 2, 10 pound bets for free. Lost them both. Then put in 15. Lost that. Then put in another 10. Lost that. 

[Flashheart]

Try matched betting or learn to play poker instead.

[pericarp]

Try matched betting or learn to play poker instead.

What is that?

[Flashheart]

Here: http://thetownend.com/index.php/topic,23046.0.html

I assume you know what poker is.

[Give us an S]

If you start at a quid and have the pockets of a premiership footballer you will never lose. But understand your bankroll. 5 wrong in a row and your stake is £32. Another 5 wrong and your stake is £1024, just to make £1 profit. Another 5 wrong and your stake is £32k. I like you have, have made money at first because I never got more than 3 or 4 wrong in a row. But I have seen some awful streaks where you will lose big and run out. It will happen eventually. Those machines are meant to be random unlike fruit machines which have a % payout. But I don't trust them, casinos seem to be the safer option. But either way, quit while you are ahead.

[Crispy]

Had an amazing streak on these things, at one point was a few thousand up, started a vile loosing 6-700 and just stopped. Have not looked back at them since. Play them until your luck runs out, and be prepared to just call it a day there and then.

[sheepshagger]

Went to Vegas with work about 15 years ago - said to myself I am going to spend $500 on the blackjack tables and no more (didn't know what poker was and didn't like Roulette)

It took less than 10 minutes to spend $500 - and another 15 to lose another $500

Walked away $1000 down without winning 1 hand in less than 30 minutes !

Played the wheel of fortune after that all week - lost about $10 a night but it made the drinks free so was up overall !!!

Hard lesson to learn !

[LucienSanchez]

I like a bit of blackjack, however, last time i went to Vegas i had no luck whatsoever. First time round i would habitually walk away from the table $200-300 up every evening - it was wonderful. The second year, i think i only landed a profit one day out of 6. That was annoying, as i played the same tactics every hand... casinos always win.

[Bosey]

I have a few systems for different machines. All "seem" to work but then like mentioned before I got from £200 up to £200 down in a day and have to start again.

I lost a lot on these machines so go careful, ended up being evicted and burning bridges with friends.

Now I stick to the odd accumulator and cross my fingers!

[SirWinston]

My university Statistics lecturer was contracted by a casino in Leeds to verify the data they were gathering to ensure things were as much in their favour as they expected.  Half an hour talking to him convinced me that any time I gambled it should be for a bit of fun and not to make money.

Scary to read how many people have experiences of big wins and losses on here.  The chance of making quick money is like a massive magnet!!!!

[Nemo]

See, I love gambling on sports and events, but I've never been particularly attracted to games of chance- the odd game of Poker with friends, but no Roulette or anything like that.

[leefer]

Gambling when under control is fun,and as people have said you can make some big bucks if you have your head screwed on.
Sadly for me it got to the stage where gambling was ruining my life,which meant ten years ago i attended Gamblers Anonomous.
I attended for five years....from gambling everyday it has meant in the last ten years i have gambled(slipped up)about six times.
These days i look back in horror at my gambling demons but am acutely aware of the devil on my shoulder ready to send me to oblivion again.

Lots of my friends are responsible gamblers and sadly i was one of a minority so i am not being a doom monger just saying that for a few gambling becomes an addiction....i miss it sometimes usually on match days or if i am with friends who are having a punt.
But the day i first attended GA was the day my life started again for lots of reasons