Quote:
Originally Posted by FRPLG
Roulette is regarded as one of the worst odds in a casino. In other words it is a game that keeps the casino open because the odds are so stacked against the player as to gurantee that the player cannot win. To assert that there are any patterns in a clearly random game is foolish. Every spin is independent of all other spins and therefore logical and reasonable statistics can be used to show how it is IMPOSSIBLE for someone to play roulette for the long term and make money at it. It is VERY POSSIBLE to play roulette on a very short term basis and make money simply due to luck but eventually that luck will wear out. Everything evens out in the end. The stats do not lie. To assert that there is a system that can predict what number or color or whatever is coming is simply dumb. I am sorry but your system sounds like you have just been fantastically lucky if it has 'worked' for you.
And all those books someone posted about roulette are like someone else said either written by a moron or by someone who is dishonest.
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This is assuming you're wagering on anything other than red or black. As Schneed pointed out earlier, you're chances of landing on red or black are 47 or 48.xxx (I forget exactly). As far as gambling goes those odds ain't half bad. If you wager on a specific color and use probability to figure out the chances of a specific color being rolled out of say 6 or 7 times then you increase your chance of winning provided that you cover all of your total losses thus far on each subsequent wager until your fixed color (red or black) finally comes up. With this simple method you're gambling that your color will come up 1 out of 6 or 7 times. If you win you start the wagering process all over again. The only times you get screwed is if your color doesn't come up after a 7th roll. Again, you're just playing the odds that your color will come up eventually. Whether you have the financial resources to keep up is another story. Regardless, it's not foolproof and you can get burned if your color doesn't come up (10 straight reds or 6 reds followed by 0 then followed by 3 more reds).
Out of 7 consecutive rolls, you're wagering would look something like this: $5, $10, $20, $40, $80, $160, $320. If you play a fixed color the entire time and finally that color comes up you'll win $5 dollars. It's slow and tedious but fairly effective.