I was trying to do a roulett technique, without the right amount of money, and I just lost 120$.I knew I did not have enough money to do the strat. But did it any way.

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[–][deleted] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (16 children)

https://pomf2.lain.la/f/bux7st7r.png

So from what I understand, is like, I can go with up to ten bets.

But what happens if they get past 10?

  1. 5$

  2. 10$

  3. 20$

  4. 40$

  5. 80$

  6. 160$

  7. 320$

  8. 640$

  9. 1280$

  10. 2560$

I hedge my bets, and start at three rolls. And I only need up to # 7.

The issue with the strat. Is that it’s only 5$ increments. The low gain is not worth the 2000$ investment. But I can get a hold of 2k

[–]Musky 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (6 children)

Man, I love gambling and I've known a lot of gamblers. Very few come out ahead during their gambling careers. I feel like you're trying to turn this into a viable revenue stream and it's just been tried so many times without success.

[–]Drewski 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (2 children)

I know a guy who plays Baccarat a couple times a month. He brings several grand as a bankroll, plays for an hour or less, and walks away with $300 - $500 winnings just about every time. Worst case he breaks even. Just anecdotal, but if you have the willpower to walk away when you're up it can be done.

[–]Musky 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

The live card games are definitely where it's most possible, although I'm not very familiar with baccarat.

[–]ID10T 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

I usually win a couple hundred bucks when I play blackjack. The trick is to only bet what you bring to the table, and walk away as soon as you are ahead, or you’re busted. You’ll never win much with this strategy, but you’ll never lose much either.

I typically get $200 in chips and as soon as I’m up $200 or more I’m out. If I lose my original $200 I’m out too. I walked away with an extra 2-300 last few times I played but I know that doesn’t mean I won’t lose everything the next few times I play. The mentality is more like “I’m willing to spend $200 to have a bit of fun.” And not actually care too much if I win or lose.

[–][deleted] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (2 children)

Well. I’m no genius.

And that’s the issue.

Like “I’m the one who has stumbled upon this one gambling success?”.

I’m not so naive as to believe that. Out of all the people there, I’m the only one that’s the smartest?

I doubt it.

[–]Musky 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (1 child)

You can always make a small fortune gambling if you start with a large fortune.

[–][deleted] 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (0 children)

Right. Like the stock market.

[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (2 children)

I learned a couple of decades ago during the dawn of internet game based gambling to never try this against a machine, it will always fuck you.

It can however work well on live roulette on low odds bets, so long as you set acceptable limits and never go deeper than what you consider an acceptable loss. It takes patience at times and has its risk, I've watched live tables go black 7 times in a row.

[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

That’s how I lost. I had 5 doubles: 5, 10, 20, 40, 80. And I waited for 3 blacks, and started betting on red. It went red 8 times.

On the machines, they have the results posted from the whole prior 24 hour period. The highest they had that day was 5.

And I saw some lady say that when she was a roulette dealer, she saw 23 reds in a row, that was her max.

[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

That's insane, 23 in a row. After losing to an online roulette game that went black 6 times, I started to tell myself that I'd be better off to switch bet after 3 if I don't break even. There's a few ways you can try and recover, but the risk goes up, if you have a demon machine or app intent on ensuring you lose then you'll lose regardless.

[–]Dragonerne 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (5 children)

The strategy doesn't actually work. It requires you to have infinite money, and the irony is that when having infinite money you wont gain anything. And that's with a 50/50 chance of winning.

Someone did a refutation of it but I don't have a source. I read it 10 years ago

[–]TitsAndWhiskey 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (4 children)

I posted elsewhere that it works insofar as it ensures you won’t lose money, given an infinite timeline and infinite funds. In gambling, that’s winning.

But the color selection doesn’t matter. You could switch colors every bet and see the same outcome.

[–]Dragonerne 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (3 children)

You are right

[–]TitsAndWhiskey 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (2 children)

I actually proved out that it does work with asymmetrical betting. Always double down, never double up.

It mostly falls apart because of table limits, which is why I suspect table limits exist.

[–]Dragonerne 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

What do you mean by double down, not double up? Can you explain your method?

[–]TitsAndWhiskey 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Every time you lose, double the existing bet and play again. Repeat until you win. It may take several rounds and a LOT of cash, but once you finally win you’ll be up by your original bet.

Once you win, play again at the original bet. Never double your bet on a winning hand.

This technique washes your losses and lets you keep your winnings.

It’s the core of the Martingale strategy, all the color run mumbo-jumbo is just gamblers being superstitious.

I’ve found much greater success playing the same column bet over and over, actually. But in practice that’s probably not such a good idea since it will run up your bet faster and is far more likely to run into the table limit.

Edit: let me give you an example.

On an American roulette wheel, there are 2 green spaces which are not winners for either red or black. Those are the house edge. Your odds of winning on a red or black bet is something like 47.5%.

So for every 100 plays, you’ll make $47-48.

But a column bet has a 1/3 chance of winning, but pays 2-1. The house edge is smaller for each, too, being that it’s split 3 ways, not 2.

So for 100 rolls on a $1 bet, you should make somewhere between $66-67, maybe $68. Not sure, I haven’t run the math $64.

Unfortunately you’ll have to double down on losses much more frequently, which is riskier.