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 -  (12 children)

It’s a BIG GOTCHA. If you loose.

It’s a high risk strategy. The more money you have, the more you can bet to make it work.

Table limit is 2500 on the 5$ tables. That’s like bet 15. I start when three consecutive colors come up. So three reds, then I start betting in on black. I’m going to go with like 8 bets. So I’d be making it to like 11 reds at worst.

It still a game of chance. I can loose, and the odds do favor the house. But if you go with enough bank roll, it’s possible to have a really really good streak. If you hit like 10 reds in a row, you’re getting fucked.

But the statistical chances of the house rolling 13 reds in a row are crazy bad.

No one seems to understand that the strategy is over a certain number of bets. It’s not one bet, it’s comming in prepared to bet 10 consecutive doubling bets.

Do you see what I mean?

I’m going to the casino on Friday with my girlfriend, and I’m going to just sit there and watch bets, and see how many actually ever make it to 6 consecutive bets or 7 or 8.

When I went the other night, the highest for the whole day was 5 consecutive.

[–][deleted] 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (1 child)

You're right bro. I give you the reddit silver.

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

Lol. Thank you.

[–]TitsAndWhiskey 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (9 children)

Everybody is bagging on you because of this red herring around color streaks. It’s the statistical equivalent of pseudoscience.

It literally does not matter what color you bet on or when.

That part is bogus, but the asymmetrical betting strategy 100% works. It basically allows you to bank your previous luck.

[–][deleted] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (8 children)

Okay. So I’m not doing it right. But the double down betting works.

[–]TitsAndWhiskey 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (7 children)

The only thing you did wrong was not have enough funds to cover the loss rounds.

Let me be clear, though. In order to incrementally inch ahead of the game, you have to stick to your minimum bet when you’re winning. Don’t double up.

[–][deleted] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (6 children)

Right. Win and re start.

[–]TitsAndWhiskey 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (5 children)

Right. I’m also play testing a stop-loss strategy right now. I’ll let you know how that works out. Basically cut bait before you get in too deep. My thinking is that it’ll take longer to accumulate, but should be safer.

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

Are you on the east coast?

[–]TitsAndWhiskey 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (3 children)

Yeah

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

Humm. I’ll go do recon Friday. If you’re near DC maybe we can hit the MGM.

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

No, moved away from that area years ago, sorry