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  #1  
Old 18th August 2005, 07:29 PM
Gambo Gambo is offline
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Default Roulette system promises big returns

Hi all,

I was wondering if anyone out there has heard of EDITED.? It basically seems to be a roulette betting system that, if followed correctly, promises big returns. It has been offered to me to purchase and I have been looking on the internet for any information about it but have come up with nothing......If anyone knows about it or has any information it would be greatly appreciated.

Thanks.

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Last edited by Moderator 4 : 19th August 2005 at 01:02 PM.
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  #2  
Old 19th August 2005, 10:48 AM
Mr J Mr J is offline
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"t basically seems to be a roulette betting system that, if followed correctly, promises big returns."

Then why is he selling it???

UNLESS the book talks about using physics (to find out where the ball will land, finding crooked dealers (ie **********) or finding a biased wheel, then the method is ****.

Using physics can be done but it is far from easy.

Crooked dealers, well it's cheating and if you get caught (likely) then you are pretty screwed.

You need tons of data to find a biased wheel. They are hard enough to find anyway, and the advantage just isn't worth it.

I'd leave the book alone.

Last edited by Moderator 4 : 19th August 2005 at 12:59 PM.
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  #3  
Old 22nd August 2005, 10:32 AM
karla909 karla909 is offline
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Hi gambo

Without going into the details of my "sordid" life, I have a life long fascination with roulette. I once lived in Monte Carlo for 8 months funded by playing roulette.Although I have given up playing it many years ago, I bought the book in question out of interest.

As Mr J pointed out most of the systems in the book are about finding a biased wheel. The rest are straight progressive systems and some interesting theories on the power of positive thinking.
I have several spreadsheets with 100,000's of actual roulette sequences and ran their theories through the sequences. They all lost.

Roulette can not be broken mathamatically due to the doubling table limit which is usually set at 6 to 8 times the minimum bet.

As a game it is a fun thing to do on occassion. As a way to make money, like all casino games it will get you in the end.

It is an interesting read but in my opinion it is best to give he flick.

I filed the book somewhere in my office and if you want further info I'll try and dig it out.

Karla
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  #4  
Old 23rd August 2005, 11:56 AM
Mr J Mr J is offline
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Just a note about progressions, better to use a positive progression than a negative progression. Much smaller bankroll requirements = less lost overall
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  #5  
Old 23rd August 2005, 03:19 PM
punter57 punter57 is offline
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Mr J, you are 100% correct in nominating positive progression betting as the way to lose least or even win at roulette. Contrary to general belief it is not the zero which gives the casino the edge (2.7%), but THE TABLE LIMIT. Why else is it there?? Even Mr A. Einstein (the only reference to Roulette I can recall from him) made THIS point.
If you are chasing losses by playing a negative progression (ie increasing after losses) you can do it very gradually by, maybe increasing your bets by a small percentage OR aggressively by doubling or even tripling etc. Either way you are going to end up with many small wins followed by a massive wipeout. With doubling, if you are playing ,say,Black (ie 1 then 2 then 4 then 8 etc if Red keeps coming instead) you will win 1 unit each time it arrives (you lose 1 then win 2 = +1; you lose 1 then lose 2 then win 4 =+1 and so on ) until, after numerous successes you get a long run against you and it's -1,-2,-4,-8,-16,-32,-64,-128,=-255 but you CAN'T BET 256 because the table limit is 250!!! So what next? The limit? If successful you are only -5 but WHAT IF YOU LOSE AGAIN? Now -511 and still at the limit!!
This unfortunate occurence wipes them all out. But if you are doing the opposite: increasing after a win you will EXPERIENCE the opposite as well. Numerous small losses followed by a monster win as you hit the limit but KEEP the casino's money because they won't let you risk your winnings any further!! This is quite contrary to the hopes of the casino; THEY want you to lose BIG and then stop, busted.
Also, of course if you hit the "winning streak" early you can walk away an immediate winner, whereas with the negative progression you win so slowly that you have to stay and stay and stay and stay to get well enough ahead to "call it a day", all the while with the negative run just around the corner. The moral? Be POSITIVE. That's all folks!!!!

Last edited by punter57 : 23rd August 2005 at 03:34 PM.
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  #6  
Old 24th August 2005, 07:33 PM
Mr J Mr J is offline
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Sort of agree and disagree. The mathematical advantage obviously comes from their edge, and that is how they profit longterm. The betting limits are just a way of limiting their risk, which is a kind of advantage. They basically make alot of slightly +ev wagers.

If casino's didn't have max betting limits they'd go bust vs lucky/super bankrolled martingalers. Or at least encounter enough variance to mess up their operation

Without a max bet martingale looks fine, but there is always the possibility that you will lose every bet forever. Problem for the casino is that the edge itself isn't enough, they need to curb their risk ('overbetting' would lead their +ev game to be -ev).

Casino's love martingale (when they have the usual limits) since the bettor is turning over a very large amount of money, much more than a min bettor.
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