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The Casino Killer - Roulette Betting Strategy
If you started looking for a roulette betting strategy maybe on the internet - I guarantee you would find a certain one. It might be given a different name or have some slight variation on the original - but it would highly likely be based on the martingale system.
This super, secret, guaranteed winning strategy has been around for a couple of centuries and I doubt anyone has become rich from it yet.
The system sounds fairly plausible - you bet on an even odds result (say red/black or odd/even) then if you lose you repeat the bet double your original stake. The idea is that if you keep doing this then you eventually make a profit. There are quite a few problems with this system even though the idea sounds like it might work.
There are no truly 50/50 bets in a casino - there is always a slight house edge. If you are unable to double your stake at any point the system fails
The system is taking the risk of a very large loss in exchange for lots of little gains
If you reach the house limit - the system breaks down
Your stake requirements can get very large if you lose a few times in a row. There are variants on the system - where you don't start betting until you've seen certain combinations occurs e.g. wait for three reds in a row and then start using martingale buy betting on black.
The main statistical problem with all of them is they are presuming that after a sequence of certain events - the opposite event is more likely. This is not true as passed events have no bearing on the next spin of the wheel - you can roll red 15 times in a row but it's still 50/50 (excluding 0) the next spin - this is usually ignored in the average roulette betting strategy. This statistical truth means that long sequences actually occur more often that you expect - the Martingale player could easily be faced with the situation of having to place bets of several thousand dollars to recoup a $1 profit!
Although I prefer the atmosphere of a real life casino and roulette table - online roulette is becoming increasingly problem. The major difference is that the wheels spins are not controlled by random chance but by a computer attempting to simulate this.
Casino killer is a program designed to predict patterns and winning bets in online roulette - it only works with outside bets (i.e. it doesn't predict single numbers only combinations). It's worth checking out but remember it can't be used as a roulette betting strategy with real casinos as the spin is completely random there.
About the Author John Greenhoff is an Internet entrepreneur and SEO Specialist. He's working on becoming a full time professional gambler. Check it out here - I'm pretty impressed so far. Roulette Killer All the best John |
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