Roulette strategy

[smandur]

Hy,I am thing on a strategy, please help my mind flow a bit.

Lets say starting bet is 1 dollars, table limit is 100 dollars. We bet on red/black, until it comes.

We us martingle levels:
1) 50% chance, 1 dollars
2) 25% chance, 2 dollars
3) 12,5 % chance, 4 dollars
4) 6,25 % chance, 8 dollars
5) 3,125 % chance, 16 dollars
6) 1,5625 % chance, 32 dollars
7) 0,78125 % chance, 64 dollars

That means we fail 0,78 times out of a hundred times.
But 100 times x 1 is 100 .
Fail level 100 x 0,78 is 78.

That means over 100 times our margins should be 22,factor in a loss of 127, that means 127-122 is 5 . (that is the casino edge).

If this happens:Now we use bigger level of 5 dollars a bet limit 500 until we get our loss back in the 1 to 100 system. Our risk of ruin is 5%? I will take that 5 % risk to make a nice run any day

[VeggieDog]

Damn, why didn't I think of this? They're just giving money away!

[indio]

Hy,I am thing on a strategy, please help my mind flow a bit.

Lets say starting bet is 1 dollars, table limit is 100 dollars. We bet on red/black, until it comes.

We us martingle levels:
1) 50% chance, 1 dollars
2) 25% chance, 2 dollars
3) 12,5 % chance, 4 dollars
4) 6,25 % chance, 8 dollars
5) 3,125 % chance, 16 dollars
6) 1,5625 % chance, 32 dollars
7) 0,78125 % chance, 64 dollars

That means we fail 0,78 times out of a hundred times.
But 100 times x 1 is 100 .
Fail level 100 x 0,78 is 78.

That means over 100 times our margins should be 22,factor in a loss of 127, that means 127-122 is 5 . (that is the casino edge).

If this happens:Now we use bigger level of 5 dollars a bet limit 500 until we get our loss back in the 1 to 100 system. Our risk of ruin is 5%? I will take that 5 % risk to make a nice run any day

I hope this is a level, because if you're being sincere, I have great concerns if you plan to procreate.

You should at least get your basic math correct if you're going to post such nonsense. You'll never be a 50% chance to win on red or black. Assuming you're at least smart enough to be playing a European roulette wheel with only 1 zero, your chance of winning on red or black is 48.65%. This will make the chances of going 0 for 7 .009414 or 0.94% Now, every time you don't go 0 for 7, you win $1, every time you do go 0 for 7, you lose $127. It's incredibly difficult to know how much you'll make if you can go 120 spins without a single 0 for 7 streak because of the factors involved, but we know for sure it's less than $120. We know that the chances of going 120 spins without a single 0 for 7 streak is only 57.96%. Hence, not only is this a negative equity prop (as playing any house edge game relying on nothing but chance always is), but it's also a complete waste of time.

[5918mike]

Spend some time doing it for play money first, you'll soon see how many times 0 for 7 happens and you lose your money.