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Thread: More efficient ways in Roulette Betting Strategies

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  1. 17/05/2010 14:43 #1
    BigPlayer
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    Lightbulb More efficient ways in Roulette Betting Strategies

    Try betting on, even or odd, red or black, high or low. By this consider yourself of having a close to 50/50 likelihood of winning. Though the payout maybe fewer than big shots, but your chances are way too superior.

    Acknowledge why prospect betting strategies never work for roulette. Given that every spin of the wheel is an autonomous trial with an upshot that is not preconditioned on the preceding result, there is an equivalent likelihood that any figure or color will arise.

    If you always believe that a roulette betting strategy is betting red, for instance, will put on the forefront, you are misguided. Even you have a black that comes up 100 times in a row; the fact is there is always a chance that that red or black will crop up on the subsequent spin.
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  2. 17/05/2010 19:02 #2
    Gibber
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    You can't say it is more efficient, the HE is exactly the same no matter what you bet on, the only thing that changes is your variance.
    For minimising variance however (for a bonus for example) I would normally bet on red and even.
    Very true every spin is entirely independent from the last, B,B,B,B has the same chance as R,B,R,B.
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  3. 17/05/2010 19:54 #3
    Landprofits
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    Quote Originally Posted by Gibber View Post
    Very true every spin is entirely independent from the last, B,B,B,B has the same chance as R,B,R,B.
    Yup. It amazes me how often gambler fallacy crops up on betting forums. I was trying to explain to a friend the other day why it makes no difference if you have already hit 9 reds, the result of the next spin is still 50/50 red or black. He went on to say that, because you had already hit 9 reds, you have to hit a black sooner or later, so "surely it is more likely on the next spin".

    I tried and failed to explain why this thinking was flawed by demonstrating a probability example where each of the nine spins was given a value of "1", thus being absolute, and the tenth spin being given a value of 0.5, thus showing that the chances of hitting a red or black on the tenth spin were 50%.

    It still didn;t get through. So I thought for a moment and then put it like this;

    "Look, before you start your ten spins, it is highly unlikely that you will spin 10 reds in a row. But, let's say you have a run of freak results and you hit 9 reds in a row. Since the next spin is a 50/50 shot whether it hits red or black - it is now highly likely that you could quite possibly hit that 10th spin, thus hitting 10 reds in a row - a 50/50 chance as a matter of fact".

    You know what - I think the penny kind of dropped......
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  4. 20/05/2010 00:00 #4
    Grandthrax
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    I personally think that psychologically more people bet on red than black. So if i was a dodgy casino I'd make sure black came up more.

    Although saying that I still always bet on red...
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  5. 20/05/2010 09:41 #5
    Landprofits
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    Quote Originally Posted by Grandthrax View Post
    I personally think that psychologically more people bet on red than black. So if i was a dodgy casino I'd make sure black came up more.

    Although saying that I still always bet on red...
    So do I. I am convinced the ball has to be more attracted to red than black, never mind what the undisputable laws of mathematics say.

    Having said that, if you always bet on red, it removes the need to make a decision - just choose the colour that you will always bet on and have done with it.

    I say this, still with the caveat for anyone reading that it makes no difference.
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