Hello, my name is ali
I have a problem which i need a second opinion on. and its to do with gambling and propability. so sorry if it offends anyone.
Im not usually into gambling as i understood that they made their money out of scamming people who think they can win. But I recently came across a system on roulette that is simple and easy.
I tried it out with 20pounds and got all the way up to 155 untill i got cocky and upped the amount i was betting and lost everything.
Here is how it worked: you place a small bet like 1 quid on red, if you win you switch over to black, if you lose you double the amount you lost. so 1 would become 2 if u win and if you lose 1 you bet 2 and win 4 having only used 3. So basicly doing this you make a pound everytime you win no matter how much you have lost.
The down side is that if you get a chain of 6 of the wrong colour in a row you end up betting huge amounts of money just to gain a quid and this is how i lost out.
So can anyone tell me if this would work with a bit of fine tuning.
Assuming you're playing in some sort of casino, rather than, say, a friend's basement, the simple answer is: no.
The longer answer is: no, your method will not ever guarantee you any winnings.
The even longer answer is: casinos are in business to make money by having you, the player, play games in which you are at a statistical disadvantage, regardless of how you play (with certain rare exceptions like card-counting which are, shall we say, frowned upon). A game like roulette that is truly random is unbeatable in the long run.
See the main thread here:http://www.mathhelpforum.com/math-he...tml#post126262
Originally Posted by bennett211085