I wait for a run of 6 (or more) red or black. I walk up, place a bet (say $20) on the opposite color. Most of the time, I win right away. If I lose, I will double down (double my prior bet on the same color, so $40, $80, $160), but no more than three more times. Outside the first time I did this (and chased a $20 with over $600, realized what I did and set my rule!) I've never had to go past three (so 4 bets total)
And that's it. Statically speaking I always have the same slightly less than 50/50 chance of winning (thanks to 0/00 it's not even odds although it pays that way), the prior spins really don't make any difference. Except, when I play this way, I win.Like I said, statistically it shouldn't work. Call it luck I guess.
The downside is you need a busy casino (with busy tables, which is getting harder and harder to find even in Vegas these days) that allows cash or casino chips on outside bets (bets along the outside of the table for color, odd/even, etc) at their roulette tables vs making you buy table chips, which for roulette are specific to the table. You will not get rich playing this way, it's too slow and higher bets risk running into table limits if you start doubling down, but it's an easy way to pay for dinner.
Thanks for explaining - that was the type of thing I thought you were getting at.
Well, I suspect that if you keep good records, you'll soon find that you aren't winning as much as you think you are, but hey, small risk and a bit of enjoyment when you do (as you often will) take home the extra $20. Keeping accurate records will do either of two things - show you are actually winning against the odds, or demonstrated that you in fact are not. But if you are already happy with your understanding of the situation why bother? Obviously any losses that you might actually be taking clearly are not so great that they negatively impact your financial situation, so finding out about them is probably only going to decrease your happiness anyway.
On four spins, the odds of loosing each time are one out of sixteen, and if you do run the whole four bets and lose you are out $20 + $40 + $80 + $160 = $300 (or twice that if you started at $40). If you have really won $3200 net while using this stopping at four loosing bets in a row you really do seem to be leading a charmed life.
I wonder if any casino published lists of roulette results so one could check to see if in fact the colour that comes up after a long run of one colour is still 50/50 or not (OK, 50/52 with the green guys included). Here is a million spins: http://rouletteforum.cc/index....
Anyhow, I'm not going to analyze it.
Wikipedia talks about this type of progressive system: https://en.wikipedia.org/wiki/...