Does anyone play Roulette online

The_Kew_Tour

And if so do you make profit?

And any tips on it..

I have won small money on the betfair one by just doing re/black doubling up when done win first time and so on and go back to original stake when I do. Make little profits most the time..

JONJO THE MISER

Whatever you dont play Roulette online or in the real world for that matter.

The_Kew_Tour

JONJO THE MISER wrote: »

Whatever you dont play Roulette online or in the real world for that matter.

Ya now what your saying, im just curious if people play it with much success..

I know my luck prob run out

Dailynaps

You'll never make money playing it but if you must play in the zero lounge on Betfair, they have no zero on the wheel so you'll break even in the long run. Never use a progressive staking pattern such as the Martingale or you'll go bankrupt.

Penguino

Don't do it.

You will eventually get caught and loose a large amount.

Doyler92

Dailynaps wrote: »

You'll never make money playing it but if you must play in the zero lounge on Betfair, they have no zero on the wheel so you'll break even in the long run. Never use a progressive staking pattern such as the Martingale or you'll go bankrupt.

I have given up on roulette but I'm just wondering how the martingale system can be broken. Obviously it's beatable if you don't have much cash to start off but if you have huge sums of cash would it not work? Is this not possible due to table limits or is there another reason?

I'm not contradictions you in any way I'm just wondering your reasoning

Mellor

Roulette is a losing game, not the martingale system

The martingale systems doesn't change the EV of bets, roulette bets are -EV, so using the martingale for roulette is still -EV

If you were to martingale +EV bets, they'd still be +EV and it would be a winning system

AstonMartin

If only the young would learn from our mistakes.

its called invincible roulette for a reason.

take your profit and never look back.

The_Kew_Tour

Well guy I am taking your advice and took my profit while I was on top I dont think ye can be all wrong.

Thanks for the advice

AstonMartin

Good man.

every so often someone comes along with a systen to beat roulette.

not the best at the ol maths and they think they hit on something that the hundreds of thousands before them have missed.

lukky

nooo, do not play roulette on line. please dont do it.

Brussels Sprout

Doyler92 wrote: »

I have given up on roulette but I'm just wondering how the martingale system can be broken. Obviously it's beatable if you don't have much cash to start off but if you have huge sums of cash would it not work? Is this not possible due to table limits or is there another reason?

I'm not contradictions you in any way I'm just wondering your reasoning

Yes it's the table limits that will get you in the end. Of course you could keep moving up to higher and higher limit tables. However what would happen is either you'd hit the top limit or you'd go bust.

If there were no table limits and you had an infinite bankroll then this would be +EV

Doyler92

Brussels Sprout wrote: »

Yes it's the table limits that will get you in the end. Of course you could keep moving up to higher and higher limit tables. However what would happen is either you'd hit the top limit or you'd go bust.

If there were no table limits and you had an infinite bankroll then this would be +EV

Now I see. Thanks for that.

And can someone please explain in easy terms what +EV and -EV is.

Brussels Sprout

Doyler92 wrote: »

Now I see. Thanks for that.

And can someone please explain in easy terms what +EV and -EV is.

EV stands for Expected Value.

Let's say that a person offers you a wager. They say that they will flip a coin. If it lands on heads then they will pay you 1 euro, but if it lands on tails then you have to pay them 90c.

To find the expected value we must sum the results from all of the different outcomes. In this simple example there is only two outcomes. Either the coin lands on heads or it lands on tails. If it lands on heads then we gain 1 euro. If it lands on tails we lose 90c.

Therefore EV=+1-0.90=+0.10

Therefore (and this is the important bit) in the long run we stand to win 10c for every flip.

This is an example of a +EV proposition


As a counter example: The same person suggests that we roll a dice. Each time we roll a six then they pay us 4 euro. Each time we roll a different number we pay them a euro. Here's the EV calculation for this proposition:

E.V.= Outcome when we roll a 1 + Outcome when we roll a 2 + Outcome when we roll a 3 + Outcome when we roll a 4 + Outcome when we roll a 5 + Outcome when we roll a 6

E.V.= -1 - 1 -1 - 1 -1 + 4 = -5 + 4 = -1

Therefore in the long run every time we roll the dice we will lose a euro. This is therefore a bad proposition (or -EV)


For roulette it's a small bit more complicated but it is also -EV.

In fact every single game in a casino that you play against the house is -EV. The games are designed that way. The only reason people win on certain occasions is due to short term luck.

Doyler92

Thanks for the Brussels Sprout. I vaguely understand but can't get my head around it fully.

I have heard before about casino games being designed that way though.

Browney7

The_Kew_Tour wrote: »

And if so do you make profit?

And any tips on it..

I have won small money on the betfair one by just doing re/black doubling up when done win first time and so on and go back to original stake when I do. Make little profits most the time..

Was in Vegas before and was looking at a Roulette wheel. The last 12 spins were all Black. There was thousands on Red. There were people running to the ATM getting money out left right and centre. The red square was actually full of chips. Black was the result again.

If you were to use the Martingale on Roulette you'd lose your bo11ix. A euro a spin and 7 spins not in your favour and you'd be risking 64 quid to win one. You'll eventually go bankrupt.

AstonMartin

Its also not as sexy as it seems in the movies with the gorgeous babe hanging off the designer suit.

its degenerates blowing their dole money and students at 3am losing their last e50 because everyone else knows better or dont go to casinos in the first place.

mixed up

I remember watching the crime and investigation channel and seen a guy who beat roulette can't find any videos online but found this http://en.wikipedia.org/wiki/Joseph_Jagger

AstonMartin

mixed up wrote: »

I remember watching the crime and investigation channel and seen a guy who beat roulette can't find any videos online but found this http://en.wikipedia.org/wiki/Joseph_Jagger

some lad finding a dodgy roulette wheel 200 years ago will not help the op take paddy power for all the money.

mixed up

AstonMartin wrote: »

some lad finding a dodgy roulette wheel 200 years ago will not help the op take paddy power for all the money.

I'm sorry i seem to have missed the part where i said it would :rolleyes:

yaaaboy

i learned the hard way with an "unbeatable" system, was making hundreds until...i got about 28 red hits in a row.

living in england at the moment and all the bookies over here are full of roulette machines and from the time they open in the morning until they close at night people are throwing money into them, shouting at each other thinking their seeing patterns etc... my friend is the manager of a hills over here and he says the profit they make on the machines is about treble what they make on regular gambling!
They are trying their hardest to get them into Ireland but they arent allowed, i did notice the last time i was home that boyles have a sneaky roulette screen in some shops and you can bet on special roulette slips but lets hope it never catches onits a dangerous game.