Roulette System Wins
$96,000 for Students
7 College Students Get System To Beat Roulette
Wheel Win $96,000
RENO, NEVADA, June 14 - Officials at Harold's Casino
said a group of 7 college students from a University devised a roulette system
that has one $96,000. General Manager of the gambling club, Raymond Smith, said
the students started working out their system for roulette on the first day of
June. They manned the roulette wheel at the casino around the clock in 6-hour
shifts. They wrote down the winning numbers from the roulette table for several
days before betting. The youths varied the roulette numbers they bet on but the
biggest bets were placed on six, eight, nine, ten, twenty, twenty-seven,
thirty-two and thirty-four. A $25 bet on a single number was their maximum
amount. Smith said it was against the casino's policy to name the gambling
winners. He also said the roulette wheel involved lost a total of $120,000. The
college student's roulette strategy was so successful that the casino employees
removed the roulette wheel for inspection, thinking it must have a mechanical
defect. But a check showed no faults in the precision of the wheel. Smith joked
how wonderful college education can be for young people.
Here is an interesting paper titled:
Predicting the outcome of roulette that
demonstrates that even a very slight slant in the roulette table can lead to a
very pronounced bias which could be further exploited to substantially enhance
returns. The first system relies only on a mechanical count of rotation of the
ball and the wheel to measure the relevant parameters. By applying
to a standard casino-grade European roulette wheel, we demonstrate an expected
return of at least 18%, well above the −2.7% expected of a random bet. With a
more sophisticated, albeit more intrusive,
roulette system (mounting a digital camera above the wheel), we demonstrate a
range of systematic and statistically significant biases which can be exploited
to provide an improved guess of the outcome.
We all heard of the Martingale roulette system, where you
double your bet every time you
lose until you win, in order to make 1 unit profit on any
bet. This roulette system strategy would work if you had an unlimited
bankroll and if the table had
no maximum betting limits. But we all know that in
reality this is not the
case at all.
Imagine you start betting with one unit and you encounter
a streak of 8
consecutive losses. Your bets would be 1, 2, 4, 8, 16,
32, 64, 128, 256. You
would have placed a total of 512 units on the table and
still haven't won yet.
Your next bet requires you to wager 512 units, where if
you win you will make
only 1 unit profit and if you lose, your loss will be a
devastating 1023 units.
At this stage you would probably give up, as you either
have exhausted your
bankroll and/or the table will not allow you to bet 1026
units. It would also
be totally unreasonable to risk 2048 units for 1 unit of
profit. And the
chances of winning are slightly less than 50% at every
bet. The fact that Red
and Black didn't show up for 10 times does not mean that
it's due to show up on
the 11th time, because the probability of its showing up
on the next bet is
exactly the same as the previous bet: about 50%.
We all see some streaks of Reds or Blacks (in Roulette),
Pass-Line bets or Don't
Pass-Line bets (in the game of Craps), Player or Banker
(Baccarat), where the same outcome
repeats sometimes over 2, 3, 4 and even a bit more rarely
7, 8, 9 times. The
longest streak of Red showing up consecutively recorded
in history was 32 times
in a row in a casino in Brazil. Imagine the losses of
whoever was using
before they started betting on it.
I have personally seen Black showing up 16 times in row.
And I see either Black
or Red showing up 6, 7 times consecutively much more
often. This is very
obvious if you observe Roulette scoreboards.
Winning Parlays will take advantage of those occurrences.
The Martingale strategy seems to
be a pretty bad strategy when this happens. It's also
nerve wracking and
dangerous for your blood pressure. We will use exactly
the opposite of the
Martingale approach. With Martingale, you make a profit
of only 1 unit profit
at a time with the risk of escalating losses. With
Winning Parlays you will
risk only 1 unit at a time with escalating winnings. You
can apply the concept
of reverse strategies every time you see that something
is not working too well
will work much better indeed.
This roulette system is appropriate for any even-money betting.
Red, Black, Even, Odd,
High, Low at Roulette; Pass, Don't Pass line bets at
Craps; or Banker, Player