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Started By
Message
Tell me if my thoughts on roulette are incorrect
Posted on 6/13/18 at 10:37 am
Posted on 6/13/18 at 10:37 am
So for argument let’s use the $5 minimum for ease. Let’s also say you can/will spend $180.
They have 1-36 plus 0 and 00
This means 38 “opportunities”
If you played $5 on the same number for 36 times($180/5=36 hands you can play) you would have a 94.7% probability to at least win your money back. This obviously would mean that you would win more the “sooner” the number hit. Earlier would be more winnings and later would be less, but the probability that you’ll actually lose money would be only 5.3 probability.
Obviously with probability they always have a chance it can be off because the same number could hit multiple times throwing the “chance” off but the probability would be the same.
They have 1-36 plus 0 and 00
This means 38 “opportunities”
If you played $5 on the same number for 36 times($180/5=36 hands you can play) you would have a 94.7% probability to at least win your money back. This obviously would mean that you would win more the “sooner” the number hit. Earlier would be more winnings and later would be less, but the probability that you’ll actually lose money would be only 5.3 probability.
Obviously with probability they always have a chance it can be off because the same number could hit multiple times throwing the “chance” off but the probability would be the same.
70
Posted on 6/13/18 at 10:37 am to iamAG
quote:
If you played $5 on the same number for 36 times($180/5=36 hands you can play) you would have a 94.7% probability to at least win your money back.
Based on what?
You could have a 0% probability of never hitting the number also.
Posted on 6/13/18 at 10:38 am to iamAG
I always play black or red.
Posted on 6/13/18 at 10:38 am to iamAG
Go give it a test and let us know how that works out for you
Posted on 6/13/18 at 10:38 am to HailToTheChiz
Well the zero percent probability is actually part of the 5.3 chance you don’t hit.
Posted on 6/13/18 at 10:39 am to iamAG
quote:That's not how this works
If you played $5 on the same number for 36 times($180/5=36 hands you can play) you would have a 94.7% probability to at least win your money back.
Posted on 6/13/18 at 10:39 am to iamAG
My rule for roulette is very simple:
Posted on 6/13/18 at 10:39 am to iamAG
all i know is your probability of losing is greater than your probability of winning
Posted on 6/13/18 at 10:39 am to iamAG
That's not how probability works.
Posted on 6/13/18 at 10:39 am to iheartlsu
That’s what I’m asking. Tell me how the probability is wrong.
Posted on 6/13/18 at 10:40 am to iamAG
Looks like you have crunched the numbers. Next phase is to workshop this with the team and then field test with your life savings.
Posted on 6/13/18 at 10:40 am to iamAG
Why not just play a single color with hedges on 0/00
Posted on 6/13/18 at 10:40 am to iamAG
the time it would take to play 36 spins just to win your $180 back would not be worth it
Posted on 6/13/18 at 10:40 am to HailToTheChiz
Roulette pays 35/1 when you hit a number. So a $5 bet gets you back $175. And if you bet every number except 0 and 00 you are betting $180
180-175= $5 you will loose $5 every spin. Im out..
180-175= $5 you will loose $5 every spin. Im out..
Posted on 6/13/18 at 10:41 am to Chinese Bandit
That’s definitely how probability works. My math might be wrong because of the chance the same number can hit multiple times, but that’s what I’m asking.
Posted on 6/13/18 at 10:41 am to Double Oh
36:1
Posted on 6/13/18 at 10:42 am to iamAG
Every single spin is unique, with no relationship to past and future spins...this is what you are not accounting for...
Posted on 6/13/18 at 10:42 am to iamAG
Just put 5 on every number
Posted on 6/13/18 at 10:43 am to iamAG
The house always wins in the end.
That's all you really need to know.
That's all you really need to know.
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