|
|
#1
10-04-2005, 02:17 PM
|
|||
|
|||
Probability question?
I made a post in the other gambling forum
I was wondering if any of you number guys are bored and want to take a look and may be throw some numbers around on how bad of an idea this betting stragey is for Roulette. Yes I know any stragey for Roulette is a bad one, but this is just for fun. [img]/images/graemlins/grin.gif[/img] link 
|
|
#2
10-04-2005, 03:25 PM
|
|||
|
|||
|
Re: Probability question?
[ QUOTE ]
What's the risk of ruin? [/ QUOTE ] If your risk of losing one spin is 7/37, then your risk of losing two in a row is 7/37 of 7/37. In other words, you will lose two in a row 7/37ths of the times you lose one. Consequently, you will only lose 7 in a row 7/37 X 7/37 seven times... or (7/37)^7. I got, like, 8.6 in a million or 1 in 115,000. Any math professors agree? It looks like it is less risky than say, trying to double up blackjak losses.
|
|
#4
10-04-2005, 03:56 PM
|
|||
|
|||
|
Re: Probability question?
[ QUOTE ]
Wow I expected worse. [/ QUOTE ] It is worse. You'll often stay at the same level for a few spins while you break even by hitting 1 to 18. In other words you don't need to lose 7 consecutive spins, you just need to lose 7 before hitting on 3rd 12. You are a 12/7 favorite to hit the 3rd 12 before losing on each spin, so you'll lose and move up a level 7/19. The chances of you losing 7 times before winning is 1 in 1085.
|
 |
|
|
Linear Mode
