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-   -   Negative Progression roulette (http://archives2.twoplustwo.com/showthread.php?t=219926)

junkmail3 03-25-2005 03:45 PM

Re: Negative Progression roulette
 
This is impossible. As you approach infinity with the number of spins, the distribution of black v. red v. green will become more statistically accurate to it's true statistical distribution. So, you will have wins intelaced there. And with the infinite bankroll, there is no fear of ever busting. So, sure, you could have infinite losses, but you still have one more roll to try to win. And if you lose, one more.

Basic point. This system works for what I have described. No one uses it and wins long term with it, because no one can meet the specifications.

Nothing I have said before is openly disputed. Anywhere you read about the martingle system you will read things similar to what I have written.

The Goober 03-25-2005 06:04 PM

Re: Negative Progression roulette
 
go here

I remember when I first came up with the martingale system too, and I felt pretty smart for a while.

Making a long-term profit off a -EV game is like violating the law of conservation of mass-energy, it just won't happen no matter how hard you try.

valenzuela 03-25-2005 06:24 PM

Re: Negative Progression roulette
 
And yet again youre wrong...if red has come 56 times on a row...there is a 48% red will fall again.

bholdr 03-25-2005 08:40 PM

You CANNOT beat roulette, buuut....
 
...you can eliminate the house advantage, that is, make it an even money game, at least according to mike caro and his computers: linky

it sounds like BS, but i believe it's been tested and proven a few times. NO MORE HA? . [img]/images/graemlins/grin.gif[/img]

radek2166 03-25-2005 09:42 PM

Re: Negative Progression roulette
 
[ QUOTE ]
He's talking about the Martingle system. (At least I'm pretty sure.)

This is a fine system, if you have unlimited funds, with unlimited wagering ability. If you hit a streak of 11 misses in a row, which isn't too crazy to think of happening, then ... frankly, you're [censored].

And many casinos have limits on bets.

So, basically, your system has you double your bet each time until you win, then you're up one initial bet. Let's use your system ($200 bet with a $20,000 bankroll (100x$200)

Assume you lose each roll (for the sake of 'bad luck'):
Bet 1: $200 Total down: $200
Bet 2: $400 Total down: $600
Bet 3: $800 Total down: $1400
Bet 4: $1600 Total down: $3000
Bet 5: $3200 Total down: $6200
Bet 6: $6400 Total down: $13000
Bet 7: $12800 Total down: $25800

You can only spin the wheel 6 times until you don't have enough money for the next bet to bring you back up to even.

6 rolls ... could it really land on one color that many times in a row? Well ... why not?

Edit: millions --> unlimited

[/ QUOTE ]

I was playing poker somewhere in Vegas the other night. Guys bitching and moaning about the wheel. 13 blacks in a row. The wheel [censored] him!

Skipbidder 03-26-2005 12:08 AM

Re: Negative Progression roulette
 
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
He's talking about the Martingle system. (At least I'm pretty sure.)

This is a fine system, if you have millions.

[/ QUOTE ]

No. It is not a fine system if you have millions. There is no betting system that can turn a negative expectation bet into a positive expectation bet.

[/ QUOTE ]

I changed my post to say unlimited funds with unlimited wagering ablility.

[/ QUOTE ]

Whatever. Okay. The system is great for those people who have an infinite amount of money and also are playing roulette at some place that will book billion dollar bets. Much better than just admitting that you were wrong. Woohoo. There is no betting system by which you can turn a negative expectation bet into a positive expectation bet. Lather, rinse, repeat.

bholdr 03-26-2005 02:46 AM

Re: Negative Progression roulette
 
odds of losing 13 bets in a row: 1 in 2048. you'd need a 1.6mil roll to be able to absorb a 1 in 2k event. that's risking 1.6m to win 200$x2000 plays, or400k. you're taking like 4 to 1 the worst of it with this sysytem, and that doesn't count the green 0 and 00.

excuse my drunk math, please.

TStoneMBD 03-26-2005 01:08 PM

Re: Negative Progression roulette
 
would i be correct in saying that if you bet $1 every time, and made a profit of $2048 after an extended period of time, that the law of averages would dictate that you would in turn lose $2048 consecutively by using the martingale system, cancelling out all profits and totally discreditting the martingale system?

valenzuela 03-26-2005 01:40 PM

Re: Negative Progression roulette
 
I cant believe this thread now has 18 posts.

radek2166 03-26-2005 10:50 PM

Re: You CANNOT beat roulette, buuut....
 
[ QUOTE ]
...you can eliminate the house advantage, that is, make it an even money game, at least according to mike caro and his computers: linky



it sounds like BS, but i believe it's been tested and proven a few times. NO MORE HA? . [img]/images/graemlins/grin.gif[/img]

[/ QUOTE ]

Could u please explain this to me lik e I am a 3 year old?

esp thiss part.

[ QUOTE ]
Finally, you need to be very disciplined in excluding the number 30 and the group of consecutive numbers that begins with 11 and continues clockwise through and including 14.


[/ QUOTE ]

Thanks


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