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We didnot play with our own money, but with the coupons on the back of the cinema tickets. But even so, we should have made slightly less than 300 a month, but
by dageroth 16y ago
We didnot play with our own money, but with the coupons on the back of the cinema tickets. But even so, we should have made slightly less than 300 a month, but we did a slightly more on average.
We did not really have an optimal betting strategy, at least nothing that can be proven scientifically, there is no such thing. But after some time we started to bet on the wheel, e.g. "Voisins du zero" or "Jeu zero" and we knew all the croupiers and some of them had an unbelievable regular way of running the ball and spinning the wheel and the ball would thus drop in a slightly more predictable area of the wheel - at least when it hit one of the bumpers and would then drop into the wheel. So we waited with our bet until our favourite croupier would throw the ball from a place, where we felt it should land close to the zero and call a zero game.
Naturally that did not always work and we'd have losing streaks of even two weeks where we went home without any money at all, but once a month or so we'd go out with over a hundredfifty euros. On average we did slightly better than expected (400 were admittedly the better months, sometimes it was a little less than three hundred), but we remained ahead even after a long time, so my guess is we were either lucky or the idea of predicting according to the croupiers regularity worked. We had the feeling it worked on two of the ten croupiers the others threw less regular.
Anyway it was definitely more fun than just whitewashing the chips. (One was not allowed to immediately exchange the "lucky" chips one would get for the coupons for money.)
- settrans 16y ago> We did not really have an optimal betting strategy, at least nothing that can be proven scientifically, there is no such thing. Ah, but there is. http://en.wikipedia.org/wiki/Kelly_criterion http://en.wikipedia.org/wiki/Kelly_criterion
- zb 16y agoThe optimal (Kelly) strategy for Roulette is not to play. It even says so on that wiki page.
- rollthedice 16y agoOne of the nearby casinos offers me $100 match play fairly often, which is a little certificate that I put $100 of my own money on top of. Let's say I bet black, if it lands red, I lose $100, if it lands black, I win $200, if it lands on zero, I lose $50, and have the opportunity to try again. 18/38 times I lose $100. 18/38 times I win $200. 2/38 times I lose $50, and get to try again. Without doing the math, I believe that puts the value of the cert around $47.
- rfrey 16y agoThe Kelly criterion is a money management strategy to maximize profit given a positive expectation, which roulette does not have and cannot.
- jdp23 16y agoWell done! This is the no-tech version of what the shoe computers were trying to do ... with a lot fewer shocks :-)