Fruit Machine Chat

Am I in the right place to discuss the roulette machines at the bookies?

If so, would anyone like to share their experiences. I have been doing well with the martingale system circling 5 bookies and taking £10 profit from each 3 times a day. Longest run on red so far has been 7.

Just lucky so far, I guess.

timonaghan@lineone.net

http://www.telecomplus.org.uk/oinkmoney
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I had 14 winning days in a row once. But once you start chasing you are lost. Must be about -£250k by now. Our most famous member has probably lsot much more than me on the devils wheel. Plenty of discussion on here before.

You have been lucky.

I have lost thousands also managed to lose £200 on it today.

Who is our most famous member H2? Are we talking Fruitchat or Reading FC?

<<Interlude (best ignored)>>
Anyway, Ocean, five boyz man, flava feckin' 'eck! Whack this skill continue level one for us I've been smoking....ten boyz man....Jan.....JAN!......Dannys been messing with this again......feckin' 'eck....I've done a 1'er and it's not given the streak yet.......ten boyz man......faster.......ten boyz.......foookin' 'eck.........
<<Interlude Finish>>

Yes you have been lucky Mr. Ocean69. You have to ask yourself how much you are prepared to double up.

Assuming you stake £1 and are prepared to double to £64, before your even money bet will get capped at £100 in line with B2 regulations.

£1 win = £1 profit
£1 lose, £2 win = £1 profit
£1 lose, £2 lose, £4 win = £1 profit
£1 lose, £2 lose, £4 lose, £8 win = £1 profit
£1 lose, £2, lose, £4 lose, £8 lose, £16 win = £1 profit
£1 lose, £2 lose, £4 lose, £8 lose, £16 lose, £32 win= £1 profit

<<Interlude (definitely ignore this)>>

One man went to mow, went to mow a meadow, one man went to mow went to mow....ok bored of that.

<<Interlude finished>>

£1 lose, £2 lose, £4 lose, £8 lose, £16 lose, £32 lose, £64 win= £1 profit.
£1 lose, £2 lose, £4 lose, £8 lose, £16 lose, £32 lose, £64 lose = £127 loss (AND an urge to gamble more unless you are a 100% recreational gambler).

So in every 128 attempts to win £1, you will win £1 127 times and then lose £127 once. On average.

WHOOOOOOOOOOPS! I forgot about the number zero. The mouse advantage it's called. I don't know why they call it this, but I think it has something to do with mouldy cheese, hence the colour green. We're looking at the odds from a Betfair zero roulette perspective.
If your odds were exactly 0.5 of getting red/black then hurrah, you can gamble for free. Alas, the odds are slightly higher than that for correctly picking red/black, so your £127 loss comes around slightly more often.

Every £100 you stake will result in you losing £2.80 I think. On average.

So you've been lucky. £10 profit in five bookies.

Well that's 50 spins of the wheel, you'll get that 7 number losing run every

(19[that's zero plus 18 losing colours,odds,1-18s etc]/37) to the power of 7 which works out at......blah blah....do a reciprical wotsit to the resulting decimal....blarpety bloop....beeep.....calculating....
yep
About 1 in every 106 attempts you'll get shafted on your European wheel/one zero wheel.

Then we can float about in fields of variance.

You'd expect to get shafted every other day if you were going for £50 profit. Slightly less, you'd get the odd extra winning day to compensate.

Putting it qualitatively, you'd be staking MORE for the privilege of getting that £50 win. The more you stake on roulette, the more you stand to lose. The perfect roulette strategy is not to play roulette. Ever. The only exception is if you have some means of narrowing down where the ball will fall. This means a phD in physics or out and out fraud. Ask Anfield, I bet he's got some wi-fi interception technique on the go.
Other than that you're fooked.
I'm having to move on now, spent too much time writing this, so in summary if you simply have to bet on roulette and want to aim for £50 profit, stick £50 on red/black. It's the quickest way.
Alas the recreation value is vastly negated. It's all over in about a minute. Great if you make £50/minute, piss poor if you lose £50 in a minute.

If you've never played roulette much before and you've just tried this and you've just won. OR you're £100,000 down on roulette and you've just tried this and won. Give up now. Quit.


Edit: I've just reread your post. 5 bookies*3/day*£10 profit from each = +£150. My bad. You say you had a 7 run of red, I presume 7 losing, so you'd go from £64 to £100, thereby losing £27 overall when the colour came in.

Doesn't say how many days you've been winning. More than three days and you've really flirted with variance. Maybe not as much as I make out.

Anyone want to take the baton and talk about poisson bell shaped wotsits? standard deviations, bloopety whoopetys? Anyone?