Roulette is a tough game to win regularly. It's a lot of fun and you can play for awhile (if you know what you're doing), but overall it's going to be tough to make a living playing it.
2007-03-19 17:30:05
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answer #1
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answered by Anonymous
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In the long run, for every 1000 dollars you bet, you should lose about $52.60. There is no way to beat the odds. Every single bet you make carries a 5.26% house edge.
To understand that, look at it this way. There are 38 numbers so in the long run, each number should come up as often as the others. So let's assume in 38 rolls, the numbers 1-36 and 0 and 00 all come up once.
Bet 10 dollars on number 1. After 38 rolls, 37 times you will lose 10 dollars which equals -$370. One time you will win $350. So at the end of 38 rolls, you risked $380 dollars, and you are down $20. 20/380 = ???
you guessed it --- -5.26% house edge
Same odds for picking two numbers, three numbers, 4 numbers, 6 numbers, any column, any group
all bets are a 5.26% house edge
So if you scored big --- take the money in run .... the only way it can be sustained is if you are the luckiest person in the world
2007-03-19 20:08:50
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answer #2
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answered by Bill F 6
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First of all, forget regular income. Currency trading is a volatile business. So much so that about 15% of traders exit every year (translation: the average trader lasts about four years). Now on to your questions: 1. The best school to go to is a PhD program in statistics with emphasis on time-series analysis. 2. CSFB/Tremont tracks about 30 hedge funds that invest in managed futures (including currency futures). On average, these funds made 6.50% a year with standard deviation of 12.00% between 1993 and today (S&P 500 returned 10.38% a year with standard deviation of 14.57% during the same period). The good news is that correlation with the stock market is negative, so stock investors can profitably diversify into managed futures... 3. Daily time investment depends on how much you can automate your trading. It can be zero if you can write software that will trade for you.
2016-03-29 06:50:51
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answer #3
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answered by Anonymous
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Roulette has a house edge of 5.26%. It doesn't matter how good your system is if the game is truly 'fair' and random, the house edge will get you every time.
If it were possible to consistently beat the house at roulette they would change the rules.
2007-03-19 18:27:59
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answer #4
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answered by ZCT 7
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honestly i made RM3560 in genting casino. went there 5 times with 5 wins despite the last visit was a small 115 win.
I followed this strategy i found in the web. Simply say, it works
2007-03-20 02:07:07
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answer #5
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answered by athleticos78 1
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Please be careful of anyone selling a system online; Through systems that don't work, I have spent about $3000 on systems, and lost a similar ammount trying to play them. This roulettebuster obviously is done by an internet marketer, and not a professional gambler.
2007-03-20 04:06:53
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answer #6
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answered by slywakka250 1
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Don't listen to everyones advertisements, just join Cash Crate, check out their forums, and call it a day, its prolly the only site out there that's worth your time. While you won't make a fortune, its good for some extra spending money:
http://www.cashcrate.web-freebies.com/
Good-luck!
2007-03-22 16:29:26
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answer #7
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answered by Anonymous
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you can, if you bet big and TAKE your winnings - know when to go and you can
cover your bets and always bet on zero with a couple of dollars at least because everyone leaves that out of the equation and loses
2007-03-19 18:13:59
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answer #8
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answered by california_fiona 1
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http://www.***************************
2007-03-23 14:13:24
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answer #9
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answered by tomthumbandforefinger 1
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