Is this a WINNING las vegas gambling roulette strategy???? I THINK THAT IT ACTUALLY WORKS!!!!!?

Question

Would this strategy actually work?

you bet 1.
if you lose, you bet 2, if you win, you bet 1 again.

if you bet 2 and lose, you bet 4, then if you lose that, you bet 8, then 16, then 32 ect.

whenever you win, you bet 1 the next round.

so lets say you had 1,000 bucks. you bet 1 and lose, 999

you bet 2 and lose 997

then you bet 4 and lose 993

then you bet 8 and win and then have 1001, then it starts over again.

would this work???

Answer 1

Research the Martingale System. It's been around forever (no, you're not actually the first to think of this) and casinos love people who employ it!

True, using this system will improve your likelihood of leaving with more than you came with on MOST every occasion, however the drawback is you'll find yourself risking far too much money (perhaps your entire bankroll) for a tiny (one bet) reward.

And then... eventually... you will in fact lose everything when you can't cover another bet to attempt to recover your losses during an extended losing streak.

http://en.wikipedia.org/wiki/Martingale_(betting_system)

Answer 2

Run down the progression...
$5, 10, 20, 40, 80, 160, 320, 640, oh wait, you ran our of money for the $640 bet. That's only seven bets in a row, and you've lost almost your entire $1000 bankroll. Now do me a favor. Go get a quarter and start flipping it. Tell me how long before you hit heads 7 times in a row. I bet it'll be in less than an hour, and there's no house edge when you're flipping a coin.

Trust me if, it worked, there'd be a lot more millionaires in Vegas, and a lot less casinos. All casino table games are streaky, and that's a large part of why casino's win. I've seen the exact same number hit 5 times in a row on a roulette table. Hitting black 7 in a row is a piece of cake.

Answer 3

NO IT DOES NOT WORK..Way back in the days, I was attracted to gambling...I was not wise nor smart and came across this system in roulette...

So I actually thought it would work...I deposited $200 and got another $200 free..I began trying this...In my first couple of days I was up $100...I thought I had out smarted the game of roulette..I was wrong...I lost 1,2,3...4....5....6.....7 bets in a row..

I ended up losing everything.....The outcome of one result does not affect the next outcome....

I remember one time reading about the event during a casino, the roulette was constantly landing on red....It landed on it more than 40 times,,it broke records...People started betting on black because they thought it was due to land...It didnt land on black til the 50th....The casino made tons of money...

Answer 4

Bigslick is right. It's a Martingale, and it's been around for a couple of hundred years, and the casinos love it.

There is one other fact against you. The casinos set a minimum and maximum at each table. Eventually, you will hit a losing streak where you won't be allowed to double the previous bet.

Answer 5

Sorry but your logic does not make any sense. Your best bet is to through your money out of the cab when you arrive in Vegas, because that is what will end up happening if you gamble, you will be throwing your money away, especially with your gambling logic. How do you think they built all those casinos and keep them running - on gamblers $$.

Answer 6

No. The odds are in the houses favor, and they have a bigger bank than you. The only way you can guarantee a win is if you have a bigger bank than them, which I am guessing you don't

Answer 7

you're basing that on the fact that at some point you will win. You could just keep picking the wrong one... over and over and over again. Its called bad luck - so - NO its not foolproof!