Casinos have an edge and they make money, FACT. Players bet on Roulette and the game has a built in edge in the casinos favour. The player wins or loses on individual bets, but the casino is looking at the odds over the LONG term.
It's a bit like the way the insurance companies calculate insurance premiums, they lose sometimes, but they have an edge in their favour where premiums collected are more than their payouts.
Many players try to beat roulette by buying a "sure fire" roulette system for money. These systems promise consistent gains and to make the buyer rich and beat roulette consistently. Of course, the reality does not match the hype and these systems are ALL doomed to failure.
You can beat roulette, but it does not involve buying a system, more of that later. For now, lets look at why a mathematical roulette system cannot work.
Roulette Systems
In roulette, each spin of the roulette wheel is totally random. Let's say that the colour red has come up twice in succession. The odds of this number coming up on the next spin are no greater or worse than if the number had not come up in 100, 500 or 1,000 spins previous spins, the odds still remain 50% - 50%.
All spins of the roulette wheel are independent of each other and totally unrelated to the previous spin history. As the outcome of the spin is unrelated to any other, roulette is a game of pure chance.
A mathematical system in roulette that promises consistent gains is a contradiction in terms, because if you have no reliable historical data, mathematical formulas are useless.
Therefore, Individual bets even out over the long term and the casino earns according to the following equation:
Casino Profit = (Total Bets All Players) x (House Edge)
The House Edge
Roulette balls and dice have no memory. Every spin in roulette is independent of all past events and the current spin is not influenced by previous spins. This combined with the house edge dooms all roulette systems to failure.
Roulette systems cannot work, as there is no reliable data to base a system on in the first place. If you don't have data you rely on, you can't have a system that works!
Over time, the longer you play, the ratio of money lost to money bet will get closer to the house edge. If you win in the short or long term, it is purely down to chance, or luck.
Roulette Systems - Progression Systems
Progression systems are based on the belief that this equation can be beaten. It is an attempt to ignore the truth and tries to place bets according to a set equation in an attempt to change the house edge in favour of the player. There are two main types of progression roulette systems:
Negative Progression
A system where wagers are raised after a losing bet is called a negative progression. The logic behind this type of betting system is the frequency of winning sessions. Browse the best online casino gambling guide on the net, Reviews of highest paying online casinos.
It assumes that in almost every session, the player will be able to leave on a win.
The downside is that loosing sessions can be very expensive for the player. The most famous of these systems is the Martingale system. While a player would lose over time anyway, the casino gives itself some added protection restricting the number of consecutive bets!
Positive Progression
Another method is positive progression, pyramiding, or letting a profit ride.
Players are willing to gamble more aggressively with money they have won in order to win bigger amounts.
The downside of these systems is the player needs to keep winning.
The player needs a long series of wins and the odds are strongly against him, in fact the house edge tells you that he can't win and the longer he plays the more obvious this will become.
The fact they are sometimes playing with winnings is irrelevant over time to their overall profitability.
Winning at Roulette
It is obvious from the above that casinos can't lose over the long term because of the house edge.
The above systems will not work, as there is no reliable data to base them on.
Players can win in the short term, (by chance), but the longer they play the more the casino gains an edge and wins.
To get the house edge down to its lowest level does not require roulette systems, all you need to do is know the right bets and how to place them.
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