Bookmark Website  | Free Registration  | The Team
The Lounge  | Champions  | The Wire |  Schedule |  Audio  |  Arcade  |  The Top Ten  |  Historical  |  Email  |  Video

The Truth About Roulette Systems and How to Win!


The Truth about Roulette Systems and How to Win!
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.

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.

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.

To find out more on how to play roulette and maximise your winnings visit our site: http://www.online-roulette-strategies.com


MORE RESOURCES:

Boston Globe

Christian right, political left unite in opposing casinos
Boston Globe
Politics famously makes strange bedfellows, but this odd coupling is as strange as it gets: On the issue of casino gambling, the liberal left and the Christian right share common ground, united in hoping to keep the gambling industry out of Massachusetts.



New York Times

The Crowded Market for Casino Gambling
New York Times
More than half the population in the Northeast now lives within 25 miles of a casino featuring video lotteries, table games or slot machines, up from about 10 percent a decade ago. As the market grows crowded, many older casinos are declining or going ...
As Casino Business Softens, Atlantic City Promoting Its Non-Gambling ...CBS Local
Lawmakers to consider changing laws to allow casinos outside of Atlantic CityNews 12 New Jersey
Closing of Revel Casino Deals Another Blow to Atlantic CityWall Street Journal
NJ.com -Businessweek
all 480 news articles »


Casino gambling: Any hope has faded
Foster's Daily Democrat
During a recent editorial board meeting, Gov. Maggie Hassan pooh-poohed the notion that the casino industry is in decline and therefore it is a bad bet for New Hampshire to expand casino gambling. The governor brushed aside our challenge by saying she ...

and more »


LegalUSPokerSites.com

Progressive Slots Network Links New Jersey and Nevada Casino Gambling
LegalUSPokerSites.com
The states of Nevada and New Jersey launched the beginnings of a multi-state progressive jackpot network this week. The two states introduced of a cooperative progressive slots network, linking Las Vegas with Atlantic City slots. The multi-state ...



New Jersey Law Journal

Poll finds majority of New Jersey residents still oppose casino gambling ...
Press of Atlantic City
A majority of state residents continue to oppose expanding casino gambling outside of Atlantic City, according to a new poll, although residents are essentially split on adding casinos to the Meadowlands or Monmouth Park.
Garden State majority opposed to casinos outside Atlantic CityNJ TODAY
New Jersey residents unsure on casinos outside Atlantic City gambling meccaWABC-TV
Poll: N.J. residents split on gambling outside Atlantic CityPhilly.com
Burlington County Times -The Star-Ledger
all 138 news articles »


Chalkbeat Colorado

Ballot measure to allow casino gambling at racetracks gets green light
The Denver Post
A measure proposing to legalize casino gambling at the Arapahoe Park racetrack in Aurora received the green light Monday from Colorado Secretary of State Scott Gessler to appear on the November ballot. Based on a random sample of the 136,800 ...
Initiative #135 would legalize casinos at racetracks: Yea or neigh?Westword (blog)

all 8 news articles »


Alabama attorney general candidates trade jabs over casino gambling
The Republic
ORANGE BEACH, Alabama — The Democratic challenger to Attorney General Luther Strange accuses him of being an absentee officeholder more interested in cracking down on bingo than violent crime. Strange says his opponent, Democrat Joe Hubbard, ...

and more »


CBS Local

Baltimore's casino reality [Editorial]
Baltimore Sun
Chad Barnhill is the Senior Vice President and General Manager of Horseshoe Casino Baltimore He gives a tour of the $442-million casino. (Kevin Richardson/Baltimore Sun video). 12:29 p.m. EDT, August 26, 2014. Tonight, Baltimore becomes a casino ...
With the Horseshoe casino, Baltimore adds to the urban gambling jackpotWashington Post
Horseshoe Casino Baltimore now open in MarylandWJLA
Horseshoe Casino Opening TonightWBAL Radio
State Journal -Comcast SportsNet Washington
all 99 news articles »


Casino gambling in Myrtle Beach unlikely, SC politicians say
The State
MYRTLE BEACH — Every few years, you can bet on hearing the renewed debate about casinos possibly coming to the Grand Strand. Those who support casinos say that the facilities would boost tourism to those who are looking to gamble while opponents ...

and more »


Investing in Casino Gambling
Wealth Daily
Anyone who has spent any amount of time at a casino — whether a brick-and-mortar locality or an online gaming site — knows that the odds always favor the house. After all, gaming companies wouldn't be in business for long if they didn't retain an ...

and more »

Google News


Advertisement



Section Site Map - Submit News - Feedback - Comments - Advertise with Us

Copyright 2006 Luminati Inc. All rights reserved.