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:

WCVB Boston

Future of casino gambling in SE Mass. the topic at Gaming Commission meeting ...
The Patriot Ledger
... he runs Boston Marathon Monday ... Man exposes self in Norwell parking lot ... Future of casino gambling in SE Mass. the topic at Gaming Commission meeting today ... Future of casino gambling in SE Mass. the topic at Gaming Commission meeting today ...
Gaming Commission alters SE Mass. casino investment threshold, delays other ...Wicked Local Bridgewater
MGM wants Bay State regulators to slow fee collection for casinoLas Vegas Review-Journal
Anti-casino advocate: MGM's license request reflects lack of confidence in ...MassLive.com

all 110 news articles »


VIDEO: No Applicants for Saipan Casino Gambling License, Yet; Deadline to ...
Pacific News Center
VIDEO: No Applicants for Saipan Casino Gambling License, Yet; Deadline to Apply is Monday · Print · E-mail. Last Updated on Thursday, 17 April 2014 17:52 Written by PNC Saipan Correspondent Mark Rabago Thursday, 17 April 2014 17:24. Guam News ...

and more »


What's it take to apply for a NY casino gambling license: money and an ...
Albany Business Review
The state is imposing a tough, thorough and, officials say, transparent vetting process for awarding up to four licenses upstate, including at least one in the Albany/Saratoga region. The rules are understandable considering the lucrative nature of the ...



New Hampshire Business Review

Lure of casino gambling remains fool's gold
New Hampshire Business Review
Far from addressing our long-term fiscal challenges, the adverse financial, social and regulatory consequences of casino gambling would merely exacerbate them. Anybody with even a basic knowledge of finance or the casino industry knows that gambling is ...

and more »


Casino gambling in Florida
Sun-Sentinel
Oops…the big international gambling conglomerates rolled snake eyes this session. It looks like they'll have to contol their appetites for another year while our Legislature gets its act together. Vegas-style gambling will undoubtedly rear its head ...



SFGate

Indian casino gambling revenue growth is slowing, report says
Los Angeles Times
The economy may have dug itself out of the worst recession in a generation, but gamblers apparently are still reluctant to put their money at risk in U.S. Indian casinos. Gambling revenue at tribal casinos slowed in 2012, growing at a slower pace than ...
Alabama Indian casino gambling growth slowsTimes Daily
Report: Oklahoma tribal gambling revenue risesNative Times

all 307 news articles »


Philly.com

More states find bets on casino gambling aren't paying off as hoped
Crain's Cleveland Business (blog)
Thirty-nine states have casino gambling of some kind, up from only two in 1988, and more Las Vegas-style resorts are on the way in New York, Pennsylvania, Massachusetts, and Maryland, the news service reports. “They have saturation problems,” says ...
Local Casinos Are a Losing BetBusinessweek
Revenue growth slowing at Indian casinosFall River Herald News

all 50 news articles »


Capital Beat: Reading the tea leaves on casino gambling (and more)
Concord Monitor
When a bill legalizing a single casino lost by 29 votes in the New Hampshire House two weeks ago, Steve Duprey, a leading anti-casino voice, called the vote a “silver stake” in the heart of casino proposals – a final defeat in a 16-year battle to bring ...

and more »


Newsmakers 3/21/2014: Ernie Almonte, casino gambling in Mass.
Providence Eyewitness News
On the second half of Newsmakers Providence College professor Dr. Patrick Kelly and UMass Dartmouth professor Dr. Clyde Barrow join Tim White and Ted Nesi to discuss the impact of casino gambling in Massachusetts on Rhode Island. From the fiscal to ...

and more »


Casino Gambling Bill Gets House Hearing Today
Patch.com
Casino Gambling Bill Gets House Hearing Today. The bill would legalize up to 5,000 slots and 240 table games at two casino locations. Posted by Dan Tuohy , April 10, 2014 at 05:45 AM. Comment4 2. More. Repost; Print this page · Email; Flag as ...
Revenue sharing offered in attempt to bring expanded gambling to NHNewHampshire.com
New casino bill before NH House committeeSeacoastonline.com

all 20 news articles »

Google News


Advertisement



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

Copyright 2006 Luminati Inc. All rights reserved.