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:

Kentucky Center for Investigative Reporting

Where Kentucky's Gubernatorial Candidates Stand on Casino Gambling
Kentucky Center for Investigative Reporting
“He does not believe casino gambling is a long-term solution for any of Kentucky's financial problems, so that will not be a priority for his administration.” James Comer - Campaign director Edwin King would not say if Comer personally supports or ...

and more »


Pensacola News Journal

Lawmaker renews push to bring mega casinos to Florida
Pensacola News Journal
"It invites wall to wall casino gambling in Florida, and the social costs and crime that go with it." Recent efforts to win approval of mega-casinos have gotten bogged down the last few years in the Republican-controlled Florida Legislature. Business ...
House rolls out plan to bring resort casinos to MiamiMiamiHerald.com
New Gambling Overhaul Bill Presented in FloridaCasino.Org News

all 92 news articles »


Concord Monitor

My Turn: On casino gambling, song remains the same
Concord Monitor
Lou D'Allesandro has once again introduced a bill to legalize casino gambling, so the issue will again be debated this year, even though in every House vote since 1973, casino legalization has been rejected. His bill would license two casinos – which ...
Garry Rayno's State House Dome: State budget proposal has a little something ...The Union Leader

all 7 news articles »


Casino gambling on big payoff from Asian community
MyFox Washington DC
Casino gambling on big payoff from Asian community - DC News FOX 5 DC WTTG. SITE SEARCH WEB SEARCH BY Google. Member Center: Create Account|; Log In; Manage Account|; Log Out. Site Web. 39°. Fairfax. Overcast. Connect. Home. Contests ...



Orlando Sentinel

Expansion of casino gambling draws dire warnings, praise
Orlando Sentinel
Mark WIlson, President of the Florida Chamber of Commerce, (2nd from left) speaks during a Florida Forward panel discussion on gambling policy at The Ballroom at Church Street on Tuesday, February 24, 2015. Mark WIlson, President of the Florida ...

and more »


Trips range from casino gambling to San Francisco
Manteca Bulletin
The Trips N' Tours group based at the Manteca Senior Center offers trips for people of all ages meaning you do not have to be a senior to participate. The only restrictions is for casino trips where those attending have to be 21 years of age or older ...

and more »


WLKY Louisville

Kentucky House speaker to introduce bill to legalize casino gambling
WLKY Louisville
FRANKFORT, Ky. —Kentucky House speaker Greg Stumbo is making plans to introduce another bill that would legalize casino gambling. Related. City officials address weather... Commission picks 3 candidates to fill... City officials speaking out on 4 ...

and more »


InterGame

Evolution Gaming eyes 'live casino' IPO
GlobalCapital
SEB and Carnegie are premarketing the IPO of Evolution Gaming Group, a company that provides 'live casino' online gambling, in which customers can interact online with live dealers through streamed video. By Jon Hay; 04 Mar 2015. The company, which ...
PokerStars Adds Live Dealer Games To Casino ProductPokerSites.com

all 14 news articles »


Patch.com

New Members Named To Citizens Concerned About Casino Gambling ...
GoLocalProv
“We remain focused on educating voters and our elected officials about the harms of casino gambling and to support sustainable alternatives that strengthen our local economy.” The group's next meeting will be held at the Newport Public Library on ...
Newport Anti-Casino Group Announces New Officers, Vows to Keep FightingPatch.com

all 2 news articles »


Online Poker.net

Mongolia Could Soon Embrace Casino Gambling
Online Poker.net
Mongolia Could Soon Embrace Casino Gambling Next week, the Mongolian parliament is set to vote on legislation that if passed would see the Central Asian country give the go-ahead for its first ever casinos to be built. While this is not the first time ...

and more »

Google News


Advertisement



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

Copyright 2006 Luminati Inc. All rights reserved.