|
Home / Recreation and Leisure / Gambling
How To Win At Roulette
By:Steve Gillman
I can tell you how to win at roulette, but do you have the patience? You'll have to sit patiently for thousands of spins before you start to make money. You see, it's all about "charting" the roulette wheel.
How To Win At Roulette? Biased Wheels
Years ago, when I ran a roulette table, one of my favorite players and I would talk philosophy all night while he patiently made his simple bets. I knew he was winning, but not how much. After I quit the job, I met him for coffee and discovered that he had made over $90,000 in sixteen months of part-time play. That made it more interesting.
On a roulette wheel there are 38 "pockets" (American wheel - 1 through 36, plus 0 and 00). When the ball falls in a particular pocket, players are paid according to the number of that pocket. We'll ignore all the various bets and concentrate just on the "straight up" bets, which are bets on one number. You get paid 35 to 1 if your number comes up.
You get $35 for each dollar bet, plus you keep the bet. You can see that the house has an edge (5.6 percent, to be precise), but what if certain numbers came up more often than they should - more often than 1-in-38 spins?
Suppose, for example, number 5 is coming up an average of once every 29 spins. If you bet ten dollars on it every time, you would lose 28 times, or $280, every 29 spins, but win once which would pay you $350. In other words, in the long run, you would be making $70 for each 29 spins. ($350 minus $280) When there weren't many customers, I sometimes did 60 or more spins per hour, so you can see that this could be very lucrative.
Why would that number or any other come up more often? The short answer: Who Cares! The longer explanation has to do with the nature of the wheels. The pockets could be manufactured imperfectly, with one or more slightly larger than the others, therefore catching the ball more often. One or more of the dividers between the pockets could be loose, absorbing the force of the ball instead of bouncing it away, so the ball might drop into that pocket more often.
There are other reasons, including more temporary ones, like a drop of sticky pop in one of the pockets, or a build-up of dust. The important point isn't what causes a "biased" wheel, though. The important point is that biased wheels exist, and can be taken advantage of.
Why would a casino let this happen? Roulette wheels are expensive, and so they are not often replaced, unlike cards and dice, which casinos replace daily. This means that if there is a bias, it sometimes remains for months. I know for a fact that managers where I worked were aware of the problem, but as long as the table made money overall, they were too lazy to worry about one guy making money on it.
Charting a Roulette Wheel
John (not his real name) came in initially with two friends. They took turns "charting" the wheel, which is nothing more than writing down the number that comes up on every spin. They did this for weeks on both roulette wheels in the casino. It is an incredibly boring, but crucial part of the process, often amounting to nothing, since there may not be a bias.
As it turned out, the number "0" was coming in 1-in-28 spins. Only John had the patience, though, to continue sitting there night after night, placing one bet on one number, over and over. Within a couple weeks, his friends quit. They didn't have the patience required, and probably also didn't like the fact that even with the odds in their favor, they had nights when they lost as much as $700.
Night after night John sat there discussing politics and philosophy with me, placing one bet on 0 for each spin of the wheel. He was making $50 to $100 per hour depending on the number of spins per hour, and assuming the bias was consistent in the long run. After more than a year, and $90,000 in profits for John, the casino got a new wheel, and (I assume) John moved on to new wheels. That's how to win at roulette.
Digg
del.icio.us
Blink
Stumble
Spurl
Reddit
Netscape
Furl
Article keywords: how to win at roulette, roulete, money
Article Source: http://www.articles2k.com
Steve Gillman has studied unusual ways to make money for thirty years. To learn more about How To Win At Roulette, like how many spins you need to chart, visit www.UnusualWaysToMakeMoney.com
|
|
| Top Gambling Articles |
- 1). Baseball Betting: bet on Phillies & Dodgers to continue streak! By : Bob Acton
The good thing about wagering on sports this time of year is that with a plethora of activity, you may fine a soft line here or there if you probe hard enough. Two teams who are beginning to get healthy and make some noise are the Philadelphia Phillies and the Los Angeles Dodgers.
The Philadelphia Phillies seek to push their winning streak to 10 games for the first time in nearly 15 years when they wrap up a three-game series against resurgent Tom Glavine and the New York Mets at Citizens Bank Park on Wednesday.
|
- 2). Learn Caribbean Stud Poker Rules By : Pokkercards
All the games we have looked so far involved betting against other players. But this game is different; here everyone plays against the casino or room which acts as a bank (dealer), paying out all winning bets. To win you have to beat the dealer’s hand, other player’s hands don’t make a difference.
First each player makes an ante (initial blind bet) and is dealt 5 cards face down.
|
- 3). Top Online Casino Payout Rates By : Sage Kalmus
Most all top online casinos voluntarily subject themselves to regular audits (usually monthly) by a qualified and reputable third party firm, such as Pricewaterhouse Coopers (PwC). These audits generally focus on two aspects of the online casino’s operations: their random number generator and their payout rates. The latter -- payout rates -- is the subject of this article.
|
- 4). Which games to play at online casinos? By : Michael Heighen
Copyright 2006 Michael Heighen
Online casinos, also known as virtual casinos, are online versions of traditional ("brick and mortar") casinos. Online casinos enable gamblers to play and wager on casino games through the Internet. Online casinos generally offer odds and payback percentages that are comparable to land-based casinos. Some online casinos claim higher payback percentages for slot machine games, and some publish payout percentage audits on their websites.
|
- 5). Premiership Season Preview 2006/07 - Charlton Athletic By : David Walker
Charlton Athletic
Odds: 1500/1
Last Five Seasons
2005/06 - 13 (Premiership), 2004/05 - 11 (Premiership), 2003/04 - 7 (Premiership), 2002/03 - 12 (Premiership), 2001/02 - 14 (Premiership).
2005/06 Cup Progress
FA Cup Sixth Round (replay) vs Middlesbrough (a) - lost 4-2.
Carling Cup Fourth Round vs Blackburn Rovers (h) - lost 3-2.
Top Goal Scorer 2005/06: Darren Bent (striker) - 22 goals.
|
|
|
|
|
- 8). Are You Interested In Playing Poker? By : Roger Wembley
Maybe you recently caught a glimpse of the show Celebrity Poker and all it took was one episode and you found yourself hooked. Or maybe, all your friends have been raving about how addictive the game is and how much money they’ve won. Now you know you're getting a little bit interested, no matter even if you think taht curiosity has indeed started to kill the cat.
|
- 9). What Are The Odds – Big Slick Suited By : R Mongoose
Every list of texas holdem starting hands has Big Slick suited (AKs in poker shorthand) near the top. It is a very powerful starting hand, and one that shows a profit over time if played well. But, it is not a made hand by itself, and cannot be treated like one.
Lets look at some of the odds involving AKs before the flop.
Against any pair, even a lowly pair of twos, Big Slick at best a coin flip.
|
- 10). Online Casino Bonus Is Hard To Choose, Even Harder To Profit From By : Ralf Vinogradov
All online casinos offer a tremendous variety of bonuses to their players. Some of these bonuses are so huge that we have to raise our eyebrows and ask: Is it really possible to give away thousands of dollars and stay in profit at the same time?
The answer is simple - yes it is. Although some very skilled Danish players (or if I may - bonus abusers) made constantly big profits and financially devastated some smaller online casinos who had to stop giving bonuses to Danish players.
|
| New Gambling Articles |
|
|
- 2). Poker Tips: Understanding Good Hands From Bad Hands By : Bob Bastian
Though poker is predominantly a game of chance, there is quite a bit of skill that is associated with your becoming a good player. Knowing what action to take and precisely when to take it can be crucial to your winning or losing the game.
|
|
|
- 4). Poker - The Card Game By : David Mclauchlan
We all know that the poker card game is played from every part of the world today, but outside from this fact, the poker card game is widely
|
- 5). Five Tips For Improving Your Low-Limit Game By : Bob Bastian
Poker is a game of chance. Your winning the game depends very heavily on the hand you have, but there is a certain amount of strategy that you can incorporate into your game that can, help you overcome that hand when used correctly.
|
- 6). Poker Tips: Watching Other Players To Improve Your Game By : Bob Bastian
The more you know about the game of poker, and more specifically, the particular poker variant you are playing, the more you will understand about the other players. This is key to your game, and can even sometimes make the difference between winning or losing it.
|
- 7). Baseball Betting: number’s don’t lie! By : Bob Acton
When betting major league baseball it is very wise to pay attention to the numbers, as teams and players seem to own certain pitchers or clubs, but also struggled mightily against others. We warned you at the start of the year about Johnson for the Yankees.
Randy Johnson is 5-2 through seven starts. But that's not as good as it looks.
Facing a Tampa.
|
- 8). A Friendly Game Of Texas Holdem? By : Warren Kuhl
When playing online Texas holdem there is rarely such thing as a friendly game of poker. If you want to be a winning player at Texas hold em you cannot afford to keep the game friendly. Now you do not have to belittle players and talk trash to win, doing that is simply poor manners and being rude, but you do need to be aggressive in your Texas hold em playing strategy.
|
- 9). How To Choose Online Casino By : Ralf Vinogradov
* Understand the BONUS
This is always hard to understand for newbies - "$1000 bonus? Just for nothing?! Yay!..." - hoo-ooold it right there. There's lots of casino money given away in the industry, but no operator is such a fool to give it away for nothing. Come on, they want something back. They want your money! The calculations have been made which say that the average value of the depositing player is $600-$700.
|
- 10). A Thorn on Their Side By : Jonathan Wachs
Once upon time, the Nets wasted draft picks on stiffs like Yinka Dare. Players with modest talent such as Chris Morris had the gall to write “trade me” on their sneakers. Players with more talent but not nearly as much as they thought, like Stephon Marbury, wrote “All Alone” on their ankle tape. And throughout all this, fans and New York media alike responded with Derrick Coleman-like enthusiasm: whoop-de-damn doo.
|
|
|