Roulette Double Down Method
The anti-Martingale system is a trading method that involves halving a bet each time there is a trade loss, and doubling it each time there is a gain. More Forex (FX). Free Roulette Games - Getting to Grips with the Rules. As online casino games go, free roulette is one of the easiest to learn, and amongst the most fun for both new and experienced players to play. This is one of the riskiest roulette strategies that you can use. Side note – this is a system that can be used all over the roulette table, not just red and black. It is red and black where it is most commonly used though. Reverse Martingale – This is the exact opposite to the system above. It’s know as the Reverse Martingale or the Paroli. Roulette is a favourite of those that use Martingale(source: OnlineMoney Spy.com) Ask any novice gambler that’s read a smattering of gambling strategy which betting method is best for ensuring a. The Martingale betting system. The Martingale system is a staking plan for betting. It originates from roulette, but is also applied in sports betting. After each loss, you double your bet. By doubling your bet after a loss, you can recoup previous losses if you win. However, if you lose again you must double down.
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USA Fan
Along I-10
Member since Jan 2018
403 posts
But can anyone give me the odds on the best time to quit on the double down method considering I have 7 lost spins of the roulette wheel to play?
So if I play $10 hands using the Martingale and have a bankroll of $640 (7 spins) when should I cash out? With this bankroll, I was thinking around $250-400. Can't find it anywhere and I know TD will come thru in the clutch.
Stanford Fan
Houston
Member since Mar 2009
70207 posts
quote:
But can anyone give me the odds on the best time to quit on the double down method considering I have 7 lost spins of the roulette wheel to play?
The moment you win.
ETA - there is no formula that will give you an optimal time to cash out. The expected value of the martingale system with roulette is negative. If you're ever positive, you've beaten the system.
USA Fan
Along I-10
Member since Jan 2018
403 posts
quote:
The moment you win.
I'm meaning how many spins? I figured out theres a 1.115% chance that I would lose 7 spins in a row but this is out of 7 spins.
I need to know how many spins would it take to get reach the 30%...40%....50%? I would never go past the 50% mark.
Vanderbilt Fan
Nashville, TN
Member since Dec 2012
5079 posts
Oklahoma Fan
13623 posts
Member since Nov 2010
72373 posts
97%
94%
87%
75%
50%
Pct of initial bankroll (640) left after consecutive losing spins
USA Fan
Along I-10
Member since Jan 2018
403 posts
quote:
If you're ever positive, you've beaten the system.
Well, you're def positive from the beginning. I have greater than a 98% chance that I could win 1 of 7 spins so as long as I have the funds to double down and play 7 spins then I would have greater than a 98% chance to do so.
Oklahoma Fan
13623 posts
Member since Nov 2010
72373 posts
Meaning the limit of the win expectancy as your number of tries goes to infinity is 1.
USA Fan
Along I-10
Member since Jan 2018
403 posts
quote:
Pct of initial bankroll (640) left after consecutive losing spins
Thats just doubling the percentage and not what I'm asking.
I have a 1% chance to lose 7 times in 7 spins. I know that my chances to lose will increase the number of spins I play. Therefore, I would be more likely to lose 7 times in 8 spins, 9 spins, etc. Can anyone give me the percentage chance for each?
An example would be, I might have a 30% chance that I'd lose 7 spins consecutively out of 50 spins total. <--------That % is not correct but thats the number I'm looking for.
Oklahoma Fan
13623 posts
Member since Nov 2010
72373 posts
Are you saying that in this hypothetical, you'll keep betting even if you win? Do you reset to 10 after a win?
Your question isn't clear
USA Fan
Along I-10
Member since Jan 2018
403 posts
quote:
Your question isn't clear
My mistake, yea martingale goes like this:
Bet $10, if win bet $10, if lose double and bet $20
Continue to double down until you win the hand then return to $10 and start again.
Stanford Fan
Houston
Member since Mar 2009
70207 posts
quote:
An example would be, I might have a 30% chance that I'd lose 7 spins consecutively out of 50 spins total. <--------That % is not correct but thats the number I'm looking for.
That's actually not too far off in my estimation. The chance of losing 7 straight times with double zeros is 1.12%, based on a binomial distribution calculator. Next, take that 1.12% as the likelihood of success (failure in practice), and find the probability of it happening >0 times over 44 trials, and you'll get 39%.
44 trials would be 44 rolling 7 trial periods, which would be the first 7 spins, then 43 more spins after that, so 50 spins total.
The probability of losing your bankroll in 50 spins is 39%.
The math is solid, but my logic could be off.
Georgia Fan
Atlanta, GA
Member since Oct 2014
4370 posts
USA Fan
Along I-10
Member since Jan 2018
403 posts
quote:
The probability of losing your bankroll in 50 spins is 39%.
The math is solid, but my logic could be off.
Appreciate it bro, thats what I'm looking for. So I probably could spin about 60 times before reaching that 50% mark. Relatively speaking, I'd have about 50-55 spins to do my damage before cashing out my earnings while keeping the 'odds' in my favor of not losing all my bankroll.
USA Fan
Along I-10
Member since Jan 2018
403 posts
quote:
So your max win is $10 in that scenario, and you hope that your string of losses runs ends before you hit the table max?
The max win would be $640, if I lost 6 consecutive hands I would be betting my 7th hand at $640. At the tables I've seen, $1,000 is max bet.
Georgia Fan
Atlanta, GA
Member since Oct 2014
4370 posts
quote:
The max win would be $640, if I lost 6 consecutive hands I would be betting my 7th hand at $640.
But you're not actually winning $640, are you? That will only get you back to the original $10 bet that you lost.
USA Fan
Along I-10
Member since Jan 2018
403 posts
quote:
But you're not actually winning $640, are you? That will only get you back to the original $10 bet that you lost.
Right. Chances are I could play 50-60 spins and not lose 7 consecutive hands, however this does not tell me the amount of money I would win on 50-60 spins.
Georgia Fan
Atlanta, GA
Member since Oct 2014
4370 posts
If you have one bad streak and lose up to the $1000 table max, it would take 100 winning rolls to offset that.
Stanford Fan
Houston
Member since Mar 2009
70207 posts
quote:
Appreciate it bro, thats what I'm looking for. So I probably could spin about 60 times before reaching that 50% mark. Relatively speaking, I'd have about 50-55 spins to do my damage before cashing out my earnings while keeping the 'odds' in my favor of not losing all my bankroll.
Around the 65 spin mark it's more likely than not you'll have hit 7 straight losers. That doesn't mean you're likely to be up any money during that time though.
LSU Fan
Baton Rouge, Louisiana
Member since Dec 2010
307 posts
quote:
Let me start by saying I know I can't beat the casino
I don't think you do based on this thread and your responses....
USA Fan
Along I-10
Member since Jan 2018
403 posts
So I would be risking $1270 to win $235 on avg.
Def not worth it being a 40% chance to lose $1270 vs a 60% chance to win $235. Pretty bad odds. Might as well sports bet.
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The most popular bets on the roulette table are Red and Black, this is especially the case in online casinos. Our list of roulette strategies is quite long so what we’re going to do here is list all of the different systems that are aimed towards Red and Black betting. It’s important to remember that Red and Black have exactly the same odds as Odd/Even and 1-18/19-36 so all of these systems can be used for those bets as well.
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The Martingale – This is the most common system that players use. All you do is bet on a colour and then when you lose, you double your next bet. You repeat this process over and over until you get a win. Once you get a win, your overall profit will be whatever bet you started out with. This is one of the riskiest roulette strategies that you can use. Side note – this is a system that can be used all over the roulette table, not just red and black. It is red and black where it is most commonly used though.
Reverse Martingale – This is the exact opposite to the system above. It’s know as the Reverse Martingale or the Paroli. Instead of increasing your bets after a loss, you increase them after a win. The hope is that you will get a long streak of the colour that you’re betting on and take a big win.
The D’Alembert – This is a steady little strategy that shows better results than flat betting when you get as many wins as losses. As far as roulette strategies go, this is one of the safest. This is a system that can only be used on even chance bets.
Reverse D’Alembert – This is the opposite to the strategy above. The downside to this system is that it requires more wins than losses to be successful.
The Fibonacci – This is a strategy that involves you increasing your bets after a loss like the Martingale but it’s safer and it’s more steady. Patience and discipline is required with this system.
Reverse Fibonacci – This is the opposite to the strategy above. As with all “reverse” systems, you need to go on am extended winning run to get a profit.
The Labouchere – This is a strategy that will take a bit of practice to get used to. It’s another steady system that is safer than the Martingale and the maths adds up nicely when you use it properly. As with all systems though, a losing run can send your bets too high.
Hollandish Strategy – This is a slow progressive system where you go through “stages” and each stage has 3 bets.
Oscar’s Grind – This is a very similar system to the D’Alembert. You increase your bets after a win and keep them the same after a loss. A slow system that attempts to grind out wins, hence the name.
Best Roulette Method
Whittaker Strategy – This system is almost identical to the Fibonacci. The only real difference is the name.
Roulette Double Down Method Definition
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