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Topic: sat.oshi.xyz - Roulette strategy discussion (Read 826 times)

member
Activity: 83
Merit: 10
September 29, 2015, 01:30:37 PM
#12
If you understand how the law of large numbers and long run exposure to the house edge works you will understand this:

Because in the long run the (House Edge You Pay) = (Total in Bets Made) X (House Edge) And it always hits this number in the long run... You want to minimize your exposure by betting big to limit the number of bets.

Trust me I've written a lot of gambling simulators the more you play the more you pay!

if you wager small and make 200 bets at $20 on average
-in the long run you will pay $100 on average in Edge to the Gambling House at 2.5% House Edge

if you wager your bankroll of $1000 once you will pay $25 on average.

The big bankroll bet will increase your winnings by $75 on average and give you better chance at getting to a target of whatever odds you choose to bet on.

legendary
Activity: 1568
Merit: 1000
September 29, 2015, 12:27:52 PM
#11
There's always exposure to the edge house plus you didn't take into account number zero. Like I said before, one can definitely make money over an year if you are some sort of robot, but it's just not doable, eventually you'll lose, usually because of your ego, that gets you first than the house edge.
member
Activity: 83
Merit: 10
September 29, 2015, 09:14:23 AM
#10
Yes its good to have a plan to stick to so you know when to walk away.

Another good Big Bet Strategy is to split your bankroll in 2 but always should try and bet big, and bet min amount of times to reduce exposure to the house edge:

Split your $200 bankroll in 2 and make two bets on black for $100 each:

Scenario 1:
Win first bet, Win second bet - Have $400 now - Walk Away! Shocked

Scenario 2:
Win first bet, lose second bet - Have $200 now - Can try again or go home!  Wink
 
Scenario 3:
lose first bet, Win second bet - Have $200 now - Can try again or go home!  Wink

Scenario 4:
lose first bet, lose second bet - Have $0 now - C-ya! Cry


With this strategy you will lose it all only 25% of the time (on a game with no edge).
But you will break even 50% of the time.
The Rest you will hit your target.
sr. member
Activity: 308
Merit: 250
❃ CyberNick ❃
September 29, 2015, 02:30:31 AM
#9
ive always bet on roulette like this,
i fund it 0.03 and bet 10 single number for 100k sats = 0.01,
play for 3 round.. if win 1st round ive won 0.036, so i just cash it out..
but if lose all the 3 round, im goin out lol.
member
Activity: 83
Merit: 10
September 28, 2015, 06:05:25 PM
#8
Agreed

I just thought of something... the Lottery would not be a good game to make a full bankroll bet. It would be stupid to buy 200 tickets with the same numbers on them.  Roll Eyes
legendary
Activity: 1568
Merit: 1000
September 28, 2015, 05:44:01 PM
#7
The only way to beat any gambling game is to have very deep pockets, that way you keep throwing money without worry and eventually you can reach your desired amount.

The problem with this is that the human factor can't be taken out of the equation. It's perfectly possible to double your money easily with deep pockets unless you are on a really bad streak from the start. The problem is not only cashing out at the right moment, but vow to never ever gamble again.

We all know that will never happen, winning makes you think you can do it again and it will never be enough...
member
Activity: 83
Merit: 10
September 28, 2015, 05:34:32 PM
#6
I don't wanna take the fun out of gambling for anyone because leaving vegas after one bet no matter the bets outcome is not everyones idea of a good time.

Lets agree to disagree on this... and besides I love gambling... I used to play alot at rollin.io until I made my own website

With Bitcoin gambling games you can get a low house edge better than roulette but even on these games I still think the best idea is an entire bankroll bet no matter if the game is 50/50 60/40 or 90/10 or 10/90.

Minimize exposure to the house edge
and
Maximize profit potential

Lets face it! Your not leaving the casino till your out of money or Bitcoin anyways... If your anything like me!


legendary
Activity: 1302
Merit: 1005
New Decentralized Nuclear Hobbit
September 28, 2015, 01:59:55 PM
#5
With the $20 bet 10 times you might still have money left

However

To make your goal of $400 you must keep gambling... this would mean you pay even more house edge... And if you keep betting $20 you will keep paying additional house edge with very little chance of hitting your goal.  Assuming your gambling until you either bust or make your goal... the $200 bet would be much better. ( I think, I don't have a mathematics degree or anything )

If your goal is $400 (and you have to reach it for some weird reason) and your bankroll is $200, of course that is the best way to. Smiley

Generally, both are different things suited to different targets, risks etc. so it is not right to say it is better, imo. Depends on what the player wants.
member
Activity: 83
Merit: 10
September 28, 2015, 01:40:25 PM
#4
With the $20 bet 10 times you might still have money left

However

To make your goal of $400 you must keep gambling... this would mean you pay even more house edge... And if you keep betting $20 you will keep paying additional house edge with very little chance of hitting your goal.  Assuming your gambling until you either bust or make your goal... the $200 bet would be much better. ( I think, I don't have a mathematics degree or anything )
legendary
Activity: 1302
Merit: 1005
New Decentralized Nuclear Hobbit
September 28, 2015, 01:34:19 PM
#3
Everything is true. Cheesy


If you bet $200 on black you have almost a 50% chance of having $400

BUT if you bet $20 on black 10 times you have only a 1 in 1024 chance of having $400 when your done betting... (Even on a 50/50 game with no house edge) And you have paid the same in house edge.

how is that make it a better strategy? Both are completely different.
Assuming 0 edge,
Case 1 gives: 50% for double, 50% for nothing.
Case 2 gives a symmetrical distribution.
member
Activity: 83
Merit: 10
September 28, 2015, 01:10:27 PM
#2
I am a master at this subject not because I can beat the house but because I have tried every possible strategy to try and beat roulette and Bitcoin numbers games with 1% or less house edge. I have spend countless hours writing gambling simulators to try and do the impossible(beat the house).

The absolute best strategy is to bet your entire bankroll every-time, let me explain:

If you bet $200 on black you have almost a 50% chance of having $400

BUT if you bet $20 on black 10 times you have only a 1 in 1024 chance of having $400 when your done betting... (Even on a 50/50 game with no house edge) And you have paid the same in house edge.

The strategy you posted will give you the same house edge in the long run as any other betting system.  You can't even reduce the house edge by even a little.

Using a system to beat Randomness is the same problem "The Matrix" movie had at the end... You can't logically beat randomness or Human Choice(like in The Matrix). If you have found any way that works after 1 billion bets and you have beat roulette your game results are not truly random.
member
Activity: 88
Merit: 10
Hi guys, I figured that it is best to have a dedicated thread for the discussion of roulette strategies for sat.oshi.xyz

To start it off, let me introduce the all base covered strategy



This strategy can be scaled to fit your budget.
Your chips need to cover either the first dozen and 19-36 or the third dozen and 1-18 as shown in the image.

Placing this bets cover 30 numbers and the chance of hitting a win is 30/37. On each win, you will get 120% of your total bet.

This is a conservative strategy. However, like all strategies, there is also a possibility of ruin. Hence, bet responsibly.

Please share any strategies that have worked for you along with some explanation Wink

Do come over to sat.oshi.xyz to test your strategy out Wink
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