First submit. I do know this subject has in all probability been coated one million instances already, however needed to share my outcomes from an experiment I carried out. Only a disclaimer: I am not a gambler; this was merely an experiment I used to be occupied with working as a result of I used to be curious of the result.
Principally, utilizing a web-based roulette machine, I employed the Martingale technique utilizing bets of 500. The Martingale technique for roulette is: you place a guess on both Crimson or Black, in the event you win, you place the identical guess, and in the event you throw, you double the guess. Should you throw once more, you retain doubling the earlier quantity till you win. Then you definately to return to your unique guess quantity. I am certain everybody right here is aware of this although.
The rationale why I needed to conduct this experiment was mainly to see how briskly I may accumulate cash hypothetically, to see whether or not I’d throw eight or 9 instances in a row, and the way a lot cash in reserve I would wish, hypothetically, to fall again on.
The pondering is easy: if somebody has sufficient of a reserve, could not that individual make use of the martingale technique and by no means have to fret about dropping?
These are the outcomes from 420 spins, wherein I positioned bets of 500 on Crimson.
The worst luck I had was truly to start with, wherein I Black got here up eight instances in a row. The probabilities of this happing are very small, however hey, it is playing, this stuff occur. I went into a large deficit and wanted 124,000 in reserves to drag my stability again up (the guess was 128,000). After that, I stored going. As you possibly can see, the hypothetical cash stored rising, and there have been solely a handful of instances wherein I wanted to make use of my imaginary reserves to fall again on. After 420 runs, I ended up with almost 100,000, with the max guess being 128,000. There have been plenty of runs wherein Black got here up 5, 6, instances in a row. Some wherein 7 got here up, and a couple of in complete wherein Black got here up eight instances in a row, wherein I wanted to put 128,000 bets on.
If Black got here up 9 instances in a row, I would wish to put a guess of 256,000, and 10 Blacks in a row would require a guess of 512,000. However the probabilities of this taking place is ridiculously low, and will get exponentially decrease the longer the run goes.
Hypothetically with my run of 420 spins, somebody with a cushty again stability within the a whole lot of 1000’s may stroll right into a on line casino and go away with 100,000, solely ever having to dip into his ‘reserves’ a handful of instances. After some fast Googling, I discovered that, on common, a on line casino take three hours to spin a roulette wheel 100 instances, so this individual would should be within the on line casino for over 12 hours.
The rub, although, lies with the truth that on-line roulette tables have most bets. So, with bets of 500, this technique would by no means work (not less than on-line). In precise casinos, I do not know if there are most bets.
Simply thought this was fascinating.