Roulette Strategies and Gamblers Fallacy - The Key Difference
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- เผยแพร่เมื่อ 12 เม.ย. 2024
- Explore the truth behind Roulette Strategies and the Gamblers Fallacy in this eye-opening video.
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While many dismiss roulette strategies as mere superstition, we delve into the mathematical principles that underpin some of the most effective approaches.
Let's debunk the misconception surrounding roulette strategies and the Gamblers Fallacy. While some strategies may indeed fall victim to flawed reasoning, others leverage sound mathematical principles to gain an edge at the roulette table. We'll explore the key difference that sets these strategies apart and why they deserve serious consideration.
We'll start with a clear definition: the Gamblers Fallacy is the belief that past outcomes influence future events, such as expecting black to follow a string of reds on the roulette wheel. However, as astute commenters rightly point out, each spin of the wheel is independent, unaffected by previous outcomes.
Here's where the distinction lies: effective roulette strategies don't rely on predicting future outcomes based on past results. Instead, they utilize mathematical probabilities to inform strategic decisions. Take the Martingale system, for instance. While its doubling-up progression may seem like a gamble, it's rooted in the statistical likelihood of consecutive losses and the eventual return to profit.
Similarly, the Fibonacci sequence isn't just a fancy facade-it's a methodical approach to managing bets based on mathematical patterns. By understanding the underlying probabilities, players can make informed decisions that defy the Gamblers Fallacy and tilt the odds in their favor.
If you're intrigued by the prospect of testing these strategies for yourself, it's essential to choose a casino with favorable table limit ratios.
So, are roulette strategies grounded in mathematical reality, or are they mere flights of fancy? We'll let you be the judge. Watch the video and join the conversation in the comments-your insights are invaluable to our community.
Ready to separate fact from fallacy? Watch now and unlock the secrets of roulette strategy.
#RouletteStrategies #GamblersFallacy #CasinoGaming
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The problem is that people do not know the difference between Probabilities and Odds! Odds always stay the same, After every spin the probabilities change!
7 red or 7 black in a row is very very normal...
I played once and I bet on red £1 and doubled everytime I lost 8 times in a row .my last bet was £124 and I was finished. So I watched . it ended up 12 blacks in a row. So to avoid the so called wipe out as I call it. I play follow the winning colour . You want these runs on what ever colour to go in your favour. If I would off switched to black after my first loss I would of won 11 times in a row. . As you all know it's totally random and depends on the day.👍
A typical case of: follow the leader… once it turns black go for black, even though this strat, loses if the colours alternate. 😊
And yet the same odds against winning still apply. The odds that BBBBBBBBBBBB will come up is the same as BBBRRGRRBBRR, or RBRRBBRBBRBR, or any other combination. So each sequence is just as unique and just as likely.
If you played/spectated an online casino table for 2hrs, you will observe 7 or more consecutive:
High numbers
Low numbers
Black
Red
Even
Odd
It will also throw in dozens and columns too.
I personally prefer columns, but that still throws up some unusually strange sequences.
Dont know how they manage it, but they do, and anyone running a system will get snagged.
As a streak extends, the probability of its continuation diminishes exponentially. This means that while the likelihood of a single red outcome remains constant, the prospect of witnessing a sequence of red results dwindles swiftly with each spin.
False
Thank you, I find your videos interesting and informative.
The term the “gamblers fallacy brigade” need to research is cumulative odds. It’s basic maths and if they don’t understand that, roulette isn’t the game for them.
Most online roulette tables have statistics for the last x amount of spins and we can see that unless the wheel is weighted/rigged, the result even out to close to the expected averages. All roulette strategies are playing the long game hoping they don’t hit the skewed results that happen every now and then.
It is wrong to say that the drawings of boules are independent (even if it is mathematical), because the probabilities always balance out 50/50 for red and black, if there was really independence we should see 100 reds in a row on large series, but that never happens!!! and there would be no table limit, but there is!! :-))))
Nah they're fundamentally independant. Let's say you bet on red landing at least once in three spins, before the first spin, the chance of winning this bet is 48.64% to the power of 3, which is almost equal to 11.50%. But it doesn't change that each spin you bet on red, you've a 48.64% chance of winning. That's very important to consider as, if you lose the first time, your bet becomes that the next two spins, red will land at least once, which has a 23.65% chance of winning. And if you lose once again, your bet now has a 48.64% chance of winning (and certainly not 11.50%). The ball doesn't have a memory, so probabilities are reliable only at the start of a sequence, and your chance of winning decreases at each loss. If something as unlikely as black landing 25 times in a row happens, it doesn't change that the next turn, black has a 48.64% chance of landing (refer to the famous example of what happened in a Monte Carlo casino in 1913). Strategies make sense only if you're aware of that mathematical fact.
@@ludjik I understand this perfectly, but since roulette on simple odds tends towards 50/50 it is wrong to say that the throws have no memory, because if you bring out 26 blacks at roulette there will necessarily be a rebalancing in red behind ;-)
@@bonsenscoherence9257 That may be true long term, but it'll have nothing to do with a sort of debt that the ball has contracted, so it's not like red is gonna appear more often right way. On the here and now, the chance will still be 48.64% each turn. The state of balance will be reached maybe after 1000 throws, maybe less but the point is, you don't know how and at what point it's gonna happen... This imbalance could stay for a long long time, and it wouldn't be abnormal since 26 blacks in a row was unlikely, but a frequent succession of reds and blacks isn't. That's why it's true that the ball has no memory, you just can't strategize making the opposite assumption. This notion is too vague and is still greatly influenced by randomness. Probabilities are reliable only by considering future odds, not past events.
@@bonsenscoherence9257 That may be true long term, but it'll have nothing to do with a sort of debt that the ball has contracted, so it's not like red is gonna appear more often right way. On the here and now, the chance will still be 48.64% each turn. The state of balance will be reached maybe after 1000 throws, maybe less but the point is, you don't know how and at what point it's gonna happen... This imbalance could stay for a long long time, and it wouldn't be abnormal since 26 blacks in a row was unlikely, but a frequent succession of reds and blacks isn't. That's why it's true that the ball has no memory, you just can't strategize making the opposite assumption. This notion is too vague and is still greatly influenced by randomness. Probabilities are reliable only by considering future odds, not past events.
That may be true long term, but it'll have nothing to do with a sort of debt that the ball has contracted, so it's not like red is gonna appear more often right way. On the here and now, the chance will still be 48.64% each turn. The state of balance will be reached maybe after 1000 throws, maybe less but the point is, you don't know how and at what point it's gonna happen... This imbalance could stay for a long long time, and it wouldn't be abnormal since 26 blacks in a row was unlikely, but a frequent succession of reds and blacks isn't. That's why it remains that the ball has no memory, you just can't strategize making the opposite assumption. This notion is too vague and is still greatly influenced by randomness. Probabilities are reliable only by considering future odds, not past events.
Great video. Explainsd a lot in a clear eay to understand way. Well done!
Thanks Derek, appreciate that
No "falacy." Remember the Cardinal Roulette Percentage: 2.7%. That is average win the House makes on every bet. Simple mathematics. There are 37 pockets in a single-zero roulette wheel, so the true odds on landing on any single number is 1 in 37. The payoff on any single number is 1 in 36, giving the house a 2.7% house edge. On double-zero it's nearly twice as much, at 5.26%. EVERY roulette bet can be mathematically tied to this number, the Cardinal Roulette Percentage, no matter what type of betting strategy is entailed.
5:31... how many times i told myself this.. and yet it happens.. more often then not.. at least for me.. maybe i should look for a new hobbie-- btw -- my record is 11 losses in a row- on matingale.. i lost my whole bank account.. nevermind the bank roll 😢
I have a question?
Online casinos offer very high limits on table games does this mean I can double up 25 times and make money 24hrs or do they offer high limits cuz game is rigged?
That’s an awesome question that iwish I could answer…your right online seems a little rigged..
I think there's a lot of good sense on your channel, nicely illustrated and presented with enthusiasm. Dozens work better for me than columns, but I like both at once when the bankroll permits. The triplingale is a aggressive, but justified by the high probability (24/37=64.9%) that a win will come along sooner rather than later. Single-zero roulette is a decent proposition, not as good as blackjack or baccarat or craps but certainly better than American roulette! Nice job on all your videos. Thank you.
Everything has a lifespan. So about 23 of even chance in a row is about the maximum. Sort of like a 114 year old human being. One in several million.
컨텐츠에 생각만해.
Martingale shouldn't be classed as a strategy, it should be classed a a helper to your main strategy.
The laws rule the day every time, laws of probabilities, eventualities and averages
Finally your not talking crap about waiting for streaks, and now you understand the fact the math is only about the odds of not losing number of bets in a row and not that if you keep going somehow your odds will increase. I think the decent thing to do is take down your previous video spreading gambling fallacies
_I will leave my comment out of this_
Absolute misinformation. You will not win the 7th bet 98.1% of the time lol why would the odds of that bet be any different! Gamblers fallacy to a T lol
Hahaha did you watch the video?
Because Roulette is a completely Random game, every one can makes lots of strategies that can win for a short time...
But after a while you will start loosing all your money.
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