Posts Tagged ‘inside’

Question by -_-: roulette strategy for inside bets only?
i have a math assignment, and we have to think of a strategy using theoretical probability to give the best roulette strategy for inside bets only. So if you have any suggestions, that would be greatly appreciated!

Best answer:

Answer by Graybeard
Your teacher is a fool.

There are many different inside bets in roulette, and they all have the same probability, with the exception of one bet, the “first five” (0, 00, 1, 2, 3). All of the other inside bets (and combinations of inside bets) have the same probability, but different variance.

What do you mean by, “best”?

If you want my opinion of the roulette strategy that is least likely to lose, it is this: do not bet.

For people who realize that the casino is going to win and they are prepared to spend a certain amount of money to play and have fun, there is another strategy, but it is based in psychology, not probability. That is, to bet lots of inside bets distributed widely around the layout. That will decrease the variance so they are highly likely to get large payout, but will still lose in the long-term. It will, however, be fun getting large payouts. That strategy is best for those who want to play roulette to have a good time.

For those who want to take a chance and maybe win a large amount but probably lose, the strategy would be to bet on one number only. It is unlikely they will win, but if they do, they are winning 35:1. That strategy is best for those who want to win a large jackpot.

Nevertheless, the probability remains the same. It is only the variance (and standard deviation) which change.

Know better? Leave your own answer in the comments!

Question by -_-: roulette strategy for inside bets only?
ok so i have a maths assignment and i really need help! the question is:
Devise a betting strategy that you think might enable you to have some success in the game of roulette. Explain why you chose this strategy and give some mathematical evidence.

Then we have to test this strategy and the rules are:
- cannot make any outside bets
- bets must reflect strategy
-THE MAXIMUM BET ON ANY SPIN IS
- you can bet on any combinations you choose except 0 and 00

thanks for helping, biggest help ever! xxx

Best answer:

Answer by chilicooker_mkb
lose any way you bet.

Give your answer to this question below!