Is casino betting on roulette’s red and black is a sure money maker?

Alexandoy

VIP Contributor
This trick of betting was used by a cousin when they want to the casino. His target is the roulette to bet on either red or black color for a 50-50 odds. His trick is to wait until one color has a winning streak of 3. According to the mathematical probability the 4th or 5th would be the other color. If the 4th does not win then he would double his bet on the 5th and again on the 6th. In other words he would be doubling his bet until he wins.

That style of doubling the bet is risky because the bet would be huge if the streak of the opposing color continues for a long stretch. But in actual betting my cousin was able to win more than $1,000 because the streak was favoring him. Do you think betting in this style in the casino’s roulette is a good investment?
 

Yugocean

Valued Contributor
This trick is not different than a Hi-Lo betting trick when we can choose to bet on High or Low, and double the bed whenever there is loss. Such tricks always help you to win at start, but then it will cost you dearly. I still cannot forget how I lost all my satoshi in Hi-Lo. Gambling is bad, if someone wants to risk, then risk only what he/she want to lose.
 

Chibson

VIP Contributor
The simple truth is that gambling is generally very risky and in some cases can cost your fortunes. Even though there are some tricks you can use to win but when those bookies finds out, they will look for a way to block it and you will pay dearly for it as someone up there stated. I wouldn't advise anyone to go into gambling because it's dangerous.
 

Augusta

VIP Contributor
The simple truth is that gambling is generally very risky and in some cases can cost your fortunes. Even though there are some tricks you can use to win but when those bookies finds out, they will look for a way to block it and you will pay dearly for it as someone up there stated. I wouldn't advise anyone to go into gambling because it's dangerous.
You just mirrored my thought perfectly; I see no tricks in gambling than what it is a way of throwing away hard earned money. It is good to use spare money for these things but depending on it as a way of making money is a big No for me
 

Chibson

VIP Contributor
You just mirrored my thought perfectly; I see no tricks in gambling than what it is a way of throwing away hard earned money. It is good to use spare money for these things but depending on it as a way of making money is a big No for me
of course I am definitely not against people playing it as a fun because they can get lucky and win huge amount of money. It is therefore advisable for people not to use the money they are making use of to gamble because it can definitely wreck them. There are many people that have lost huge amount of money on gambling because of greed.
 

Augusta

VIP Contributor
of course I am definitely not against people playing it as a fun because they can get lucky and win huge amount of money. It is therefore advisable for people not to use the money they are making use of to gamble because it can definitely wreck them. There are many people that have lost huge amount of money on gambling because of greed.
Definitely, when you start winning a bit from gambling, the greed kicks in and you begin to invest more money into it. It seems the trick is always for people investing to win so it can lure them to invest big and this is where they get duped of their money
 

Chibson

VIP Contributor
Definitely, when you start winning a bit from gambling, the greed kicks in and you begin to invest more money into it. It seems the trick is always for people investing to win so it can lure them to invest big and this is where they get duped of their money
It is very important that anyone that wants to venture into gambling should be disciplined because if you are disciplined enough you cannot be greedy and you can't lose your money much. The main reason a lot of people lose their money is because of lack of discipline and of course, greed. The main thing is that gambling is very addictive and the lot of people cannot be overcome it.
 
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Deleted member 28127

Guest
This trick is not different than a Hi-Lo betting trick when we can choose to bet on High or Low, and double the bed whenever there is loss. Such tricks always help you to win at start, but then it will cost you dearly. I still cannot forget how I lost all my satoshi in Hi-Lo. Gambling is bad, if someone wants to risk, then risk only what he/she want to lose.
Most of Hi Lo games are in faucet websites, and what is happening that what you are earning from claiming faucet a month is lost in few hi lo bets or part of it is lost. Same trick for roulette you play red and black and money earned by hardworking is lost. There is other roulette choice like odd or even or 1-12 or 12-18 or 18-36 but there are same principe.
 

Augusta

VIP Contributor
It is very important that anyone that wants to venture into gambling should be disciplined because if you are disciplined enough you cannot be greedy and you can't lose your money much. The main reason a lot of people lose their money is because of lack of discipline and of course, greed. The main thing is that gambling is very addictive and the lot of people cannot be overcome it.
I think greed begins from the point of winning once, when once you start winning even if it is peanut you start wanting to win more and greed sets in.the strategy used by these bet owners is this. They design the game in such a way that you would fall for it if you are greedy. So as you have stated self discipline is needed
 

Setho

VIP Contributor
I have been with a particular programmer who once worked for a betting company before and he has told me that the way that casinos are being designed in a way that it is makes it very hard for people to make. Your friends finding might actually be correct but it is just a matter of time before the company finds it and then blocks it.
 

alnevsky

New member
You just mirrored my thought perfectly; I see no tricks in gambling than what it is a way of throwing away hard earned money. It is good to use spare money for these things but depending on it as a way of making money is a big No for me
I wholeheartedly concur. Playing casinos and online casinos like BET365 and OLE777 (when I don't feel like going outside and prefer to stay at home) is just a hobby for me.


If you really want to make money, you should get a 9-5 job. And if you really want to go to casinos, bring some cash you can afford to lose and never get a credit card, or you'll be miserable for the rest of your life. Believe me, I've been there.
 

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