Guy Down The Street

This email goes around a bit:

yo mate, ok I`ll give you my trick but if you give it someone else I`ll @#@#!@ kill you you know in roulette you can bet on blacks or reds. If you bet $1 on black and it goes black you win $1 but if it goes red you lose your $1. So I found a way you can win everytime:

bet $1 on black if it goes black you win $1

now again bet $1 on black, if it goes red bet $3 on black, if it goes red again bet $8 on black, if red again bet $20 on black, red again bet $52 on black (always multiple you previous lost bet around 2.5) if now is black you win $52 so you have $104 and you bet:

$1 + $3 + $8 + $20 + $52 = $84 So you just won $20

now when you won you start with $1 on blacks again etc etc. its always bound to go black eventually (it’s 50/50) so that way you eventually always win. But there`s a catch. If you start winning too much (like $1000 a day) casino will finally notice something and can ban you. I was banned once on royal casino. So don`t be too greedy and don’t win more then $200 a day and you can do it for years. I think bigger casinos know that trick so I play for real money on smaller ones, right now I play on elite world casino: for more then 3 months, I win $50-$200 a day and my account still works.

I decided to give this a shot. (thinking about it, not in real casino.)

Of course, as anyone has spent more than a few minutes on this well realizes that this is just an example of Martingale.

With the betting limits etc, you have no chance of winning, and will lose a bit in every round.
With no betting limits, you will win frequently, but sometimes lose so big, that you will be bankrupt shortly.