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Originally Posted by 2dawgnation2:

Can't say this is is "how to play roulette" but I will say that a buddy of mine, and myself, have had success the last three times in a casino with this method of gambling.  WE first "scouted" the roulette tables and we were in search for tables where the marble had fallen on 2/3 of the table...in other words, the table is divided into 1-12, 13-24, 25-36...and of course the 0 and 00.  We were searching to identify when a table landed on any 2/3 of the table with any numbers (including the zeroes) other than those 24 numbers...we would place a generous sum on an outside bet on the two that were landing at a consistent number (8+ spins in succession).  Since it pays 3-1 odds we would only look for one more hit inside those 24 numbers and as streaks seem to go...it has a high percentage chance of hitting those numbers again.  Sounds ridiculous I know, but it has worked for us.  "8" was the streak number we looked for on the board and worked for us.

Stuff like this amazes me...this is a sports wagering forum, and like most sports bettors, we generally gamble on other things, such as table games in a vegas casino. At 23, I don't have near the knowledge some others have on this site. I've been at this game only since I started college 4 years ago, so in relation to the big picture, you'll never hear me deny my 'novice' status. But it amazes me that people will put their hard earned, or not so hard earned cash, on events without a certain level of knowledge about them. We still have guys who cap games based on trends like team x is 12-5 ATS over the last 20 years on the last game of the season when said game falls on a Wednesday against a team below .500. The next time the Cowboys get to the SB (if ever), mark this thread down, because SOMEONE is gonna post their ATS and overall SB record in some thread as though games with Emmit and Troy, and games from the 70s are relevant at all. PROMISE.

And by the post above, clearly some people wager their money with possibly the most incorrect theory you could find. What he described is the DEFINITION of the gambler's fallacy man, you can't be that ill-informed. Your theory works if the tables show bias, which any major casino is going to avoid because they already have the house edge, a detectible bias is only going to help the players. In your explanation you said you looked for streaks of 8 and no longer, which indicates that you weren't searching for bias, just what was running hot. Since your system clearly indicates you have no idea what it means, the gambler's fallacy is that when some result happens it dictates the result that follow it.  What you’re basically saying is that if I flip a coin 9 times in a row and it lands on heads, its more likely to land on heads if flipped a 10^th time, which could be no more incorrect.  A wheel which results in turning up a certain sector 7 times in a row has ZERO bearing on the spin of the wheel the 8^th time.  NONE.  Please commit to understanding real statistics before you attempt to help someone out next time man, seriously.  The last thing this board needs is someone giving advice like you gave above.

Stuff like this amazes me...this is a sports wagering forum, and like most sports bettors, we generally gamble on other things, such as table games in a vegas casino. At 23, I don't have near the knowledge some others have on this site. I've been at this game only since I started college 4 years ago, so in relation to the big picture, you'll never hear me deny my 'novice' status. But it amazes me that people will put their hard earned, or not so hard earned cash, on events without a certain level of knowledge about them. We still have guys who cap games based on trends like team x is 12-5 ATS over the last 20 years on the last game of the season when said game falls on a Wednesday against a team below .500. The next time the Cowboys get to the SB (if ever), mark this thread down, because SOMEONE is gonna post their ATS and overall SB record in some thread as though games with Emmit and Troy, and games from the 70s are relevant at all. PROMISE.

And by the post above, clearly some people wager their money with possibly the most incorrect theory you could find. What he described is the DEFINITION of the gambler's fallacy man, you can't be that ill-informed. Your theory works if the tables show bias, which any major casino is going to avoid because they already have the house edge, a detectible bias is only going to help the players. In your explanation you said you looked for streaks of 8 and no longer, which indicates that you weren't searching for bias, just what was running hot. Since your system clearly indicates you have no idea what it means, the gambler's fallacy is that when some result happens it dictates the result that follow it.  What you’re basically saying is that if I flip a coin 9 times in a row and it lands on heads, its more likely to land on heads if flipped a 10^th time, which could be no more incorrect.  A wheel which results in turning up a certain sector 7 times in a row has ZERO bearing on the spin of the wheel the 8^th time.  NONE.  Please commit to understanding real statistics before you attempt to help someone out next time man, seriously.  The last thing this board needs is someone giving advice like you gave above.