I like games of chance and probability. So back a couple of years ago I read a book about how players were gaming the system and making big dollars from playing roulette. I was curious did the system really work?
I think the answer is possibly. If the house is cheating or has a table that isn’t random enough. However if the roulette wheel is random then no you are going to lose money. Here’s a link to my roulette simulation script. You can set your start money and high and low bets to see how long it takes before you run out of money using the betting style from the book.
The simulator places bets on red/black/odd/even and increases bets on winning spaces while decreasing bets on losing spaces.
The idea is if you have a long period of non-repeating results. Such as red/red/red/red/red your winnings will grow exponentially.
You reset your bet to the minium amount and collect your money when you hit the table max bet.
You only lose money when you get 0 (depending on the type of table).
Roulette simulator
June 8th, 2011
Curtis Rutledge 

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