AIBU to rely on roulette as income

[Glucose95]

NC’d as I post my 4am thoughts…

Recently, I have become a rather frequent player of roulette.

i have tried various different approaches, and have found that on four occasions lately I have won over £50 in profit from these FOBTs through one particular strategy.

I put a small initial amount in the machine, maybe £10, and then bet perhaps £3 on red or black. The maximum stake is £2 so if I place £3 on red or black then the spin bar (red or green) will offer a 66.6% chance of activating the roulette feature. More often than not, I have been successful in placing a winning bet on red or black which increases my credit to £16 or £18.

I then consider the £6 to £8 “profit” I have made as “free bets” where I can take riskier bets without worrying about losing the original £10 “capital” I staked.

My strategy has always been to place between £1 and £2 on 0 or 00.

I feel that these machines will more frequently return 0 or 00 as it is these that give the “house edge” to the bookmakers.

I have played this strategy five times in the last two weeks on roulette FOBT’s in various different bookmakers and service stations (when I have been out and about) and on four of the five occasions I have been successful and placed a winning £72 bet on 0/00.

On average, I have only put £30 into the machine before I achieve this payout, resulting in a £40 profit each time.

I did lose £25 yesterday in Ladbrokes (I never seem to have much luck on their machines), but overall my strategy has paid off and I would say that I am in profit generally.

Has anyone else been successful on these machines (the ones in the bookmakers) using a similar strategy? Can you share your tips?

I feel that my strategy pays off more often than not, and having staked a few hundred pounds on these machines in the last few months I think I am in profit still, which is a good achievement.

Does my strategy/playing approach make sense?

I feel that 0/00 are more likely to come up on these machines as it is these numbers that give the house its advantage For instance, if 0 or 00 come up, all bets on red or black/odd or even automatically lose, so the bookmakers are more incentivised to have 0/00 come up more often on these machines?

AIBU to continue playing these machines frequently and consider roulette as part of my income?

i feel that if my strategy continues to work I will be able to use roulette as a way to increase my income by about £100 per week.

I am quite a conservative player and can quit when I realise when my strategy is not working. For example, yesterday, I left the bookmakers when I lost £25. I had another £50 in my purse that I could have kept putting into the machine but I realised that it wasn’t my day and walked away. Last month I lost £100 after I emptied my purse, but this was before I worked out how these machines worked and developed my 0/00 strategy.

Since then, I have won my £100 back and slightly more through my 0/00 strategy. I would say that despite my £25 loss yesterday, I am still marginally up through the previous wins I have had.

Does anyone else who plays these roulette machines feel that 0/00 will come up more likely, and have you had success in betting this way on roulette?

Did you not answer your own question. You think you are still marginally up? How much is marginally? Doesn’t sound like any sort of income to me,and certainly not reliable. If you loose again you’re down.

as that’s what gambling does. Sounds to me like you’re becoming and addict and trying to justify it,

You say “I think I am in profit still” but do you actually know this? Have you sat down and worked out every penny in and out?

This is not a sustainable choice of income, you cannot beat the system and gambling ruins lives.

It doesn’t work. Because she doesn’t know if the person before won on the 0. That’s why she’s only marginally up, isn’t sure, and will be down on the next loss.

If it isn't, and you've somehow stumbled on a way to beat the odds, its onky a matter of time before other people discover the same and that data is fed back to the company that makes the machines, and the software is altered to mitigate it

This. If there is a real vulnerability here in the programming (big if), I would imagine the companies are using clever searches to find a hint of them popping up as hints and tips on the internet!

No please stop.

Lots of people think they've found "a kanck". It's pure chance and the statistics are weighted against you. There is very little chance you will end up in credit. Very very little.

Please seek some actual support around gambling as this can become more problematic very quickly (especially when people don't "see" the problem.) you don't need to think of yourself as a full blown addict. Just contact a charity and say you're scared it might be becoming a bit of a problem. There is help out there.

You have had some luck Arlene are trying to put logic into your luck through your so called strategy. These games and machines are all logically designed to make you lose.

My dad was a mathematician and worked in the civil service (in a different country). They were reviewing tax on these machines and his job was to do the maths on the odds so they could decide if they wanted to increase tax levy on them.
The odds are always in the machine favour and the profits they make are insane. They are designed to give you just enough win to think you'll beat it or "have a chance". If it's a bit of fun then go ahead, it's not a serious money making proposition and never bet more than you can afford to lose.

Please please stop now. I mean that in the nicest way.

Oh Mate.

Please stop

Gambling is a mugs game. Stop it now before you ruin your life. You will become addicted.

I heard a story of a bookie's wife who said she'd like a bet every now and then. The bookie's response was (this was an old story): "Who do you think keeps you in fur coats?"

In other words, if it were easy to beat the system, there would be no money in it for the gambling companies.

You'd do better doing online surveys, or working for Delivery or something if you want a bit of extra cash - neither particularly well paid but at least you'll actually get paid.

I work in a profession where I see the effects of gambling on not only the person who has it, but the people around them too.

It’s great when you are winning - it isn’t great when you’re not. And when you begin to lose, you risk more to win it back.

If you’re able to stop then please do. If not then please self exclude yourself with Gamstop and speak to your bank to block transactions.

I would stop playing before you fall into the rabbit hole of gambling addiction and lose everything.

Gamblers never win. Not long term.

As long as you declare it to HMRC, pay your NI contributions, put some into your pension pot, and don't declare it as 'regular income' if appplying for a mortgage, then go for it.
You will of course, be the first person ever to have a 'sucessful' roulette strategy, so expect kidnap and/or blackmail from those who covet your secret. And don't go to Monaco, because they get quite shirty with those who think they can beat the house.

OP. All of these gambling companies have a very lucrative business. Their money comes from their punters...... people like you, who think they might be marginally in profit; who then carry on losing small amounts on a regular basis.

If you are going to gamble, look into match betting instead.

This is a mathematical equation how it works.

I have no idea, but my DH makes a tidy sum from it.

You have to put in some effort though, with free bets and visiting bookies, but he does this on his way to and from work (shift worker) so it doesn't interfere with family life really.

He makes a few hundred quid per month.

This sounds like madness. If a strategy that simple could beat the machines - well someone would have worked it out by now. You've got lucky a few times, that's all.

This.

My understanding is it’s all completely random and having a strategy doesn’t work it’s just luck if it works out.

Your post actually seems quite worrying as a few hundred quid spent placing bets the last few months is a lot.

The house always wins

This

No op, you will not make an income from this. You'd make more money completing those paid surveys online that give you ten pence per survey or something 😑 honestly, you sound in denial about your gambling, you have no idea how much you have spent, don't know if you've even made a profit. If your 'strategy' worked we would all be doing it, easy money right?? But in end, you'll never win.

'I think I am in profit still'

I wouldn't be throwing money at a scheme like that.

“I feel that these machines will more frequently return 0 or 00 as it is these that give the “house edge” to the bookmakers.”

The fact you think this shows you have no idea how odds and roulette work. The house advantage comes from the fact that no other bets pay out apart from the single number bets on 0/00 when it comes up. Therefore over time “the house always wins”. The machine does not throw up 0/00 more often.

Basically you will get paid at 35/1 when the “true odds” of your number coming up are 37/1. That difference of 2 is how the house/FOBT makes its money.

https://wizardofodds.com/games/roulette/basics/ has a good explainer or Google “house edge in roulette” for other explanations.

Your post has a number of red flags for someone at risk of gambling addiction - vagueness about losses, talk of feelings, believing that over and above the thousands of people who really understand gambling and odds you have found a “system” and that’s before getting into the use of FOBTs which are incredibly addictive compared to other forms of gambling. Please stop, if you feel you can’t stop/don’t want to stop then contact Gamcare. https://www.gamcare.org.uk/

The manager of a local pub once told me that their biggest source if profit was the fruit machines!

As the others have said OP get help now before it gets worse The interest rate isn't too bad for now open high interest savings account and at least you can he sure of making a little on your money every month without worrying you're about to lose it. However given all the red flags in your OP the stock market is not for you so don't go there just a normal savi gs account

OP I see the results of gambling every day in my job. In these instances it’s online gambling which I personally think should be banned but that’s another discussion.

But people desperate because they’re unable to feed their families, because they’ve ended up not being able to pay the rent, and all because they started out with a few wins and thought it would work for them.

That’s how it works. The win is there to keep bringing you back. Lose lose lose and oh look, a win. And once you’ve won once you can win again, right? Wrong. The losses will always outweigh the wins. Always.

The marketing of these companies is despicable. they’re designed to lure you in with their flashy ads and their free spins.

Personally the whole industry needs more regulation and yes, online gambling needs to be banned.