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?

You don't have a 'strategy'. There is no 'strategy' to win.

You clearly don't understand probability. The game has a negative expected return, regardless of 'strategy'. And the longer you play, the more certain your losses. It's why no one makes a living playing roulette.

Look up Denise Coates and see how much she earned last year. It all came from losers like you.

A fool and their money are soon parted....

STOP GAMBLING

💯 this

Nobody who has a problem with gambling and no sense of probability like the OP should consider matched betting.

People can make money at it, but only if they have a shithot grasp of how it works and rigorous self-control.

Nobody who has a problem with gambling and no sense of probability like the OP should consider matched betting

This times 10.

I made a few grand from matched betting before I got gubbed from nearly everywhere and gave up. But it is VERY easy to slip and go 'well I've made £200 this week so a tenner on this won't harm'. I did it myself a couple of times before I gave myself a shake.

What the pp said about needing rigorous self control can't be stressed enough. It would be an awful idea for someone with a possible gambling problem.

Fair enough, you're both right. I did MB myself a couple of years ago but I have zero interest in gambling and it was a means to an end. It didn't occur that someone with a shaky grip on addiction might not see it the same way.

Agreed. I’ve been doing it for a couple of years, have an absolute grasp of the maths involved (stats phd!) and the complete opposite of an addictive personality yet still found myself chasing losses on a couple of occasions on the casino offers. They make it so easy to get sucked in.

Your ‘strategy’ is correct but your psychology isn’t because the house always wins. and the house here isn’t winning in you - with your £10 profit- it’s winning through the people who started like you, then upped the ££ they bet from£1/2 a spin to £20/30 because why not?
If you’re winning you’re winning, and if you put more on then you win more! And in the corner you can see the winnings of other users.And, oh look! You won £14 in that spin but someone won £310! If you had out more on that time you could have won £200 not £14!
So you bet higher - and you lose more ££- but that’s okay. It was one spin. So you go again. And you lose again. Now you’re down £100. But you have a strategy so you bet again…

It’s addictive. The wins give you a little bit. The losses a little dig that makes you want to get your own back, get your money back, prove your strategy wins…

My advice would be - Take your ‘profit’ and use it as your stake and NOT a PENNY more and see where you get to. NOT a penny more though, not one single one. My guess is yij’ll end up back a zero.

Just put the money every week into a fixed rate savings account, guaranteed 4-5% returns. Literally no effort needed.

Yep – use the time spent gambling to do something genuinely productive

The house always wins.

Ah, another mug with a system!😂

Just as a personal story i have - not saying this is going to be you, but i know someone who made loads of money, think tens of thousands - apparently the strategy they had also worked, till it didn't and they lost over half a million. They had a full time job tho - and wasnt relying on this as an income.

The strategy isn't correct, it's bollocks.

In a legal casino 0 and 00 are where the house makes its money. They don't need them to come up more often than 2/38, that's enough of a margin, so a legal casino doesn't fix the table to make them come up more often.

But even if you assume that a dodgy physical casino might fix the table so 0 and 00 come up more often. The OP is playing a FOBT where the punters can bet on 0 and 00! Why on earth would they programme the machine so that these numbers come up more often? What would be their motivation?

Does my strategy/playing approach make sense?
Of course not. If it was that easy no gambling companies would be making any money. You are doomed to fail at this because there is no systemetic way to beat the odds and/or the provider. For the few things that worked (not roulette), the companies just ban your account.

If you had a business would you have set it up so randoms on the internet can come and take all of the money out of it?
That seems to be what you think you have stumbled upon, rather than the obvious psychological trick all gambling platforms employ whereby they lure you in with the odd win.

As someone who has successfully relied on casino income in the past, I can't stress how much you should avoid this! You can't make money the way you're going about it - the system will win, because that's what it's mathematically designed to do overall, despite the fact that you may pick up some wins along the way.

To make money you need to be able to manipulate bonus offers. This takes a strong understanding of the underlying mathmatucs and an ability to read and grasp the small print of bonus offers. The pp who said you also need shit-hot self-control is also right! The system is designed to suck you in even if you know what you're doing.

I wouldn't recommend it to anyone with the wrong mindset and a poor understanding of the underlying system, which is what you have. Don't do this - sign up to Gamstop and get yourself excluded.

PS it is also true that if casinos catch you manipulating bonus offers, they simply restrict your account. This means income dries up in any case eventually.

How many people do you know are successful professional gamblers? If none, what makes you so special?

Why would you purposely want to give yourself an addiction?

Coincidentally, Victoria Coren-Mitchell was on room 101 on radio 4 this week saying she has made money from playing poker but would never advocate roulette. She is an expert I would listen to.

You are up at 4am writing essays about gambling. You visit bookmakers and Ladbrokes. You come up with “winning” strategies and call yourself a conservative player. Please find help for yourself. This isn’t normal.

I can't believe anyone could be quite this naïve and deluded tbh.

There are a very, very tiny number of successful professional gamblers and they have a completely different mindset and way of operating to you, @Glucose95 . The path you're currently on will only lead to addiction and financial hardship.