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Online casinos - Namely live roulette A good way for a quick

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Online casinos - Namely live roulette

A good way for a quick buck or a rabbit hole for losing your mind?

What's your technique if you play roulette?
>>
You can make money if you have an unlimited bankroll.

The sequential win system:
1. Bet $10
2. Play
3a. If win, repeat process from step 1
3b. If loss, double bet. Repeat process from step 2
>>
Outside bets are easier.
>>
>>1695419
gambling isn't /biz/
>>
>>1695447
continue long enough and you'll lose everything
>>
>>1695447
>>1695463
ooh woops, didnt see the unlimited bankroll, but that isn't real world shit
>>
>>1695459
Where else on 4chan can this be discussed? You can get pretty rich in just one night in fun casinos and yet /biz/ wouldn't be interested in this area of commerce?! Hardly.
>>
>>1695447
Bet you whole net worth and assets on one game. If you win you win big but uhh...if you lose...well dont think about that
>>
>>1695474
There are lower risk methods available
>>
>>1695419
Even if you know nothing about maths, statistics, expected values, etc you can solve this with common sense.

You're operating an online casino. Would you code it in a way that (given optimal play) a customer could make you lose money?

Of fucking course you wouldn't. That's the whole point of the business - at the end of the day there's a profit for the house.

And indeed the math checks out. The game of roulette has a negative expected value, so while you may win in the short term randomly - in the long term you will approach an average payout that is negative, i.e. a loss.

>>1695447
Ah yes, the good ol' Margingale System, causing gamblers to go broke since time immemorial. It works. But I cannot stress the condition enough:
>if you have an unlimited bankroll
And the casino has to allow you to bet an unlimited amount of course.
If you think you have a system that allows you to beat a casino at Roulette you've just become a victim of the gambler's fallacy. Or you've found a bug in the system (a croupier throwing the ball a certain way, a wheel running uneven, a glitch in the RNG of the online casino). If Roulette is run perfectly you will eventually lose, that's a mathematical fact.

>>1695459
It is traditionally. There have been regular gambling threads on /biz/ for years. This has literally become the place to discuss gambling.
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