Roulette Gambling Strategy
A roulette gambling strategy intended to manipulate the casino bonuses almost all online casinos give to attract new players to their casino. The crux of the system is that a player deposits say $50 (GBP’s, Euros) and receives an equivalent 50 unit bonus conditional on that bonus being wagered a set minimum number of times before the new client can make a withdrawal.
The strategy is simple, the player elects to play roulette and bets say $24 on black, $24 on red and $2 on the ‘0′. With the European game, regardless of whether black or red comes up the player comes out square on those two bets and looses the $2 on the ‘0′ bet. In theory a player should be able to come out at least $30 ahead after making the minimum number of wagers and then withdrawing his deposit and the remainder of the new player bonus. If Lady Luck is on his side and the ‘0′ comes up a few times at 35 to 1 odds, he could end up much better off.
There are a couple of slight flaws in the theory. Online casinos have long been concerned about ‘bonus whoring’ and have implemented measures to minimize its impact on their bottom line. Individual casinos could do this by the fine print in their “bonus conditions” or by triggers built into the software that reject bets that effectively automatically cancel each other as would be the case if I choose to bet equal amounts on red and black. In a land based casino, the bets on red and black are pointless because their sole purpose is to meet wagering requirements to facililitate making a withdrawal as soon as those conditions are met.
Whilst I have never seen anyone try to implement such a strategy in a land based casino, I suspect that one would quickly attract unwanted attention by doing so. Since I live in a one casino city and my favorite game is blackjack, I certainly have no intention of attracting any unnecessary attention to myself by trying it out at my local.
On average the ‘0′ comes up one spin out of 36 on the single ‘0′ wheel. That simply means that if we have a large enough number of spins of the wheel, the ‘0′ will come up on average once in every 36 spins. In the short term the number may be much more frequent or further apart.
In my opinion, this has no chance of working with the ‘00′ wheel as the odds strongly favor the casino.
You can read more about this theory at Money saving expert
The other flaw in the theory is that banks charge y0u a fee when depositing money to an online casino (assuming one lives in a country or state where this is permitted) and the web wallet service handling your refund also charges you a fee. If you choose to take your money in a check, your bank fees may exceed the value of your check. For those living in many of the more impoverished countries there is the added hurdle of most online casinos refusing to accept your business because of the high rate of credit card fraud and charge backs.
I look forward to reading your comments on this theory .