Tipping kills your EV here, unless you're playing for larger sums than $2 bets and only tipping $1.
They're also aware of the double-your-bet theory, aka the Martingale system.Ģ. well at some point you're up, you quit when you're up, it'll work.'ġ. 'My hypothesis was, if I can find a game where you can stay in the game for the longest period of the time. The overall goal of Prof's game was, and I quote: Once you win, decrease your bet to your original amount. (In American roulette, they have 0 and 00, so this actually makes your win rate less than two-thirds of the time.)Ĥ. You should win approximately two-thirds of the time. Payouts on these bets are almost always 2-1.ġ. Here are the rules of my professor's game:ĭefinition of Dozen Bets: a bet on either the first (1-12), second (13-24), or third (25-36) twelve numbers. Don't worry - I can't personally see myself ever playing this game and expecting to win, just curious what you think about the expected value here. Personally, I've never played roulette before until tonight, and I don't have the algorithm.Īnyways, curious as to what you think the pros/cons of this strategy are. He says it worked for him, and he's got a priceless reputation for being overly honest. My professor mentioned this roulette strategy in class.