What's your way to beat the casino / bookies?

If you had infinitely deep pockets…

For example, imagine you’re better red and you get 10 straight reds… you’d need to bet £1,024 after already having lost £1,023. If it got to 16 in a row then you’d need £65,536… after already losing £65,535. Risking £131,071 for a £1 profit wouldn’t be worth it.

Sure, that will only happen 1 in 65,536 goes… but if you gamble for long enough you’ll get there. Imagine you bet on 200 spins a session… if you do it every day, you’d get there within a year. Considering 200 spins would probably give you average return of £100, you’d only have made £32,768 by this point… so almost definitely lost all your money.

/r/AskUK Thread Parent