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Just getting started

Started by klw, August 27, 2012, 07:42:01 AM

0 Members and 1 Guest are viewing this topic.

wento

Back on topic for a min... Have you downloaded the free version of extreme roulette? It is pretty cool showing you bank roll history and graphs on everything. Check it out if you already havent

klw

Hi Wento -- Thanks for the back on topic reply.I was aware of it but haven't done yet. Will be doing it very shortly. Many thanks.


klw

Proofreaders2K

Hello klw welcome  :thumbsup:

Roulette isn't that hard to learn.  Three points I want to touch on.

1) Set Win-Targets & Stop-Losses for your bankroll (+20%/-20% of your original bankroll imo is a guideline for reference.)

2) Sufficient Bankroll--This is what snags most gamblers imo.  Three-hundred units per $1 base betting unit, Six-hundred per $2 base betting unit...

3) Remember the trend is your friend.

Take for example the last seven spin values.  If most of them are red, then in all likelyhood the red trend will continue.
Same with inside betting.  If a number repeats within say 12 spins, there's a good chance it will repeat within the next 12 spins.

klw

Hi Proofreaders2k -- Thanks for the reply and interesting it is.I'm newish to roulette but not betting as I've traded the stock markets ( namely oil ) for years and a everything you've wriiten transposes itself over to roulette, however " the trend is your friend " whilst that is a must for us market traders why is it for roulette when it is a game of chance after all ? Now I'm not saying what you have typed is not true but the subject really intrigues me,it has been my biggest puzzle to solve since I first started looking at roulette ; do I go for the numbers that haven't appeared yet or do I go for the those that have.My first thoughts were to go for those that haven't appeared but I am now leaning the other way and what you have said endorses that,it's really got me thinking.Many thanks for that.

Cheers,

klw.

Proofreaders2K

I played the stock market before coming to gambling games.  Hairline difference.
There are those stocks that are favorites in a sector and get the most variance versus those that hardly move at all.

With roulette each dealer has his/her favorite secton of the wheel (you have to observe closely).  Of that section two or three numbers will hit the most--it's just a matter of finding them before the dealer change.

klw

Interesting , I'll keep an eye out for that as well.

Many thanks ,


klw

crackers

Quote from: Proofreaders2K on August 31, 2012, 09:29:47 AM
With roulette each dealer has his/her favorite secton of the wheel (you have to observe closely).  Of that section two or three numbers will hit the most--it's just a matter of finding them before the dealer change.

This is nothing more than "magical thinking." It's a common pitfall of inexperienced
gamblers. I have no plans on discussing this. It's just flat out wrong. When someone
falls for their own conclusions, based on incorrect assumptions, then they waste time
and possible treasure going in the wrong direction. Study randomness as it regards to
patterns, singles, sleeping groupings, and global effects that act like over all trends. Also
watch the trend for bet selection effectiveness. That's the only trend that matters in the
end.

insidebet

Roulette and stock markets have absolutely nothing in common.  Uderpinning everymove in all different markets are fundamentals reasons and so called "fear and greed" of investors.  There are absolutely no fundamental reasons why a number should appear at any given time, and, trust me on that one, casinos have no fear whatsoever!  Maybe a little greed...

Insider

Proofreaders2K

Crackers, Insidebet you have no idea how much I've made in the stock market much less Roulette.  (I smell casino agents!)

crackers

Quote from: Proofreaders2K on August 31, 2012, 03:04:28 PM
Crackers, Insidebet you have no idea how much I've made in the stock market much less Roulette.  (I smell casino agents!)

I still don't give a rat's ass. When did I ever?

Proofreaders2K

Ahem...

Quote from: insidebet  on August 31, 2012, 02:15:01 PM
Roulette and stock markets have absolutely nothing in common.  Uderpinning everymove in all different markets are fundamentals reasons and so called "fear and greed" of investors.  There are absolutely no fundamental reasons why a number should appear at any given time, and, trust me on that one, casinos have no fear whatsoever!  Maybe a little greed...

Insider

Ok, here is a short analogy.  Reports show the telephone sector is hot (Outside bet) so you can bet the index (or a mutual fund heavy in that sector....
OR
You can find the largest undervalued stock in that sector (inside bet) say AT&T and bet moderate/heavy on it.

insidebet

Makes perfect sense in markets.  None at all in roulette.  I rest my case.
Insider

Proofreaders2K

Sorry about all of this klw.  If you need me send a personal message.

crackers

Quote from: Proofreaders2K on August 31, 2012, 04:33:39 PM
Sorry about all of this klw.  If you need me send a personal message.

Klw, you are here to learn. I don't recommend taking advice from anyone
that attributes meaning for spin results from an almost fool proof random
generator such as the modern Roulette wheel. People do this because they can't
relate to the normal flow of random events. So they grasp at superstitious
cause and effect beliefs. They do this because they have yet to do the hard
work ahead of them. But that does not stop them from attempting to
recruit like minded others. In research this is referred to as confirmation bias.

Proofreaders2K

Moderators could you stop this minstrel show please??

Proofreaders2K

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