Originally Posted by
Shanequa
So I got a friend of mine into online gambling recently and she had played live table games and poker at a minimum. Well once she played table games online she screamed SCAM, but then she tried thinking of a strategy and testing them with play money and she came up with this.
Start out betting $5 for example in roulette, and bet on red. If you lose, double your bet and place your bet on red until you win. You would double your bet each time until it hits red and then start your bet back over at $5 and repeat the same cycle. She says she tested this theory with play money and shes winning a couple hundred an hour. I know you would need a decent roll to do this, and there could never be a max bet, which i know online is usually 500 but if you're betting on colors red/black, you wont ever need to double your bet all the way to 500 if you bet the same color over n over. I mean sure it could happen, but doubtful.
Can someone punch some holes in this theory for me please.