Varius

I have no idea why, but I woke up thinking about roulette (a game I never played).

The thought was this:

Table limits - $1000 min, $100000 max (do such tables exist?)

Pick your color, red or black.

Bet $1000 on that color. If you lose, bet double the amount, again on that color. If you lose, bet double on that color again. Keep doing this until your color comes up and you win $1000 overall.

Example, let's say you pick black and black hits on the 5th bet:

turn1: -$1000
turn2: -$2000
turn3: -$4000
turn4: -$8000
turn5: +$16000
-------------------
total: +$1000

Now if the table max is $100,000 that means you can only get 7 turns though (your 7th bet will be $64000).

I'd say your odds on hitting your color in 7 turns are almost as good as you can get though compared to any casino game. If there are tables with $1000 min and higher max, then you can get maybe an 8th or 9th turn as well.

The two issues I see with this theory are the following:

1) You have to have enough cash to keep doubling
2) You can still lose if your color never comes up in 7+ turns

What do you guys think ?

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