Why can’t people go to the casino playing roulette and bet on black, and if they lose, double what they lost and bet on black again until they win?

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If you bet $100, your odds of winning are around 50% and if you lose, bet $200, and so on and so forth until you win, and then cash out with a guaranteed profit. Assuming odds of black are 47.37% as per American roulette, your odds of not winning a single one after 6 tries are 0.02125 (I think) and decrease exponentially after each subsequent try.

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Anonymous 0 Comments

Bruh. Story time:

My first time ever gambling was at some fancy casino in Frankfurt, Germany. I always found gambling to be a total waste of money, so I left my wallet at the hotel and went in with 50 euro only. After a few hours of just drinking and dicking around with 5 euro red vs black bets on video roulette, I got up to 800 euros, which was almost equal to my plane tickets back to the US!

Then I got cocky. And I came up with the exact strategy you’re talking about. My bet on black lost? Fine. Double down 10 euros on black. That lost? 20 on black! My drunk ass kept going, thinking there’s sure my no way that red can just keep on hitting, right?!

WHAT ARE THE ODDS THAT RED HITS ELEVEN TIMES IN A ROW. SERIOUSLY. To this day, I am completely baffled by it.

But yeah. I ran out of money before I could ever catch up. It’s one of my husband’s favorite stories to tell because his jaw was on the ground right there with me. 😂

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