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Old 01-07-2007, 09:32 PM   #75
Schneed10
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Join Date: Feb 2005
Location: Newtown Square, PA
Age: 46
Posts: 12,458
Re: Civil Discussion About Religion

Quote:
Originally Posted by 724Skinsfan View Post
Roulette 101: Pick a number, put down a wager, like $5. If the ball does not land on your #, you lose $5. Since you are down $5 you need to make the original wager plus your total loss. So place a $10 bet on the same number. If you lose the $10 dollars you must put in (at least) $15. You have to have sufficient funds to continue with this way of wagering until eventually your number is the one that the ball lands on. It may take a thousand dollars or more but that's about the only (and simplest) way of making cash in roulette. The key is picking the same number (or group of numbers) until you win AND you always bet more than your total loss thus far.
Wrong again, Flanders. There are 38 squares on the board (including 0 and 00), but you only get paid 36 times your money for hitting a number.

Do that over time and you're going to lose, guaranteed.

Gambling wins and losses come from repeating the bets over the short run. Over the short run, luck rules the game. Over the long run, the math always wins.
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