Even in my youth there was something about casinos that I liked. I really appreciate all the bells and jackpots going off. You look at people who go to the casino smiling and hoping to hit it big, but usually only a few leave with a smile on their face. One of my playmates told me he came across a roulette game you can rake in the money in the casinos. But I informed him before fleeing in Monte-Carlo, with its economies, we must consider the issue a little further.
He actually found what is known as the Monte Carlo or also called players fallacy – I’m sure you recognize the important role of the name. This incredible play roulette system is implemented on the misconception that when you see a series of deviations from the mean of these differences balanced by deviations opposite. So in other words, when you look at a roulette game and see a red number up five times in a row, then it becomes statistically possible that black will arrive on the next spin.
This seems clearly to be logical (like something you’d expect to arrive at the law of averages), but mathematically it is not correct. Each tower is an independent event and all previous rounds have no effect on the next spin. Mathematical error in this reasoning is the core of another roulette system very popular called the Martingale system. If you’ve ever been in a casino, it is likely that you have heard about it. Basically, you bet you place your bet on a black come say for example, and then when you lose you keep doubling your bet until you win.
Undoubtedly the Martingale system has many followers, but unfortunately, the existence of the extra ’0 ‘on the wheel (or two in American casinos) is one of the gaps this system of the roulette game. The other main problem is to ensure that the gains you need to have cash limiteless paris. In fact, recently I have been enjoying the online casinos (even if the music on them I could live without) – The difference between the real casinos, it is they can never be effectively random as the computer is unable by nature to create real random turns (but it is close enough).
