I blog when I go abroad, and occasionally when I do stuff in the UK too. There's a nicer interface over here.

Thursday, April 30, 2009

How I make extra money playing roulette

Can't believe I'm writing this. Not that I'm going to give away any big secrets or some kind of MAGIC BETTING FORMULA, but just that it's possible to write a post with this title that isn't bullshit. Because it's not! It's true! I really have been making a regular profit playing roulette over the last 6 months, something along the lines of £100-120 a month -- and now I'm going to REVEAL MY MAGIC BETTING FORMULA. Or, err, not. Shall I begin?

Actually, before I begin, let me emphasise some things. First, this is not "how to make extra money playing roulette". This is "how I make extra money playing roulette". There's so much luck involved that it really would be stupid of me to claim, or anyone to infer, that this is anything more than just me recounting my own experience. It's roulette for crying out loud! So please, don't go reading this and thinking you can do the same, guaranteed, and then get pissed off with me if you try it and lose money. I'll probably lose money one day. This is more a story about how I've managed to learn a bit of self-discipline, and have something statistically improbable happen to me along the way.

Right. Here goes. The PATH TO RICHES is paved with the following.

1. I play at bluesq.com.

I'm not "a roulette player". I play roulette using bluesq.com's livecasino. That's the only place I play it, and the only place I have played it the whole time. It's real roulette -- they've got webcams pointing at real tables in an Eastern European casino-cum-sweat-shop. None of this computerised theft going on.
2. I picked a number and stuck with it.

I bet on the same number every time. Every time. My number happens to be 11.

3. I picked a number in the middle row.

The middle horizontal row, that is. Numbers 2, 5, 8, 11, 14, ... you get the idea. And I already said which one I've chosen.

3.1 I didn't pick 2 or 35

I bet on 9 numbers at a time. It's not possible with 2 or 35.

4. I bet on 9 numbers at a time

I put a quid each on the corners of 11, and one on 11 itself. That's a 5 quid bet in total, covering 9 numbers, just under a quarter of the available numbers (there are 37 including 0).

5. I wait for the numbers to come in

If anything from 7-15 comes in the bet makes a profit. Each corner bet is a bet on 4 numbers: 7,8,10,11; 8,9,11,12; 10,11,13,14; 11,12,14,15. So here's what happens

  • A corner/odd number comes in (7,9,13,15): you get 4 quid profit, or 9 quid in total. The bet was on 4 numbers out of 36, after all (they don't count zero in the odds), and 36/4 is 9.
  • A side/even number comes in (8,10,12,14): you get 13 quid profit, or 18 quid in total. This is because 2 of the corner bets came in, paying £9 each.
  • 11 comes in: you get 67 quid profit, or 72 quid in total (with the stake back). This is because you win 4 bets which pay £9 = £36, plus 1 which pays £36.
6. I have a stake and an aim, and I (mostly) stick to them

I put in £20 each time, about 5 times a week. If I make four £5 bets and lose them, I don't chase: that's it for the day. If a bet comes in, I keep playing until I've either lost all the money or made £50 profit (ie, reached £70). Then I withdraw the cash. Do not chase losses! But do carry on reading, as, well, I don't so much chase winnings, but I do behave in a way that can make the possible profit be more than £50 a session...

7. I deviate slightly thanks to a bit of obsessive compulsive disorder

Amounts of money which don't end in 0 or 5 annoy me. So if I have, eg, £32 in the bank, I'll bet just £2 (expecting to lose it) before going back to the normal bet. Generally it'll be a quid each on two corners, covering all the numbers from 8 to 14, for example. £4 will be the four corners, £1 just 11, £3 the corners plus 11. You get the idea.

8. I'm slightly greedy, especially if drunk

On occasion I'll be a bit pissed off, or happy/flush, or drunk, and double up. So £40 in and not quite the normal bet doubled, but instead £1 on the 4 corners, the 4 edges, and £2 on 11 itself. If 11 comes in this bad boy pays out £170! But gambling like this doesn't happen very often -- thank goodness. It would backfire way more often than it pays out if I was doing it regularly, and what's more the corner numbers still only pay £9 so there's no profit made when they come in. The £5 bet on 9 numbers is much safer.

9. I'm also slightly greedy when sober

Numbers seem to come in more than once in 5 spins or so fairly often. Surprisingly so, to me, but there may be a good reason for it. Anyone know? Ah, I don't really care, just happy enough to have noticed it. So sometimes 11 has come in twice on the trot, in fact a few times. Knowing this, I don't tend to stop immediately I reach a £50 profit -- instead I let the OCD drive for a while and treat £70 as the new £0. Does that make sense? It means if I win on the first bet, for example, I end up having £82 in the bank after a win, I'll gamble £2 and then £5 and, well, sometimes it comes in, simple as that.

10. I'm really fucking bastard lucky

Seriously, look at this. How can the above possibly be a useful, sensible way of spending time and money? It's just luck. 11 has come in enough to make me an average profit. I play about 5 days a week, at different times (mornings, evenings, middle of the day, whatever). I stick to my guns, the deviations from the basics are tidy (number 7), tiny (number 9) or rare (number 8), and this is what has happened to me. Nothing more, nothing less. It's luck. Yes, betting on 9 numbers at a time feels "safe", and even appears to be, but IT'S ROULETTE!

11. I do the maths and don't gamble what I can't afford

I've made about £100-120 a month doing this. Compare that with the amounts I'm staking: I'm throwing in about £100 a week! It's a slow profit and it gets nervy, and I'm lucky enough that I can (at the moment) swallow a dry spell -- I frequently go days without winning anything, on one occasion a couple of weeks -- but when the wins come in they tend to be in the £70-120 range. Chasing losses would be catastrophic, and I've learnt/discovered the discipline and patience that has stopped me from doing so. I'm quite proud of that, given my gambling habits of old. It remains to be seen what happens when an inevitable month-of-shit comes along -- hopefully I'll slow down before it goes horribly wrong. Or maybe you'll see me in the gutter.

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