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While the vast majority of players never make it big playing roulette, every now and then there is somebody who figures it out and makes out like a bandit. One of these players was a man named Joseph Jagger. Joseph Jagger in a short time was over five-million dollars by destroying the Monte Carlo Casino.
Joseph Jagger knew that it was possible for roulette wheels to develop biases. He hired six people to track the results of roulette spins of the wheels at the Monte Carlo Casino. Data was collected for an extended period of time. Once Jagger had analyzed all of the data he noticed that a few numbers came up enough for it to be more than a simple statistic anomaly.
Jagger found the knowledge that would make him a millionaire, he found a biased wheel. One wheel at the Monte Carlo had a bias for numbers 7, 8, 9, 17, 18, 19, 22, 28, and 29. These numbers won more often that they should. Jagger then did what was believed impossible. He went to the casino and took it for nearly everything it had.
It was July of 1875 when Jagger took his seat at the biased wheel and put a bet down on the number seven. It was only a matter of time before Jagger had made a name for himself. Jagger possessed what every roulette player wishes they possessed a mathematical edge.
Jagger didn’t stop, he returned to the casino for several consecutive days. Every day he went in was a day that he won. However the situation soon escalated, gamblers began to replicate his method repeatedly betting on the number seven.
The casino out of desperation decided to shuffle the wheels; all of the wheels were moved and relocated. This was done in hopes of throwing Jagger off of his track. This ploy, at least for a little while worked just fine for the casinos.
Jagger however did not spend over a year analyzing data only to be fooled by a table swap. Jagger had cleverly inscribed the correct table with a unique scratch. After a bad day or two he searched the wheel for the scratch and when he did not find it he knew the tables had been swapped. He shortly found the scratched wheel and quickly began winning once more. The casinos then had to one up him again, they began switching and disguising the tables several times on a daily basis.
Jagger’s famous run was then over. Once he realized that he could no longer track the table he packed his bags and left town to never return. He however did take over five-million dollars of winnings with him. The stories of Jagger to this day motivate and inspire gamblers across the world. Perhaps you will be the Joseph Jagger of online roulette.
It’s not realistic to aim for similar results to Joseph Jagger when you play online roulette but you should be aiming to play it at the best casinos. The Online Roulette King can help you distinquish the best casinos, just follow this link: http://www.onlinerouletteking.com
There is one thing that will destroy you if you are not careful. I’ve seen this one thing completely annihilate the bankrolls of new players to online roulette studs. It doesn’t matter if you have been around forever, or if you are just starting out.
The thing you must be fearful of is called The Gambler’s Fallacy. The Gambler’s Fallacy is the number one cause for many gamblers downfalls. The Gambler’s Fallacy is nothing new either; it has been around for as long as mankind has been making bets.
To give you a quick idea of what The Gambler’s Fallacy is imagine that the ball of a roulette wheel has landed on odds several times in a row. Somebody suffering from The Gambler’s Fallacy would then begin betting on evens thinking that the ball is now more likely to land on evens because it has landed on odd so many times already.
The notion that the table remembers what the last spin was is entirely incorrect. The table isn’t concerned with what the last result was, the odds are always consistent. The table does not remember a thing; the only thing that really matters is the math.
What makes The Gambler’s Fallacy so deadly is that if somebody who is not versed in mathematics looks at a simple version of the odds it would appear that there is no fallacy. The math would indicate that no such fallacy exists.
To demonstrate what I mean I’ll give you two examples, one example showing why it might look like there is no fallacy. I will then give another example going deeper into the odds to show that The Gambler’s Fallacy exists for a reason.
Imagine that there is no zero at an online roulette table. This would mean that there is a 50% chance of landing on black, now the odds of a ball landing on black twice in a row is smaller than 50%, and the odds of it landing on black three times in a row is even smaller. So on the surface it looks like the more times it lands on black the less likely it is to land on black again. However if you look deeper the odds of the ball landing on black three times and then red one time matches up with the odds of the ball landing on black four times.
I hope that you now have the tools to never fall prey to The Gambler’s Fallacy ever again. There is nothing that will kill a gambler faster than believing in this fallacy. If you want to do well at online roulette you must understand how The Gambler’s Fallacy works and how it will steer you wrong.
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