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  2. Labouchère system - Wikipedia

    en.wikipedia.org/wiki/Labouchère_system

    The Labouchère System is meant to be applied to even money Roulette propositions such as Even/Odd, Red/Black or 1–18/19–36. When any of these bets are made in the game of Roulette, a spin resulting in a "0" or "00" results in a loss, so even though the payout is even money, the odds are clearly not 50/50.

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  4. Martingale (betting system) - Wikipedia

    en.wikipedia.org/wiki/Martingale_(betting_system)

    With a win on any given spin, the gambler will net 1 unit over the total amount wagered to that point. Once this win is achieved, the gambler restarts the system with a 1 unit bet. With losses on all of the first six spins, the gambler loses a total of 63 units. This exhausts the bankroll and the martingale cannot be continued.

  5. Online casino - Wikipedia

    en.wikipedia.org/wiki/Online_casino

    Also known as software-based online casino games, the outcome of these games is determined using a pseudorandom number generator (PRNG) software. This software ensures that every deal of the card, the outcome of a dice throw, or the results produced by the spinning of a slot machine or roulette wheel is totally random and unpredictable.

  6. Casino game - Wikipedia

    en.wikipedia.org/wiki/Casino_game

    The standard deviation of a simple game like roulette can be calculated using the binomial distribution. In the binomial distribution, SD = , where n = number of rounds played, p = probability of winning, and q = probability of losing. The binomial distribution assumes a result of 1 unit for a win, and 0 units for a loss, rather than −1 units ...

  7. Richard Jarecki - Wikipedia

    en.wikipedia.org/wiki/Richard_Jarecki

    Richard Wilhelm Jarecki (December 1, 1931 – July 25, 2018) was a German-born American physician who won more than $1 million from a string of European casinos after cracking a pattern in roulette wheels.

  8. Online gambling - Wikipedia

    en.wikipedia.org/wiki/Online_gambling

    In 1994, Antigua and Barbuda passed the Free Trade & Processing Act, allowing licences to be granted to organisations applying to open online casinos. [9] Before online casinos, the first fully functional gambling software was developed by Microgaming, an Isle of Man-based software company.

  9. Roulette - Wikipedia

    en.wikipedia.org/wiki/Roulette

    Roulette ball "Gwendolen at the roulette table" – 1910 illustration to George Eliot's Daniel Deronda. Roulette (named after the French word meaning "little wheel") is a casino game which was likely developed from the Italian game Biribi. In the game, a player may choose to place a bet on a single number, various groupings of numbers, the ...

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