Roulette Bot Plus is a computer application which lets a gambler bet online using the Martingale betting method. The program lets you adjust the parameters of the bot to play the game for you. Punters set the program’s betting limits, then walk away and let the bot do the gambling for them. If this provides a legitimate way to gamble at an advantage, you can see how this would provide easy money for a person. If Roulette Bot Plus could make money consistently (“$600 a Day!”), a person could quit their job and never have to work a day in their life again.
Is It a Scam?
So the question which everyone asks is whether the Roulette Bot Plus is a scam. Can a computer program loading onto a computer install a mathematical betting method which beats the casino? The Martingale is a well-known progressive bet technique which has been known since the 18th century. It’s not particularly complicated, so a good programmer could create an application which applies its formula to gambling online with no trouble whatsoever. To answer the question then, we have to examine the Martingale system and see if it works.
The Martingale System
The Martingale system was devised by a Frenchman in the 18th century (or earlier) as a way to beat the house edge. It was meant to be used in 50-50 betting, when the payout is 1:1 and the odds are roughly fifty-percent that one side of the other wins. The method calls for a player to have a base wager amount. For our example, let’s say your basic bet is $5. At the start of a betting sequence, you wager five dollars.
Any time you win a bet, a new sequence starts over. Any time you lose, you double the size of the last bet. So if you wagered $5 and lost, then the next bet would cost $10. Let’s say you won the next bet. In this case, you will have wagered $10 and lost $5, but won back $10. You come out a $5 winner. If you had lost that $10 wager, though, your next wager would cost $20. Assume you win that bet. In this case, you would have wagered $20 and lost $15, while winning back $20. Once again, you would win $5 on the betting sequence.
Many Small Wins
No matter how far you extrapolate the betting sequence, if you applied the Martingale system until you won your wager, the sequence would end with you always pocketing $5. This sounds good, because it assures you always win five dollars, so long as you apply the Martingale system. The wins are small, grant you, but the important thing is the method seems effective. Have enough betting sequences (120) and you can see how you might win $600 a day playing the Martingale system.
One Huge Loss
As always, the Devil is in the details. In theory, the Martingale works, but the world is a practical place. Reality sometimes blots out theory. So far, the numbers we’ve discussed were $5, $10, and $20. These seem like reasonable bet amounts. But let us stipulate a string of losing wagers: four, five, six, even ten lost wagers in a row.
After four losses, the bet is $80. After five losses, the bet goes to $160. After six losses, the wager increases to a whopping $320. Take it all the way out to ten lost bets in a row and you have to gamble $5,120. Remember, at the end of this betting sequence, you’ll win back $5. Would you gamble $5000 to win $5? Before you answer that question, let’s look at this bet pattern from another perspective.
Many people would answer the last example by saying ten losing bets in a row is highly unlikely. That’s true. It is highly unlikely. You could go a long time before you would see luck that bad. The problem is, over the course of your gambling life, you’ll have those bad streaks. Eventually, you’ll have a set of losses so bad that you must consider wagering thousands of dollars to follow your theory.
The exponential nature of the gamble means you’ll have a lot of small winning sessions, along with a handful of massive losing sessions. You would have to have a lot of winning sessions in a row (over 1000 of them) to compensate for one 10-bet losing streak. Because the casino operates at a house edge, the math shows that you’re not likely to have one-thousand winning sequences before you have a 10-bet losing streak.
The Law of Averages
Once again, people might say that the law of averages states that you won’t have a 10-bet losing streak. Let says your 50/50 wager is on red/black and you bet “red” every time. You have to ask yourself whether black would come up 10 times in a row. That seems impossible. The law of averages states the red and the black should appear an equal number of times. After 5 or 6 losses, the odds that black is going to appear again start to become highly unlikely. Ten losses in a row seems astronomical.
In truth, the law of averages doesn’t exist. In roulette terms, the red and the black should appear a roughly equal number of times over a long period of time. If you spun the wheel a million times, the results would conform to probability pretty closely. If you spun the wheel a billion times, then the probabilities and results would be quite close. That doesn’t mean it’s going to happen in a small sample size of, say, ten spins. In a short span of time, roulette has all kinds of volatility. While it’s unlikely that ball will land on black ten times in a row, it’s not impossible. In fact, it’s going to happen. When it does, all your winning hands will be wiped out. You’ll lose your money, and you’ll lose it in a big way.
Gambler’s Fallacy
It’s fuzzy logic to fall into the fallacy that, because red hasn’t appeared in 5 or 10 spins, that means “red” is more likely to appear in the near future. Each spin of the wheel is a different matter entirely. Each time, the odds reset. You could have the ball land on black a hundred times and the odds would remain the same for the next spin. It’s the gambler’s fallacy that probability works some other way.
The gambler’s fallacy is why casinos have the electronic board which shows the last 10 to 20 spins of the wheel. People see the sequence and begin to see patterns. As soon as one of the 50/50 propositions starts to favour one side too much, you’ll see people flock to that particular table and begin to bet large amounts. Just remember that each new bet has the same odds as before. On that $5,120 wager where you hope to win $5, it’s still (just under) a 50% chance that you’ll win. A 50% chance exists you’ll have to make a $10,240 wager next time to win back the original $5.
Bet Limits – Risk of Ruin
Another reality intrudes into our theoretical math. Land-based and online roulette tables have bet limits at a table. For most games where a player can bet $5 per spin, it’s not that likely to see a max bet beyond $500 or $1000. In other words, if you lose 7 to 8 times in a row, you’re likely to reach the wagering limit. At this point, you won’t be able to wager enough to win the original $5 Martingale sequence. The method becomes useless to help you, if that’s what you call it. The theory can’t work in a live casino environment. It will for a while, maybe even a long while. Eventually, the gambler has a streak of bad luck and can no longer continue. Chasing bad bets is an awful idea in gambling, and so it is with the Martingale system.
The house edge in roulette is quantifiable. It’s known. If you play the European single-zero version with no other rules, the house edge is 2.70%. If you play the American double-zero version with no other rules, the house edge is 5.26%. No progressive betting system gets around that mathematical fact. Over time, the casino can expect to win back 2.7% of the wagers you make on roulette, under any circumstances. The Martingale allows you to put off the losing for a long time, but the odds catch up to you and you lose huge when they do.
Affiliate Marketing Scams
In truth, the Roulette Bot Plus product is an affiliate marketing scam. The only people making money off of this transaction is the vendor selling the Bot Plus software, the affiliate marketer who led you to that sell, and the casino which is playing against you at an advantage. While the RouletteBotPlus software works perfectly well, the gambling formula it uses is flawed. Apply it and you’re going to lose a lot of money.
The danger is that the flaw is unlikely to show up for a while. You could play every night for a week with the RouletteBotPlus and you could win money. Then you could run out and tell your neighbour and family and friends and boss about this amazing new product.
The chances are, only after they all buy this amazing product will it be revealed to you that it’s based on an illusion. Then everyone else who uses this misguided system would lose their money, too. The program will not help you quit your day job. It won’t make you a millionaire. In truth, it’s likely to cost you money, because you’ll wager with the confidence of a man (or woman) who can’t lose. So avoid the RouletteBotPro video, which is there to sell you their product.