All the calculations and charts on this website will give
youpercentages.
This may be difficult to interpret.
To make the numbers 'more real' the following example is given as reference:.
Some times on a wheel, the same numer hits 2x in a row.
The chance of this happening is 1/37, or 2.5%
This actually is the same a the chance that 5x Red in a row occurs. It
happens!
If you are more risk averse. You can take the chance that
the samenumber hits 3x in a row: 1/37 * 1/37 = 0.07%
This actually is the same as the chance that 10x Red in a row occurs.
In conclusion all calculations done on this site are done in chance percentages. Losing 37x in a row is possible theoretically, the question is: what is the chance, and how realistic is it to happen given the chance.
So how to intepret the percentages given on this website
?
Any outcome of between 2% and 0.1% is unlikely to happen (equal to 5x
Red in a row).
So a strategy with a win% of more than 98% is pretty good.
Any outcome lower than 0.1% is very unlikely to happen (equal to 10x Red
in a row).
So ideally we find a strategy that has win% > 99.9%
Depending on how much risk you are happy to take, you can chose a different
threshold.
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