The Buried Life Season Finale - Monday, Nov. 'MAKE A MILLION DOLLARS' The Buried Life prepare to make the biggest Roulette spin in Vegas history. The Buried Life prepare to make the biggest Roulette spin in Vegas history. Everywhere they go they ask the question: It has life confirmed that The Buried Life will not be returning for railway roulette third season, but the boys are working with MTV on spin new project. The Buried Life is a company formed by the university students from Canada.
One of the most popular casino table games ever devised, roulette has entertained gamblers worldwide since the early 18th century.
During the game’s slow evolution — spreading from France across Europe and into the New World within 100 years’ time — roulette has taken on a mysterious air among casual players. Wagering on the whims of a spinning wheel is gambling distilled to its very essence, so players who love the game have been left to fill in the proverbial gaps.
Systems and strategies have emerged in hopes of “solving” roulette, despite the wheel’s status as the ultimate game of chance. Casino operators have parlayed roulette’s popularity into promotional stunts, pledging to accept massive action on record-setting spins.
And a few brave souls have dared to dream, exploiting flaws in the wheel imperceptible to mere mortals before betting the farm on their perceived edge.
Below, you’ll find five of roulette’s best-kept secrets, so read on to brush up on essential expertise every roulette specialist should know. And don’t forget to check out our game guide for roulette.
1 – Progression Betting Systems like the Martingale Are Junk Science
Martingale. D’Alembert. Labouchere. Fibonacci.
No, these aren’t the names of fancy European sports cars. They’re various progression betting systems purporting to give players better odds of winning at roulette.
Perhaps the most famous of all progression betting systems, the Martingale is usually where roulette novices begin their introduction to these pseudo-strategies. When using the Martingale system, bettors are tasked with nothing more difficult than doubling the previous wager after a loss.
This doubling progression continues throughout the duration of a losing streak until a winning play is finally made.
As advocates of this system claim, the Martingale approach ensures that a gambler will always clear a profit when they wind up winning just one bet.
And true enough, mapping out a Martingale betting system does indeed show that the player will wind up in the black when they finally turn a winner.
Let’s imagine you’ve bet $1 on the next roulette spin landing on black. The ball finds a red space, however, so your bet is scooped up by the croupier. From here, a Martingale bettor would simply double their next bet to $2 on black, and if it hits, they wind up with a profit of $1 ($2 payout – $1 in previous losses = $1 profit).
Roulette Spins Data
As you can probably tell by now, the Martingale system always produces a $1 profit on the winning wager, even if comes on the heels of a long losing streak. Knowing this, unscrupulous casino game “strategists” use Martingale betting to trick unsuspecting players into believing they can beat the game.
After all, even small profits like a single dollar can add up if you never lose.
The only thing is, Martingale bettors can easily lose everything they bring to the roulette table.
Because you need to double the bet after every successive loss, it only takes a losing streak of a few spins to force the ante much higher than your original bet.
Check out the table below to see how the standard minimum roulette bet of $5 can escalate for Martingale players.
Martingale Bet Requirements on $5 Roulette
| Spin | Bet |
|---|---|
| 1 | $5 |
| 2 | $10 |
| 3 | $20 |
| 4 | $40 |
| 5 | $80 |
| 6 | $160 |
| 7 | $320 |
| 8 | $640 |
| 9 | $1,280 |
| 10 | $2,560 |
| 11 | $5,120 |
| 12 | $10,240 |
As you can see, it only takes five losing spins in a row for a $5 bettor to need $160 on their sixth spin. If you can stomach the thought of betting $160 to win $1, so be it, but the Martingale’s fatal flaw can be observed after only 11 straight losing spins.
Following your 11th loss in a row, you’d need to bet $10,240 in order to recoup that $1 profit. Unfortunately for Martingale bettors, the highest maximum bet limit accepted on Las Vegas roulette tables tops out at $8,900.
And therein lies the rub.
If you can’t wager enough to cover your previous losses, the Martingale betting progression becomes null and void.
The same goes for the D’Alembert, the Labouchere, the Fibonacci, and all the other progression betting systems out there. Roulette is a game of chance, so no matter how you size your bets, you’ll always be up against the house’s inherent edge.
Betting systems might delay the inevitable, but in the long run, roulette players can’t escape the game’s negative expected value (EV).
2 – Pattern Tracking “Strategies” Are Useless, Too
This should go without saying, but you’d be surprised at just how many roulette players out there believe patterns in previous numbers dictate where the ball will bounce next.
The human brain is hardwired to detect patterns, which suits us just fine while trying to navigate through the natural elements. Pattern-tracking provides people with the basis for scientific discovery, so it’s only natural for gamblers to assume this skill can help them excel at the casino.
This propensity for pattern-tracking is why every roulette table you’ll ever find features a large tower showing off the results of previous spins. As you can see from the tower in the photo below from Planet Hollywood casino, the wheel hit 17-black on the last spin but fell on red numbers (25, 30, 21, 19, 7, and 36) in the six previous spins.
Seeing that six of the last seven spins have hit red, many recreational roulette players will naturally fire their next bet on black based on their belief that things will “balance” out.
Another way of putting this idea is that black is “due” to hit next because red has shown up more often than the nearly 50/50 odds would dictate.
Unfortunately for folks who mistakenly believe in pattern-tracking, this theory has been well-documented for centuries as the “Gambler’s Fallacy.” Simply put, the Gambler’s Fallacy describes the belief that, when an event happens more often than probability suggests, it will happen less often down the road to compensate (and vice versa).
You’ll find hundreds of self-styled roulette experts who espouse pattern-tracking techniques while hawking strategies and systems, but as is the case with progression betting, what sounds too good to be true never is.
3 – The Largest Roulette Bet in Las Vegas History Was Filmed for an MTV Reality Show
Las Vegas is known as the land of gambling legends, with characters like Nick “The Greek” Dandalos and Archie Karas coming to Sin City and minting themselves millionaires in short order.
And that’s exactly what the cast of MTV’s reality show “The Buried Life” tried to do on October 11, 2010. The show — which revolved around the idea of four young men scratching adventures off their collective “bucket list” — arrived in Downtown Las Vegas to make gambling history at the Golden Gate Casino.
If successful, the foursome would turn $125,000 into $1 million on three straight successful even-money roulette spins.
Here’s how Derek Stevens, owner of the Golden Gate Casino, described MTV’s bold roulette gambit:
“I was surprised because I thought that one of the MGM properties or the Palms or Hard Rock would have done it. Because we’re a small place, no one thought we’d be interested but I jumped at the opportunity!
I figured we have the oldest [venue] in all of Las Vegas and this would be a great opportunity to publicize our total renovation.
We put the MTV crew up for a few days and eventually we got to the ‘Big Spin.’ The boys were obligated to bet $125,000 on an even money roulette bet and parlay it three times. The Golden Gate was obligated to take the bets as they kept winning.”
Beginning with a $125,000 bet on red, the boys doubled up to $250,000. From there, they decided to switch allegiances to black, and while the six-figure wager wound up losing, they beat the previous record for largest roulette bet in Las Vegas history by $30,000.
4 – You Can Cut the House Edge in Half on “La Partage” Tables
One of the best secrets to know about roulette is the “La Partage” (French for “the divide”) rule.
Certain single-zero European tables apply La Partage to even money bets, paying players back half their wager when the wheel finds the “0” space.
As a result of this rebate, the house edge on French roulette tables using La Partage falls from 2.70% to 1.35%.
You’ll find La Partage gameplay offered at the following casinos.
French La Partage Roulette Tables in Las Vegas
| Casino | Table(s) | Minimum | Maximum |
|---|---|---|---|
| Aria | 1 | $50 | $1000 |
| Bellagio | 2 | $50 | $1000 |
| Encore | 1 | $100 | $5000 |
| Mandalay Bay | 2 | $50 | $500 |
| MGM Grand | 2 | $25 | $1000 |
| Mirage | 2 | $100 | $1000 |
| Wynn | 1 | $100 | $5000 |
5 – Biased Wheel Experts Have Managed to Beat the House at Its Own Game
This one you just have to see for yourself…
Watch below a documentary on biased wheel detection from the History Channel’s “Breaking Vegas” series.
As a teaser, the Spanish team profiled in the doc turned $2,000 into $1 million by spotting a biased wheel at the Casino Gran Madrid.
Conclusion
For gamblers in the know, there’s nothing quite like the feeling that comes when you play casino games better than the crowd. Insider knowledge and access to certain secrets is what separates the best players from the rest of us.
Now that you’ve learned the five insights listed above, you’ll be ready to play roulette like a true expert.
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