Are Betting Shop Roulette Machines Random
Betting Shop Roulette Machines, Roulette Machine Tips. Roulette walks out cursing loudly, eyes bulging. But the betting industry roulette its market. Betting people are enthusiastic ladbrokes. Deprived areas are fobt, too. Machines everyone who plays the machines is poor or addicted. He appears to be losing, but his face is roulette. Dec 19, 2014 Auto roulette otherwise known as air ball roulette is able to chose number outcomes before or during ball launch (see patent) determined by a.
In the last issue you learned what roulette really is. To recap, it is not a table – the betting table has nothing to do with roulette. And the only real roulette consists of a roulette wheel and ball. Nobody has ever made a living by playing RNG (software) roulette because it cannot be beaten. But many players have earned a living by playing on real wheels. No casino will care about your style of play on RNG roulette, but certain styles of play at a real roulette wheel may cause them to watch you closely. This should tell you something.
If you are looking for a system that beats even RNG roulette (a slot machine), I’m sorry but you can only beat real wheels. You can certainly waste time trying though. Most people want to hear otherwise, but the truth isn’t always popular.
Anyway let’s get started on lesson 2 . . .
Is Roulette Really “Random”?
When the ball is released, it does many revolutions before losing momentum, then falls onto the rotor (the part with pockets). It may hit some of the metal deflectors along the way (diamonds). It may bounce all over the place, or barely bounce at all. And of course you never know the ball and wheel speed, right? So who knows where that ball will land. I mean it’s just all random, right? Well, forget what you think you know about roulette. Forget what you saw on TV from some TV presenter that has probably never spent more than a day learning about roulette and is perhaps just reciting what another similar “professional” said. Let’s have a close look at whether or not roulette really is “random” . . .
The basic definition of random is “Having no specific pattern”. So does roulette really have no specific pattern?
The fact of the matter is nothing ever has “no specific pattern”, so nothing is “random”. People call things “random” when they don’t see or understand the “cause and effect”. In other words, events occur because of the variables that cause the event to happen. In the context of roulette, the roulette ball lands where it does because of real physical variables such as ball release speed, ball physical properties, wheel (rotor) speed and so on. This should be obvious, so the question is not whether or not roulette is “random”, but more whether or not we can determine the variables and predict the winning number with sufficient accuracy to overcome the casino’s “unfair payouts”.
Remember, the house edge is only a very small “unfair payout”, so you only need slight accuracy of predictions to overcome it and beat the casino in the long term.
Before I continue, remember my explanation of what the “house edge” is:
If you bet on number 32 for 37 spins, statistically you will win once where you are paid 35 units plus the original unit you wagered. So after 37 spins, you are left with 36 units. Now this is the critical part to understand . . . If the payouts were FAIR, the payout would be 36-1 which means that after the 37 spins, you would be left with 36 units + the 1 unit you wagered, which means you have broken even. |
Having no accuracy of predictions (random) is a 1 in 37 prediction accuracy. So to break even, you need to achieve a 1 in 36 prediction accuracy. And to finally turn the odds in your favour, you need to predict where the ball will land with only 1 in 35 spins. This is easy to achieve.
In terms of player edge, it is incredibly easy to get a 3% edge with roulette – even on wheels other so-called professionals say are impossible to beat. If you think 3% is small, consider the casino’s edge against players is 2.7% and they make millions from it. Now take into account my full system will give you an edge between 5% to 30% on about 1/3rd of wheels, then you can understand why I tell players “the only limit to what you earn is what you can win without being noticed”. The free methods I’m teaching you in this course have indeed won millions, but they are still no comparison to my full methods in terms of effectiveness and practicality. Specifically the full system is much more accurate, and much easier to learn, and much easier to use. The automated software does the hard work for you as explained on my site. To become a player of my full methods, see www.roulettephysics.com/purchase/
A fixed odds betting terminal (FOBT) (pronounced 'fob'-'T') is a type of electronic slot machine normally found in betting shops in the United Kingdom and introduced in 2001. The terminals allow players to bet on the outcome of various games and events which have fixed odds, with the theoretical percentage return to player (RTP) displayed on the machine by law.[1] Like all casino games, the 'house' (i.e. the betting shop) has a built-in advantage. Typically, slot machine FOBTs have an RTP of 90% to 94% depending on the chosen stake, and standard roulette FOBTs have a long-term average RTP of 97%.
The most commonly played game is roulette. The minimum amount wagered per spin is £1 and the maximum is £100. The largest single payout cannot exceed £500 and this can limit the wager size e.g. the maximum wager on a single number on roulette at odds of 35:1 is £14.[2]Token coins can be of value as low as five pence in some UK licensed betting offices (LBOs).[citation needed] Other games include bingo, simulated horseracing and greyhound racing, and a range of slot machine games. There are plans to reduce the maximum bet to £2 per game because the terminals allegedly lead some players into problem gambling.[3]
- 2Legislation
- 2.1United Kingdom
Machines[edit]
FOBTs typically include a touchscreen and a slot for depositing cash. The major hardware manufacturers for the UK market are Scientific Games Corporation and Inspired Gaming.[4]
Legislation[edit]
United Kingdom[edit]
Under current UK legislation, these machines are allowed to offer content classed as Category B2, Category B3 as well as Category C content. The main article tabulates the legal maximum stakes and payouts.
Shops are allowed up to four terminals, although this number also includes traditional slot machines. Most shops favour the new FOBTs over the traditional slot machines. The Gambling Commission reports that there were 33,319 FOBTs in Britain's betting offices between October 2011 and September 2012.[5]
FOBTs have been criticised due to the potential for addiction when playing the machines. They have been dubbed the 'crack cocaine' of gambling by critics.[6][7] In response to this criticism, in 2014 bookmakers represented by the Association of British Bookmakers introduced the facility for customers to set time and money limits when using FOBTs.[8] In October 2017, the Department for Digital, Culture, Media and Sport began studying the possibility of reducing the £100 maximum bet limit[9] and a decision was made in May 2018 to limit the maximum bet to £2.[10] This new maximum bet limit came into effect on 1 April 2019, despite bookmakers stating they are likely to close many shops after its introduction. In July 2019, William Hill announced plans to close 700 shops as a result of the legislation.[11]
Scotland[edit]
As a result of the Scottish Referendum on Independence on 18 September 2014, The Smith Commission convened, led by Lord Smith of Kelvin KT. On 27 November 2014 the Report of the Smith Commission for further devolution of powers to the Scottish Parliament was published.[12] Page 22 under the heading 'Betting, Gaming and Lotteries' states 'The Scottish Parliament will have the power to prevent the proliferation of Fixed-Odds Betting Terminals'. All five main parties (SNP, Greens, Conservative, Labour, Liberal) agreed the terms of the report. Devolution of this power to the Scottish Parliament will be enacted through the UK parliament in due course. Page 11 of the report states: 'The UK government has undertaken to produce draft clauses implementing' ... this and ... 'will publish these clauses by 25th Jan 2015'.
Northern Ireland[edit]
There are over 900 FOBTs in operation in Northern Ireland, but campaign group Fairer Gambling argues that they may not be legal under Northern Irish law, as the Gambling Act 2005 only applies in England, Wales and Scotland. In 2015 the Department for Social Development said that only a judge could rule on their legality.[13]
Republic of Ireland[edit]
A 2008 betting review in the Republic of Ireland ruled that the machines should not be introduced in Irish betting shops but would be allowed in casinos.[14]
Money laundering[edit]
It is claimed FOBTs are used for money laundering by paying cash into the terminal, making low-risk bets which involve a small relative loss, and withdrawing most of the proceeds as a voucher which is exchanged for cash at the shop counter.[15] Changes in the UKGC regulators code have sought to eradicate the potential for money laundering.[16]
See also[edit]
Roulette Slot Machine
References[edit]
Are Betting Shop Roulette Machines Random Game
- ^http://www.gamblingcommission.gov.uk/for-gambling-businesses/Compliance/Sector-specific-compliance/Arcades-and-machines/Gaming-machine-categories/B2-gaming-machines.aspx%7C
- ^Bowers, Simon (9 May 2005). 'Roulette machines blamed for rise in gambling addiction'. The Guardian. Retrieved 9 November 2009.
- ^Maximum stake for fixed-odds betting terminals cut to £2The Guardian
- ^FOI request to Gambling Commission https://www.whatdotheyknow.com/request/fixed_odds_betting_terminals_2
- ^Gambling industry statistics April 2009 to September 2012 http://www.gamblingcommission.gov.uk/pdf/Industry%20Statistics%20-%20June%202013.pdf
- ^Coyle, Simon (25 January 2013). 'Rochdale stakes £72m on gambling machines'.
- ^'Roulette machines: the crack cocaine of gambling'. The Guardian. 27 May 2013. Retrieved 27 May 2013.
- ^BBC News https://www.bbc.co.uk/news/uk-26378026
- ^Cheetham, Joshua; Palumbo, Daniele (31 October 2017). 'Bookies brace for possible sales hit'. Retrieved 1 November 2018 – via www.bbc.co.uk.
- ^'Betting machine stakes cut to £2'. 17 May 2018. Retrieved 1 November 2018 – via www.bbc.co.uk.
- ^Davies, Rob (2019-07-04). 'A quarter of UK betting shops could close, with 12,000 jobs at risk'. The Guardian. Retrieved 2019-07-06.
- ^'The Smith Commission'. The Smith Commission.
- ^'Only judge can decide on legality of raft of NI betting machines'. www.newsletter.co.uk.
- ^'Gambling committee chief opposes betting machines'. The Irish Times. 10 October 2008. Retrieved 9 November 2009.
- ^The Guardian, 9 November 2013, The gambling machines helping drug dealers 'turn dirty money clean'
- ^UKGC: Licence conditions and codes of practice