Casino Answer Man: Betting streaks yield the same house edge - Press of Atlantic City: Gambling

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Casino Answer Man: Betting streaks yield the same house edge

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Posted: Wednesday, June 19, 2013 3:30 pm

Q. I teach statistics and probability at a community college, so my brother-in-law was asking me about betting systems. He showed me a book in which the author claimed the way to beat baccarat was by betting streaks. The BIL wanted to know if he could apply that to roulette, maybe starting to bet on black after it won twice in a row, then getting off after a loss and staying off until some other even-money bet won twice.

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