So what's the catch?
 

If something sounds too good to be true then it usually is!

Make Money The Easy Way

I've tried the method on a free table and it works, but has anyone actually tried this and had a successful payout?

The catch is the green 0 on roulette.

The system works on a pure 50/50 bet which was why roulette wheels have a green 0 so you don't have a 50/50. :)

even worse odds is American Roulette as they have 00 as well reducing your odds even further

Point taken. However when I tried it out earlier I only hit the green 0 once in about half an hour, and by the time i'd finished I was "up" by a fair amount.

Looking at European Roulette - Play European Roulette Online at Ladbrokes Casino it would seem winning on Red / Black is a 1:1 payout, which I (and I'm no gambler) take to mean for each £1 stake, you get your stake back plus £1.

So
Bet red £1, lose (£1 down) win (stake back +£1, so £1 up)
Bet red £2, lose (£3 down) win (stake back +£2, so £1 up)
Bet red £4, lose (£7 down) win (stake back +£4, so £1 up)
Bet red £8, win (stake back +£8, so £1 up).

So each time you win, you win a whole £1 (regardless of what level you win at), so you need to put in a lot of bet runs per day to make it worth while. Then there is always the chance of hitting a run of red/blacks/green to the point where you exceed the credit limit or run of stake cash before you get your win back.

Given that the site owners are keen for you to go to the listed sites through their links, I guess they're on commission.

The catch is the bet limit. Eventually you will hit a run against you that will walk you into the maximum wager on the wheel and then you are stuffed because you can't double up again. The way this site makes its money is through the affiliate links to the casino sites. As for the suggestion that you donate some of your first days winnings well that would probably happen. That is to say that using this system you probably would win on the first day.

Milo, Imlach and I had a massive thread about this a few years back as I fully investigated the possibility of this system. My conclusions are the same; you probably would make money doing this tonight, this week and possibly even this night. If you want to make a quick £500 then give this system a go and if you succeed NEVER try it again. However, make a habit of using this system and you will lose in the long run. The green zero and the bet limit absolutely assure it. You might not think you'll ever see a run of 15 or 20, or 25 blacks in a row but it will happen soon enough. I played circa 15,000 hands of poker a week and have seen things so improbably it would make your eyes bleed.

It's called the Martingale System, and as Saxo Boy says, it doesn't work in the long run. You hit the table limit due to a longer than expected run of one colour over the other.

Try flipping a coin thousands of times, and eventually you'll see heads or tails come up numerous times in a row.

I actually sat and did that for hours at the time of the thread I mention above and logged the longest consecutive runs. IIRC at hit runs of 15 in a row pretty quickly.

aaah so if you wager 1 you would a need a run of 9 same colour against you to muck it up

if you go 10 you only need 5 to fall

so 1 is safest bet but money moves up too slow
so who has made any real money out of this site then

also by my nature I wonder if digital tables are honest surley it would esy to fix an online table any incidents of this happening?

theres no need to fix a roulette wheel...it makes money fine as it is!

Its like all gambling - the ones who win overall are the bookies / casino / website etc.. Look at the payout rate on an average fruit machine - about 70% IIRC - which means on average for every £10 you put in you'll lose £3.

Gambling works by making the punter think that 'this time' they will beat the odds and win a fortune, which is possible if you only gamble very occasionally, but the more you do it, the more likely you are to lose a percentage in the long run.

Only real way to win is to play something like Poker against people who are much worse at it than you - any game where you are playing against the casino will see you lose in the end.

I wish that was true, I hate playing against people who dont have a clue what theyre doing, they play with hands they should have folded and end up hitting some flukey card on the river. Does my head in, Id much rather play with a well experienced player.

Incorrect.

The ONLY way to win is to own the betting shop ;)

Who can remember the ladbrokes ''scam'' a couple of years back? It was on the majority of car forum sites. Think i got around £250 from it before they closed it down. You were guaranteed to win.

This 1 intrigues me though as....

''Make a deposit and start playing for real. We recommend a minimum deposit of £60 -£80. At the moment 32Vegas is running a promotion where they will top up your first deposit by 320%. So a £80 deposit will give you an opening balance of £256 to play with.

You can withdraw your initial deposit at any time.''

Surely wager the £80, receive the additional £176 from the casino, take out your initial £80 and play with ''free money''

If you lose then fine, you haven't lost anything but if you win you could be up quite a bit if the system works?

True, all you lose is time.

Which is money ;)

Also, are there any rules to state that you cant withdraw the additional £176 they have given you?

I would imagine you would have to stake it a few times, but if the system works and you only break even then you could surely withdraw their bonus after x amounts of gambles.

Do this enough times and you would be up £176 every time :D (assuming you break even and dont win nor lose)

Yer I remember that one :) Made a couple of hundred from memory.

Nearly all (if not all) bonus schemes require you to make a significant amount of stakes before the bonus is released. I also very much doubt they will allow you to withdraw your initial deposit and then hit the tables with the bonus money.