aye, thats why the quotes.
However, if you are aiming for a certain amount, with a practically infinite pot (or at least much larger), then these give you a systematic way of betting until you amass the number of wins needed to get that amount.
Unfortunately the amount you get each win must be much less than your pot, or the casino maximum, and if the casino minimum is 1/100 of the maximum, then a run of 7 scuppers you, which will happen 58.9% of the time in 100 spins. To make a profit after one of these runs you need to have won 64 times before this happens (since you cant place the 7th bet for 128 times the minimum, and have just lost a bet for 64 times the minimum).
I cant do the calculations for that, but whatever happens the house edge comes out unchanged in your expected final profit.
( Tedium Alduce me to interlow myself., Sat 9 May 2009, 23:17, Reply)