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Predicting the outcome of roulette

Started by wannawin, February 28, 2013, 07:58:46 PM

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wannawin

There have been several popular reports of various groups exploiting the deterministic nature of the game of roulette for profit.

Moreover, through its history the inherent determinism in the game of roulette has attracted the attention of many luminaries of chaos theory.


In this paper we provide a short review of that history and then set out to determine to what extent that determinism can really be exploited for profit.

To do this, we provide a very simple model for the motion of a roulette wheel and ball and demonstrate that knowledge of initial position, velocity and acceleration is sufficient to predict the outcome with adequate certainty to achieve a positive expected return.

We describe two physically realizable systems to obtain this knowledge both incognito and in situ.

The first system relies only on a mechanical count of rotation of the ball and the wheel to measure the relevant parameters.

By applying this techniques to a standard casino-grade European roulette wheel we demonstrate an expected return of at least 18%, well above the -2.7% expected of a random bet. With a more sophisticated, albeit more intrusive, system (mounting a digital camera above the wheel) we demonstrate a range of systematic and statistically significant biases which can be exploited to provide an improved guess of the outcome.

Finally, our analysis demonstrates that even a very slight slant in the roulette table leads to a very pronounced bias which could be further exploited to substantially enhance returns.

http://arxiv.org/abs/1204.6412
say things directly to show respect for other people's time. Walter.

wannawin

A pair of university researchers has managed to duplicate the efforts of Doyne Farmer, who as a graduate student in the 1970's devised a means for tilting the odds in favor of a gambler playing roulette at a casino using a small hidden computer that ran statistical and probability algorithms.

The two new researchers, Michael Small and Chi Kong Tse, describe their approach in a paper uploaded to the preprint server arXiv.

Because of this, Farmer has written a paper describing his own work which he has submitted to Chaos for publication.

http://phys.org/news/2012-05-pair-recreate-roulette-beating.html
say things directly to show respect for other people's time. Walter.

Ralph

Pls Do not paste, do paragraphs, I simply can not read it. To many (long) posts I do not read, due to massive block of text, space it in paragraphs.

[Moderator's Edit:  Quite right, Ralph. I've now spaced it out properly.    Wannawin -- please note for the future. Thank you. ]


Sputnik


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That is physics my friend, the only way to get advantage and an edge over the house.

wannawin

now I feel like I am posting for a newspaper. I will do the paragraphs.
say things directly to show respect for other people's time. Walter.