Hello,

today I came across a very interesting roulette strategy that I will share with you guys. If you do not want to read, you can just watch this video:

In the beggining you choose a colour that you are going to bet on: BLACK or RED. You then bet 1€ (or $) on RED (let's say you chose red). If RED falls and you win, you bet 1€ next round again. If BLACK falls, you have to invest 2€ next round. If you lose the next round again, you invest 4€, etc.

Example:

Spin 1: We bet €1 on RED, ball stops on BLACK, so we lose €1 (profit - €1).

Spin 2: We bet €2 on RED, ball stops on BLACK, so we lose €2 (profit - €3).

Spin 3: We bet €4 on RED, ball stops on BLACK, so we lose €4 (profit - €7).

Spin 4: We bet €8 on RED, ball stops on BLACK, so we win €8 (profit €1).

Spin 5: We bet €1 on RED, ball stops on BLACK, so we win €1 (profit €2).

Spin 6: We bet €1 on RED, ball stops on BLACK, so we win €1 (profit €3).

What the heck? How can this be a losing strategy? I've been using this on William Hill for the last 15 minutes and won 30$, but afraid to keep on going because I do not have a large bankroll.

Comment on this, guys D: