Using Doubling bets With Red and Black Bets

M

Mike_25

Guest
Can doubling bets on red/black following a loss improve your chances of winning on the next spin? I believe it helps marginally assuming the roulette is fair. The probability of red/black remains almost the same (47%-53%) on each spin regardless of previous spins, so betting more following a loss seems logical to recover losses faster. However,this approach risks losing money faster too if luck isn't on your side. Players must decide their risk tolerance and maximize gains by quitting while ahead.
 
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