Hi dear roulette enthusiasts,
Given my professional experience in quantitative trading for the financial markets along with my deep interest in the roulette game and challenge, I hereby post some basic thoughts of mine for your consideration, analysis and discussion based on the forum's general high level of experience and expertise.
1. What type of roulette
I believe that the most robust and backtestable (backtesting is a common concept in algoritmic quantitative trading and easily applicable to roullete dynamics, please google) roullete type is the automatic real mechanical roulette wheel. In other words, the roulette wheel that you can actually see it yourself live at a casino venue however there is no human dealer involved and the spin is originated automatically by a specified mechanism. In such a roulette wheel, the statistical phenomenon whose dynamics the player is trying to predict and thus generate a positive performance are most controlled and unbiased.
The human dealer roulette could be hugely biased by the dealer's style and "hand" and since after a short time, dealers change and new ones come into the scene of the same roulette wheel, the general environment of the experiment is unstable and prone to biases.
Regarding the electronic roulette wheels where numbers sequences are based on computer random generators etc, I believe that by no means should any educated player trust the results of a strategy based on such number sequences; sophisticated algorithms tend to suspiciously favour winnings just at the right time only for players to feel good enough to visit a real casino and face the hard truth of real statistical anomalies under a well structured chaos.
Given my professional experience in quantitative trading for the financial markets along with my deep interest in the roulette game and challenge, I hereby post some basic thoughts of mine for your consideration, analysis and discussion based on the forum's general high level of experience and expertise.
1. What type of roulette
I believe that the most robust and backtestable (backtesting is a common concept in algoritmic quantitative trading and easily applicable to roullete dynamics, please google) roullete type is the automatic real mechanical roulette wheel. In other words, the roulette wheel that you can actually see it yourself live at a casino venue however there is no human dealer involved and the spin is originated automatically by a specified mechanism. In such a roulette wheel, the statistical phenomenon whose dynamics the player is trying to predict and thus generate a positive performance are most controlled and unbiased.
The human dealer roulette could be hugely biased by the dealer's style and "hand" and since after a short time, dealers change and new ones come into the scene of the same roulette wheel, the general environment of the experiment is unstable and prone to biases.
Regarding the electronic roulette wheels where numbers sequences are based on computer random generators etc, I believe that by no means should any educated player trust the results of a strategy based on such number sequences; sophisticated algorithms tend to suspiciously favour winnings just at the right time only for players to feel good enough to visit a real casino and face the hard truth of real statistical anomalies under a well structured chaos.
