This method has been written assuming that the machines are random, and is for the Key Bet roulette game found in Coral and Ladbrokes betting shops.
I will explain the maths and the best method to get the pots and what the minimum value should be in order to make a profit. If you deviate from this method, then the odds will change.
This is a simple method that requires no more than patience.
This is a simple method that requires no more than patience.
Overview:
Minimum bet per spin: £5.75
Return per spin: £0, £6 or Key Bet
Minimum pot value: £102
Maximum time to get pot: 3h 48m
I'll break down the maths and betting pattern further down, but you may be thinking that the £102 pot value is too low. As the machine is fairly new, the pots have all increased at roughly the same rate. I think they initially started at £60, but once they pay they can return to below £5 depending on the value of the reserve pot.
Many in built up areas are over £200, with the average seeming to be around £100-£120 for most of the ones I check.
The minimum pot value of £102 is what, in a long term strategy, should be the cost of getting each pot. Of course, I doubt you'll want to sit on a Key Bet machine with a pot of £102 as statistically it will take nearly four hours to break even.
The best amount is probably £200 and above, but you can use your discretion on that one. You might find you prefer to use this method to try for one Key Bet, then leave whatever the outcome.
Minimum bet per spin: £5.75
Return per spin: £0, £6 or Key Bet
Minimum pot value: £102
Maximum time to get pot: 3h 48m
I'll break down the maths and betting pattern further down, but you may be thinking that the £102 pot value is too low. As the machine is fairly new, the pots have all increased at roughly the same rate. I think they initially started at £60, but once they pay they can return to below £5 depending on the value of the reserve pot.
Many in built up areas are over £200, with the average seeming to be around £100-£120 for most of the ones I check.
The minimum pot value of £102 is what, in a long term strategy, should be the cost of getting each pot. Of course, I doubt you'll want to sit on a Key Bet machine with a pot of £102 as statistically it will take nearly four hours to break even.
The best amount is probably £200 and above, but you can use your discretion on that one. You might find you prefer to use this method to try for one Key Bet, then leave whatever the outcome.
Maths breakdown:
12 sections on Key Bet wheel x 38 sections on the main roulette wheel.
12 x 38 = 456. 456/1 is the odds of hitting the Key Bet pot. 38/1 is the odds of hitting any value on the Key Bet.
At maximum playing speed the law allows for no more than two spins per minute. So, 456 spins divided by 2 gives the amount of minutes.
456/2 = 228. 228 minutes = 3h and 48m.
So, that's your time and the odds of hitting the Key Bet pot.
The betting layout requires you to cover 31 numbers, including the Key Bet. Place the minimum of £1 on Key Bet and 25p covering two number, and 25p covering a column of 6 numbers. Spread the bet across the table until your total bet (including Key Bet) is £5.75.
With this layout you can cover any number except zero, and you will have to leave 6 numbers blank.
Assuming you hit one of the numbers, you will receive £4.50 for the split bet and £1.50 for the column bet, giving £6. A profit of 25p. These 25p profits help cover the losing spins of which there are 7 spaces, and 2 winning spaces which only give a return of £1.50.
As you can see from the image below, you have to bet in columns of 6.
An explanation of the maths:
Winning: £7.5 per 38 spins (25p profits).
Winning: £35 per 38 spins (Key Bet).
Losing: £42 per 38 spins (7 blank numbers).
Losing: £9 per 38 spins (The two £1.50 numbers).
= £8.50 loss per 38 spins x 12 = £102
The Key Bet averages out at £35 in the long run, the same odds as a single number. This is because each Key Bet space has an equal amount of plus £5 and minus £5 positions. i.e. £40 and £30
This method assumes that the machine is random, which some people may find questionable. I recently had six number 10s' in a row! Aside from that, you should remember that if you sit down to do this method then deviate from it in anyway, the odds will change.
The odds can fluctuate wildly in either direction due to the nature of the Key Bet. You may get a quick succession of Key Bets, all paying £45 or £50. On the other hand, you may get very few and they pay below £35. It is with this in mind that you must regard this as a long term strategy and you use this method at your own risk. I take no responsibility for your gambling or the maths explained above.
If you have any questions, comments, suggestions or corrections then please let me know.
12 sections on Key Bet wheel x 38 sections on the main roulette wheel.
12 x 38 = 456. 456/1 is the odds of hitting the Key Bet pot. 38/1 is the odds of hitting any value on the Key Bet.
At maximum playing speed the law allows for no more than two spins per minute. So, 456 spins divided by 2 gives the amount of minutes.
456/2 = 228. 228 minutes = 3h and 48m.
So, that's your time and the odds of hitting the Key Bet pot.
The betting layout requires you to cover 31 numbers, including the Key Bet. Place the minimum of £1 on Key Bet and 25p covering two number, and 25p covering a column of 6 numbers. Spread the bet across the table until your total bet (including Key Bet) is £5.75.
With this layout you can cover any number except zero, and you will have to leave 6 numbers blank.
Assuming you hit one of the numbers, you will receive £4.50 for the split bet and £1.50 for the column bet, giving £6. A profit of 25p. These 25p profits help cover the losing spins of which there are 7 spaces, and 2 winning spaces which only give a return of £1.50.
As you can see from the image below, you have to bet in columns of 6.
An explanation of the maths:
Winning: £7.5 per 38 spins (25p profits).
Winning: £35 per 38 spins (Key Bet).
Losing: £42 per 38 spins (7 blank numbers).
Losing: £9 per 38 spins (The two £1.50 numbers).
= £8.50 loss per 38 spins x 12 = £102
The Key Bet averages out at £35 in the long run, the same odds as a single number. This is because each Key Bet space has an equal amount of plus £5 and minus £5 positions. i.e. £40 and £30
This method assumes that the machine is random, which some people may find questionable. I recently had six number 10s' in a row! Aside from that, you should remember that if you sit down to do this method then deviate from it in anyway, the odds will change.
The odds can fluctuate wildly in either direction due to the nature of the Key Bet. You may get a quick succession of Key Bets, all paying £45 or £50. On the other hand, you may get very few and they pay below £35. It is with this in mind that you must regard this as a long term strategy and you use this method at your own risk. I take no responsibility for your gambling or the maths explained above.
If you have any questions, comments, suggestions or corrections then please let me know.
source: http://www.fantafob.com/key-bet-roulette.html
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