Roulette- my baby

Now let's getting started with my strategy. You simply chose between Red and Black and bet a small amount of 1€ in every round. Let's assume you place a bet on red. The wheel spins and red wins. Congratulations! You win the bet and double your bet amount of 1€.

Red wins: You get 4€. This is double the bet amount of 2€. In the first round you have placed 1$, in the second round 2€. Adding these amounts you have placed 3€ on red. Due to the fact that you won the second round, you made a net profit of 4€-3€=1€.

What can you learn from this? You made a correct decision and doubled the bet amount in the second round which protects you from making any losses at all. Hence follows that you always win your betting amount of 1€ even if you lost the round before.

Black wins: You have lost two times in a row. Accordingly to the roulette strategy described above you double the bet amount another time and place 4€ on red.

Let's assume now red wins, therefore you get double the amount of 4€, which means that you win 8€. To get this money you did the following investments: 1€(1. Round) + 2€(2. Round) + 4€(3. Round), which add up to 1€+2€+4€=7€. Your net profit is 8€-7€=1€, the same as above. As you can see, applying this strategy you always win 1€ no matter how often you lost. If you lose the bet in the third round again, you raise your bet to 8€ and so on. If you want, you can calculate the results of a forth of fifth round, but it becomes a bit complicated. The result is always the same. You win 1€.

Rule: You Always Win Double Your Bet Amount Whether You Have Lost Before Or Not