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Roulette can be beaten

Here's the proof:

In the winter of 1873 an engineer from Yorkshire, England by the name of Joseph Jaggers visited Monte Carlo & saw the game of roulette for the first time. As someone in the business of manufacturing precision spindles for cotton mills ? he was immediately drawn not to the game so much as the wheels themselves. After observing for a week, Jaggers started to play & over the the next few days, won $325,000 (in today's money, more than 3 million dollars). He then returned home to England & his cotton mills & never played roulette again. 

 In the fall of 1880 a team of 18 Italians began playing a roulette wheel in the same Monte Carlo casino Jaggers found so profitable seven years earlier. They played in shifts of three or four players at a time for twelve hours per day. After two months they had won approximately $160,000.

 In November, 1947 two University of Chicago graduate students ? Albert Hibbs & Roy Walford ? drove to Reno, Nevada with a grand total of $300 between them. They left less than two weeks later with over $7,000 ? all won at roulette. The publicity surrounding their coup culminated with a full-page photo of the two in Life Magazine. 

 In the spring of the following year the same pair traveled to Las Vegas. They experienced some bad luck at first but the owner of the Pioneer Club recognized them from their Life Magazine spread & staked them $500, hoping to generate some cheap publicity. He generated publicity all right, but it wasn't cheap. Using the same strategy they had employed so successfully in Reno, Hibbs & Walford won $33,000 in just over a month. The casino owner then politely asked them to leave. 

 In the summer of 1958 two University of Nevada students ? known only as the Jones boys ? played eight contiguous numbers on one roulette wheel for 40 hours & won $12,000. They then spent 72 hours camped out at another wheel in a second casino, during which time they won $20,000. The Jones Boys were then barred from play. 

 From the summer of 1948 until they were barred in January of 1951 two teams ? started by Artemeo Delgado & Helmut Berlin ? descended on the huge Central Casino in Mar del Plata, Argentina & won a reported $1,020,000. 

 After getting barred in Monte Carlo for winning, Dr. Richard Jarecki traveled to San Remo ? a sleepy Italian resort town about 100 kilometers from Monaco ? & may have won over a million dollars playing roulette at the casino there. What is known for certain is that after having played roulette sporadically for the previous year, Dr. Jarecki entered the casino in January of 1969, played almost non-stop for 48 hours, & won $192,000. Casino management responded by barring him for two weeks. When the two weeks were up Dr. Jarecki returned & won $100,000 in one day. The casino barred him again, this time indefinitely. Jarecki's barring was rescinded after two years. The good doctor showed his appreciation by returning & winning another $150,000. 

 If you think these monster wins are a thing of the distant past, read on...

 Playing at the Bad Wiessee Casino in the Bavarian Alps in 1981, Pierre Basieux & his teammates won $153,000 in five months. Their average bet was $10. 

 In June 1986 Billy Walters proposed to the management of the Golden Nugget in Atlantic City that they raise the limits on their roulette game. In return he would deposit a total of $2 million in the cage. The casino would match that amount, & a freeze-out would be played; that is, play would continue until either the casino won Walter's two million, or vice-versa. 

 Walters played five numbers per spin, betting $2,000 on each. He played a total of 18 hours over the course of the next day & a half. When he won the casino's $2 million, he asked the casino if it wished to continue. The casino, believing that the longer the game progressed the more likely the house edge would manifest itself, agreed. When Walters finally quit, he had won $3.8 Million.   

Of course, these are stories that have surfaced in the popular media. Imagine how many millions more have been won by individuals who have avoided any public mention of their exploits.   

As you may have guessed, the various roulette players mentioned above weren't just lucky. & they weren't ordinary gamblers. In fact, they were not gamblers at all. They were average people who simply took advantage of specialized knowledge that is available today.

 

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