get asked a lot about Money Management in gambling. It is not a topic I address often, because money management is just mathematical voodoo. What you can expect to lose gambling is the product of the total amount you bet and the house edge. It does not make any difference how you break up your total amount bet. Given the same game, the expected loss is the same making a million bets of $1 and one bet of $1,000,000.
You have most likely heard of and watched the blockbuster movie Natural Born Killers, written by Quentin Tarantino and directed by Oliver Stone. However, have you heard of Natural Born Roulette Player?
Why You Lose At Roulette
If you are like most Roulette players, you have often wondered why you lose at Roulette or don't win as much as you think you should. While it is easy...