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by settrans 5721 days ago
> We did not really have an optimal betting strategy, at least nothing that can be proven scientifically, there is no such thing.

Ah, but there is.

http://en.wikipedia.org/wiki/Kelly_criterion

2 comments

The optimal (Kelly) strategy for Roulette is not to play. It even says so on that wiki page.
The Kelly criterion is a money management strategy to maximize profit given a positive expectation, which roulette does not have and cannot.