How the 24+8 System Works
In the 24+8 roulette winning system, players must make multiple wagers simultaneously. The game involves placing $10 bets on the roulette table on two Dozen of the three. Therefore, the third Dozens section remains open. Here, players must place a $1 bet on 10 of the remaining numbers. As a result, a player will cover 34 out of 37 possible outcomes with various bets. The remaining two numbers and the zero will remain uncovered. As a result, a player will have a high chance of winning, with a probability of 91.89%.
In case you lose a round while using the 24+8 system, you have a backup strategy known as the Martingale roulette strategy, or Martingale strategie. This betting system aims to recoup losses by doubling the bet size after each loss. This is why this strategy is also known as the roulette double up strategy. After a win, you need to go back to the original base stake for the next round.
To make it more clear, let's say we start with a base stake of $10. If you lose the first round, you double a bet to $20 in the second round. If you lose the second round as well, you double a bet again to $40 in the third round. You keep doubling our bet after every loss until we win. Once you win, you return to the base stake of $10 for the next round.
To help you visualise this, imagine you have a roulette strategy chart that shows the bet sizes for each round.
You can see that we have placed several bets on the roulette table. Our first bet is on the first dozen (1-12) for $10, and our second bet is on the third dozen (25-36) for the same amount of $10. In addition, we have placed ten $1 wagers on specific numbers from 13 to 21 and on 24. You can notice that we have not placed any bets on numbers 0, 22, or 25. We hope that these numbers won't win, as we will lose our entire bet if they do.
Our strategy is to rely on the larger bets on the dozens to give us the highest chance of winning and the smaller bets on individual numbers to increase our overall payout if any of them hit. We will be closely watching the roulette wheel, hoping that our numbers come up and that we walk away with a profit.
Once we have placed our bets for $30 in total, we can envisage one of the following three outcomes to unfold:
- The bet on a Dozen will win: When placing a bet on the dozens, one possible outcome has a probability of 64.86%. If this outcome is realised, you will neither win nor lose money. In this scenario, you would collect winnings of $30, but you would also forfeit $30 due to the lost bets, resulting in a net gain/loss of zero.
- A straight-up number will win: If you place a bet on one of the straight-up numbers, there is a 27.03% probability that your bet will be successful. If you win, your net gain will be $6. If you place this bet multiple times, you can expect to win this amount on average for every 100 bets placed.
- You will lose: If none of the numbers you have selected match the winning numbers, you will likely lose $30. The probability is 8.11%.
Let's examine how the 24+8 system would appear in practice over five fictitious rounds. By doing so, you can gain a better understanding of how this system operates, how it differs from other roulette systems, and how this online roulette system can be potentially used.
- Spins 1
We were successful in winning one of our bets placed on the Dozens. However, instead of making a profit, the outcome was a push, which means that the bet was returned without any winnings or losses.
- Spins 2
The straight-up bet brings us a winning in the amount of $6.
- Spins 3
Our latest Dozens bet ended in a tie, with neither winning nor losing money. However, thanks to our successful previous wagers, our overall profit remains $6.
- Spins 4
After placing a straight-up bet, luck was on our side, and we won $6. This brings our total earnings to $12 after the fourth spin.
- Spins 5
Unfortunately, none of the bets we placed turned out to be winners, resulting in a loss of $30. As a result of this loss, our total deficit has now reached $18. If you decide to continue with the bets, it is recommended that you follow the Martingale roullete strategy, which involves doubling your bets for the next round. This strategy is designed to help you recover your losses and eventually come out ahead in the long run.
Our Test of the 24+8 Strategy
If you have read any of our previous tutorials on roulette strategy, you will likely be familiar with the concepts we are exploring in this article. Our focus here is to test the effectiveness of the 24+8 roulette system, which is a popular roullette strategy among gamblers. To evaluate the system's effectiveness, we have used Google Sheets. Specifically, we have included the three potential outcomes of the game:
- Straight-up
- Dozen, and
- Losing round
We have also included the relevant mathematical probabilities for each potential event.
We have been considering the use of the Martingale system. This system requires a double bet amount after each losing round. Also, this system envisages returning to the initial bet amount after a winning round. Therefore, for our testing, we doubled the bet amount every time we lost.
Otherwise, if we win on a straight-up basis, we will return to the base bet. Also, if we win on a Dozen, we will keep the current bet. This way, we can assess the efficiency of the 24+8 system when combined with the Martingale system.
In this experiment, we selected five hypothetical players who utilised only the 24+8 system to play a total of 500 rounds. Each of the five players started with a $1,000 bankroll and played through the rounds using the same system. After the rounds were finished, we carefully examined the results and created a graph to depict the outcomes. This graph will provide a clear visual of the performance of the five players over the course of the 500 rounds. You can find our graph below:
With the help of the analysis of the graphical representation of the data, we can gain a comprehensive understanding of the long-term implications of the 24+8 roulette strategy. Like many other roulette strategies, the 24+8 method causes a notable decline in our bankroll. In particular, Player 3 experienced the highest point when their bankroll reached $1,060 after the 55th round. However, the situation took a turn for the worse, resulting in a loss of $288 by the end of the session.
Upon careful examination, it becomes evident that each player endured a significant downturn at specific game stages. Upon further analysis, we discovered that using the Martingale system could be blamed for this outcome. It is a system that is well-known for producing such results. However, in this particular case, Martingale does not compensate for the total loss, as in the classical Martingale method. This is because, in this case, we double not only the bet but also the amount of the subsequent loss. This strategy, which is aimed at compensating for losses more quickly, accelerates the slump even more.
Suppose we discard the Martingale system from this test. Instead, we will try a different approach where we stick to a fixed stake amount throughout the simulation. To see how effective this strategy is, we can run a simulation with three players, each starting with a bankroll of $1,000, over a total of 500 rounds. This will allow us to compare the results with those obtained from the Martingale system and determine which one is more profitable.
Upon analysing the data, it becomes evident that the alteration made to the roulette system had some effect. The three players involved in the experiment still lost money, but the losses occurred at a slower pace, and the peaks and valleys were not so big. After careful consideration, it seems that incorporating the Martingale system into the equation doesn't really provide any significant benefits. Nonetheless, one valuable lesson we can learn from this experiment is that anyone can modify or refine their roulette system to suit their preferences and playing style.
Pitfalls of the 24+8 Roulette System
Doubling your bets when you lose can seem like an attractive strategy to recoup your losses quickly. In the world of betting, it is common to encounter losing streaks. However, before you do this, it is essential to understand the potential risks and drawbacks that come with this approach. One significant issue is that doubling your bets can lead to a rapid depletion of your bankroll. This means that if you experience a few consecutive losses, you may quickly run out of the funds you need to keep doubling your bets. It is important to keep this in mind and have a solid understanding of your bankroll so that you can make informed decisions and avoid any significant financial losses.
Another problem with doubling your bets is that it doesn't actually compensate you for all your losses in the long run. Even if you win back some of your losses, the amount of money you lose over time can still exceed the amount you win. This is because the odds are always stacked against you in most betting scenarios.
Furthermore, doubling your bets can also lead to a stalemate situation where you don't have enough money to keep doubling your bets, especially if there is a limit to how much you can bet. Therefore, it is important to weigh the potential risks and benefits of doubling your bets when you are considering a betting strategy. We advise avoiding this approach and focusing on more sustainable and consistent betting methods.
Conclusion
We conducted two different experiments to test the effectiveness of the 24+8 roulette system. In the first experiment, we implemented the Martingale system, while in the second experiment, we tested the 24+8 system without the Martingale. One of the key observations from both tests was that our bankroll was gradually depleted, although the Martingale system resulted in dramatic drops. It is worth mentioning that the Martingale system should only be utilised for even-money propositions and not for long shots such as straight-up roulette bets. This suggests that the 24+8 roulette system may be more effective without the use of the Martingale system.
In our analysis, we discovered that eliminating the Martingale system from the 24+8 equation led to less dramatic variations in the bankroll. We cannot, however, disregard the unavoidable downward trend that remains despite this recovery. It appears that both versions of the 24+8 systems are doomed to fail when used in the long run. Nonetheless, we did observe some short periods of minor gains in both versions. As a result, it may be possible to profit from the 24+8 system if it is used sparingly. However, avoiding sticking with the system for too long is crucial, as the outcome will most likely be negative. We highly recommend experimenting with this system through a free roulette game to gain a better understanding of its effectiveness.
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