Rothstein Betting System

Introduction

The Rothstein betting strategy is similar to the Martingale method, but it involves more aggressive betting. In this system, the bettor raises the stakes significantly to secure a profit of one unit for every wager placed, provided they don't exhaust their funds. This approach is different from the Martingale, which achieves a net gain of one unit only for successful bets. As a drawback, players risk depleting their resources more rapidly if they encounter a series of losses.

Rules

The sole distinction between Rothstein's system and the Martingale is the way bets are adjusted after losses. Instead of simply doubling the previous wager, the Rothstein method involves doubling the last bet and adding an extra unit. More details are provided below.

1. Like many betting strategies, the Rothstein system is best understood and utilized in games where bets yield even odds.
2. Players need to select a unit size for their bets as well as establish a bankroll. The initial proposed bankroll sizes in units are: 1, 4, 11, 26, 57, 120, 247, 502, 1013, and 2036. Observe that as these figures increase, they approach but never quite reach powers of 2. Specifically, each can be represented as 2^(-n+2), where 'n' denotes the maximum streak of losses.ⁿ⁺¹The player initiates the strategy by placing a bet of one unit.
3. If the last wager is successful, the player should stop and leave with a profit of one unit for each bet placed.
4. In the event that the last wager fails, the next bet must be two times the preceding wager plus one additional unit.
5. Continue this process until a win occurs or the player runs out of funds pursuing this method.
6. It's important to note that the amounts wagered (expressed in units) will correspond to powers of 2 minus one: 1, 3, 7, 15, 31, 63, and so forth.

The following chart presents my examination of the odds for the pass bet in craps, allowing players to place up to five bets. In the worst-case scenario—with five consecutive losses—the total loss would amount to 57 units.

Five Step Analysis

Here’s a recap of my findings from the table above.

The ratio representing the anticipated winnings compared to the expected total bets is -1.41%.

• Expected net win = -0.117744 units
• Expected total bet = 8.326175 units
• This table summarizes my findings regarding the don't pass bet in craps, where players may place up to five bets. In the worst-case scenario of five consecutive losses, the player would lose 57 units. For this analysis, I do not consider pushes (when a roll results in 12 on the come out roll) as resolved bets.

Five-Step Analysis — Don't Pass Bet in Craps

The ratio representing the anticipated winnings compared to the expected total bets is -1.41%.

• Expected net win = -0.113409 units
• Expected total bet = 8.316626 units
• The subsequent table outlines my analysis of any even money wager in single-zero roulette, with players capable of making five bets. In the worst-case scenario, with five losses, the total loss would be 57 units.

Five-Step Analysis — Even Money Bets in Single-Zero Roulette

The ratio representing the anticipated winnings compared to the expected total bets is -1.41%.

• Expected net win = -0.231708 units
• Expected total bet = 8.573191 units
• The next table features my findings based on any even money wager in double-zero roulette, where players can make five bets. Here, the worst-case scenario incurs a loss of 57 units after five failures.

Five-Step Analysis — Even Money Bets in Double-Zero Roulette

The ratio representing the anticipated winnings compared to the expected total bets is -1.41%.

• Expected net win = -0.478087 units
• Expected total bet = 9.083655 units
• This analysis covers the Player bet in baccarat, allowing for up to five wagers. If the player encounters five losses, they would incur a total loss of 57 units. Again, ties are not counted as resolved bets in this scenario.

Five-Step Analysis — Player Bet in Baccarat

The ratio representing the anticipated winnings compared to the expected total bets is -1.41%.

• Expected net win = -0.113523 units
• Expected total bet = 8.316877 units
• The subsequent table outlines my analysis of any even money wager in single-zero roulette, with players capable of making five bets. In the worst-case scenario, with five losses, the total loss would be 57 units.

The following table presents my analysis concerning the pass bet in craps, permitting players to make up to ten wagers. In the worst-case scenario, with ten losses, the total loss would be 2036 units.

Ten Step Analysis

The next table presents my assessment of the don't pass bet in craps, which allows for ten wagers. In the worst-case scenario of losing ten consecutive times, this results in a loss of 2036 units. As with previous analyses, pushes (a roll resulting in a 12 during the come out) are not counted as resolved bets.

The ratio representing the anticipated winnings compared to the expected total bets is -1.41%.

• Expected net win = -0.272866 units
• Expected total bet = 19.295522 units
• This table summarizes my findings regarding the don't pass bet in craps, where players may place up to five bets. In the worst-case scenario of five consecutive losses, the player would lose 57 units. For this analysis, I do not consider pushes (when a roll results in 12 on the come out roll) as resolved bets.

Ten-Step Analysis — Don't Pass Bet in Craps

The ratio representing the anticipated winnings compared to the expected total bets is -1.41%.

• Expected net win = -0.262467 units
• Expected total bet = 19.247601
• The subsequent table outlines my analysis of any even money wager in single-zero roulette, with players capable of making five bets. In the worst-case scenario, with five losses, the total loss would be 57 units.

Ten-Step Analysis — Even Money Bets in Single-Zero Roulette

The ratio representing the anticipated winnings compared to the expected total bets is -1.41%.

• Expected net win = -0.555767 units
• Expected total bet = 20.563375 units
• The next table features my findings based on any even money wager in double-zero roulette, where players can make five bets. Here, the worst-case scenario incurs a loss of 57 units after five failures.

Ten-Step Analysis — Even Money Bets in Double-Zero Roulette

The ratio representing the anticipated winnings compared to the expected total bets is -1.41%.

• Expected net win = -1.229435 units
• Expected total bet = 23.359270 units
• This analysis covers the Player bet in baccarat, allowing for up to five wagers. If the player encounters five losses, they would incur a total loss of 57 units. Again, ties are not counted as resolved bets in this scenario.

Ten-Step Analysis — Player Bet in Baccarat

The ratio representing the anticipated winnings compared to the expected total bets is -1.41%.

• Expected net win = -0.262740 units
• Expected total bet = 19.248861 units
• The subsequent table outlines my analysis of any even money wager in single-zero roulette, with players capable of making five bets. In the worst-case scenario, with five losses, the total loss would be 57 units.

My overall conclusion mirrors my opinion on all betting strategies; the ratio of expected wins compared to the wagers made always reflects the losses the player should anticipate per individual bet. This ratio is equivalent to the product of -1 and the house edge. When viewed this way, in terms of lost amounts relative to total betting, every betting strategy proves equally ineffective.

Conclusion

Nevertheless, if you feel inclined to adopt a betting system, it would be wiser to choose a free one like the Rothstein system instead of paying someone dubious for one.

Feel free to check out my video explaining the Rothstein betting system.

Video

www.youtube.com/watch?v=QzACmc4Ynjo

Direct link: Join the conversation about the Rothstein betting system on my forum at Wizard of Vegas. .

External Links

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Written by: Michael Shackleford