The O'Hare Straddle -
Borrow a large amount of cash on a short term basis. Set aside enough money for a ticket on the next plane to South America. Bet the rest on one spin of the roulette wheel at even money. If you win, return the principal and retire on the rest. Otherwise, use the plane ticket.
Mathematically, the key to making this work is being bold enough to wager all the money on a single bet, rather than making multiple smaller bets. The casino extracts a tax on each `even-money' wager via the 0 and 00 slots on the wheel. You pay more tax each time you re-bet the winnings, thus lowering your chances of a big killing. However, the most likely result of playing the O'Hare straddle will be a sudden need to increase your fluency in Spanish.
:mj07:
Borrow a large amount of cash on a short term basis. Set aside enough money for a ticket on the next plane to South America. Bet the rest on one spin of the roulette wheel at even money. If you win, return the principal and retire on the rest. Otherwise, use the plane ticket.
Mathematically, the key to making this work is being bold enough to wager all the money on a single bet, rather than making multiple smaller bets. The casino extracts a tax on each `even-money' wager via the 0 and 00 slots on the wheel. You pay more tax each time you re-bet the winnings, thus lowering your chances of a big killing. However, the most likely result of playing the O'Hare straddle will be a sudden need to increase your fluency in Spanish.
:mj07:
