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Q. How does one arrive at a bet of $1,270?
A. It sounds like kind of an odd number, but there is an explanation.
There is a betting technique in roulette(when I go to the casino I only play roulette, and only red and black), I think it's called the Martingale system, where you simply double your previous bet until you win or run out of money. If you base unit is $10, you would bet $10, $20, $40, $80, $160, etc. If you are lucky enough to win, whether on the first, third, or tenth spin, your profit will be a total of 1 unit/$10.
If your base unit is $25, then it would be $25, $75, $175, $375. If you eventually win your profit is 1 unit/$25.
I like to bet what I call a modified Martingale system, in which I double my previous bet and add 1 unit.
So my bets would run $10, $30(double the $10, plus another $10), $70(double the $30, plus another $10), $150, $310, $630, $1,270.
This way, if I should win, my profit will be 1 unit/$10 for each spin I have played.
I no longer chase it to seven spins. I now limit myself to three spins/$70, or if I'm way ahead of the game, maybe four spins/$150.
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