roulette java program

/*
I wrote this program to test the idea that, at a roulette table you could
consistently win money. I ignore the possiblity of 0 and 00, as it was just easier.
And I didn't feel those would make a overly important difference.

The idea is, a $15 minimum table, with no max. You bet $15, and if you lose
you double your bet.
ie:
bet 15 and lose
bet 30 and lose
bet 60 and win --> net gain of 15.

reset your bet to 15, and repeat

*/



import java.util.Random;

public class casino
{
public static void main (String[] args)
{
int totalmoney = 5000; //Start your wallet with $5000
int bet = 15; //Minimum bet of $15
int ball; //1 for red, 0 for black
int counter = 0; // keeps track of #times you have made a bet
int lose=0; //how many times you lost
int win = 0; //how may times you win
double averagebet = 0;//what was your average bet


Random randnumber = new Random();

do
{
ball = randnumber.nextInt(2); //Sets ball to 1 or 0

if(ball == 1) //Always bet red.
{
win++;
totalmoney +=bet; //add your bet to your winnings
System.out.println("Win: " + totalmoney + " ball was " + ball + " bet was " + bet);
bet = 15; //reset bet when you win.
}
else //ball was 2, so you lost.
{
lose++;
totalmoney -=bet; //remove bet from winnings
System.out.println("Lose: " + totalmoney + " ball was " + ball + " bet was " + bet);
bet *=2; //double your bet
}
counter++; //increment counter
averagebet +=bet;
}while(counter < 100); //bet that many times

System.out.println("\nAveragebet was " + (averagebet/counter));
System.out.println("#times won was " + win);
System.out.println("#times loss was " + lose);
System.out.println("Total Net profit: " + (totalmoney-5000));
}
}




I gave it quite a few test runs, and it SEEMS, like this works.

Comments, ideas, places where I messed up?

[edit]with a few small modifications, i made it run 50,000 times. It came up with an average net profit of $700.[/edit]

 

Yeah, this system works in a theoretical casino, but in the real world they set limits on your bets and make sure that you can't use such a simple algorithm to win. And besides, you'd need a -lot- of money to use this system.

 

Haha I had read about that before... Always wondered if it would actualy work in a real world situation..

 

thats a cool idea, but like syntax said, you'll need a lot of money. if you miss seven bets in a row (i've done it) you're already up to an almost two thousand dollar bet. run out of a bank roll and you're fucked, which seems risky considering you're only looking at a fifteen dollar profit each go.

 

I once made a program on my Commodore 64 that was an EXACT COPY of the lottery game "Quick Draw"....

I didnt rig anything,i used standard randomisation routines and i didnt ever get more than $50 winning!

For those who think the lottery is rigged,I DONT THINK IT IS... Randomisation is a VERY POWERFUL THING.... I didnt ever get ANY BIG WINNINGS from my program AND I DIDNT RIG ANYTHING

How do you make this run??

I copied the script in the OP,saved it as a .JAR file (JAVA) and it says it is corrupt when i try to run it!!