Hey guys, I'm trying to figure out whether or not a wheel is biased and if it is how biased it is. I have collected 2500 spins (I will collected more, approx 10,000). However I'm not very good with maths/statistics.
Could you please tell me, how can I figure out if the results are pure luck or if there's a bias? You don't have to explain the whole process if its long, just give me the name of the equations and I'll google them :)
See link:://:.roulettephysics.com/roulette-wheel-bias/ (link:://:.roulettephysics.com/roulette-wheel-bias/) but I can also send you excel charts that do calculations. Still though thousands of spins will take an awful lot of time.
Take into account when the casino performs routine
maintenance on a wheel the spin-values prior may not be applicable.
To be successful with bias these days, you need find bias as quickly as possible - before casino does. So you need visual approach too. There are much better methods than bias analysis
My info. is that most casino software knows the numbers for each spin, as displayed on the marquee spin numbers display board. As such a program within the monitoring system IDs any bias & allows rectification anything "out of whack" ASAP. Bias analysis these days is pretty much a waste of time. You are fighting newer & better wearing wheels together with a systematic maintainance program & so hard to beat from the bias angle.