As one of the most popular casino games, roulette has been analyzed repeatedly by the industry experts. There have been several books, tutorial videos, and even actual movies on how to win at roulette. The seemingly simple game has the potential of earning you large wins with just one spill. Players have strived to devise effective strategies to beat the odds of a game that is best described as a game of chance.
There are variations in the suitability of each strategy as determined by factors such as bankroll, associated risks, and betting time, Keep reading as we’ll be discussing the most effective roulette tips, best roulette strategies, how to beat the odds using each of these strategies, and the strengths and weaknesses of each strategy.
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Roulette Winning Tips
A game of roulette is dependent on chance, much more than any other casino game. It doesn’t matter if you use a ‘highly efficient odds calculator’ or a statistical analysis, predicting the outcome of a roulette game is impossible. However, we’ll be looking at a few betting tips that can improve your chances of winning a roulette game.
Place outside bets to increase your winning odds
Outside bets have the lowest risks. Placing multiple outside bets further increases your winning odds. For instance, when you place your wager on black or red, the payout is 1:1, and this covers 18 out of 38 possible numbers.
Increase your inside bets to increase your payout
Even if you’re wagering on specific numbers, your bets can be placed on more than one number. When your chips are placed on the right of the roulette board, with just one wager, you can play numerous numbers that are within a close range. Although the profit may not be as high as landing just on a number, it’d still be higher than placing outside bets.
Maximize your Bonuses
Many online roulette casinos award welcome bonuses to newly registered players as well as other incentives for new players. Bonuses typically allow bettors to understand the basics of a game since the gameplay is free initially. Search for a suitable online casino, then explore the available bonuses and start using your free cash to start playing roulette games.
Play a single zero roulette
Unlike the popular American online roulette, which has double zero and features 38 numbers, a single zero roulette such as the European roulette has 37 numbers; this increases your chances of winnings since both the single and double zero roulette wheels offer 35:1 payouts.
Get Ready to lose
For a game that is based on luck, losing is inevitable. Simply take all your losses as a regular occurrence.
Try not to surpass your target profit and loss limit
As with any other casino game, when playing roulette, it is important to only place a wager that you can afford to lose. As soon as you have reached your loss limit, do not bet further, and resist every urge to do so. Choose minimal target profit, for instance, 5% of your total bets.
Follow a strategy when playing
In this game of chance, following a tested strategy is certainly better than playing without one. With various roulette techniques, it can be cumbersome to select the most suitable one, we’ll be discussing some of the best roulette strategies available.
Roulette Betting Strategies
There are numerous strategies to increase your chances at a roulette game. We’ll be looking at a few of the most effective ones.
The Martingale Strategy
The Martingale Strategy is founded on the simple rule: for every loss, your bet must be doubled. By doing this, you’ll eventually win and recover your losses. Then you start wagering with the original amount again. For instance: You wager $2 on red? You lose. Then you wager $4 on Red the second time. You lose for the second time. You place another $8 bet. You win this round. So this means that you recoup the $6 lost on the first two wagers, and you have $2 aside.
To get the best out of this strategy, wager on outside bets which include: 1 through 18, 19-36, Black Red, Even and Odd. Outside bets have the highest winning odds at 48.6%. This strategy is particularly popular amongst mew players, but the game uses a progressive strategy, so for even-money wagers, you’d do so like this $5 $10 $20 $40 $80 $160 $320 $640.
Pros: The strategy is highly effective for short term wins. It may also protect bettors from losing too much within a short period. When you lose seven times in a row, the betting limit makes it impossible for you to keep betting.
Cons: You may lose substantial cash before winning a sizeable amount of money. It may even be impossible to win an amount substantial enough to compensate for the losses accumulated. The steep progression of the game makes it a particularly risky strategy and is not used by experienced players.
Reverse Martingale Strategy
This technique works by increasing each bet 2X after every win, contrary to the Martingale strategy, and decreasing the bet to the lowest possible amount when players lose. It follows the idea that if a bettor is unlucky, their losses are limited, and the bets are increased if they are on a winning streak. So if you place a $5 wager on black and you win. Then you place another $10 on black, you win again. Then you wager another $20 on Red, but this time you lose. If you wager another $5 on black and you win. Then another $10 on black and you win, This means you have recouped the initial $20 you lost, and you have an additional $10.
Pros: If you’re on a winning streak, this strategy would even boost your winnings. The risks are minimal compared to the Martingale strategy.
Cons: The strategy is heavily dependent on a winning streak, which you’re not sure to get. If you’re on a winning streak and you keep increasing your bet 2X, losing once could wipe out all your previous winnings.
The Fibonacci Strategy
This strategy follows a mathematical sequence of 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, and 144. When gamblers lose with this strategy, they proceed to the next number in the sequence. This strategy is more effective for even money odds. For instance, if your initial wager is $1. The game uses a progressive strategy so for even-money wagers, you’d do so like this $1 $1 $2 $3 $5 $8 $13 $21 $34 $55 $89 $144. After each win, you proceed two numbers to the left. For every loss, you proceed to the next number on the right.
Pros: Ideally, the Fibonacci sequence requires no betting limits. Regardless of the number of times a bet is lost, you’d recoup your losses as long as you have bankroll sufficient enough for another wager.
Con: Recouping your losses is impossible if you’re on a losing streak, and your bankroll is insufficient.
Labouchère strategy
This roulette technique allows you to customize your wins. For instance, if you have 40 chips and you divide them into smaller units of 6, 4, 2, 8, 6, 2, 8, 2, 2. Then you set apart the numbers on the end, 6 and 2 in this case, and you add them to place your wager. Then you wager on the sum of the next set of end numbers- 4 and 2 in this case, so you’d place your wager on 6. Continue doing this till you have exhausted all the chips. If you do not win any of the wagers, sum up the total stake to one of the outside numbers and continue betting. The strategy speculates that you’ll eventually win a sizeable amount.
Pros: You can still meet your desired number even if you lose a few bets. In some cases, your losses can surpass your wins, and you’d still make a profit.
Cons: The La Bouchere strategy is ineffective for players without a sizeable bankroll.
Paroli System
When using the Paroli System, you have to double your bet after each win until you win three times in succession. Selecting your minimum losses is very important, particularly in the event of a loss. For instance, if your minimum bet is $2 and you wager on Red. In the event of a loss, you’d have to wager $2 on red again. You must do this continually until you win. Then after a win, you’d wager $4 on Red. If you lose after this, you’d have to go back to your minimum bet- $2. But if you’re lucky enough to win, then you’d have to wager $8 on red again. So if you win all three wagers in succession, you’d have $12 in profit. There are eight possible outcomes for every three successive wagers.
Pros: The Paroli strategy minimizes your losses by providing you with few sizeable winnings and numerous minimal losses. When using the Paroli technique, losses can be terminated as soon as you discover you have lost a certain amount of money.
Cons: The strategy requires precision when timing your bets. It becomes ineffective in the long run, and it has no significant effect on the house edge.
The James Bond Betting Strategy
This roulette betting technique is very popular among newbies. The strategy is a combination of wagers that provide the highest roulette winning odds. For every spin, you’d be wagering on more than half of the numbers on the board. You need a minimum of $200 to use this strategy. The strategy works this way: First, you have to wager $140 on high numbers 19-36. Then place another $50 wager on numbers 13-18. The last $10 should be wagered on 0. In the event that you’re unlucky and you land a number between 1 and 12, you’d lose your $200. However, in the event that you win other bets, you’d earn a sizeable profit.
Pros: By using this strategy, you’d get to minimize your losses since your bets are spread across the table. Additionally, the wins from this strategy are potentially substantial.
Cons: The James Bond strategy requires a large bankroll, which may not be feasible for many bettors. The biggest risk is when you land any number from 1 to 12
The 666 Strategy
This roulette technique follows the idea of betting on several numbers on the board. With the 666 strategy, you’d have to wager $66 in such a way that leaves room for only four losing numbers. The strategy works this way: First, you’d bet $36 on black or Red (which are outside bets with a payout of 1:1), then you’d split a $4 bet on six pairs of numbers. This leaves you with seven numbers left; then, you’d place straight-up bets on 3 out of these numbers. With the 666 strategy, you have a payout of 1:1 on the outside bets, split bets at 17:1 payout, and three straight up bets at 35:1 payout.
Pros: The 666 strategy offers an impressive bet coverage since the risk is spread across the roulette board.
Cons: Although a straight-up bet pays out 35:1, the actual odds are 37:1, and this is due to the house edge. The technique is quite risky as you have to wager a substantial amount on each spin, and you may be unable to recoup your losses even if you land big wins.
Conclusion
Even the most effective roulette strategy is never 100% guaranteed. Theoretically, we can predict a few ways to beat the odds. In real life, however, your winnings largely depend on luck. So, you can’t always be certain that roulette strategies would guarantee a definite win, but you can be certain that following the tips we have extensively discussed in this article would definitely improve your chances of winning.