One of the most famous games in the entire world, roulette is as iconic as it is fun. Chances are that if you’re interested in gambling, you’ve given the famous black and red wheel a spin. But what roulette strategies are there? And are they any use?
Some of the smartest gamblers out there use roulette strategies. And sometimes people diligently stick to ones that aren’t so smart.
We’re going to take you on a whistle-stop tour of some of the most famous ones out there. Then all you need to do is pick one of the roulette strategies for you to follow.
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If you’ve played roulette for a few years, chances are you’ve heard of the Martingale strategy. The idea is simple. Every time you lose a bet on the roulette wheel, you make the same bet again and double it.
But this, my friend, is not a smart strategy. Okay, technically, if you keep on doubling your bets you eventually will win out overall. But in the real world, online and land-based casinos have table limits on the amount you can wager per hand. So there’s a real possibility that your losing streak will continue until you surpass the table limit and can no longer place your bet anyway.
Based on an 18th century mathematical system, the Labouchere method is a cancellation system for playing roulette.
It guides players to play roulette more systematically, instead of just randomly placing bets. But it won’t give you an edge in terms of statistics. Having said that, it is a nice way to play.
Here’s how it works:
In theory, if you get a good streak, you can win until all bets are cancelled. And that means your sequence has been successful and maybe it’s time to quit? But it can also screw you pretty badly if you go on a losing streak, so as with Martingale, this strategy is to be taken with a pinch of salt.
If you flip a coin 100 times, it should land on heads 50 times and tails 50 times. At least, if you do it enough times, a 50/50 equilibrium should emerge. Right? Well that’s what d’Alembert thought too.
Gamblers who follow d’Alembert bet on numbers or combinations that haven’t emerged so far in the game, or at least not recently. That’s because they imagine those numbers are more likely to come up than the ones that have already appeared.
Although this could be kind of right in sterile maths theory, in practice it doesn’t work out. Because roulette is a random game and you are simply not going to be playing an infinite number of times. So even if you keep on betting on numbers that haven’t appeared in a while, they’re not necessarily going to show up any time soon.
With roots in Indian maths and poetry, the Fibonacci sequence was presented to the west by an Italian man. This elegant proof says that there are a certain sequence of numbers that can be found in every element of nature.
In the Fibonacci sequence, every number is added to the preceding one to make the next one. Here’s the sequence so you can see what we mean:
If you’re playing roulette, this determines the amount you bet. So say for example if you’re placing a £1 bet and you lose, you add another £1 bet on. Now you’re betting £2. Lose again and add the second £1 bet to the third £2 bet. So now you’re betting £5, and so on.
If you win at any point in the sequence, you return two bets down the ladder.
Like the Martingale betting system, this can lead to huge bets. But it’s also actually a smarter way to place your bets because you’re reducing losses and you can hang on for a winning streak.
As you might have noticed, a lot of these roulette strategies deal with loss. But maybe you’re on a winning streak? Then what do you do? Well you might want to try out the Paroli.
The simplest way to explain this is that you double your bet in a winning progression of three wagers. If you win three times in a row, then you simply revert to your original bet and start again to wait for another streak. Or cash out. If you’ve made a pretty penny, it could be the right time to do it.
You can also have a four or five step Paroli, but we tend to stick to the three-step to be on the safe side.