Roulette is a popular casino game, with millions of players playing worldwide. The problem that most gamblers face is that the game is one of pure chance and so in terms of game-play, it is not possible to come up with the right strategy. This however, is remedied to some extent by the fact that there are a number of betting strategies available to players who can then hope to minimize their losses and even make a profit in the long run. It is important to remember that these strategies, while they work, do not ensure that the player wins every single time. Also, despite using a strategy, the players are still at a disadvantage since the casino still holds a fairly high house advantage.
Types of Roulette Strategies
There are a number of different strategies that are used to minimize losses in a game of roulette. Individual players also have their own personal strategies, which applies to picking numbers according to various different factors. These strategies have no mathematical or scientific basis whatsoever, but the players truly believe that they work. The best strategy to follow when playing roulette is to ensure that the player is having fun and are betting within their means. To make sure that the betting does not get out of hand, it is a good idea to maintain a daily maximum amount to wager and when the funds dip below that amount, to stop betting. Apart from this, most other strategies are based on the kind of bets to place and the amount of the bet.
Martingale Roulette Strategy
The most popular betting strategy is called the Martingale Strategy. According to this strategy, the player places a minimum bet. Depending on the outcome of the wager the next bet is determined. If the player loses, then the next bet will be worth double that of the previous bet. If the player wins the bet, then the amount remains the same. In this way, it is possible to ensure that whenever the player wins a bet, the payout will neutralize all losses and ensure a profit that is worth the amount of the first bet placed. In a similar vein, players often follow the Fibonacci series to determine their subsequent bet. In this series, every third bet is worth the sum of the previous two.
Labouchere Roulette Strategy
Other strategies include the Labouchere System, where the player figures out a series of numbers, which is written down. Whenever the player loses a bet, he/she writes the amount of the bet on one end of the line and when there is a win, the number is written at the beginning of the line. Whichever line is longer, the player follows it when there is a loss and the shorter line when there is a win.
The final important strategy that players use while playing roulette does not depend on the amount of the wager. Instead, the player places wagers on the first and third column, each worth two chips of some denomination. Then he/she places a third bet of the same amount on the “Black”. By doing this, there are only six numbers that are left uncovered, four reds and the 0 and 00. This means that the player will have a higher chance of winning.