What is the Best Roulette Strategy For You?
Roulette is one of the most exciting casino games of chance to play. Many players feel the need to use a roulette strategy to effectively manage their participation and give themselves the best chance of winning as well as having the confidence of knowing how to play roulette effectively.
There are a variety of roulette strategies that you can choose and the one is suitable for you will depend upon your own personality and risk profile. With all roulette games, the odds are slightly in favour of the house. With American roulette wheels, the house has an edge of a little over 5%. With European roulette wheels, that edge is halved but the odds still favour the house. When choosing any roulette strategy, it pays to keep these odds in mind.
Here are some of the most common strategies that can be applied in any online casino, crypto casino or one of the Aussie casinos scattered across Melbourne, Sydney, Brisbane, Perth and beyond.
Martingale roulette strategy
The Martingale strategy is based on a simple premise that you have to win some time. The logic of this strategy assumes that every time you lose, the odds of winning the next time increases. It is most used when betting black or red, odd or even, high or low. While this seems logical, every spin of the wheel is an isolated event and the odds of winning or losing are the same for you, regardless of whatever has happened prior to that.
In its purest form, the Martingale roulette strategy simply involves doubling your bets every time you lose. If you were to start out with a minimum bet of $5, the theory is that, you would keep doubling your bets every time until you win. While the strategy seems simple, there is no magic recipe that predicts how long a losing streak may last. Simple math says that after five or six bets the person employing the strategy would be risking a significant sum in order to win back double his original bet.
Variations of this strategy includes the reverse martingale strategy which involves doubling your bets when you win. To be successful, you obviously need to get out before the hot winning streak ends.
Fibonnacci roulette strategy
This roulette strategy gets its name from the mathematical sequence made famous by the Italian mathematician. The numerical sequence is basically each number after the first two is equal to the sum of the two preceding it. In numerical form, it looks like this:
1, 1, 2, 3, 5, 8, 13, 21, 34 and so on.
To use this sequence in a roulette betting system would involve betting on black or red, odd or even, high or low in bet sizes commensurate with the Fibonacci sequence until you had a win.
In practical terms, this would mean you would start off by betting say one dollar on black. If the bet failed you would bet another dollar on black. If that bet failed, you would bet $2 on black. If that bet failed you bet $3 on black and so on.
When your bet wins, you move your betting stake two places back in the sequence.
The beauty of this system is that you can actually lose more bets than you win and still walk away in front.
D’Lambert roulette strategy
This cautious roulette strategy is a strategy that mitigate risk to some degree. The strategy involves increasing bets by 1 after a loss. If you were to start betting on black with $20 and were to lose, your next bet would be $21 and your bet after that would be $22. When you win a bet you would then decrease your bet by 1. If you are able to keep track of your wins and walk away when your number of wins is equal to your number of losses, you will be able to walk away with a small profit.
The hardest part of this strategy is keeping track of your amount of wins and losses as you have to rely on your memory.
The 007 roulette strategy
Here's one for the risk takers. Ian Fleming the author of the James Bond books claimed that this method was guaranteed to win if you used it regularly.
To make this method work, you need a stake of $200 and you need to be prepared to lose the lot.
Simply explained, the roulette strategy requires you to place $140 on the high numbers, 19 to 36, then to place $50 on the numbers 13 to 18, then to take out $10 insurance on the number zero.
If zero comes up, you'll make a tidy profit of $160.
If any numbers between 13 and 18 come up you will make $100.
If the high numbers come up, you will still be in profit by $80.
The bad news is that if the numbers 1 through 12 come up, you've done your dough and may have to resort to another strategy to win back some of your money.
This is the 007 roulette strategy and as you can see, it contains more than an element of risk but the rewards could be substantial. It certainly isn't one for the faint hearted.
The Parolli roulette strategy
This roulette strategy is one for the optimistic. Essentially the Parolli system backs in the winning streak. It assumes that wind will follow wins. A prudent Parolli roulette strategy would involve doubling the bet after the win and then doubling it again if you win again. After that the strategy would revert to the original bet. Some players on a winning streak will continue to double their bets. No hot streak lasts forever and the longer it runs the more likely it is to end. Doubling up after three successive wins is not how to play roulette and survive. If you choose to use this strategy, it is recommended that you revert to your original bet amount after 3 wins.
Now you have a broad understanding of the possible roulette strategies you can use. Once you've familiarised yourself with them and are comfortable with the concepts, it may then be worth putting them into practice by trying online gambling, playing roulette online at Joe Fortune, the best online casino for Australians where you can win more with higher payouts than traditional casinos - you can even play using Bitcoin if you like. If you want to try your hand at other fun games to win real money, then try out baccarat, blackjack, pokies and craps online.