Sunday 7 June 2020

Roulette Betting Systems

Roulette Betting Systems
Roulette is hugely popular, with almost every casino offering the infamous wheel and associated betting opportunities. Because roulette has a built in house edge, many betting systems have been designed to help gamblers relieve casinos of their money. The best known of these is the 'Martingale' system with its many variants. This article looks at three of the best known roulette betting systems and describes how each one works. We conclude the article by noting that, over time, the house will come out on top - but that short term fluctuations (and comps!) can both come to the advantage of the players.
Roulette Betting Systems #1 - The Martingale System
Simplicity is the key to the infamous Martingale betting system. This works on the even number bets (red / black or odd / even or first 18 / second 18) and simply involves doubling your stake each time you lose. If you win you return to your original stake. Each time you hit the winner you will have returned a single bet. For example if you bet in units of 10 and lose 3 in a row before winning the 4th spin, your outlay = 10 + 20 + 40 + 80 = 160, and your return is 160, a net gain of 10. The key advantage of this system is that it is very simple, the key drawback is that a prolonged sequence of losses can lead players to go broke more quickly than they believed possible.
Roulette Betting Systems #2 - The Fibonacci System
Fibonacci was a famous mathematician who probably never imagined that his sequence of numbers, which grows by adding the last 2 entries, would be used in a gambling system. Again this relies on the even money roulette bets, and once again you keep playing your desired stake until you lose. When you lose your bets do not double immediately, they go up in Fibonacci sequence. This is 1 - 1- 2 - 3 - 5 - 8-13 - 21-34 - 55- 89 and so on... each entry being the sum of the 2 figures directly before it. When you win with this series you do not go all the way to the start, instead you take off the last 2 numbers in the sequence and go to the number before that. For example if you bet 21 units and win, then remove 8 and 13 which makes your new bet 5. Advantages of the Fibonacci roulette betting system is that the stakes rise slower than with the Martingale system. Disadvantages are that this system is a little more complex to use in practice.
Roulette Betting Systems #3 - The Cancellation System (Labouchere System)
The Cancellation System is another gambling system that works with many different types of casino games where even money (or close to it) propositions are involved - making it suitable for roulette. You start this system by writing down the number of betting units you are trying to win and then the sequence of numbers to reach your total. The most common example is an aim to win 15 units can be summed from 1-2-3-4-5. You then bet the total of the first and last numbers (6 in this case). If you lose you add the new number to the end and repeat the bet (now 7). If you win then cross out the 1 and 5 and repeat the bet with the new sequence of 2-3-4. This system has the advantage of being simple to operate, and having smaller increments than many other betting systems. As with all roulette betting systems, the disadvantage is that a prolonged series of losses will see your stakes rise very fast, and can wipe out even wealthy gamblers.
Remember, whatever system or 'lucky numbers' you choose on the roulette wheel - you should gamble only with money you can afford to lose. Taking advantage of the bonuses and comps offered by online casinos can go a long way to balancing out the house-edge which casinos build into all of their games.

1 comment:

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