Roulette Strategy

How can you maximize your winnings in online roulette, or if you’re on a cold streak, keep a lid on your roulette losses? You love to play roulette and you probably have some memories of some tremendous wins, but when things are going bad, it can get ugly in a hurry. This is especially true if you are an online roulette player, where there are no outside forces to make you leave the table when you are in the midst of a losing streak. So how can you keep things under control?

Optimal Strategy in Roulette

Here we will go through the basics of roulette strategy and give you a few tips that might make an online roulette session more enjoyable.

Avoid the 00

roulette strategy tips

As we went through in the article covering roulette rules, American roulette wheels have a 0 and a 00, while European wheels have the single 0. Since roulette bets pay out according to what the odds would be if there were no zeroes on the wheel, the wheel with fewer zeroes is obviously better.

For more information about the odds in American and European roulette, please read roulette rules and odds.  If you play roulette online, you can always choose the European tables.

Pay Out of a Roulette Bankroll

It’s a good idea to set up a separate bankroll for all your gambling, and to agree to only risk a certain percentage of that bankroll per session. You may agree to replenish your bankroll monthly with an amount that is within your budget, so it won’t hurt your finances to keep a bankroll. This way you can only lose as much as you contribute to the monthly bankroll.

Set a Stop Loss

Another good tactic that is popular in the stock trading world as well as in gambling is setting a stop loss. This is an agreement that you will quit after you lose a set amount from your highest point. If your stop loss is $200, you will lose if you end up down $200 right away, or if you get up to $400 and fall back to $200, or if you get up to $600 and fall back to $400. The nice thing about this system is that losses are limited but wins are unlimited.

Make Smart Roulette Bets

The House edge in roulette comes from the zeroes on the wheel, so when you play online, be smart and only play at tables that have single zero wheels, also known as European roulette. With just a few exceptions, the odds are the same wherever you place your wagers on the roulette-table layout.

Naturally your chances of winning are higher on black-red compared to a single number, but if you hit that single number you’ll get 35 to 1 on your money whereas a black-red bet pays 1 to 1.Having said that, don’t place bets that might erase your entire bankroll after a couple of unlucky spins. If you plan on a three-hour session, maybe it’s wise to start with some smaller even-money wagers and then proceed to the high payout areas of the layout with potential profit.

On American roulette tables, players can take the "basket bet," covering 0, 00, 1, 2 and 3.  Covering an odd group of numbers skews the odds a bit, and this bet offers the worst odds on the board for the player, with a House edge of nearly eight percent.

Beware of Roulette Systems

Betting systems like the Martingale, where you double your bet every time you lose, are risky ways of playing. They alter your win/loss pattern by creating a situation where you have a number of small wins and eventually one very large loss.

In theory, the system works, but that is with an infinite bankroll. The bets build up rapidly after a while and pretty soon you might find yourself in a situation where you are risking your whole bankroll on just one bet.

And should you win this bet, you are just back to break even.

Betting systems should be used for fun and with a small portion of your bankroll. Risking a large part of your bankroll using a roulette betting system is not a wise way to manage your casino bankroll.

Remember the Gambler’s Fallacy

A lot of betting systems in roulette are based on the gambler’s fallacy – the belief that for instance red in roulette is more likely to come up because of prior events.  The dangerous thing is that our mind works the same way. When we’ve watched five “black” in a row, we feel that red must be next. We feel that the odds have increased tremendously.  It’s been said many times before – but it’s important to remember – isolated, random events do not affect one another.

Take Advantage of Online Roulette Bonuses

If you play roulette online you can always get a bonus for signing up at an online casino. This is obviously something you should take advantage of. With the backing of a good roulette bonus you increase the chances of actually making money playing roulette.

Maximize Winnings in Roulette

Here we present four ways to maximize your online roulette winnings, or if you look at the other side of the coin, four ways to minimize the losses. We provide tips on how to manage your roulette bankroll and a good way to set a “stop loss” so you don’t exceed your budget (which sometimes is easily done in the heat of the action.) As we stated earlier, roulette is a random game and you need to get lucky to win. But there are ways to be smart with your money.

Four Ways to Maximize Winnings in Roulette Online

The Martingale Roulette System

roulette strategy martingale roulette

The Martingale system is probably the most discussed betting system in roulette, and there are many players who strongly believe it works in the long run. The basic idea of the system is that a player doubles his bet after every lost wager. In doing so, he will always gain the size of the initial bet when he finally wins. However, there are a few built-in problems when using the Martingale system in a casino. We analyze the system here.

The Martingale Roulette System

The Fibonacci Roulette System

fibonacci roulette system

The Fibonacci sequence goes all the way back to the 13th century and has a peculiar habit of showing up in completely unrelated areas of life such as architecture, music and biology. Naturally people will try to use this in gambling. It works a bit like the Martingale system, where you double the bet after every loss, but this is a less steep system. Read this article to learn how to calculate a Fibonacci sequence and how to use it at the roulette table.

The Fibonacci Roulette Betting System

The Paroli Roulette System

The Paroli betting system is one of the more popular systems in roulette. Basically it tells you to follow a 1-2-3-6 sequence. If you lose on either of the two first bets, you’re one unit behind. If you lose on step three or four you break even, but if you win four bets in a row you’ll be up 12 units. Naturally – and this is true in all systems – the house advantage is still there, but if you think it’s more enjoyable playing in a pattern this one is not shabby at all.

Paroli Roulette Betting System

Roulette Strategy Summary

In roulette, the best thing you can do is probably to forget about strategy altogether, apart from choosing European tables and staying away from “sucker bets.” Of course, it doesn’t matter if you bet on your lucky number or perhaps a particular sequence of numbers; they will be as good as any other numbers. Not better, but not worse either. Just don’t get carried away with some elaborate system that is said to guarantee profit. There simply is no system that works.

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