Four Ways to Maximize Winnings in Roulette Online
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?
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.
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.