Of course, roulette is completely a game of chance, right? Well, would you believe that there are actually numerous strategies that are extremely popular in trying to cut losses as much as possible? These can be adopted both at the tables in casinos or whilst playing on online casinos and just require you to keep track of wins and losses to make quick judgements. Also, Roulette is just like a game of blackjack, as well as poker it’s fun and exciting to play but you also have to know if you are already losing or winning to avoid big losses and ensure big wins.
The Martingale Betting System
To use this method, you must find a table or online poker game where there is a small minimum bet and a high maximum bet so that the doubling strategy is not capped by the inability to place high bets. To demonstrate the system, imagine the following:
- Bet £10, win and pocket the winnings
- Bet the base wager of £10 again. If you lose, double the bet.
- Bet £20, win and make back the money you just lost.
This system is arguably the most common strategy on this list. So much so that many people believe that they have developed it themselves without realising that it is a tried and tested method. It’s quite simple when you think about it, wherein you double your bet following a loss on a roulette game. Essentially, if you win the next bet then you have regained your previous loss.
However, no matter what system you use in a game of roulette, you must remember that it is still a game of chance with even odds and these structures in no way increase your chances of winning. They are simply a way of limiting your losses. This is why the Martingale Betting System is also known as the ‘gambler’s fallacy’. In a way, it almost tricks the player into thinking that there is a sure way of them winning. In fact, gamblers using this method tend to run out of money quicker due to the fact that a bad run could drain their bankroll quickly since they are doubling the bets. This is where the Martingale scheme becomes dangerous as people can quickly blow through their bankrolls by spending all of their money or hitting the table maximum.
The Paroli Betting System
The Paroli scheme is a system of positive betting progression where the player simply doubles their bet whenever they win. The factor that attracts so many people to using this system is the fact that it does not require a large bankroll and it means that you are able to cut your losses. For example, if a person wins a £5 wager but then loses their £10 bet, they have lost £10 in theory but technically they have only lost the £5 base wager. It is also used in roulette because the system works better when the player has an even chance of winning.
The Reverse Martingale Strategy
You may have heard or even used the Martingale Strategy but what about the Reverse Martingale Strategy. If the former is not working for you, why not try increasing your bets when you win and decreasing them when you lose. Consequently, a player will increase their earnings on streaks and limit their losses when you lose. Like the Martingale strategy, this method also requires a table with a small minimum bet and a high maximum bet.
To execute this, you must first bet a small amount of your bankroll on a colour. Then you continue to bet the same amount of money on the same colour until you win. When you do eventually win, you then double the bet for the next spin and continue to do so every time you win. If you lose, you simply mover back down to the original bet. This way you’re only technically losing a small amount of money from your original bankroll.
The D’Alembert Strategy
Based on arithmetic, the D’Alembert strategy is a much safer option than the more popular Martingale betting systems. The strategy ensures that even if you have as many wins as losses, then you will still be profitable. However, like the other strategies, you cannot beat chance with the method and therefore it does not guarantee you a chance to build your bankroll. Therefore, a player should walk away when they have had at least as many wins as losses in order to cut their shortfalls.
With the D’Alembert strategy, the player must increase their bets by one after a loss and decrease them by one after a win. For example, if a person wins a £5 wager, they would then bet £4. However, if they later lost this £4 wager, they would subsequently have to go back to betting £5. As a result, even though the individual has only won one of the two bets, they have still made a profit on roulette. This is when it would be advisable that you should walk away whilst you have made money.
The Fibonacci Strategy
Now this one is confusing so we’re going to give you an example. Centuries ago, an Italian mathematician called Fibonacci discovered a sequence generated by adding the previous two numbers together; 0-1-1-2-3-5-8-13-21. It was then discovered that this was a useful tool in roulette strategy. To use it, you must start by betting a small amount on a roulette table. If you lose, you then continue with the sequence to make your money back until you win a bet. At that point, you move 2 places back in the sequence to limit your losses.
One important thing about this strategy is that you don’t have to start at 1 or even follow the actual Fibonacci sequence as long as you add the two previous numbers together and move back two whenever you win. It’s also important to remember that this will not improve your chances of winning as they are still 50/50 but will just mean that you can profit in less time. Our example using the actual original sequence helps you to understand how to actually utilise the sequence, but you can change it up however it suits you.
So, if you start by placing a bet of £1, your next bet would be £1, £2, £3, £5, £8, £13, £21 and so on if you were losing. However, we also did a ‘real-life’ example:
- Player bets £1, loses
- Player bets £1, loses
- Player bets £2, wins
- Player bets £1, loses
- Player bets £1, wins
- Player bets £1, wins
In this example, the player has lost as many bets as they have won and yet they have still made a profit.
The James Bond Strategy
Claiming that his strategy was ‘foolproof’ and would always buy your dinner, Ian Fleming developed this strategy. The author of James Bond claimed that you need at least £200. To play, you must place £140 on high numbers, £50 on six numbers and £10 on 0 for insurance. If all three of these bets win, dinner is on you as you have won £340, making £140 profit. However, like with all of these strategies, they do not completely guarantee a win for the player and despite what Fleming claims, you may walk out of the casino £200 down.
As always, we are constantly promoting the use of responsible gambling as these strategies do not actually guarantee you a win in roulette. They are instead used as a way of making a profit quickly. Thus, if you feel like trying them out, play roulette on our site today!