One of the most popular games when it comes to online gambling is roulette. The main reason for this is due to its simplicity as a game, it is very easy to understand, to play and is quick.
You will be most likely familiar with the process of the game, where a little ball is entered into a roulette wheel that contains 37 numbers if you are playing European roulette or 38 numbers if you are playing American roulette.
The colors will be red and black depending on if the number is odd or even. There will also be one or two zeros, which are usually, green. Whichever number the ball lands on will determine the winner.
The house will always have an advantage when it comes to roulette if you play randomly, but there are certain strategies that have been used many times over the years to great effect.
In this article, you will learn a bit about the different strategies you can use to make a consistent profit when it comes to online gambling and roulette.
Magic 8 system
This is a commonly used strategy for attempting to beat online roulette. This is based on using some form of online software that will do the complex mathematics for you and attempt to forecast what the next number for the following spin is going to be.
For example, the odds show that a previous number does have a likely chance of being repeated after eight rounds consecutively have been played.
This is an easy strategy to follow. For example, say the previous eight numbers shown were 4,23,21,12,6,34,1,22 then you would place a bet on 4 appearing next.
Keep betting on each round in this fashion until you reach the end of this eight number sequence. Ifyou don’t win by doing, this (which is often not likely that you don’t win anything) then you can repeat this process by using a slightly longer sequence of say 11 numbers. You shouldn’t begin with this many, as your risk factor will be raised. Keep it disciplined to eight rounds. Whenever one of your number successfully comes up, miss the next round and repeat again from the start.
This strategy is dictated on whether you are winning or losing as you alter your stakes accordingly. Whenever you lose, you should double your bet the next time around and lower it to the minimum the next time you play.
This means if you start betting with $1 and lose, you will stake $2 the following round and so on. If you win, you will return back to your initial stake of $1.
Eventually you will win if you keep doubling your stake, but you need to keep in mind the table limits.
The Fibonacci sequence is a group of numbers in which the sum of the preceding two numbers is the following number i.e. 1, 1, 2, 3, 5, 8, so on and so forth.
To use this sequence when it comes to roulette, you go one step forward when you have won and two steps back when you have lost.
For this strategy, you should use one of the 50/50 options, such as Black/Red.
This is a strategy in which the idea is to beat the odds by increasing the stake you have chosen by one each time you win and then decreasing it by one whenever you lose. Just like the other strategies, you should be using this only on games of a 50/50 split, such as Black/Red.
Further tips to maximise roulette profits
Make sure that you completely understand the odds before you have placed your bets
When it comes to roulette, there are two main approaches that you can take, both of which are widely different.
The first one is to make larger sums of money by betting on single numbers or winning smaller sums by betting on many numbers at the same time. Obviously, the larger the quantity of numbers you bet on is, the more likely you are to win.
When starting off with roulette, many beginners do not understand this and will often just bet on a single number, not knowing the small chances they have of a return. Instead, they should stick to the outside of the board where you can bet in dozens or the colour of the result.
Don’t impair your senses when betting on roulette
The last thing you want to do is sit down at your computer while you are drinking and start playing roulette. Your senses will be impaired and you will very likely start losing money very fast. You will make stupid bets and you will severely regret your actions come the morning time. Just like with any form of gambling, make sure that you have a clear head and your judgement is not impaired by emotion or a substance.
Never bet what you cannot afford to lose
When it comes to online gambling, you need to know your limits. Unlike live roulette where you put down your physical cash when betting with chips, when laying online it can seem as if the number s on the screen are fictional and you don’t think of it in terms of being your actual money.
You should always have a strict budget in place and never go over that when you are gambling or else it is a recipe for disaster. One of the most important parts of being successful when it comes to gambling in the long run is to have discipline and strict bankroll management.
Don’t rely on gambler’s fallacy
When you say to yourself that you are bound to win the next spin because you have lost so many in a row and are due a big win, you need to check yourself. There is no such thing and very often the opposite is true. There are no magical fairies that are going to change your luck at the roulette table.