Strategies and Tactics for Roulette Betting

A famous quote by Albert Einstein is one where he reputes "You cannot beat a roulette table unless you steal money from it."  Many strategists have tried to develop winning systems for roulette.  Because there are so many even-money bets in roulette, many have been inspired over the years to attempt to beat the game using one or more variations of what is called the Martingale betting strategy.  This strategy is where the gambler doubles his/her bet after every loss.  The idea is that the first win will recover all previous losses and also win a profit equal to the original bet.  Unfortunately, this betting strategy if flawed due to the probably and inevitable long-term consequence and potentially large financial loss.

Another strategy is known as the Fibonacci system.  Here bets are calculated according to Fibonacci sequence.  The Fibonacci system is largely based on a natural number progression sequence.  It works by starting with the number 1 and then adding the previous two numbers in order to get the next number.  A player will start with a bet of one unit and then keep betting that one until they lose.  Once a loss occurs, they move up the Fibonacci ladder and after a win, the player backs up one level.  Upon winning two consecutive bets, the system is considered to be completed and they start again from the beginning.  Even with this strategy, no such system can statistically overcome the edge the house has over the player.  This strategy, however, has been proven to be one of the safest betting systems.  The problem; however is that most of the winning bets will happen while betting on one unit only.  This makes betting for the high rollers boring even if the system does tend to prove profitable.

Another strategy, noted not to win money, has been described as an enjoyable roulette betting method by LA Times editor Andres Martinez in his book on Las Vegas "24/7".  It is called the "dopey experiment".  The idea behind the strategy is to divide an individual's roulette session bankroll into 35 units and then bet this unit on a particular number for 35 consecutive spins.  The number of hits in that time, the gamble wins back the original bankroll and can play more spins with house money.  The probability of winning, however, is 6068% with 35 spins.  This is assuming a double zero wheel with 38 pockets.

A common misconception involves green numbers.  It is believed that these are "house numbers" and by betting on them, one will gain the house edge.  It is true, in fact, that the house's advantage comes from the green numbers because ea game without them would be statistically fair.  They are, however, no different than any other number.  The odds of them, as well as any other number coming up are all the same.  So although different strategies and tactics exist at an attempt to increase the player's odds; it's still all chance.

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