Learn How To Manage Your Roulette Bets For Greater Profits!
By Stephen Todd
Many players
seek to increase their chances of winning at roulette by using roulette
systems, but there are two reasons why they don’t work.
Roulette Is
Random Game Of Chance
The house always
has an advantage because roulette is a game of chance. Roulette systems
will not be able to achieve anything over the longer term that can cancel
it out. The casinos are smart and even put rules in place to prevent you
getting an edge. Let’s look at an example:
The House Advantage
Money management
and roulette systems cannot affect the house advantage on any bet, nor
guarantee that you will win more money. The house has an advantage before
you apply a system and has that same advantage after you apply it. The
house edge does not change. The house always has an advantage; you cannot
change it, or manage it.
Roulette Money
Management
The Martingale
system is a money management system, (and is the most popular in online
roulette), in which the dollar values of bets continually increase after
losses, until you win.
The Martingale
system is a simple system and looks in many ways very logical. It is based
on the probability that losing an infinite number of times in a row is
not possible.
Usually applied
to 'even money' bets, it says that you should double up after each losing
bet until you win. However, casinos are wise to this and impose table limits
that are described below. That aside, let’s look first at how the Martingale
system works, and its flaws.
Let’s use even-money
bets. Now let’s look at an example of the Martingale system in operation
with a $5 bet and $500 table limit.
You bet $10.
You bet $20.
You bet $40.
You bet $80.
You bet $160.
You bet $320.
You bet $640;
Sorry you have
exceeded your table limit game over!
The Flaws and
Drawbacks of the Martingale System are Obvious:
Each Spin Is
Random Event. The martingale system works on the premise that you must
win eventually, and this is correct, (assuming an infinite number of events!),
but a losing or winning streak cannot be determined in advance.
If you had
a large bankroll and could carry on forever you would of course probably
win at some point, but casinos are wise to this and take action.
Table Limits
All casinos
have minimum and maximum table limit to prevent ongoing doubled up consecutive
bets. In the above example it was min $10 max $500, which allows only six
bets of this kind, and six or more losses in succession are not uncommon.
Once the table
limit is hit, the use of the Martingale system is over and your money is
lost. Casinos are not stupid, they play with the odds in their favour and
table limits ensure this.
The fact is
that with table limits and the system's reliance on luck, the Martingale
system is not really a viable money management system at all.
What Can Be
Done To Cut The House Edge and Make Profits?
Roulette systems
for money management are common and none of them work.
However, you
can take simple steps to ensure your money lasts longer and that give you
greater chance of winning. These include placing bets with low odds, (betting
red or black means you will win for example 45% of the time), and there
are bets with even greater odds of success.
You also need
to play the right wheel with the right rules.
To find out
about these and other ways to increase your chances of winning, visit our
website: http://www.online-roulette-strategies.com
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