Roulette – Betting Strategies
For some players, betting strategies are the bread and butter of roulette as such. For others, they are something that’s best left untouched. Both sides of that argument have some merit, but we’re not going to dive into that debate in this article.
Instead, we’re going to take a look at some of the most popular betting strategies – and it will be up to you to decide what to do with them.
Let’s start by taking a look at the most famous betting strategy of them all, the Martingale strategy. You might not be able to recognize its name, but we’re pretty sure that you’ve already heard about what it entails.
The premise is surprisingly simple. As everyone knows, there are some types of roulette bets that pay even money – you can bet on Odd/Even or on Red/Black, for example. Martingale is then best summed-up as a “double-up-after-you-lose” strategy. After all, it seems guaranteed that you’re going to win eventually. And, once you do, you’ll recoup your losses and win a bit more on top of them.
Let us give you an example here. Let’s say that you decide to play for $10 and you stake it all on Red. If you win, you’re going to pocket your $10 and start again. If you lose, however, you’re going to double your bet to $20 and stake it all on Red once again. If you win, you get $40, which amounts to a profit of $10 ($40 minus the two bets of $10 and $20). And, if you lose, you’re going to double your bet to $40 and do the entire process yet again. The strategy then continues until you finally manage to get a profit of $10 – or, well, until you lose all your money.
From the theoretical point of view, Martingale is reasonably sound, especially if you also have a huge bankroll to play with. Unfortunately, you are bound to lose it in its entirety if you play for long enough – and there’s also the issue of bet limits that kill the stake progression fairly early on.
The basic Martingale system is good enough for most players, but someone also decided to invent the so-called Grand Martingale strategy. If you decide to follow it and lose your first bet, you’ll have not only to double the initial amount, but also to add another stake unit to it.
Suppose that you decide to play for $10 and that you decide to stake it on Black. If you win, everything will be fine, as you’ll get a nice little profit of $10. If you lose, on the other hand, you’ll have to stake $30 on your next bet (double the initial amount plus another $10 stake).
If you lose again, the Grand Martingale system will require you to stake $70 (double the initial amount of $30 plus another $10 stake). That’s the bad news – the good news is that you’ll always be aiming for bigger profits with these subsequent bets.
All in all, Grand Martingale is just a crazier version of Martingale. You can win much more if you’re lucky, but the eventual loss will come much sooner if you aren’t.
The d’Alembert betting system is based on the intuitive – yet mistaken – assumption that the outcomes of bets should eventually end up in some sort of a balance. Based on that assumption, it dictates that you should decrease your bet by one unit after you win and increase it by one unit after you lose.
Unfortunately, there are no laws that would ensure balanced results, which is something that you’re going to find out on your own if you decide to follow the d’Alembert system for a while.
The Paroli system is all about betting aggressively when things are going well and then cooling down once you start running out of luck. Whenever you win, you’ll simply double the next bet – and you’re naturally going to double it again if you win again.
If that isn’t enough, you can also try the so-called Paroli of Three strategy. Whenever you win, you’ll not only double your next bet, but also add another unit to it. And, if you win again, you’ll do the same, which means that your third bet will be for a grand total of seven units. Paroli of Three then dictates that you should stop and revert back to one unit after the third bet regardless of its outcome, but we suppose that this might be hard to do if you win it.
The Oscar’s Grind system isn’t all that famous, but that doesn’t mean that it isn’t interesting. It is, since it’s trying to take advantage of winning streaks (like the Paroli system that we’ve mentioned above).
Instead of increasing your bets whenever you lose, you’re going to increase them whenever you win – and you’re going to increase them by precisely one unit.
Suppose – yet again – that you decide to stake $10 on Red after losing a few bets in a row. If you lose, your next bet will be $10. If you win, however, you’re going to add $10 to it, so you’ll stake $20 in total. If you lose the second bet, you’re going to revert to staking $10. If your streak continues, on the other hand, you’ll play for $30 the next time around. The only thing that you need to keep in mind is that you should never bet more than what you need to restore your previous losses and win a profit of one unit (which is why we’ve included the “after losing a few bets in a row” clause at the start of the example).
The nice thing here is that Oscar’s Grind isn’t tied to any particular bet type. You’ll need to do a bit more thinking, but the adjustments will never be too drastic.
Final Thoughts on Roulette Betting Strategies
Although there are no betting strategies that could guarantee you a positive result, you might still want to give a few of them a go. Not only are many of them quite interesting from the theoretical point of view, but some of them can also make your roulette experience more interesting and entertaining – and you also won’t have to spend long minutes deliberating about how large your next bet should be!