Online roulette is surely one of the most convenient casino games nowadays. It’s a game of chance, so players don’t need to acquire any specialized skill. Not only is it easy to play, but it also gives thrilling gameplay!
Still, you’ll likely give the house an edge over you. Without roulette strategies, you’ll lose a lot of money. But we got you covered! Here are tips to make more money in roulette and how to preserve them:
In This Post
Learn How the Odds Relate to Payout
Understanding how odds relate to payout is one thing you should learn if you want to gain more yields on roulette. The basic idea is that you’ll get higher chances of winnings if the payout is smaller. In other words, the lower your winning odds, the bigger the payout.
For example, you’ll likely get a 47.37% chance of winning if you make straight bets on odd, even, red, or black. Also, note that the wheel has double zero and green zero. In this case, the house’s winning odds will be 52.63%, a 5.26% advantage over you.
With a simple bet like that and a chance of winning under 50%, you’ll likely get a simple payout: “even money.” For instance, if you bet $100 and win, you’ll likely get $200 (your initial hundred plus an equal amount in winnings).
Another example is if you bet on a two to 1 column and won, you’ll likely get $300 (your initial bet and $200 winnings). As you noticed, the highest payout at 35 to 1 is when you hit a single number. That means the house edge will constantly be at 5.26%, regardless of how varied the odds and payouts are.
Place Multiple Corner Bets
Placing a chip at the corner or in the middle of a square of four numbers is called a “corner” bet. It’s often called a “square” or “quad” bet. It’s another way to boost your winning odds at a roulette table, especially if you place multiple corner bets.
While the house edge stays the same as in a single-number bet, the chance of winning after placing multiple corner bets is higher, usually between 4:37-38. The payout is also better, around 1:8. Considering these higher winning odds, it’s safer than most other types of bets.
Corner bets help best if players want to overlap their betting area. They often use it to zero in on a certain number while spreading risks. It’s essentially a less aggressive form of the “complete” bet strategy (placing all the inside bets on a particular number).
Bet On A Low Minimum And High Maximum Table
Casinos want gamblers to play responsibly within their limits as much as they want to protect themselves. This is why there’s a max bet on roulette and a table minimum to help players know where they stand, encouraging them to spend what they can afford.
Table and betting limits come with perks for the players. First, they serve as a ceiling for potential losses. As stated, they help prevent excessive gambling in a single hand or spin. Second, they can also prolong their bankroll, gameplay, and, in turn, fun.
However, they can be confusing. If it’s your first to play online roulette, start betting smaller amounts on red or black and try your hand at the odd-even bets. These are simple and easy ways to boost your winning odds and, at the same time, a confidence booster for first-timers.
The Martingale Strategy
The Martingale strategy requires players to keep doubling their bets after losses and repeatedly placing them on the same outcome until they win. An eventual win brings them a big profit.
The problem with Martingale is that it can easily eat up one’s bankroll, especially after a losing streak. You’ll likely be in for a huge loss if luck doesn’t strike. Hence, it’s not advised for the long term.
That’s why following the Martingale strategy is only recommended if you’re willing to take big risks and have a big bankroll. On a positive note, it’s a great technique to cover up the previous losses alongside a nice profit.
The Fibonacci System
The Fibonacci system aims to cover all the previous losses and stay ahead by at least a small margin. Instead of aggressively increasing bets after every loss, like in Martingale, it enables players to add the amount of the two previous bets after a loss in roulette.
By combining the last two bets, players can win more, despite losing more games than they win. This makes a much safer strategy than the Martingale strategy and other progressive methods.
Consider One Big Bet
Based on probability theory, how bets fare solely depends on the odds, and in casinos, we all know that the odds are stacked against all players. That’s why the safest investment advice is probably to bet nothing at all.
However, if you really insist on indulging in gambling, consider betting all of your funds on a single spin of the roulette wheel instead of making many smaller ones. It could be the best chance of doubling your bankroll but don’t get this wrong.
Remember that in roulette, the payouts on a red or black bet are twice your stake, yet the odds of achieving this are less than 50%. Of course, the difference goes to the casino’s profit margin. In other words, splitting up your funds into many small bets only gives the casino more profits.
Know When to Stop
Regardless of your gambling strategy, the possibility of losing doesn’t change. One big bet is one straightforward way to help you control your gambling urges. However, the ideal way is to remain alert while gambling and set limits.
Setting a time limit is common since it’s easy to lose track of time when engrossed in an online casino game. You can set an alarm on your phone or smartwatch or ask someone to remind you.
Another way is to set a win limit and a loss limit. Simply decide on a specific win or loss goal before gambling. Once you reach them in a session, stop playing and try again next time. These can help you avoid chasing losses, stick to your budget, and preserve gains.
Final Thoughts
No strategy can guarantee a win in roulette. It’s purely a game of luck. Besides going hand-in-hand with probability, there’s also an unbeatable house edge to consider. The only way to earn more is to preserve your gains and stick to your bankroll management.