Roulette Betting strategies
"You cannot beat a roulette table unless you steal money from it."
Nevertheless, there have been many players over the years that have tried to beat the game by using one or more variations of the Martingale betting strategy.
In this strategy you make a bet and double the bet after every loss. This would mean that the first win would recover all previous losses, including a profit equal to the original bet. This betting strategy has resulted in large financial losses for many players because of the long-term consequence. Regardless of which strategy you use, no strategy can statistically overcome the house edge.
Betting only on red
One strategy would be to bet on the ball landing in a red space for a certain number of spins, for example, 37. There are 18 red number on a roulette table with 37 total numbers including the single zero. When dividing 18 by 37 there is a 48.65% probability of the ball landing on red. When you bet like this and the wheel spins 37 times, there is a 99% probability that the ball would show on red at least 10 times. There is a 83% probability that the ball will show on red at least 15 times. Out of 37 spins, there's a 50% chance that 18 will be red.
The break-even point is 18,5 spins, however , since the bet on red is 1:1, and the probability of 18,5 or more red spins in 38 has been claimed to be only 37%. This indicates the difficulty of winning by only betting on red.
The Labouchere System is much like the Martingale betting strategy but does not require you to risk your stake and bankroll as quickly with double ups. The bet amount is determined using a series of numbers in a line, following a win or a loss. Typically, the player adds the numbers at the front and end of the line to determine the size of the next bet. When he wins, he crosses out the outside numbers and continues working on the smaller line. If he loses, then he adds his previous bet to the end of the line and continues to work on the longer line. This is a much more flexible progression betting system and there is much room for the player to design his initial line to his own playing preference.
The dozen bet
There are two variations to this system, single dozen bets and double dozen bets. In the single dozen bet variation, the player uses a stake list starting from the casino table minimum, to the table maximum, increasing the bet progressively. Thegoal is to win a dozen bet before the table maximum is reached. The double dozen bet variation uses two dozen bets and half the stake sizes of the single dozen bet version.
1st and 3rd column strategy
When you bet $2 on the 1st column and $2 on the 3rd column you will have most of the red numbers on the table covered. When you bet $2 on black this will provide insurance for when a black number shows. This system covers nearly all numbers except for the single zero and the 4 red numbers in the middle column. If the result is a red number in either the 1st or 3rd column, you will break even. If the result is red in the middle column you will loose $6. If the result is black and in the middle column, you will loose $2. If the result is a black number in the 1st or 3rd column, you will win $4. You could also use the game of the 2/3 that will give you a maximum of 66.6% chance of win.