Roulette is loved by almost anyone who has spent some time in a casino. While it is technically a game of chance, a few strategies have been developed over the years to help increase your chances of walking away profitable. In this article we are going to go over two of the more popular roulette strategies and what makes them stand out from one another.
The Martingale Strategy
The Martingale betting strategy may be the most popular strategy available for roulette. It is a simple Negative progression strategy which involves doubling the bet every time you lose and returning to your original bet when you win. This strategy is not so much focused on sheer profits but preventing losses. The main idea of the strategy is that winnings will generally not be big, but you should theoretically not lose any money as you are constantly doubling to cater for losses.
While this strategy has proven to be effective for most bettors, it does come with its own set of drawbacks to be aware of, Know them well to increase your chances of being successful with the Martingale system.
- Bankroll – While it is not conmen to have several losses in a row, it does happen from time to time. A good general rule of thumb is to have enough capital to be able to double at least seven times. So if you were playing an initial of $1, the recommended bankroll would be at least $256 in order to be able to roll seven times. While it isn’t strictly necessary, it is a good rule to follow to ensure you don’t lose your bankroll. It is still possible to have streaks over seven, so be cautious when playing. You don’t have to play every roll.
- Table limit – Know the table limits available in roulette. At times the table limits may prevent you from rolling the losses as much as you want to. Try and find a table with higher limits while still allowing you to play within your budget.
The Fibonacci Sequence
The Fibonacci sequence is similar to the Martingale being a negative progression strategy, except it is a bit more restrained when it comes to the increase intervals and a win does not reset back to zero. The sequence is quite simple, start at one, each time adding the previous two numbers together to get to your next betting number. Below is the first 10 digits and hopefully all you will need successfully use the Fibonacci sequence
The Sequence 1, 1, 2, 3, 5, 8, 17, 21, 34, 55.
When you lose, you move to the next number up. If you win, you move one number down in the sequence. For example, If you lose until you bet $17 and then win, your proceeding bet should be 8$. This sequence is less sheerly focused on loss prevention and more a healthy balance between loss prevention and profit chasing.
When using either betting method mentioned above, do keep gamblers fallacy in mind and stick to your bank roll.