Roulette Betting Systems - The Player's Fallacy or Money Making Machine?
Since the invention of the Roulette wheel back in 18th century in France, many people have been trying to overcome the house-odds by using certain roulette betting systems & strategies. Over the years, hundreds of systems appeared, mostly based on the gamblers well-known Martingale betting system. Now, let's get straight to the point. Which one of them in a long term can overcome the house advantage and guarantee you profit? Are you ready for the answer?
The answer is: None-Zip-Nada!
"You cannot beat a roulette table unless you steal money from it." - Albert Einstein
Of course this doesn't mean you can not win at Roulette at all. In fact, winnings can be staggering, but it is very important to emphasize that non of the so-called strategies can guarantee you profit in a long term whether you play online roulette or you enjoy it in your favorite brick & mortal casino.
Martingale Betting System
The Martingale system is based on the idea that doubling your bet after every loss and until your first win, would recover all your previous losses plus win a profit equal to the original stake. In other words, if a player bets $1 on red (or black) and loses 5 times in a row and winning on the 6th, the results are:
Wins: $32*2 = $64
Total Score = Wins - Bets = $1
Great, isn't it? Well, there are only two problems here.
The first - your budget ; The second - table limits.
In the first scenario, let's assume that your budget is $500. If your starting bet is only $1, and you lose 8 times in a row (which will eventually happen), you will not have enough of money to even make your 9th bet.
($1 + $2 + $4 +$8 + $16 + $32 + $64 + $128 + $256 = $511)
And even if your budget is wealthy, in millions of $$$, every single roulette table has limits. Simple, you can not bet from $1 doubling it to infinity. Sooner or later you will hit the table limits. And one more thing. Roulette ball doesn't have a "memory". This simply means that if black color appears 10 times in a row, the possibility that next color would be red is exactly the same as the possibility it would be red. This is one of the biggest gambler myths: That an event that has not happened recently becomes overdue and more likely to occur
Other Roulette Systems
There are hundreds of other Roulette strategies mostly variations of Martingale. They all have one thing in common � the expected return in a long term is negative. I will mention just a two of them: Labouchere Betting System and D'Alembert Betting System. The first one is very similar to Martingale but doesn't require the player to risk his stake as quickly and dramatic as in Martingale method. The second one also known as "pyramid system" is very simple and uses the small betting progression. Example: Starting bet is $10. Loss would result in betting $11 next round, and win would result in betting $9.
There is no formula on Earth that can guarantee you 100% win on Roulette. My advice would be: manage your money, and don't spend more than you can afford. Have fun and hopefully lucky lady will visit you. Also, take advantage of online playing by claiming deposit bonuses as a new player. 888.com Casino has great variety of casino games, including Roulette and offers up to $400 bonus to new players. Good luck!