How To Make Money In Roulette
Roulette offers a bewildering number of betting options, but the bets are actually straightforward enough. In order to make sure you get the correct payout, you’ll want to make sure that you put your chips in exactly the right place on the table. Missing a payout because your chip isn’t in the right spot is a drag.
Roulette payouts are an important part of roulette strategy. They work like this. The odds are stated in the form of x to 1, which means you’ll win x dollars for every dollar you’ve bet. For example, the single number bet offers a payout of 35 to 1. If you win, you’ll get your dollar back plus the $35 for the win.
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The best bet in roulette is on a European roulette table which offers the en prison option. This reduces the house edge by half again, making it only 1.35%. Here’s how it works: On a European roulette game with the en prison rule in effect, your even money bet becomes “imprisoned” when the ball lands on the zero. The second crucial aspect is to verify if the casino offers roulette bonuses. Bonuses mean free money, so always keep an eye on them. In the end, keep in mind that roulette asks for smart playing techniques. If you do it smartly and manage your money by the book, you will have fun while also making some extra money.
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Payouts on the Outside Bets
On the edge of the table are a series of bets which are “outside” the 38 numbers on the table. Each of these bets refers to a specific set of numbers or colors. If the ball lands on 0 or 00, you’ll lose on any of the outside bets.
The outside bets include:
Red or Black – This bet pays out even odds (1 to 1) if the ball lands on the color you chose.
Odd or Even – This bet pays out even odds (1 to 1) if the ball lands on odd or even, depending on which you chose.
Low or High – This bet pays out even money (1 to 1) if the ball lands on 1-18 if you bet low, or if the ball lands on 19-36 if you bet high.
Columns – The numbers on the layout are organized into three columns of twelve numbers each. A “columns” bet wins if the ball lands on one of the numbers in the column you chose. This bet pays out 2 to 1 when you win.
Dozens – There are 36 numbers on the table, so you can bet on the first dozen (1-12), the second dozen (13-24), or the third dozen (25-36). This bet also pays out 2 to 1.
Payouts on the Inside Bets
You can also bet on specific numbers and sets of numbers on the inside of the layout. These bets win less often, but they pay out more when you do win. The house edge on the inside bets is the same as the house edge on the outside bets.
The inside bets for roulette include:
Straight-up – This is a bet on a single number. It pays off at 35 to 1.
Split bet – This is a bet on any two adjacent numbers. You place the chip on the line between the two numbers in order to make this wager. This bet pays out at 17 to 1.
Street bet – This bet covers three numbers. You place your bet on the line outside of the three numbers in the row where you want to win. This bet pays out at 11 to 1.
Corner bet – Some people call this a square bet or a quarter bet. It’s a bet on a corner that makes a square, and it’s a bet on four numbers. A win on this type of bet pays out at 8 to 1.
Five-number bet – You can only make one five-number bet, and it’s the only inside bet that offers different odds from all the others. The problem is that it has a higher house edge, making it the worst bet on the table. This bet is on the numbers 0, 00, 1, 2, and 3, and you place the chip on the outside corner line between the 1 and the 0. This bet pays out 6 to 1, but only masochists place this bet.
Six-number bet – Some people call this a line bet. It covers two adjoining rows of numbers. It pays out at 5 to 1.
How Roulette Payouts Give the Casino an Edge
These payouts all have one thing in common—they pay out less than the true odds of hitting a win. That’s why the casino enjoys a house edge of 5.26% on roulette. Your odds of winning are always less than the payout amounts.
For example, the odds of winning a straight-up bet are 37 to 1. There are 37 numbers on the wheel that lose, and 1 bet on the wheel that will win. But the bet only pays out 35 to 1, not 37 to 1, so the house wins more often than it loses.
A split bet offers you odds of winning of 18 to 1, but it pays off at 17 to 1.
I could list all of them, but you get the idea by now. The casino has an unassailable mathematical advantage on every bet. No betting system or strategy can overcome this advantage.
Of course, in the short run, anything can (and often will) happen. This is called “standard deviation”, and it explains why some people walk away from the roulette table as winners. The mathematically true results only come around the closer you get to an infinite number of spins.
So the best way to approach roulette is as a lark. It’s a fun game. You can relax and socialize while you play. But don’t expect to win, because the odds are against you. And if you do win, walk away and smile, because you beat the odds.
What You Should Know About Roulette Systems
Roulette has been around for many years, and people have developed many different strategies that have varying success. You may read about some and hear that people have made a fortune from them, and naturally think that these are the ones to go for. But don’t be fooled. A lot of those claims can’t be backed up, and even if they can it doesn’t mean you will have the same success.
So what roulette strategy should you use? Here I’m going to explain in some detail why I think the Labouchere roulette system is arguably the best and be sure to check out more information on how to use it on the Labouchere roulette system page.
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What Is The Labouchere Roulette System?
The strategy was first introduced by Henry Labouchere, a well-learned man born in London. An avid roulette player, Labouchere developed this rather complicated system using mathematical techniques, and it has become one of the more popular strategies among gamblers today. So why can it be so successful for you?
First, let’s see how it works – it uses negative progression where bets increase when you lose and when you win, you place lower wagers. It is applied only on the following outside bets – red/black, even/odd, and low/high and you can place the same bets during the entire session (for instance on odd numbers), or you can move the chips whenever you like. You also start by determining how much you wish to win during this gaming session. In theory, you need to win only a third of all spins plus two to get a profit. For instance, if you play 100 spins, you are expected to come with a profit after 35 spins (actually, the exact number is around 35.33 spins).
Perhaps the main benefit of this system is how versatile it is. After all, if I were to write about a roulette strategy that was only suitable for those with a large bankroll (the Martingale for example), it certainly wouldn’t be the best strategy for a lot of players (I’m not saying the Martingale is the best strategy for those with a large bankroll either!). With the Labouchere roulette system though, anyone can adjust how it works to suit their bankroll, their end target and how long they want to spend getting there.
Why This Roulette Strategy Is So Effective
I won’t get into too much detail here about how it works, as I have already written a detailed guide on how to use it, but I will explain briefly how it can be modified to suit you. In short, it uses some basic calculations to determine the size of your bet after each loss or win. You start by deciding on a target profit. Let’s say you have a bankroll of £100, and your target is to make a £50 profit in a relatively short period of time. Using this strategy, you should write down a sequence of numbers – their sum has to equal your target. Alternatively, you may try to reach the profit of £50 in several separate rounds.
If you are not confident in the strategy or in your luck, you might want to try a sequence like this – 0, 1, 2, 3. You can see how it may happen in a favourable round in this example:
Spin | Sequence | Bet | Win/Lose | Profit |
---|---|---|---|---|
#1 | 0,1,2,3 | 3 | Lose 3 | -3 |
#2 | 0,1,2,3,3 | 3 | Win 3 | 0 |
#3 | 1,2,3 | 4 | Win 4 | +4 |
#4 | 2 | 2 | Win 2 | +6 |
Your profit at the end of each round (i.e. when the sequence is over) will be £6. Note how I’ve added a zero at the beginning to make the system slightly safer. For your first bet, you add the first and last number of the sequence, so your first bet will be just £3. Now if you wanted to reach your target a bit quicker, you could easily take this away, or of course, use a larger number. According to this method, you need to remove the 0 and the 3 from the sequence, in case you win. And your next bet is the sum of 1 and 2, so £3. If you lose, however, you add the lost bet to the end of the sequence, and you have 0, 1, 2, 3, 3. You can see in the following example a betting round where the number of wins and losses is equal:
Spin | Sequence | Bet | Win/Lose | Profit |
---|---|---|---|---|
#1 | 0,1,2,3 | 3 | Lose 3 | -3 |
#2 | 0,1,2,3,3 | 3 | Win 3 | 0 |
#3 | 1,2,3 | 4 | Lose 4 | -4 |
#4 | 1,2,3,4 | 5 | Lose 5 | -9 |
#5 | 1,2,3,4,5 | 6 | Win 6 | -3 |
#6 | 2,3,4 | 6 | Lose 6 | -9 |
#7 | 2,3,4,6 | 8 | Win 8 | -1 |
#8 | 3,4 | 7 | Lose 7 | -8 |
#9 | 3,4,7 | 10 | Win 10 | +2 |
#10 | 4 | 4 | Win 4 | +6 |
But let’s say you have a larger bankroll of £500, and you want to double your money by the end of the night. Then you could change this to create a more aggressive sequence that works exactly the same way but provides a much higher return. For example, you can take the sequence 10, 20, 30. Your profit at the end of each sequence here will be £60, and with fewer numbers, you can expect to achieve that more quickly. You could make it even quicker but produce the same profit by changing the sequence to 20, 40. In the example below, you can see how £60 can be won in a short round of only 9 spins. Even though you lose more times than you win, you end up with a great profit.
Spin | Sequence | Bet | Win/Lose | Profit |
---|---|---|---|---|
#1 | 10,20,30 | 40 | Win 40 | +40 |
#2 | 20 | 20 | Lose 20 | +20 |
#3 | 20,20 | 40 | Lose 40 | -20 |
#4 | 20,20,40 | 60 | Win 60 | +40 |
#5 | 20 | 20 | Lose 20 | +20 |
#6 | 20,20 | 40 | Lose 40 | -20 |
#7 | 20,20,40 | 60 | Lose 60 | -80 |
#8 | 20,20,40,60 | 80 | Win 80 | 0 |
#9 | 20,40 | 60 | Win 60 | +60 |
So that’s one of the reasons why this system is so great, but there’s even more to it than that. There is also the fascinating statistic that you only need to win 1/3 of the spins +2 to make your profit. So out of 12 spins, you would only need 4+2=6 to make your profit. The longer this goes on, the better it sounds. For 60 spins, for example, you would only need 20+2=22 to be successful. Now, this isn’t the only system to offer this kind of statistic, but many others just aren’t as safe, or certainly can’t be made to be so safe as this one can. Or perhaps they take a long time to get you to where you want to be.
Advantages and Disadvantages of Using the Labouchere Roulette System
If you want to make money using one of the many betting systems for roulette, you will want a method which is relatively easy to use. And this is one of the very few issues we can find with the Labouchere – it does require you to write down your sequence of numbers. If you play in online casinos, this should not be a huge problem for you. However, if you prefer playing in land-based facilities, you may easily attract unwanted attention, although most casinos should allow you to use any system unless it includes the use of any technical devices.
Still, the calculations that you need to make are really simple and should not be any problem for you. You just need to stay focused and keep track of the numbers on your sheet of paper or in your mind. Another disadvantage of this system is that there is the risk of having a really long losing streak, which means that your bet will increase a lot. This is particularly risky when you are placing higher bets – you can easily waste your entire bankroll without being able to recoup. You can also reach the table limits in a relatively short amount of time.
How To Make Money In Roulette Games
Nevertheless, the advantages of using the Labouchere system seem to outnumber the risks and pitfalls that come with it. One of the most compelling arguments is, of course, the fact that this method can be modified, adjusted and reshaped in multiple ways so that it is suitable and reasonable enough for you to use. You can make it extremely safe by starting the sequence with several zeroes, for instance, as in 0, 0, 0, 0, 1. In this scenario, your first several bets will be £1 even if you are losing. If you are winning and need to remove the number 1 (0, 0, 0), you can simply start over and bet £1 once again.
In fact, you can change the sequence of numbers in any way you wish – a target of £6 can also be expressed as 0, 0, 2, 3, 1 or 3, 3. The simple principle you should follow is to keep the bets smaller and the sequence longer for a lower risk game. If you are willing to play more aggressively, you can start with higher stakes and short sequences of numbers. You will risk more, but the potential wins are also much more attractive and can be reached much faster.
Conclusion
How To Make Money In Roulette Machine
In short then, the Labouchere, in my opinion, is possibly the best roulette strategy out there as it suits almost any player, whatever the goal. It is also a fantastic way to manage your money and reach your target profit. That being said, it is one of the more complicated systems out there and certainly takes some practice. Start off with a pen and paper, go through some scenarios in your head and think about what you want to achieve realistically with your budget. But with a sequence that suits you, I can definitely recommend this system.