The only real drawbacks to live roulette deal with logistics and crowdedness. As it is such a popular game, you can expect most tables to be pretty packed most of the time, and especially on peak nights. This can make it challenging to get a seat and can overwhelm some people, as the tables will typically get quite crowded with people reaching over you to make bets.
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Suppose you start with a $1 wager and lose 4 times in a row. So far, you’ve lost a total of $7 ($1 + $1 + $2 + $3 = $7). You win when you wager $5, so you get the original $5 bet back plus the $5 payout. Then, you'd count back 2 steps in the sequence from 5 and wager $2 in the next round. Lowering your wager every time you win helps protect your profits.
Casinos will normally post a maximum and a minimum stake for a roulette table and this is sometimes done for recreational play, too. Typically, for each spin of the wheel, if a player the total amount of a player's inside bets must exceed the minimum stake. The listed maximum stake usually shows only the maximum allowed for a single number "straight up" bet. The maximum stakes for other types of bet increases proportionately e.g. The maximum bet allowed for a pair of numbers is double the maximum straight-up bet, the maximum allowed for a corner bet is 4 times the straight up maximum and so on. So that really the limitation is on the amount that the casino can lose!

Despite appearances, the rules of Roulette are actually quite simple. Standard Roulette consists of a spinning wheel, a betting table, a ceramic ball spun by a croupier, and a series of wager options available to each player. Before each round, simply place your wager in chips on the Roulette table, and watch the croupier spin the wheel with the Roulette ball in motion in the opposite direction. Eventually, the ball will slow down and land in a numbered pocket. If the wager you made matches the ball’s final destination, congratulations you are a winner! If not, spin again and see what the tides of fortune have in store for you.
Alternatively, you could wait for rare “triggers” that mean you skip many spins before betting. Then you apply an aggressive betting progression and may get lucky with a big win. The result of this is a lot of spins will occur, but you rarely bet. So you can last many thousands of spins without blowing your bankroll. This doesn’t make the system good. It just makes a losing strategy more boring to use. A strategy like this on a bankroll trend chart will show a lot of dramatic up and down bankroll spikes.
For any complete novices out there, a roulette wheel is made up of 37 numbered pockets (or 38 if you are playing American roulette – and as an initial piece of advice you shouldn’t, as it decreases your chances of winning!). Half of these numbers are coloured red and half are black with the ‘0’ pocket green. A small ball is introduced when the wheel is spinning and players must predict where the ball will land. 

This strategy is designed to win you money when things are going well for you. It is one of the most popular methods of betting although we now call it a “parley.” Just about every gambler knows what a parley is – and how it can make a good night a great night and a bad night a terrible night. Mr. Paroli, whoever he was, discovered it and applied it to gambling. It’s geared to gaining big wins compared to the systems mentioned before which are geared to protecting you against losses..
There are countless other losing strategies but you’ll find they are much the same, just repackaged a different way. I don’t mean any disrespect to the creators of these and other losing systems. It’s only my intention to help people understand how to develop a winning strategy. In fact it took me around 10 years of developing roulette systems before I had anything that worked, or even understood the basics of why my systems failed. So I understand the mind of the typical roulette player.
Go with the Fibonacci System for a low-risk, low-reward strategy. In this system, you place wagers only on the roughly 50/50 bets (such as odd/even), and you base your wagers on the Fibonacci numbers. If you lose in the first round, make your next wager the next number in the Fibonacci sequence in the second round. Keep advancing a number in the sequence until you win then, when you do win, go back 2 numbers in the sequence.[13]
Online roulette is great for players who like the convenience and the ability to dictate how their experience goes. With online roulette, you get the ability to play at any time and from anywhere with an internet connection. You never have an issue getting a seat, and you don’t have to worry about reaching the other side of the betting felt, as you place all of your bets with the click of your mouse.
A slightly different type of outside bets are those that pay 2-1 as the odds of winning are just 33%. The most popular version is on the Dozens, where players are supposed to bet on the first 12 numbers, the second or the third. The same goes for the Columns bet, with players being also expected to bet on 12 numbers, with the only difference being the distribution on the betting grid. All outside bet are clearly defined on the roulette table with specific places for each bet.
Before you start casually throwing down chips and haphazardly betting on every spin of the wheel, take a moment to get acquainted with how roulette works. Whether you’re planning to play online or at a land-based casino, the basic rules governing roulette remain unchanged. With real world play however there’s also casino etiquette to consider. If you want to avoid being mistaken for a newb, knowing the informal rules of roulette is just as important as knowing the formal rules. First do your homework. Then play roulette, with the added confidence that comes from having a deep understanding of how it all works. We’ve assembled a detailed guide to playing roulette that covers all bases. It’ll help you take your roulette game to the next level.
You can get your chips in different monetary denominations. When you hand the dealer your chips, he or she will ask what denomination you want to designate your chips. If you're at a $5 minimum table, you could make them $1 or you could make them $100 (or anywhere in between). Once you've chosen, they'll place a chip on top of the rail, with a marker on top of that to indicate your colored chips' value.[5]
Place your bets. The first six bets are placed on the pockets numbered 0 to 36 on the game table. If you want to bet on column, place your bets on the empty pocket under the three columns. For the dozen, choose the pocket P12 for the first 12 numbers, M 12 for the 12 middle numbers and D 12 for the last 12 numbers. Finally, when you want to bet on the outside bets, use the red, black, even, odd, high or low pockets.
You don’t have to be a mathematical genius to excel at roulette but it makes sense to memorise the sort of odds you’ll receive for different bets. Although it’s unlikely that a croupier will make a mistake and underpay you, if you don’t know the odds of the bet you’ve placed, how are you supposed to correct them? Even if you’re only playing online roulette, it still pays to familiarise yourself with the odds you’ll receive for betting on different sections of the table. That way you’ll be able to calculate the possible return and can adjust your strategy accordingly. If you don’t know the difference between zero and double-zero roulette for instance, you don’t know how to calculate your odds and you’re just guessing. Don’t guess – calculate. We’ll show you how.
Make outside bets for better odds of winning. As long as you make the table minimum for each individual bet, you can make multiple outside bets to increase your odds of a payout. For instance, if you wager $1 on even and $1 on black, you’ll win a $2 payout if the ball lands on black 10, and you’ll break even if it lands on red 16. Along with even/odd and red/black, which offer payouts of 1:1, outside bets include:[2]
Roulette gained notoriety amongst the elite gambling circles of Monaco following the lucrative addition, and eventually made its way across the ocean to U.S., where it would undergo yet another transformation. This came in the form of a double zero space added to the Roulette wheel, again creating a higher house edge. Today, Roulette has remained on of the most popular games at casinos, whether online or at brick and mortars throughout Europe and the United States. The hugely simple, yet entertaining format of Roulette as well as promises of massive payouts have continued the game’s longevity. You can discover for yourself by playing European Roulette or American Roulette at Planet 7 Online Casino today!
Despite appearances, the rules of Roulette are actually quite simple. Standard Roulette consists of a spinning wheel, a betting table, a ceramic ball spun by a croupier, and a series of wager options available to each player. Before each round, simply place your wager in chips on the Roulette table, and watch the croupier spin the wheel with the Roulette ball in motion in the opposite direction. Eventually, the ball will slow down and land in a numbered pocket. If the wager you made matches the ball’s final destination, congratulations you are a winner! If not, spin again and see what the tides of fortune have in store for you.
Roulette Computers – These are cheating devices that, realistically, can only be used in real casinos. Without doubt, the use of an effective computer is the best and easiest way to win at roulette, but finding such a device is difficult. Then there’s the fact that in many countries and jurisdictions, they’re illegal and you will end up in jail for using one, so for this reason, we can’t recommend them.
Here's another way to look at it:  Let's say you bet $10 on every number, one bet on each of the 38 spots.  So you've just thrown down $380 in bets.  Only one of those numbers will win, and will pay 35 to 1, so you'll get back $360 (the $350 you won plus your original $10 bet on that number).  You bet a total of $380 but you walked away with only $360, so you lost $20.  That $20 you lost represents the house edge of 5.26% ($20 lost divided by the $380 that you bet; $20 ÷ $380 = 5.26%).
Very quickly the bet size increases. Is there any scientific and viable reason why red would spin next? No. And even if there was, this strategy certainly doesn’t consider it. Simply the odds of red and black spinning are always the same. It doesn’t matter even if you had 100 blacks in a row. The odds of red or black spinning next don’t change. Intermediate players may understand this, but they are stuck thinking that eventually they are due to win. The fact is eventually you will win, but this doesn’t mean you will profit. Why is explained below.
Like any gambling strategy, there are some disadvantages to the Martingale. Watch out for that gambler’s fallacy – just because one color has won 100 times in a row doesn’t mean that the other color is more likely to appear on the next spin. Roulette spins have a chance of a little less than 50/50 because of the 0 and 00. In addition, after several consecutive losses you may reach the max bet or run out of money – at this point, you’re in the red whether you win or not. For this roulette winning strategy to work, you need to make larger bets or win in order to recoup losses, and if you can’t do either then you want to walk away.
This is the most famous gambling system in the world - for roulette and for just about any type of game. Many people play a Martingale, often thinking they created it, but in reality this method of play has severely hurt those who have played it for any length of time. This section will explain all the details about the traditional Martingale systems, the Straight-Up Martingale and the Grand Martingale. You’ll also learn what we know about the Martingale’s strategy origin.
The most frequently sold roulette system by scammers who claim you can’t lose with it. Henry Labouchere discovered the system and named it after himself. Actually it was created by someone else but Henry didn’t care about that. This is the most famous cancellation betting system strategy and is fun to play. This section will explain how to play it and how not to get (too) hurt by playing it.
Even with numbers from a random number generator, there will inevitably be times where the same number spins several times in a row. This is simple statistics, and such “freaky streaks” are bound to happen eventually. The odds of 0 spinning three times in a row are 1 in 50653. But what are the odds of 0,0 then 2 spinning? . . . Also 1 in 50653. So ask yourself, why would you bet 0 after it had spun twice consecutively?
I would use a Martingale only on the even-money outside bets at roulette, the odd or even, high or low, red or black. These bets give the player 18 chances to win with 20 chances to lose on the American double-zero wheels and 18 chances to win with 19 chances to lose on the European Roulette (single-zero wheels). Obviously, if you can play the European wheel that is the preferred one as long as the betting ranges fit your bankroll.
Try your hand at guessing the ball’s bounce. As the ball spins in the rim around the wheel, notice when it moves past a fixed point, such as the wheel's 0 pocket. Try to guess when the ball will slow down, fall from the rim, and start bouncing off of the deflectors that divide the wheel’s pockets. It’s difficult but, with practice, you may be able to guess which section of the wheel the ball will land after it stops bouncing.[10]
Roulette games have minimum bets, which will be posted on a placard at the table.  Minimum bets work differently for inside bets (specific numbers) and outside bets (everything else).  For outside bets, any bet you make has to be at least the table minimum.  Inside bets can usually be as small as you like, as long as the total of all your inside bets is the table minimum.  For example, with a table minimum of $5, you could put $5 on #14, or $1 each on #14, #27, #8/9, #28/29/30, and #19/20/22/23.  Remember that you can bet inside or outside if you like; there's no requirement to bet both on a given spin.
The divisions around the wheel are numbered from 1 to 36 in a seemingly random pattern and alternate red and black. Additionally, there is a green division numbered 0. On American tables only there is a second extra green division marked 00 and it is largely this that makes the American version of Roulette a worse proposition financially than the European game. 
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