Please Note: The Martingale is much like the iceberg that sunk the Titanic. The loss of six to eight hands in a row seems like a real longshot; but the fact is that anyone who has played roulette has seen streaks of red or black, odd or even, or high or low coming up with such frequency many times. Casinos put a cap on how much a person can bet so that such relatively short streaks can sink the Martingale player.
Few games in a casino are as intimidating to a beginner as the Roulette table – a sea of numbers, colors, and apparent impossibilities. Isn’t it easier to just go press buttons and watch reels spin on a slots machine instead? Surprisingly, no. While the Roulette table may seem confusing at first glance, in fact it’s a wonderfully simple casino game to understand… once you get the hang of it, of course. The key is to learn how to bet properly.
Payouts for this can be surprisingly rewarding if you’re willing to risk more money on each bet. Take Ashley Revell – he once bet $136,000 on a single spin of the Roulette wheel. If throwing down that sum of money on a single bet doesn’t sound impressive or at least make you sweat a little, know that the sum was the entirety of Revell’s life savings and the entire event was televised. So if Revell won, he’d double his money and evoke envy and admiration from his spectators; if he lost, he’d lose everything and earn deserved pity.
In most casinos players can continue making bets even while the ball is still spinning. When the ball is close to dropping, the dealer will wave her hand over the table, which means "No more bets." When the ball falls into a slot, the dealer will announce the number and the color, and place a marker on the winning number on the layout. Then she'll scoop up all the losing bets towards the dealer area. Next, she'll make the payouts by putting the winning chips next to the original bets. After she's stacked up all the winning chips, she'll remove the marker, and then you can grab any chips you won. Don't reach for your winnings until the dealer removes the marker, or the dealer will scold you! New players often have to be told this repeatedly the first time they play because they kept forgetting and because they're excited about collecting their winnings.
Know a bit about the D'Alembert strategy. A bit safer than the martingale and reverse martingale strategies, the D'Alembert strategy involves ramping up and down by arithmetic factors instead of geometric factors. That means, instead of doubling your bet when you lose (i.e. martingale), you increase your bet by 1 when you lose using the D'Alembert strategy.
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!
Due to the addition of an extra zero in American Roulette, the house edge is increased to an unfavorable 5.26% compared to its European counterpart. European Roulette has halved house edge due to its use of a single zero, making it 2.7%. If you’re a fan of American Roulette, by all means take a spin; but it’s good especially as a beginner to keep in mind that the house has a greater advantage of taking your money.