Ah, the wonderful world of Roulette, an intoxicatingly exciting example of how good gambling in a real-life physical casino can still be, even in the face of the seemingly endless extent to online casino’s expansion. You just cannot beat the game’s dynamic nature, and there is no wonder its popularity increased so quickly after its development in the 19th Century.
One thing that many gambling novices fail to realize is that modern Roulette actually comes in two different, albeit incredibly similar, forms. You have European Roulette, and then you have American Roulette, the only difference being that those yanks have included an extra 0 value on the wheel. This may not seem like much, but it actually has pretty dramatic consequences on the odds of winning, and will accordingly change the way you place your bets. Let’s take a look at some of the most popular European Roulette betting strategies and learn more.
The Martingale Betting Strategy
For one reason or another the Martingale betting strategy has emerged as one of the most famous ones when it comes to European Roulette, probably because of its inherent simplicity and easiness to understand. Fundamentally it works like this – choose a value you wish to bet on using your own intuition and then await the result. If you have lost you will double your bet for the next round, keeping it the same if you win.
Now, the overall aim of the Martingale betting strategy is to make sure you are winning back any losses you make over the course of your gambling session. Whilst this is undeniably true if you have an almost limitless budget, it can seriously go against you if not. Think about it: if you are doubling your bet after every loss you could well end up quite far into the red. It is a good strategy, but it is definitely worth being sensible with.
The Fibonacci Betting Strategy
Most people will be at least a little familiar with the Fibonacci sequence, a mathematical trope that has been used for centuries. It goes like this – 1, 1, 2, 3, 5 etc., essentially working on the principle that the next number in the sequence is always the sum of the two preceding it. Lots of Roulette gamblers like to use this to help them place their bets, and it can often pay dividends.
So, say you start off with a £10 bet, if you lose this place another £10. If you lose this one, however, it is time to use the Fibonacci sequence and place £20 down. This tactic is similar to the Martingale strategy in that you will be raising your bet after each loss, and you should therefore be wary of it.
This one is pretty much the opposite of the Martingale strategy, in that you double your bet after every win, instead of every loss. Obviously this can come with its own complications, but one thing it will do is stop you sliding too far into the red.