Betting Strategies in Roulette

There are many different ways to bet in roulette. Of course, when a person goes to the casino to gamble, the objective -other than enjoyment- is winning money. The problem with that though, is that there is no sure way to win money when playing roulette. This is both the thrill and the curse of gambling. A person's chances for victory in a game of roulette hinge mostly on probabilities, and there are a lot of different types of roulette bets that can raise a person's probability of winning. Unfortunately, the higher a person's chances of winning, the lower the payout is.

If, for example, a person opts to bet on whether or not the ball will land in a red pocket, their odds against winning are 1.11111 to one. Since most casinos round this off, this means that for every dollar that a person wagers on a "red or black" roulette bet, they will only get one dollar back. Conversely, if a person playing American roulette bets straight up, or only on one number, the odds they have to face are 37 to 1. Their chances of winning are considerably smaller, but if and when they do win, they will receive a payout of thirty-five dollars for every dollar they had wagered.

To circumvent the inverse in odds and payout, many people devise roulette betting strategies that are based more on mathematical systems or on the mechanics of how the wheel itself spins. Some people have even tried using computers to accurately predict where a ball might land on the roulette wheel. While occasionally effective, these betting strategies are sometimes considered to be forms of cheating, and many casinos take steps to prevent people from attempting to employ such strategies.

This is why some people turn to other kinds of betting strategies, such as betting on the green pocket or pockets, which many incorrectly believe allow people to get over the house edge. Other strategies that people try are the Martingale sequence, where, after every loss, a player will double the bet that they had made, so that, should they win, they can recover what they had lost, and get back a profit as well.

Of course, a lot of the time, such betting strategies tend to be more superstitious hokum than anything else, and one good way to try and make sure that not that much money is lost when playing an unpredictable game of roulette is to manage your money wisely, rather than wager it all on a single bet, using some convoluted betting strategy.