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Roulette Strategy – How To Play Roulette And Win

Roulette strategy can be helpful for enjoying this highly social game that encourages camaraderie and packs a healthy dose of suspense. As the wheel spins and you watch that little ball bounce around in hopes that you'll get the coveted 35:1 payout, you can't help but picture how you're going to spend your winnings.

Though Roulette might seem like a simple game on the surface, there are dozens of betting combinations that allow you to place a colorful rainbow of chips across the board. And when you win, you can win big. If you want to learn how to beat the wheel, keep reading for insights on the most popular Roulette betting strategies.

Roulette Strategies

Roulette Strategies

Roulette Strategy Number One – Get to Grips With the Game

The objective of Roulette is quite simple: predict where a tiny little ball will land on a spinning wheel. The wheel is divided into numbered compartments, referred to as pockets, ranging from 0 to 36. Each of the Roulette numbers is assigned a color, either red or black, with the exception of 0 (and 00 for American Roulette), which are green.

You can "win" at Roulette by guessing the outcome of the spin correctly. You can do this by placing a variety of different bets, and tailing your Roulette strategy by betting strategy to increase (or decrease) your odds of winning. Like any luck-based casino game, the lower the odds of winning, the higher the payout.

No matter if you're playing online roulette or test your luck at land-based casinos, you're bound to come across different types of Roulette wheels and tables. There are essentially three types of Roulette: American, European, and French.

While the wheels and tables are mostly the same, the three variations will have different representations and rules regarding the number zero.

Learn the Rules

Before you can figure out how to beat Roulette, you have to understand the rules. Fortunately, the rules are relatively simple, and you can easily familiarize yourself with them by playing roulette online. Once you identify how you want to bet, place your chips on the Roulette table. Many casinos allow you to continue placing bets after the wheel has begun to spin, while other casinos may limit betting action to the timeframe before the wheel is spun.

The ball will bounce around the wheel and eventually land in a single pocket. Wherever the ball settles ultimately determines the outcome of the round. The dealer will then distribute payouts based on where everyone's chips were placed.

Visit our page on how to gamble online for more information.

Get Acquainted With Different Roulette Variations

Depending on where you play, you may see different Roulette variations, including American and European Roulette.

American Roulette has the highest house edge, thanks to having not just one green zero pocket, but two. European Roulette and French Roulette are similar, each having only one zero. French Roulette has additional rules in place for when the ball lands in the zero pocket. One variation is referred to as "en prison," where instead of losing your bet if the ball lands on zero, your chips stay put (in prison, so to speak), and they get to survive another round on the board.

Another rule variation in French Roulette is "la partage." Here if you place an even money bet and the ball lands on zero, you lose half your bet only, instead of the entire bet. Both of these variations help even the playing field between gamblers and the house.

Understand the Roulette Wheel

The Roulette wheel features numbered compartments called pockets that range from 0 to 36. As mentioned, American Roulette has a second zero, and the numbers have background colors that alternate between red and black.

The numbers are in a particular order, which looks random, and they are not numerically sequenced. The type of distribution helps ensure that each spin is independent and unbiased, ensuring there is no predictable outcome based on previous spins.

Understand the Roulette Table Layout

Knowing how the Roulette table is laid out is essential for making informed betting decisions and developing the most successful Roulette strategy. When you see the table, you'll notice that there are several rectangular boxes outside of the colored numbered boxes. This area is referred to as the outside. The numbered boxes are considered the inside.

Another area of the table is the green zero section. If the ball lands here, the house wins, and everyone loses.

There are several different betting options on a Roulette table, allowing you to place bets inside boxes or on lines and corners. These special bets allow you to wager on specific number combinations that can diversify your betting strategy and give you more options to win.

The Most Popular Roulette Strategies

Despite there being numerous strategies that players who want to know how to win at Roulette can employ, they tend to be broken down into two categories: progressive and non-progressive.

Progressive bets involve increasing the size of your bet for each subsequent round. Depending on the exact strategy you use, this might mean increasing or decreasing your bet according to the outcome of your previous wager. The most popular strategies include:

  • Martingale
  • Paroli
  • D'Alembert
  • Parlay
  • Fibonacci
  • Labouchere
  • As you choose your strategy and plan your bets, be aware that the progressive betting increments do not necessarily have to be equal.

    Non-progressive betting, on the other hand, requires that the player place the same wager for each round, regardless of whether the previous spin of the Roulette wheel resulted in a win or loss. The most famous non-progressive strategy is called the "all-in" system, in which you put your entire bankroll on the table each time you bet. If you don't plan on spending all night at the Roulette table, this strategy can get you in and out quickly.

    Regardless of your strategy, keep in mind that the house always has an edge, and no strategy or system can beat it in the long term. This is because an even money bet that allows you to double your money will never have even money odds. For example, betting on black does not mean you have a 50% chance of winning because of the 37 (or 38) numbers on the Roulette wheel; only 18 of them are black.

    The slight difference between an even money bet and the house odds gives the house a small margin that allows them to predictably win over time.

    The Martingale Betting Strategy

    The Martingale roulette strategy is simple and easy to follow, so it's ideal for beginning gamblers and those who are new to Roulette. It also happens to be a more well-known Roulette strategy, so if you want support from fellow friends at the table, they'll be able to help you.

    The way it works is that you double your bet after each loss. Once you win, you return to your initial bet.

    For example, if you start by betting a $10 bet and you lose, your next bet is $20. Another consecutive loss means you bet $40 next. If you win with the $40 bet, you win $80 (which covers your previous losses and yields a small profit), and then you go back to your initial $10 bet and repeat.

    If you want to use this strategy, be sure to use it on even money bets: red/black, odd/even, or high/low. Also, to ensure you get the most gameplay from your bankroll, your initial bet should be only about 2% to 3% of what you've got at the table. So, if you're playing with $500, your threshold bet should be between $10 and $15.

    Pros:

  • Easy to understand
  • Simple to apply
  • High chance of recovering any losses
  • Winning bets guarantee at least a small profit
  • Cons:

  • A long losing streak can wipe out your entire bankroll
  • The Reverse Martingale System (Paroli)

    Also referred to as "Paroli" and "positive progression staking," the Reverse Martingale is a Roulette betting strategy that involves changing the quantity of your wager based on the outcome of the previous round. Specifically, when you lose a bet, you keep the quantity of your next round of betting the same. However, when you win a bet, you double your stake for the next spin of the wheel.

    Like the Martingale strategy, you will only use this strategy on even money bets. The overall goal is to be able to win and double your bet for three consecutive spins. If you win three bets in a row, go back to your original bet.

    For example, if your initial stake was $5 and you won, your second bet would be $10. A win here would cause you to next wager $20. If you win that bet, return to your original $5 bet on the next spin. This strategy is considered lower risk because you only increase your wager after winning, instead of progressively increasing your bet on a losing streak.

    Pros:

  • Lower risk strategy than Martingale
  • Increasing bets are based on wins, not losses
  • Easy to understand
  • Flexible betting structure
  • Cons:

  • Success depends on winning streaks
  • May encourage reckless betting among undisciplined players
  • The D'Alembert Roulette Strategy

    Designed for players with bigger bankrolls, the D'Alembert System is named at a 19th-century French mathematician. Therefore, it's stood the test of time and is considered a solid betting formula.

    This system is like Martingale, where you bet for even money, but it's less aggressive. The key difference is in how betting increments are structured.

    Under this system, you would determine initial bet based on a system of betting units. For example, 1% of your bankroll would be 1 unit. The initial bet should be 5 units, or 5% of your bankroll. From there, subtract one unit for each win, and add one unit for each loss.

    So, if you're betting $5 and win, your next bet would be $4. If your $5 bet resulted in a loss, your next bet should be $6.

    This strategy can extend your gameplay because, unlike Martingale, you are not doubling your bet each time you lose. Because the betting increments are more gradual, you can stay at the table longer, even if you're in the midst of a losing streak.

    Pros:

  • More predictably control wins and losses
  • Easy to understand
  • Flexible bet sizes
  • Can gradually adjust bets
  • Cons:

  • Limited recovery potential
  • Vulnerability to table limits
  • The Fibonacci Sequence

    Another even money betting system, the Fibonacci roulette strategy is designed for more experienced players who can keep track of bets in different increments. I

    This game strategy based on the 13th-century Fibonacci mathematical number sequence where the previous two numbers in a series are continually added together to get to the next number. In other words, each new number in the sequence is the sum of the previous two.

    The sequence looks like this:

    1, 1, 2, 3, 5, 8, 13, 21, 34, 55…

    The Fibonacci sequence can go on to infinity, but for the purpose of having a Roulette system, the sequence stops at the tenth number, which is 55.

    Again, for each loss, you will increase your betting increment to the next number in the sequence. For a win, you go back two numbers in the sequence. For example, if you bet $5 and lose, your next bet would be $8. If you win when you bet $8, you collect $16, and then your next bet would be $3.

    The advantage of this system is that since a win doesn't put you back to your initial bet, you can build your bankroll faster if you're on a winning streak.

    Pros:

  • Straightforward and easy to execute
  • Allows for small, incremental bets
  • Can help recoup lost bets with a single win
  • Cons:

  • Possibility of repeated losses that wipe out your bankroll
  • The James Bond Roulette Strategy

    Is it any surprise that our favorite British secret agent also has a Roulette strategy named after him?

    This strategy allows you to spread out your risk and potentially increase your chances of winning by placing bets on multiple parts of the table. Specifically, the James Bond strategy requires a minimum bet of $20, distributed as follows: $14 on an even money bet, like red or black. Then add $5 on a double street to cover six numbers, and round out the $20 with a straight-up $1 bet on zero.

    It's not recommended to use this strategy when playing American Roulette because of the 00 on that particular wheel.

    Pros:

  • Allows for diversified bets
  • Potential for high payouts
  • Clear betting structure
  • Can be adapted to European and French Roulette
  • Cons:

  • Not recommended for American roulette
  • Limited profit potential
  • The Parlay Roulette Strategy

    Known as a lower risk strategy, the Parlay strategy is the opposite of the Martingale strategy. Instead of increasing your bet when you lose and resetting bets to the original amount when you win, you do the reverse. Now, when you lose, you will decrease the size of your bet down to your initial bet. When you win, you will double your bet. Basically, you are "parlaying" those winnings into your next bet.

    To prevent this strategy from getting out of control and wiping out your bankroll with a single bet, you might want to set a "profit limit" or max betting increment. For many players, this looks like stopping the double-betting strategy after four wins and then keeping the bet size steady until you lose.

    Pros:

  • Simple, easy to execute strategy
  • Potential for high returns
  • Lower risk than other strategies
  • Cons:

  • An entire sequence failing can lead to a big loss
  • Limited bet control
  • The Andrucci Strategy

    Inspired by chaos theory, the Andrucci strategy relies on the adage of "expect the unexpected."

    The strategy involves keeping track of the results and identifying patterns to (theoretically) increase your odds of winning. The idea is that if a number is popular and comes up frequently, it's "hot" and has a decent chance of continuing to appear. Keeping track of results is key to developing the best Roulette strategy using this system.

    To execute this strategy, start by placing an even money bet 30 times (or just observe and note the results). You can do this based on red/black or odd/even.

    Next, note which numbers came up the most during this 30-roll sequence and put a larger straight up bet on the top number. Stick with this same number for the next 15 to 25 or so spins. To diversify your betting strategy, it's also a good idea to place split bets on any other numbers that came up more than once.

    Pros:

  • An exciting system to play
  • Potential for high payouts
  • Psychological satisfaction
  • Allows for some strategy
  • Cons:

  • Very high risk
  • The bets have little table coverage
  • Roulette Strategies for Advanced Players

    For advanced players who can think on their feet and have a high degree of comfort and familiarity with the layout of the Roulette table, there are additional strategies to try. If you're looking for another Roulette strategy to win a fat stack of chips, you can try the Labouchere or Oscar's Grind strategies.

    The Labouchere System

    This strategy can be more complicated than the previous systems discussed, but it can be easily tailored to fit different gamblers' playing styles. It is sometimes referred to as the "cancellation system" because it involves canceling numbers in your betting sequence based on wins and losses.

    Here's how it works: Start by "reverse engineering" how much you want to win. For example, if you want to win $100, you'll have to calculate how many bets it will take to win that amount. If you say 10, the next step is to break that $100 stake into 10 different bets with different increments.

    Start by taking the two bets at the end of your sequence and add them together. If you win, you'll remove those numbers from the sequence. Then keep going until you win the desired amount. If you lose, however, you will add the losing wager to the end of your sequence, and start the process over again.

    In theory, you'll win your target amount by completing the sequence, but there's always a possibility you'll lose your entire bankroll before you can reach the finish line.

    Pros:

  • Can be a fun strategy to manage
  • Involves a structured betting sequence
  • Can be more flexible than other systems
  • Often allows for short-term profits
  • Cons:

  • More complicated than other systems
  • Requires being organized to follow correctly
  • Losing streaks can be prohibitively expensive
  • The Oscar's Grind Strategy

    "Discovered" in 1965 by author Allan Wilson, the Oscar's Grind strategy is similar to the famous Martingale system but with substantially lower risk. It is designed to capitalize on winning streaks while simultaneously minimizing the losses associated with a string of bad luck at the Roulette table.

    Like other systems, you start with a base betting unit, which should be a small percentage of your total bankroll. Set a target win amount you'd like to achieve after a set number of bets, and then increase your bet by one unit after each win. In the event of a loss, maintain your bet size – do not increase or decrease it.

    Once you reach your target profit, start a new cycle with your base betting unit.

    Pros:

  • Provides a predictable betting structure
  • Capitalizes on winning streaks
  • Minimizes losses
  • Cons:

  • Not effective without a winning streak
  • Profits can be slow to accumulate
  • Roulette Betting Options, Payouts & Odds

    Rolette Strategies

    Rolette Strategies

    At first glance, the Roulette table can be incredibly intimidating. The good news is that once you understand the basics of the table layout, you'll be well on your way to exploring all the available betting options, while clearly understanding the various payouts and odds.

    If you want to do a deep dive into Roulette rules and gameplay, check out these helpful articles: How To Play Roulette and Roulette Odds.

    We also provide you with the best options for where to play online roulette based on different criteria:

    Inside & Outside Bets in Roulette

    Inside and outside bets refer to where you place your chips on the Roulette table. Again, while it can seem like there are endless variations, they all fall within a select few types of bets:

    Inside bets include:

  • Straight: Placing a bet on a single number by putting your chip(s) in the center of the square.
  • Split: The option to bet on two numbers simultaneously by putting the chip(s) on the line that straddles their common edge.
  • Street: The ability to bet on three numbers with a single bet as long as those three numbers are on the same horizontal line. Put your chip(s) at either end of the line.
  • Corner: As the name suggests, this allows your bet to cover 4 numbers that meet in a corner by placing your bet in the corner that each of the numbers shares.
  • Line: This wager is placed on a group of six numbers arranged in two adjacent rows. In other words, it's betting on two street bets that each cover three consecutive numbers.
  • Outside bets consist of placing wagers on the lines outside of the numbered boxes and include:

  • Column: On the Roulette table, you'll see the numbers laid out in three columns with non-consecutive numbers. A column bet is a wager that guesses the ball will land in one of those three columns.
  • Dozen: Of the 36 numbers on the Roulette table, you can win by predicting whether the ball lands on 1-12, 13-24, or 25-36, typically labeled as "1st 12," "2nd 12," and "3rd 12."
  • Red/black: This bet is based on correctly predicting whether the ball will land on a red or black number.
  • Even/odd: This bet is based on correctly predicting whether the ball will land on an even or odd number.
  • Low/high: This wager allows you to cover a broad range of numbers with a single bet. Low is for numbers 1-18, and high is for 19-36. Typically, you'll see designated rectangles with these ranges at the corner of the table.
  • Roulette Payouts

    Payouts are based on the amount you'll win if you accurately predict where the Roulette ball will land on the wheel. The lower the odds, the higher the payout, and vice versa. Payouts can be expressed as either a ratio or a multiple of your original bet.

    A breakdown of Roulette payouts is as follows:

    Bet Payout Straight Bet 35:1 Split Bet 17:1 Street Bet 11:1 Corner Bet 8:1 Line Bet 5:1 Column Bet 2:1 Dozen Bet 2:1 Red/Black Bet 1:1 Even/Odd Bet 1:1 Low/High Bet 1:1 Roulette Odds

    Related to the payouts is the concept of Roulette odds, which refers to the probability of a particular outcome occurring. While odds may vary based on the type of Roulette you play, European Roulette odds are as follows:

    Bet Odds (approximately) Straight Bet 2.70% Split Bet 5.41% Street Bet 8.11% Corner Bet 10.81% Line Bet 16.22% Column Bet 32.43% Dozen Bet 32.43% Red/Black Bet 48.65% Even/Odd Bet 48.65% Low/High Bet 48.65% Start With Basic Roulette Strategy Principles

    Of all the games casino visitors flock to, Roulette is one of the most popular, and having a Roulette strategy is key. Before venturing out to test these systems and strategies in the wild, there are a few basics to understand about Roulette. Keep reading for the best Roulette strategy.

    Keep Your Bankroll Limits in Check

    Gambling is all fun and games until the losses start to accumulate. Before you sit down at the table, setting a few ground rules for yourself is a good idea.

    First, be sure to set a budget, which should reflect the amount of money you can afford to spend on gambling without affecting your ability to pay your bills. Remember, the money you spend on gambling is discretionary income and should only be used for entertainment purposes.

    Once you've determined a budget, be sure to stick to it. Decide how much you can afford to wager on a single bet, adhere to those limits, and take a break when necessary. It can be tempting to go on tilt when you're losing and try to win it all back, but this is probably when it's best to cut your losses and step away.

    By adopting responsible gambling practices, you can help prevent excessive losses, financial strain that affects your family, and potential gambling-related problems.

    Understand RTP & House Edge in Different Types of Roulette Casino Games

    All casinos maintain a house edge by adjusting the payouts offered for a wager based on the probability of the player winning. For example, an even money bet will pay you on a 1:1 ratio, meaning a winning $5 bet doubles your money to $10.

    However, it's important to note that an even money bet gives you just under a 50% chance of winning. This slightly uneven strategy guarantees that the casino makes money in the long run, no matter how good or long someone's winning streak happens to be. Unfortunately, there is no foolproof winning roulette strategy.

    For example, with Roulette, an even money bet would be based on the color of the number – either red or black. However, depending on the type of roulette you're playing, there will be either one or two additional colored numbers representing zero or double zero. The addition of these colored numbers decreases your chances of winning from 50% to either 48.6% or 47.3%, respectively.

    This is why it's important to stay away from American Roulette and stick with European Roulette and French Roulette – the addition of the double zero decreases your odds of winning even more by giving the house an additional edge.

    Practice Betting Strategies by Playing Roulette Games for Free

    Before betting real money at the Roulette table, practicing several rounds for free is highly recommended. This allows you to test out any (or all) of the strategies above without risking a dime of your own money. You might find that you prefer one strategy over another and seem to have better luck with it.

    As you improve your skills, become more familiar with the table layout, and feel more comfortable structuring and placing your bets, you can graduate to playing Roulette for real cash.

    FAQs

    Is It Easier To Win a Roulette Game by Following a Strategy?

    While there's never a guarantee that you'll win at the Roulette table, having a structured betting strategy can give you an edge. There's even the infamous story of the gambler who beat Roulette, who gained an advantage by identifying a table's drop zone. This allowed him to predictably eliminate a few numbers from the potential spin outcomes, giving him the edge over the house. Without this ability, you can still balance your risk and reward by understanding which bets yield the highest odds while being disciplined about managing your bankroll.

    What Is the Best Roulette Strategy?

    There's no one-size-fits-all "best roulette strategy" you should follow religiously when looking for how to win at Roulette. That being said, some (potential) winning strategies can give you an edge. You may want to begin your betting journey by focusing on safer, even money bets like red and black or even and odd. These bets give you nearly 50/50 odds, so you can maximize your chances of winning and reduce your chances of losing it all. Though there's no surefire way to win at Roulette, especially consistently, our best advice is to concentrate on the odds. Sure, you can win big by placing a straight bet on a single number, but that's also a recipe for losing your entire bankroll fast – unless you happen to get lucky.

    What Is the Best Advice for How To Win at Roulette?

    The best advice to increase your odds of winning is to avoid American Roulette and opt instead for the European roulette table (or French). The reason is that American Roulette has a double zero, which increases the gap between your odds of winning and the house edge. When gambling online, practice different strategies like Martingale, Parlay, Andrucci, and others in demo mode. This allows you to get used to adjusting your bets according to these established Roulette strategies.

    What Are the Best Roulette Bets?

    While placing a straight bet on a random number on the Roulette wheel can lead to a massive payout and an even bigger thrill, this is not considered the best way to play Roulette, nor is it the best Roulette strategy. Instead, even money bets tend to lead to the most predictable steady wins. As a reminder, even money bets have close to 50/50 odds, and they include: Black/Red Odd/Even High/Low

    What Is the Best Roulette Betting Strategy for Beginners?

    As a beginner, you should be focusing on familiarizing yourself with the Roulette table and getting a grasp on how different bets can pay off. Our top Roulette tips for beginners include the following: Keep bet increments low Follow a strategy (like the ones listed above) Experiment with different strategies until you find one you like Use any online casino bonuses right away As you explore roulette betting systems, we highly recommend you to first play roulette games online for free. This allows you to get a feel for how to win Roulette and identify the best Roulette bets for you without risking any of your own money.


    Forex Trading The Martingale Way

    Would you be interested in a trading strategy that is virtually 100% profitable? Amazingly, such an approach exists and dates back to the 18th century. The martingale strategy is based on probability theory. If your pockets are deep enough, it has a near 100% success rate.

    The martingale strategy was most commonly practiced in the Las Vegas casinos. It is the main reason why casinos now have betting minimums and maximums. The problem with this strategy is that you need a significant supply of money to achieve 100% profitability. In some cases, your pockets must be infinitely deep.

    A martingale strategy relies on the theory of mean reversion. Without a plentiful supply of money to obtain positive results, some trades will be missed, and that can bankrupt the entire account.

    In fact, the risk is far higher than the potential gain. Still, there are ways to improve the martingale strategy that can boost your chances of succeeding.

    Key Takeaways
  • The martingale strategy requires doubling down on every losing bet.
  • Only one win is needed to recoup all of the previous losses.
  • Guaranteeing a win requires virtually infinite resources.
  • Some forex traders use the martingale because it lowers the average entry price.
  • What Is the Martingale Strategy? The martingale was introduced by French mathematician Paul Pierre Levy and became popular in the 18th century. The martingale was originally a betting strategy based on the premise of "doubling down." The 20th-century American mathematician Joseph Leo Doob continued work on the martingale strategy. However, he sought to disprove the possibility of a 100% profitable betting strategy. How It Works The system's mechanics involve an initial bet that is doubled each time the bet becomes a loser. Given enough time, one winning trade will make up all of the previous losses. The 0 and 00 on the roulette wheel were introduced to break the martingale's mechanics by giving the game more possible outcomes. The long-run expected profit from using the martingale strategy in roulette turned negative, discouraging players from using it. To illustrate the mechanics, suppose we had a coin and engaged in a game of heads or tails with a starting wager of $1. There is an equal probability that the coin will land on heads or tails. Each flip is an independent random variable, which means that the previous flip does not impact the next flip. If you doubled your bet every time you lost, you would eventually win and regain all of your losses, plus $1. The strategy is based on the premise that only one trade is needed to turn your account around. Examples of the Martingale Strategy in Action Your Bet Wager Flip Results Profit/Loss Account Equity Heads $ 1 Heads $ 1 $11 Heads $ 1 Tails $ (1) $10 Heads $ 2 Tails $ (2) $8 Heads $ 4 Heads $ 4 $12 Assume that you have $10 to wager, starting with the first wager of $1. You bet on heads, the coin flips that way, and you win $1, bringing your equity up to $11. Each time you are successful, you continue to bet the same $1 until you lose. The next flip is a loser, and you bring your account equity back to $10. On the following bet, you wager $2 to recoup your previous loss and bring your net profit from $0 to $2. Unfortunately, it lands on tails again. You lose another $2, bringing your total equity down to $8. Pursuing the martingale strategy, you double your wager to $4 on the next bet. Thankfully, you hit a winner and gain $4. That brings your total equity up to $12. All you needed was one winner to get back all of your previous losses. However, let's consider what happens when you hit a losing streak: Your Bet Wager Flip Results Profit/Loss Account Equity Heads $1 Tails $ (1) $9 Heads $2 Tails $ (2) $7 Heads $4 Tails $ (4) $3 Heads $3 Tails $ (3) ZERO You once again have $10 to wager, with a starting bet of $1. In this case, you immediately lose on the first bet and bring your balance down to $9. You double your bet on the next wager, fail again and end up with $7. On the third bet, your wager goes up to $4. Your losing streak continues, bringing you down to $3. You do not have enough money to double down, and the best you can do is bet it all. You then go down to zero when you lose, so no combination of strategy and good luck can save you. Strict application of the martingale strategy produces a 100% success rate until it ends with the complete loss of all capital. Application to Trading You may think that a long string of losses, such as in the above example, would represent unusually bad luck. But when you trade currencies, they tend to trend, and trends can last a long time. The trend is your friend until it ends. The key with a martingale strategy, when applied to the trade, is that by "doubling down" you lower your average entry price. In the example below, at two lots, you need the EUR/USD to rally from 1.263 to 1.264 to break even. As the price moves lower and you add four lots, you only need it to rally to 1.2625 instead of 1.264 to break even. The more lots you add, the lower your average entry price. You may lose 100 pips on the first lot of the EUR/USD if the price hits 1.255. On the other hand, you only need the currency pair to rally to 1.2569 to break even. This example also provides a clear example of why significant amounts of capital are needed. If you only have $5,000 to trade, you would be bankrupt before you could see the EUR/USD reach 1.255. The currency should eventually turn, but you may not have enough money to stay in the market long enough to achieve a successful end. That is the downside to the martingale strategy. EUR/USD Lots Average or Break-Even Price Accumulated Loss Break-Even Move 1.2650 1 1.265 $0 0 pips 1.2630 2 1.264 -$200 +10 pips 1.2610 4 1.2625 -$600 +15 pips 1.2590 8 1.2605 -$1,400 +17 pips 1.2570 16 1.2588 -$3,000 +18 pips 1.2550 32 1.2569 -$6,200 +19 pips Why Martingale Works Better With Forex One of the reasons the martingale strategy is so popular in the currency market is that currencies, unlike stocks, rarely drop to zero. Although companies frequently go bankrupt, countries rarely do. There will be times when a currency falls in value. However, even in cases of a sharp decline, the currency's value rarely reaches zero. The FX market offers another advantage that makes it more attractive for traders who have the capital to follow the martingale strategy. The ability to earn interest allows traders to offset a portion of their losses with interest income. That means an astute martingale trader may want to use the strategy on currency pairs in the direction of positive carry. In other words, they would borrow using a low-interest-rate currency and buy a currency with a higher interest rate. What Is the 100% Profitable Martingale Strategy? The martingale strategy requires doubling down on a losing bet and continuing to double the bet every time it loses. At some point, the gambler will win, and will recoup the entire loss plus a profit. This is a statistical fact. The problem is, guaranteeing that 100% chance of winning requires deep pockets. Any gambler with less than infinite resources risks losing everything before the winner turns up. Is the Martingale Method Banned? The martingale strategy is not banned outright in casinos, but they long ago found a way to put a stop to its use. Table limits on some games discourage bettors from trying it, as they risk hitting the limit before recouping their losses. No one discourages bettors from losing their shirts in the financial markets, by using the martingale strategy or any other method. Is There a Better Strategy than the Martingale Method? Some say the anti-martingale strategy is better. Adopted by some traders, this is a fancy name for doubling down on winning bets during a period of expansive growth in the markets. At best, trading profits soar as long as the boom lasts. At worst, losses are greatly reduced when the boom ends. The Bottom Line As attractive as it may sound to some traders, using the martingale method can be disastrous. Seemingly surefire trades can blow up your account before you can profit or even recoup your losses. In the end, traders must question whether they are willing to lose most of their account equity on a single trade. Given that they must do this to average much smaller profits, it's wise to conclude that the martingale trading strategy offers more risk than reward. Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy. Electronic Journal for History of Probability and Statistics. "How Paul Levy Saw Jean Ville and Martingales," Page 2. University of Illinois. "Joseph L. Doob Volume." Massachusetts Institute of Technology. "Martingales, Risk Neutral Probability, and Black-Scholes Option Pricing," Page 5. Take the Next Step to Invest Advertiser Disclosure × The offers that appear in this table are from partnerships from which Investopedia receives compensation. This compensation may impact how and where listings appear. Investopedia does not include all offers available in the marketplace.

    Best Roulette Sites: Play Online Roulette For Real Money In 2024

    This guide will help you find the best roulette betting site or mobile app for your needs. We have provided reviews of the top online roulette gambling sites, allowing you to make an informed decision. Our guide also breaks down the different roulette variants, highlights great bonuses and explains how to create an account with real money online casinos that offer online roulette. Keep reading to learn more about your options at the top roulette betting sites.

    Best Real Money Roulette Apps Casino Roulette App Pros 📱BetMGM 🌟 Best Roulette Site Overall 📱Caesars 🌟 Great Roulette Site for High Rollers 📱FanDuel 🌟 Best Mobile App for Roulette Players 📱BetRivers 🌟 Regular Promos for Online Roulette Players

    Visit BetMGM.Com for Terms. Must be 21+. MI, NJ, PA or WV only. Excludes Michigan Disassociated Persons. All promotions are subject to qualification and eligibility requirements. Rewards issued as non-withdrawable site credit, unless otherwise provided in the applicable Terms. Please Gamble Responsibly. Gambling Problem? 1-800-270-7117 for confidential help (MI), 1-800-GAMBLER (NJ, PA & WV).

    Best Online Roulette Sites
  • 🖥️ BetMGM – Best Roulette Site Overall
  • 🖥️ Caesars – Great Roulette Site for High Rollers
  • 🖥️ FanDuel – Best Mobile App for Roulette Players
  • 🖥️ BetRivers – Regular Promos for Online Roulette Players
  • We have signed up for accounts with every online casino roulette gambling site that holds a license to operate in the United States. 

    Our experts made deposits, claimed promos, played a range of different roulette games and requested payouts. They made detailed notes throughout the process, and we were then able to whittle the field down to the five best online betting sites for roulette.

    1. BetMGM – Best Roulette Site Overall

    BetMGM is the country's most popular online casino. It was created as a joint venture between Nevada-based casino operator MGM Resorts International and a European gaming giant named Entain, which owns the PartyCasino and PartyPoker brands.

    BetMGM owes a great deal of its success to its immense range of slots – which includes an exclusive network of high-paying progressive jackpot games – but it also excels when it comes to table games.

    There are around 20 different roulette games at BetMGM – the range differs slightly depending on which state you are in – including American, European and French roulette. There are also options such as First Person Lightning Roulette, Blazing 7s Roulette, the exclusive BetMGM Roulette Pro and much more.

    The BetMGM Casino bonus code TODAY1000 will earn new customers a 100% deposit match of up to $1,000, plus $25 on the house, which will bolster your bankroll before you start playing at the best roulette betting site on the market.

    Visit BetMGM.Com for Terms. Must be 21+. MI, NJ, PA or WV only. Excludes Michigan Disassociated Persons. All promotions are subject to qualification and eligibility requirements. Rewards issued as non-withdrawable site credit, unless otherwise provided in the applicable Terms. Please Gamble Responsibly. Gambling Problem? 1-800-270-7117 for confidential help (MI), 1-800-GAMBLER (NJ, PA & WV).

    2. Caesars Palace Online Casino – Great Roulette Site for High Rollers

    Caesars Palace Online Casino is a great option for high rollers seeking online roulette while simultaneously being one of the top live dealer casinos. You can wager up to $100,000 on a single spin of the wheel on one of its roulette games. High-stakes bettors will also rack up a huge volume of Caesars Reward Credits and Tier Credits, earning you great perks online and at land-based casinos. Yet this is also one of the best roulette sites online for casual players, as you can wager just $0.10 per spin if you like.

    The Caesars Palace Online Casino promo code USATODAY2500 provides a 100% sign-up bonus worth up to $2,500. 

    Caesars Palace Online Casino offers a simpler and more stripped-back experience than BetMGM, with a smaller range of games, but the website and the mobile app are quick and user-friendly, and the customer service is excellent.

    Must be 21+ to participate. Terms Apply.

    3. FanDuel – Best Mobile App for Roulette Players

    FanDuel is renowned as No. 1 among best online sportsbooks in America. It also offers DFS contests, a racebook and a TV network, so it is fast growing into a gambling and entertainment empire.

    In 2018, Flutter Entertainment – the world's largest online gambling business – purchased FanDuel. Flutter owns a wide range of brands, including PokerStars and Stars Casino, so it has a wealth of experience in running online casinos and the best poker apps.

    It has equipped FanDuel with a slick, user-friendly mobile casino app. This mobile app is very reliable, and it has earned strong average user ratings on Google Play and the App Store.

    FanDuel offers a similar range of games to Caesars in Michigan, New Jersey, Pennsylvania and West Virginia. It also powers the Mohegan Sun online casino in Connecticut.

    New customers will be given a rebate of up to $1,000 on any losses from their first 24 hours with the FanDuel Casino bonus code offer. The rebate is paid in bonus credits, with a 1x playthrough requirement.

    Must be 21+ to participate. Terms Apply.

    4. BetRivers – Regular Promos for Online Roulette Players

    BetRivers is an online casino with a very strong range of slots and table games. There are lots of classic roulette options available, along with Platinum Roulette, Space Invaders Roulette, 100/1 Roulette and more. You can also play live dealer roulette, along with Lightning Roulette and Dream Catcher, a game show with a similar format to roulette.

    The BetRivers Casino promo code provides all new customers with a 100% sign-up bonus worth up to $250. However, it cannot be used on roulette, craps or baccarat, so you will need to use it on slots, video poker or alternative table games. There are recurring promos too, and you will earn points for the iRush Rewards program.

    This loyalty program is named after parent company Rush Street Interactive, which owns the Rivers Casino venues in Pittsburgh, Philadelphia, Upstate New York and Illinois. Its automated payment system, RushPay, processes most payout requests instantly, so it is the best online roulette site USA for quick payouts.

    How to Get Started at The Best Roulette Casino Sites

    The best online roulette site providers make it quick and easy for you to create an account. Just click the link next to one of the best roulette sites featured on this page to visit the online casino today. That will ensure you qualify for the best welcome bonus. You can then follow these simple steps to get started:

  • ✅ Sign up for a new account: The sign-up form will ask for some personal details and contact information. Type in your first name, last name, date of birth, residential address, phone number, email address and the final four digits of your Social Security number. You will also need to set up a password, and potentially a username too, before agreeing to the terms and conditions and submitting the form.
  • ✅ Verify your email: Most roulette sites will send an email to your inbox, and you will need to click the link within it to verify your address. The best site to play roulette online will try to verify your identity automatically, using the personal info you provided. If it cannot do so, you must upload scans of the identifying documents it requests, such as a recent bill and your driver's license, to validate your account.
  • ✅ Log in and claim your offer: You can then make your first online casino deposit and claim your welcome offer. Either stay on the website to make the deposit or download the app and log in using your password. Visit the cashier, choose your preferred payment method, enter an amount and provide details.
  • ✅ Play roulette online: Deposits are instant at the best roulette betting site operators. The bonus funds will be released when you make the deposit. You can then head to the "Table Games" or the "Roulette" section to find an online roulette game to play.
  • Must be 21+ to participate. Terms Apply.

    How We Ranked the Best Online Roulette Sites

    We focused on five key categories when reviewing online roulette casinos, which are laid out below. The best online betting sites for roulette that we have featured on this page excelled in these categories:

  • Bonuses & Promotions: The best roulette sites online offer new customers a large sign-up bonus – typically a large deposit match offer, a no deposit bonus or a combination of the two. They impose realistic rollover requirements on their bonuses, giving you a strong chance of cashing out a profit. You can also benefit from recurring, weekly promotions and the best online roulette gambling sites.
  • Games & Variety: We look for online roulette gambling sites that offer a broad variety of high-quality games from several different suppliers. That should include European roulette, also known as single zero roulette, and preferably French roulette too. The best online roulette site USA will also offer fun variants like 100/1 Roulette, plus live dealer roulette games.
  • Payments & Withdrawals: The best online roulette sites offer their customers several convenient, secure, free payment methods, including credit and debit cards, branded prepaid cards, VIP Preferred e-checks, online bank transfers, wire transfers, PayNearMe, PayPal, Skrill, Venmo and cash at the cage. They also offer same-day or next-day withdrawals via lots of different options. All payouts should be free, with wide enough deposit and withdrawal limits to suit all a range of budgets.
  • Support & Security: The best online roulette gambling sites USA offer 24/7 customer support via live chat or email. Some top roulette sites offer phone support too. The agents are quick to respond, friendly and knowledgeable, allowing them to offer clear and helpful advice. Security is also important, so we only recommend roulette online casinos that are licensed, regulated and legit, offering powerful encryption tools
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