Saturday, April 19, 2008

Roulette - No Skill Required

As with most other table games in the casino, players of roulette try to use the Martingale system to turn a profit. This system involves you doubling your bet after each loss which can see your stakes spiral out of control after a few losing bets and the Reverse Martingale System where you cut your bet in half after a win.

There are many other roulette systems people use in order to try and gain the upper hand but the main system you should concern yourself with in roulette and use consistently is the Money Management System. If you use it, you may be surprised how well it works!

There are 161 different ways to bet on the roulette wheel and with such a choice available the casino is very kind to players by allowing them to bet on numerous numbers and multiple ways. For example, you can wager on a 12 number column, a general bet on black and “odd” while placing a straight bet on the numbers 4 and 10.

Tuesday, April 1, 2008

Roulette Strategies

Casinos' have been pocketing the chips of roulette players since the 18th century. It has been one of their greatest money makers, due to its large house edge. The house edge comes from the fact that the casino gets 1 or 2 extra pockets than you. It's like they're playing poker with an extra card.

Yet, many still believe that there is some way that you can overcome this house edge. People have come up with roulette strategies like the: Martingale, Fibonacci, d'Alembert, Regression, Reverse and a hundred other variations. The internet is full of many more roulette systems that don't work, being pushed by people who want to make money of casino commissions.

All of these roulette strategies revolve around what is known as "gambler's fallacy" - the belief that a certain number is more likely to come up due to past events. They rely on the hope that you will have certain winning streaks and not have certain losing streaks.