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    When I started playing online roulette a couple of years ago, I learnt something very important that any roulette game player should know. The odds of the game can never change, but how you play roulette can.

    The odds of winning roulette come down to a few variables, the amount of numbers on the wheel and the colors associated with those numbers. The green color is also very important, known as the zero. It is the zero which folds against players and decreases your odds in roulette.

    The odds of roulette can be managed by a rule known as the bankroll function. This means that a roulette player must become shadowed by each and every move or bet placed.

    Winning roulette for most people can be considered a luck streak or a fluke, but i prefer to call it correct management. How can you expect to win roulette if you play without a plan of action, so now i’m going to give you a serious pointer, when making the most of the odds when winning roulette.

    The bankroll function involves placing a set of percentages against the unbeatable 36/1 single roulette bet method. So we apply this function by playing nothing more than red or black numbers, or odds and even.

    It does not matter whether you bet on black when playing roulette, or on red. The important thing is using the bankroll function regardless.

    Here is a quick example. Bet your chips on red and then following a win, place to one side 50 percent of that winning bet. If you lose, then double your next bet by 50 percent.

    We now have a situation of changing values that can push the odds of winning towards the player. The common mistake made by most casino roulette players is that they focus too much on the game, when really they should be concentrating on their own values.

    Now what follows is a constantly changing value due to winning and loss, the important thing is to leave the roulette table when you have more than 20 percent of what you started with. This is the bankroll function.

    If the odds of winning roulette are 36/1, then the odds of losing roulette are around 1/36. So do not fight the roulette game, instead use bankroll function.

    Odds can be very tricky when playing online casino and other games, so the key comes down to the player.

    James Covert writes for http://www.covertcasino.co.uk an online resource that provides roulette players with free bonuses and practice to help develop their skills. Practice roulette online now

    Before I start delving into the matter, let us just get the title question out of the way first. In my opinion, a winning roulette system, plain and simple, doesn’t exist! Well, now, thank you for your time, ladies and gentlemen, have a good night y’all! But for those of you that just refuse to go home even after the curtain has long fallen, I will explain myself further. Although I firmly believe no winning roulette system exists, I believe that with a proper roulette strategy, long term profitability can be achieved.

    So, what are you saying, a strategy yet not a system? By definition, a roulette system is a set of more or less complex rules (usually more) you are obliged to follow when playing roulette, that supposedly should bring you untold riches. Usually a roulette system deals primarily with bet selection (what and when to bet on) and to a lesser extent with money management (how much to bet flat or progressively). Unfortunately, the “linear” nature of any such system, however good it may seem at the beginning, is the main reason why the house edge slowly (or even quite abruptly) but surely creeps in and takes a bite out of your bankroll. It does not matter if you use flat betting or progression betting everything ultimately leads to the casino having an advantage over you.

    Fortunately, there is a way to overcome that, but you have to change your “linear” approach. You just can’t outsmart the house edge by repeating any single method over and over again, in other words, you need a strategy that can earn you money in spite of house edge, not one that tries to overcome it. Let me borrow an example from the investment world, say you are buying penny stocks with +900% potential over a few years. The downside of each stock will be limited to “only” -100% of your initial investment (without leverage). In such scenario, only 1 out of 10 of your stocks needs to make it over your profit target, while 9 out of 10 could go bankrupt and you would still make a profit (assuming no inflation).

    So, how does this translate to roulette? You will need to learn how to properly limit your losses, while at the same time allowing your profits to run freely. You can limit your losses by betting conservatively while you are risking your own money, by never risking more than a pre-defined part of your bankroll on any given bet, by setting up trailing stop losses and most importantly, by learning to recognize and avoid the “chemical rush”, that can cloud the judgment of even the most educated men and turn them into mindless gamblers in a matter of minutes. You can disproportionately boost your profits by betting less conservatively when you are already in profit (risking only the casino’s money), hence allowing for much larger profits than your risks ever are, also your betting amounts need to be sufficient to maintain a good enough risk/reward ratio to keep your long term profitability above the house edge.

    Approaching roulette with an investor’s mentality is in my opinion the only viable option of ever beating roulette. Thinking you can outsmart the house edge will get you nowhere, but managing to get the best out of your good luck streaks while containing the effects of bad luck streaks, can.

    Mark Browns is the creator and owner of a Roulette Fighter, not only a roulette system but a complete roulette strategy!

    In 1873, the roulette player Joseph Jagger, made roulette history. He hired six men to keep track of the winning numbers at roulette wheels in a Monte Carlo casino. Reviewing this information, Jagger found that specific numbers were hit more than others. He was able to win $400,000 at this casino, basing his “luck” on the idea of teamwork.

    Several years later, another gambler, Charles Wells, visited the same Monte Carlo casino. Charles Wells was later known as the “Man who Broke the Bank at Monte Carlo”, because he was able to win over 2 million francs in two days. A song written by Fred Gilbert and entitled “The Man who Broke the Bank at Monte Carlo” has immortalized Wells.

    In the year 2004, Ashley Revell, a Londoner, sold all of his belongings and arrived at the Plaza Hotel in Las Vegas with $135,300. This was a well advertised stunt and was broadcast on the British Sky One channel – live. He put all his money on “Red” at the roulette table in a “double-or-nothing” bet. The ball landed on red-7 and Revell walked out with his net value doubled to $270,600. It is bets like this that make people famous roulette players. Revell later said it was a really crazy thing to do, and he would never do it again.

    With the advent of computer technology, roulette players began looking for ways to “cheat the house” with computerized systems.

    In 1955, two MIT students, Edward Thorp and Claude Shannon, created a computerised device that could predict the odds of the game of roulette. There is no record of how much they won, if at all, but their names are remembered because of their ingenuity.

    In the 1970’s, a group of students at the University of California Santa Cruz, who called themselves the Eudaemons, after the Eudaemonistic philosophy of Aristotle, invented a small computer which increased their odds of winning at roulette. They used it for a short period of time in Las Vegas, earning themselves $10,000. But then their device short-circuited and burned one of the group, which ended their roulette days.

    A recent addition to the “famous roulette players” was a Spaniard, Gonzalo Garcia- Pedayo, who went to the Casino de Madrid and used a computer device to determine which number was hit most often on the roulette wheel. He managed to win over a million dollars over a period of several years. However, the casino caught onto his device and took him to court, but the court ruled in his favour.

    I hope you have enjoyed this short article about some of the worlds most famous roulette players. The next time you take a trip to a gambling city to play roulette remember that there is a lot of history behind this wheel, many millionaires made, and even more that lost it all just for the chance to become rich at the most popular game at the casinos.

    Feel free to take a look around my other Roulette articles and I’d be thrilled to see you on my roulette blog where you can leave your thoughts or simply take a look around.

    Adrian

    [http://www.winningroulettesystem.org.uk]

    The game of roulette is considered to be a game of chance, which means that the ability that you might have to influence the winning number is about equal to influencing the flip of a coin. Each spin of the roulette wheel is completely independent and has no effect on any subsequent spins. However, with that being said, there are a few simple strategies that you can try out while playing the game which will give you a decided advantage in the game.

    First of all, the most important thing that you must remember is to stay away from the “quint bet”. This bet is only available on a roulette wheel that contains both a zero and double-zero, such as on an American roulette wheel. Basically, the quint bet consists of a single wager on the 0, 00, 1, 2, and 3. The house advantage on this bet is almost a whopping 8%, compared to the 5.26% on any other bet in American roulette or 2.7% on French roulette. With an 8% house advantage, you will rarely be lucky enough to win on a quint bet. So, I must say again to emphasize this point, stay away from the quint bet! Even though the casinos would like to see you make this bet, it could turn out to be a very costly mistake for you.

    Another good strategy for winning at roulette is to look for a roulette table that has an option to “surrender”. This will reduce you loss by 50% on any losing bet that has been placed on an “even money” spot where the winning number is zero or double-zero. For example, you place a bet on the red spot and the winning number is zero. You will only lose half of your bet, with the other half returned to you. The house will receive the half of the bet that is considered the loss. This ability to surrender actually reduces the house advantage by half. Bear in mind that while you might find an American casino that will offer surrender, it can be quite hard to find a European table that will offer this option. This is because this will actually reduce the already low house advantage in the European casinos to under two percent.

    One thing to keep in mind while playing roulette is that if you happen to find a system that seems to be working for you, then stick with it while you are still winning. However, once this system appears to be falling apart, then it is time to move on and try out something else for a while. Don’t ever think that you are going to find that “golden biased wheel” because quite honestly it is in the casino’s best interests for the wheel to be as unbiased as possible. It clearly would not be very profitable for them to have a wheel that appears to be predictable, and furthermore, the wheel would have to be very predictable in order to overcome the house advantage.

    One of the things that I enjoy most about the game of roulette is the unpredictability of the outcome and of the quiet dignity of the players. Around the roulette table there isn’t the noise or energy level that you would normally find around a craps table or at a blackjack table. However, you will experience the anticipation of placing your bets and then watching the ball as it spins and dances around the wheel, always moving until that right moment when the ball plops into the pocket of that perfect number. That winning number; the number that is sure to bring a smile to your face. Best of luck to you!

    Mary writes original and informative articles about live dealer casino bonuses and promotions. Find out more about the great live casino games like live dealer blackjack and live dealer roulette at CasinoChimp.com.

    A strategy is a set of rules in which a player follows in order to beat the game. The more accurate way to describe a betting system, is more like using a set of rules to make more winning situations than losing ones. There are lots of roulette systems and betting methods that can be used by players attempting to improve their odds in the game. However, it is more important to learn how to manage your money before hand. As strategies for roulette in example, require elements of discipline and self control.

    If you do not use some form of discipline alongside your roulette system, then you run a high risk of losing everything at the casino table. Let me explain this, you are using a double of nothing system that requires sticking by a set of percentages that follow each winning and losing bet. It is therefore important that you stay within the percentage, yet the natural thing to do is to bet more. That is the mistake and something that self control can help you with.

    All roulette strategies require discipline in order to make the most of them. It is fundamental that you develop a powerful way to handle the cash you play with at the tables. Most online casinos rely on the greed of the player for profit, when a player must rely on control for profit.

    I hope you can see the difference in the above statement. You will do far better on roulette simulators and online casino games when you learn to play with direction. Calculation is the ultimate weapon a player can have, as it serves against greed and silly mistakes often made by most.

    Roulette strategies that will increase the odds of winning are not worth dealing with, until the player has the control to go with it. You can learn how to master the elements of applied gambling in a few simple steps and with a little bit of dedication. Let the mathematicians build the systems, but let the professional roulette simulator players be the ones who make the most of them.

    Gambling in a more positive manner, is the best roulette strategy of all. So learn how to use your own money more effectively and you will find something very pleasing with your results.

    James Covert writes for http://www.covertcasino.co.uk An online resource for online roulette simulator players offering tips, strategies, money management advice and free roulette money spins worth $800 an upwards.