Take a closer look at Roulette
There are so many ways to play, it's a strategists paradise.
Learn & Enjoy & Play
I might be crazy thinking that gambling can make money, and I think that it can, BUT it is invariably leading to a loss. The math is NOT on my side. Please take my meanderings in this area as entertainment purposes only. The house always, eventually wins. This is why casinos have very large buildings. Built to capture your money.
Trading foreign currencies since 2006, did not actually help me in this adventure, but certainly helped in the psychology. In trading the markets, you need a lot of time to study what's going on. In gambling, the longer you play at each session, the chances dwindle against you. So YES, you can lose at gambling. However, gambling is when you take unknown risks. My answer - get out when you win. Which most "gamblers" don't actually do too well. See my adventures below....
Introduction to my Roulette adventure
Leaving the table with your winnings is the name of the game. In gambling, the longer you play at each session, the chances decrease. Most "gamblers" set themselves up to lose and stay too long. Traders on the other hand, try to win, with strategies.
My first table game in Las Vegas, was Roulette in 1995. It didn't end well. That stopped me from playing Roulette for 30 years.
Here's a strategy I like.....
Here's the simplest strategy to follow.
There are some cautions. But it "works" for a while.
Sadly, if you play long enough, you will lose.
This is a "winning" system I have found from WILL VEGAS 166 on YouTube. Will is one of the few YouTube influencers that actually seems to trial and error various strategies himself. On his home table, and on real casino play. In this video, he suggests to wait for 2 RED or 2 BLACK, then bet. And hold the bet for 2 RED and 2 Black, until you win. All details are in the video. It's a martingale betting system, and that's sadly, what I really don't like about it. See my videos on Martingale below. Doubling the bet each loss can be catastrophic for your trading capital, I mean bankroll. Martingale has it's disadvantages. But in this video, it's a seemingly winning system, so far. But mathematically, martingale will wipe your trading capital, I mean bankroll. I will keep trying various new strategies, and I like to look at the ones that are not Martingale. (doubling the bet, for each loss)
How many Strategies ?
There are a surprisingly large number of strategies to play this game. Like, hundreds, if not a thousand. Here is a guy that mathematically TESTS each strategy. I like this guy.
He's worth a visit. https://www.jackace.com/gambling/roulette/
No Roulette connoiseur would be complete without checking out THE ROULETTE MASTER https://www.youtube.com/@TheRouletteMaster
Caution though, he plays 1 round of a system. So it's a small sample size. Definitely try each system yourself, on a simulator, several if not a lot of times, to see if it's right for you. Many times its not.
Here's one of his best videos. It's not a martingale ! Hooray !
https://www.youtube.com/watch?v=lswkgZRLfcg
You're Crazy, You will Lose money !
Yes, that's what I heard in 2006 when I started Trading. I have heard that before. It's not news.
I know the house always has an edge, I am well aware of that fact. Taking small wins over time, are possible. But not a sustainable way to make long term money. I understand that. You do too.
That's why I made this site. It helps me understand what is happening. I started the Melbourne Forex Group back in 2009, and it has helped me understand my trading well beyond what was anticipated. So if this concept is not for you, that's great. But I am just adding a little strategy game play into my life, and it's amazing. Randomness is fascinating. It has trends, believe it or not.
If it didn't trend, then you could just play RED, then BLACK, then RED, then BLACK, and win a lot of money. The longest running trend of one color was 26 BLACK in a row. Get your head around that !
Other stories go as high as 32 times in a row, of the same color. So to capture that trending, there are several systems that employ a strategy called, FOLLOW THE WINNER. Those are easy to play, and they seem to win more often than not.
Don't fall for the "gambler's fallacy"
The evening of August 18, 1913, at the Casino de Monte-Carlo seemed like any other night until the roulette wheel began doing something that felt impossible. Spin after spin, the ball landed on black. Gamblers crowded around the table, whispering, calculating, and convincing themselves that red was now “due.” The logic felt natural. After so many blacks in a row, surely the next spin had to balance things out.
But the wheel had no memory. Black came up again. And again. By the time the streak ended, the ball had landed on black 26 consecutive times. The room reportedly erupted in disbelief as fortunes were lost in a matter of hours. Players kept doubling their bets on red, certain that probability would correct itself, not realizing that each spin was independent and carried the same odds as the last.
The incident became one of the most famous real-world examples of the gambler’s fallacy, the mistaken belief that past outcomes influence future random events. At Monte-Carlo that night, the wheel did not care about patterns, streaks, or expectations. It simply kept spinning, while human instinct and flawed reasoning did the rest.
Here's the reference: click here for some info on the GAMBER's FALLACY
More on the MATHEMATICS of Martingale.......
Short term, OK, Long Term, definitely not OK.
It's definitely going to lose in the long run.
I found an interesting math explanation on Roulette and Martingale Strategy. Short term, it's worth the "gamble." However, see the video below, about long term play.
Expected Value, will always get you in the end..... always.
This is a great explanation of the general mathematics about most table games, including Roulette.
More mathematics about ROULETTE, in particular.
It also explains the house edge, very nicely, and explains why the casino specifically doesn't allow you to play systems that win. Martingale is particularly the worst system to play, in the long run.
This guy has some amazing strategies
Todd Hoover with another great video ... "Why I Raise My Bets... Even When I WIN? "
This is a great video of Todd, showing how he potentially can make a lot of cash, but it's a scary ride !!!!!! and he appears to win. I haven't tested it much myself yet.
Note: I believe, he could have played much less time and had much less headache (risk), and walked away with half as much, but he pushed it to win $1000.
It appears that his win, is a good one, but his risk was too high for me.
The longer you play, the more chances you have of losing. My plan is to have a set bankroll, if I lose, I leave. If I make it to a "take profit" level, I leave. The odds of playing longer are not in your favor at all, and will take your money. The casinos know this, and they have a long term view of it all. Because they know you will lose. They just have to keep you playing long enough to lose. Hence, all the noises, and distractions.
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⚠️ Important Disclaimer
No roulette strategy can overcome the house edge. All strategies presented here are for educational purposes only. Roulette is a game of chance, and the house always has a mathematical advantage. Please gamble responsibly, never bet more than you can afford to lose, and remember that these strategies do not guarantee profits.
European Roulette House Edge: 2.7% | American Roulette House Edge: 5.26%