You’ve probably heard it said that “everyone has a system”. The statement may well be true, but the fact is that – whether or not they realize it – many people are actually using the exact same system. In so-called roulette strategy, by far the most popular betting system is the Martingale – a system based on playing even money bets and doubling after losses.

• Roulette Double Bet On Loss Options
• Roulette Double Bet On Loss Carryover
• Roulette Double Bet Strategy
• Roulette Double Bet On Loss Carryforward

• The Black and Red roulette strategy that you may read below is a very simple strategy, but still a very effective one. This system will be useful to all the players who do not possess a big money balance, unlike Martingale strategy which requires you to double all the bets you have lost.
• Double Street Roulette Betting System The Double Street system is a low-risk betting strategy that’s simple to learn. It’s considered low risk because you are betting only 6 chips in each round, and these 6 chips cover up to 17 numbers on the table.
• To calculate the house edge in roulette, we multiply the difference between the true odds against winning and the casino odds by the probability of winning. On a double-zero wheel, the odds against winning with a Straight Up bet are 37 to 1 but the house pays only 35 to 1 which results in a house edge of 5.26%.

If you lose, you stay in red and double your bet until you win. For instance, losing 1€, you must bet 2€ on red; if you lose again, bet 4€; another loss, bet 8€ on red. When you win, change to black and bet 1€. If zero comes up, which rarely happens, you lose your 1€. Then, bet 2€ on red again, and keep doing this until you win.

The video above features our gambling expert Bob, who explains the Martingale betting system. This can be used for any casino game, although it is tailored for roulette in this instance. Bob demonstrates exactly how to place bets using the Martingale strategy and explains the theory behind it.

For new gamblers the Martingale can be a good introduction to both the positives and limitations of betting systems. The more experienced players are certainly correct to point out the flaws in this system, but that doesn’t mean there’s not a time and place (and player) for which the Martingale is the perfect betting method to use.

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How the Martingale System Works

In order to use the Martingale system at the roulette table you’ll need a fairly sizable bankroll and the ability to do some basic math. In the Martingale you’ll be making bets only on even money bets (such as red/black or odd/even) and doubling your bet after every loss.

Here’s how it works. You’ll want to start with the table minimum, and for the purposes of this example we’ll say that’s $5. If you win a bet at any time during the system you’ll always return to this $5 level.

However, when you lose a bet it’ll be time to double your wager on the next spin. For instance, if you lose a $5 bet your next bet will be $10. Lose that bet and you’ll move up to the $20 level, and so on. Remember though, that if you win at any time your next bet is back to just $5 again.

The Martingale system is designed to allow you to accumulate a lot of small wins with very little risk of ever losing your entire bankroll. Since you are always doubling your bet, the end result of every winning bet is a profit of $5, whether you win at the $5 level or at any other bet level after that. On the contrary, a system like the Guetting is designed to win a sizeable amount of chips by the end of a winning streak or coup.

That’s the Martingale in a nutshell. It usually helps to have an end point in mind when using this system. You may choose to play until you’ve won a certain amount of money, or until a certain amount of time has passed.

Issues with the Martingale System

There are a few issues to bear in mind when it comes to using the Martingale system in roulette. The first issue is the harsh reality that the Martingale system will not allow you to overcome the house edge in roulette. Every bet you make still has an edge for the casino and, while the times when you lose your entire bankroll will be rare, they will happen often enough to cause you to eventually lose money at the expected rate (at least in the long run).

This might not always be true if you had a literally infinite bankroll, as then you could play as long as necessary until you finally scored a win and you’d still come out ahead by $5 at that point. But unfortunately, even for those with extremely large bankrolls, there is another pressure on the system. That is the maximum bet at your table.

Imagine that your roulette table has a $5 minimum and a $500 maximum. That means you could make seven bets – wagers of $5, $10, $20, $40, $80, $160 and $320 – before you will no longer be allowed to double your bet.

This means that if you should lose seven consecutive bets you’ll ultimately have gone “bust” for that cycle, and you’ll have lost a total of $635. That would be fine if you’d only lose seven times in a row once every 128 cycles, as that would be enough to break even. However, on an American roulette wheel this will actually happen about once every 90 cycles – too often for you to show a profit.

The numbers are better in European roulette, as you’ll only go bust once every 106 cycles or so – but that is still not good enough to beat the house and exploit a biased wheel.

It’s also worth noting that you’ll need a rather large bankroll when compared to your initial bet to use this system. In the example above, a $5 initial bet requires a bankroll of $635 in order to play the system for at least seven consecutive spins.

Advantages to the Martingale System

Despite the limitations outlined above, that doesn’t mean you can’t, or even shouldn’t, use the Martingale. That is as long as you understand what you’re going to get out of the system.

The Martingale is perfect for players who are willing to take the risk of losing a large amount of money on some occasions in exchange for frequent small wins. If you use the Martingale in a casino, chances are that you’ll end most nights with small wins.

There will be the times when everything goes wrong and you lose a large amount, but on any given trip to the casino you’re much more likely to come out ahead – something that will definite appeal to many gamblers.

Roulette offers a bewildering number of betting options, but the bets are actually straightforward enough. In order to make sure you get the correct payout, you’ll want to make sure that you put your chips in exactly the right place on the table. Missing a payout because your chip isn’t in the right spot is a drag.

Roulette payouts are an important part of roulette strategy. They work like this. The odds are stated in the form of x to 1, which means you’ll win x dollars for every dollar you’ve bet. For example, the single number bet offers a payout of 35 to 1. If you win, you’ll get your dollar back plus the $35 for the win.

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Payouts on the Outside Bets

On the edge of the table are a series of bets which are “outside” the 38 numbers on the table. Each of these bets refers to a specific set of numbers or colors. If the ball lands on 0 or 00, you’ll lose on any of the outside bets.

The outside bets include:

Red or Black – This bet pays out even odds (1 to 1) if the ball lands on the color you chose.

Odd or Even – This bet pays out even odds (1 to 1) if the ball lands on odd or even, depending on which you chose.

Low or High – This bet pays out even money (1 to 1) if the ball lands on 1-18 if you bet low, or if the ball lands on 19-36 if you bet high.

Columns – The numbers on the layout are organized into three columns of twelve numbers each. A “columns” bet wins if the ball lands on one of the numbers in the column you chose. This bet pays out 2 to 1 when you win.

Dozens – There are 36 numbers on the table, so you can bet on the first dozen (1-12), the second dozen (13-24), or the third dozen (25-36). This bet also pays out 2 to 1.

Payouts on the Inside Bets

Roulette Double Bet On Loss Options

You can also bet on specific numbers and sets of numbers on the inside of the layout. These bets win less often, but they pay out more when you do win. The house edge on the inside bets is the same as the house edge on the outside bets.

The inside bets for roulette include:

Straight-up – This is a bet on a single number. It pays off at 35 to 1.

Split bet – This is a bet on any two adjacent numbers. You place the chip on the line between the two numbers in order to make this wager. This bet pays out at 17 to 1.

Street bet – This bet covers three numbers. You place your bet on the line outside of the three numbers in the row where you want to win. This bet pays out at 11 to 1.

Corner bet – Some people call this a square bet or a quarter bet. It’s a bet on a corner that makes a square, and it’s a bet on four numbers. A win on this type of bet pays out at 8 to 1.

Five-number bet – You can only make one five-number bet, and it’s the only inside bet that offers different odds from all the others. The problem is that it has a higher house edge, making it the worst bet on the table. This bet is on the numbers 0, 00, 1, 2, and 3, and you place the chip on the outside corner line between the 1 and the 0. This bet pays out 6 to 1, but only masochists place this bet.

Six-number bet – Some people call this a line bet. It covers two adjoining rows of numbers. It pays out at 5 to 1.

Roulette Double Bet On Loss Carryover

How Roulette Payouts Give the Casino an Edge

Roulette Double Bet Strategy

These payouts all have one thing in common—they pay out less than the true odds of hitting a win. That’s why the casino enjoys a house edge of 5.26% on roulette. Your odds of winning are always less than the payout amounts.

For example, the odds of winning a straight-up bet are 37 to 1. There are 37 numbers on the wheel that lose, and 1 bet on the wheel that will win. But the bet only pays out 35 to 1, not 37 to 1, so the house wins more often than it loses.

Roulette Double Bet On Loss Carryforward

A split bet offers you odds of winning of 18 to 1, but it pays off at 17 to 1.

I could list all of them, but you get the idea by now. The casino has an unassailable mathematical advantage on every bet. No betting system or strategy can overcome this advantage.

Of course, in the short run, anything can (and often will) happen. This is called “standard deviation”, and it explains why some people walk away from the roulette table as winners. The mathematically true results only come around the closer you get to an infinite number of spins.

So the best way to approach roulette is as a lark. It’s a fun game. You can relax and socialize while you play. But don’t expect to win, because the odds are against you. And if you do win, walk away and smile, because you beat the odds.