Do Roulette Betting Strategies Really Work
When you go into a casino, you often see players at the roulette table taking notes or betting in a specific way. The chances are they are following one of the popular roulette betting strategies. Some players swear they are profitable, some like them purely for entertainment, others ignore them altogether.
But what is the truth? Are roulette betting strategies a way to succeed at the roulette tables?
Sadly, no. If they were, all of us would be millionaires within weeks, and every casino would crumble under a mountain of debt. And even if someone has ever devised a foolproof roulette strategy, you can bet they would keep it to themselves.
We can say that many of the roulette betting strategies, some of which we explain later in this article, can raise your chances of a short-term profit, over a particular gaming session, for example. But not in the long term.
The real reason why roulette strategies fail
The great majority of betting systems rely on you wagering on 50/50 shots that are perfect for roulette, where you can back red/black or odd/even. Most need you to go on a mini-streak to become successful, and that is where the systems fail.
There are two reasons for this. First, even though they pay out 1:1, these 50/50 roulette bets do not have a 50% chance of succeeding. That’s because there are not merely 18 red and 18 black numbers, or 18 odd and 18 even numbers on the roulette wheel. You also have the zero, green segment, which forfeits all your bets (unless you are playing a curious French roulette version). American roulette tables have a second, double zero segment, further reducing your odds.
These zero segments create the house edge in roulette, effectively meaning that you cannot win over time, and something that helps the US gaming sector to profit. Nothing is stopping you from pocketing a profit in the short term, of course.
The second reason systems fail is because of the Gambler’s Fallacy. In many betting systems, you are more likely to back one side of a 50/50 bet because it has not come up in a number of previous spins of the wheel.
That is the Gambler’s Fallacy, however, because every new spin is independent of anything that has happened before and cannot be influenced by it. For example, if you toss a coin and it comes up heads twice in a row, it does not make it any more likely that the next toss will be tails.
So, why use betting strategies?
Even though you might not entirely believe in them, it’s exciting to try new strategies out at the roulette table. If you enjoy math, probability, and believe in a pattern where streaks can form, you will enjoy testing the systems out while playing at US online casinos or live casinos.