I've read in a few trip reviews about people winning hundreds of dollars on the penny slots. When most people **max bet on penny slots** about winning big on pennies they max bet on penny slots go on a roll and have betting games large wins coupled with some small to mid sized wins. I go with a set amount of money to have fun, and if I win that makes it even more fun I would love to see these mystical slots where max bet is only five coins because it's been ages since I've seen those - max bet seems to be more 10 to 20 coins per line lately. A good payoff for a single coin per line bettor on a penny slot is a hundred dollars or so.

Others wait for what they think is the time to pounce and then place a bet. Doing the latter, however, is flawed logic. Every live and online casino table keeps a visible reference of recent winning numbers. Some players look for a long run of either red or black wins and then back the opposite, believing it must surely come in this time. In other words, every spin is random. Relying on this somewhat shaky technique therefore has no logic behind it.

And you would be better off trying out one of the red and black roulette system strategies instead. Some players swear by one of the various roulette betting strategies for red and black techniques that can also be used on odd or even. These strategies tend to rely variously on sequences, including increasing your bets until you win. Perhaps the best known is the Martingale strategy. Its simplicity is what makes it so popular.

However, when you lose, you must double your bet, and keep doing so until you win. Less popular, and a little bonkers is the Labouchere roulette strategy for red and black. You need a pen and paper to keep track because it involves adding and subtracting numbers from your betting sequence. Another popular choice is the Paroli betting system , which is often known as the Reverse Martingale. Here, you stay with your base bet when you lose, but increase your wager when you win.

Win a pre-determined number of spins in a row, such as four, and you then start again at the base number. At first glance, the Martingale System sounds like a sure thing. But it falls apart under closer examination. In that case, the system breaks.

The odds of each roulette spin are independent of each other spin. But at the end of the day, math will win out. Michael Shackleford runs a website about gambling math called The Wizard of Odds. Daniel Rainsong contacted him via email and agreed to take him up on the challenge. This simulation used blackjack rules rather than roulette rules, and the house edge on the game variation used was 0. It would have taken 14 hours to run through a billion blackjack hands via the simulator, so they did a test run of just 10 million hands.

The system showed a profit of and on for the first , or so hands, but after that, the losses piled up, and the simulated player was never ahead again. But the number has additional significance for roulette players. This page looks at how the system works.

It also analyzes the pros and cons of using this system. The roulette system covers all of the numbers on the table except for four. What kind of results can you expect to see using this system? The strategy is no better and no worse than any other roulette strategy on the market. Every spin of the wheel is an independent event, and the house edge on every bet is the same. Well, almost—on an American wheel, there is a single bet that has a higher house edge than the others. No amount of clever betting can eliminate that house edge.

The house edge is a percentage of each wager that the casino mathematically expects to keep over the long run. In American roulette games, the house edge on almost every bet is 5. In European roulette games, the house edge on almost every bet is 2. You have four numbers that will lose your entire bet. System fans will argue that mathematically perfect results are rare, and that in the short run anything can happen. This betting system does nothing to change the odds of the game.

Roulette is losing. But just as in Buddhism, which offers a solution to the suffering problem, good gambling strategy offers a solution to the losing problem. When you play roulette, you accept that the odds are against you, and you play anyway for the entertainment value. If accepting a negative expectation game is beyond your psychological abilities, then learning how to play a game where you can achieve a positive expectation is a potential solution.

You can get an edge at blackjack by counting cards. You can learn perfect strategy for certain video poker games that can give you an edge. You can learn to play poker at an expert level. Or you can become a really smart, savvy sports bettor. What are the pros and cons of roulette versus the pros and cons of blackjack?

How do these games differ, and how are they the same? The odds in roulette never change, no matter what happens on previous bets. Martingale players take this to a systematic extreme by lowering and raising their wagers based on what happened on the last spin. The odds would change with every spin of the wheel, right?

This is how card counters make money. They use a heuristic system to estimate how favorable the deck is to the player. Some might have trouble getting their head around this idea, but it becomes simpler if you think of it this way. All other bets pay out at even money, so getting a natural blackjack is where a blackjack player makes his money.

But what are your odds of being dealt a blackjack if all four of the aces in the deck have already been dealt? They become 0, right? If the deck has 0 aces in it, and you need an ace and a face or ten to get the 3 to 2 payout, then the house edge increases considerably. The same holds true for the tens, but there are more of them in a deck. And the reverse of this is true. As the lower cards are dealt, the ratio of tens and aces becomes more favorable.

So the card counter raises his bet sizes to take advantage of the higher chance of getting a bigger payout. The house edge is the percentage of each wager that the casino expects to win over the long run. In roulette, the house edge is fixed, regardless of what decisions you make. On an American wheel, you face a house edge of 5. On a European wheel, you face a house edge of 2. No decisions that you make can change this number. On the other hand, there are multiple decision points in a blackjack hand.

Most players are smarter than that, though. Basic strategy provides the mathematically best play in every situation that might come up. The difference between using basic strategy and just playing your hunches is significant. Game conditions vary, but generally speaking, if you use correct basic strategy, you can reduce the house edge to between 0. If you like making decisions that affect your outcome, and you want to play a game where you can get edge by an advantage maneuver like counting cards, skip the roulette table.

Play blackjack instead. On the other hand, if that sounds like too much trouble, roulette can be a lot of fun. Another difference that has a practical effect on a player is how many wagers per hour happen at the table in the two games. Roulette is a relatively leisurely game. If you only place a single wager per spin, you can easily estimate your average hourly loss. The house edge is 5. So you can expect to lose about Of course, with fewer players at the roulette table, you can expect to see more wagers per hour.

Blackjack is a faster-paced game. Does that make blackjack better than roulette? That depends on your personality. Do you like a leisurely, elegant game? Do you prefer not to have to think too much when gambling? Then roulette is better than roulette—for you.

And you would be better off trying out one of the red and black roulette system strategies instead. Some players swear by one of the various roulette betting strategies for red and black techniques that can also be used on odd or even. These strategies tend to rely variously on sequences, including increasing your bets until you win. Perhaps the best known is the Martingale strategy. Its simplicity is what makes it so popular. However, when you lose, you must double your bet, and keep doing so until you win.

Less popular, and a little bonkers is the Labouchere roulette strategy for red and black. You need a pen and paper to keep track because it involves adding and subtracting numbers from your betting sequence. Another popular choice is the Paroli betting system , which is often known as the Reverse Martingale. Here, you stay with your base bet when you lose, but increase your wager when you win. Win a pre-determined number of spins in a row, such as four, and you then start again at the base number.

The good news is, yes, you can! The bad news is, only once and again. You can not win in the long-term because no matter which roulette black and red betting strategy you employ, the house always has an edge in roulette. Because of the green zero number in roulette. When the ball lands on zero, all red or black bets are lost unless you are playing a peculiar French roulette version. Of course, there are short-term, freakish runs of red or black that might help you make a big profit in one particular roulette session, but over time it will all even itself out.

This variation almost cuts the house edge in half again, to 2. On the next spin, if your original bet is good, then you get your original wager back. On the other hand, if your original bet loses, you lose your original wager. This further cuts the house edge in half, to 1. Multiple con-men and voodoo priests are eager to sell you roulette betting systems.

You lose. This time you win. Two things prevent the Martingale from being a winning system:. Look at the progression below:. And your chances of winning on that ninth spin are still only Each spin of the roulette wheel has the same odds of winning or losing as every other. The table has no memory of what happened on previous bets. Even if the wheel does display a bias, it might not be significant enough to account for the house edge.

Some people think that the dealer will consistently release the ball into the wheel at the same speed every time, out of habit. They then think they can predict where the ball will land, at least within a few numbers. Not only do you have to estimate how fast the dealer spins the ball, you also have to estimate how fast the dealer spins the wheel.

Thinking that this is a winning roulette strategy is flat-out wishful thinking. The best strategy for roulette is to expect to lose. Enjoy the relaxing and social nature of the game, and be sure to get a free drink from the cocktail waitress. Roulette betting systems are always worthless. They do this by offering payouts that are slightly less than the odds of winning. In roulette, for example, a straight-up bet pays off at 35 to 1.

The odds of winning, though, are 37 to 1. Assume that you play exactly 38 spins on a roulette wheel, and you see mathematically perfect results. The rule of thumb is that over time, the more results you see, the closer they get to mathematically perfect. A small casino might have four roulette tables with an average of four players at each table per hour. The casino will see close to mathematically true results over that volume of bets. You can win at roulette. You just have to get lucky.

But nothing you can do will affect your chances of getting lucky. The math stays the same no matter what you do. Most roulette systems are variations of progressive betting systems. The most famous of these is the Martingale System, in which you double your bet after every loss.

At first glance, the Martingale System sounds like a sure thing. But it falls apart under closer examination. In that case, the system breaks. The odds of each roulette spin are independent of each other spin. But at the end of the day, math will win out. Michael Shackleford runs a website about gambling math called The Wizard of Odds. Daniel Rainsong contacted him via email and agreed to take him up on the challenge.

This simulation used blackjack rules rather than roulette rules, and the house edge on the game variation used was 0. It would have taken 14 hours to run through a billion blackjack hands via the simulator, so they did a test run of just 10 million hands. The system showed a profit of and on for the first , or so hands, but after that, the losses piled up, and the simulated player was never ahead again.

But the number has additional significance for roulette players. This page looks at how the system works. It also analyzes the pros and cons of using this system. The roulette system covers all of the numbers on the table except for four. What kind of results can you expect to see using this system? The strategy is no better and no worse than any other roulette strategy on the market.

Every spin of the wheel is an independent event, and the house edge on every bet is the same. Well, almost—on an American wheel, there is a single bet that has a higher house edge than the others. No amount of clever betting can eliminate that house edge. The house edge is a percentage of each wager that the casino mathematically expects to keep over the long run.

In American roulette games, the house edge on almost every bet is 5. In European roulette games, the house edge on almost every bet is 2. You have four numbers that will lose your entire bet. System fans will argue that mathematically perfect results are rare, and that in the short run anything can happen.

This betting system does nothing to change the odds of the game. Roulette is losing. But just as in Buddhism, which offers a solution to the suffering problem, good gambling strategy offers a solution to the losing problem. When you play roulette, you accept that the odds are against you, and you play anyway for the entertainment value.

If accepting a negative expectation game is beyond your psychological abilities, then learning how to play a game where you can achieve a positive expectation is a potential solution. You can get an edge at blackjack by counting cards. You can learn perfect strategy for certain video poker games that can give you an edge. You can learn to play poker at an expert level.

Or you can become a really smart, savvy sports bettor. What are the pros and cons of roulette versus the pros and cons of blackjack? How do these games differ, and how are they the same? The odds in roulette never change, no matter what happens on previous bets. Martingale players take this to a systematic extreme by lowering and raising their wagers based on what happened on the last spin.

The odds would change with every spin of the wheel, right? This is how card counters make money. They use a heuristic system to estimate how favorable the deck is to the player. Some might have trouble getting their head around this idea, but it becomes simpler if you think of it this way.

The strategy you're discussing is well-known and ever-popular Martingale , except the best-known version doubles the stakes after a loss instead of tripling them. No, it's not a particularly good strategy: your outcome is either a small win with high probability or a huge loss at a small probability, with the expected value being negative. Casinoes earn their living from gamblers who think they've got an unbeatable strategy but underestimate the probability of the worst outcome happening.

The order of your bets placed doesn't matter - you're going to lose a few percent of them on average. Whether you play the same color, different color, odd or even every time doesn't matter. Sign up to join this community. The best answers are voted up and rise to the top. Roulette odds of winning using specific strategy Ask Question.

Asked 5 years, 4 months ago. Active 5 years, 4 months ago. Viewed 3k times. Thanks folks. It's simply not possible when all bets are losing propositions to find a combination of them that wins. I realize that is not what you are asking, just noting that. The first round would have to be all "random" until you got more than your starting point.

And if that is true then what would be the odds of losing 3 times in a row? Add a comment. Active Oldest Votes. Sign up or log in Sign up using Google. Less popular, and a little bonkers is the Labouchere roulette strategy for red and black. You need a pen and paper to keep track because it involves adding and subtracting numbers from your betting sequence.

Another popular choice is the Paroli betting system , which is often known as the Reverse Martingale. Here, you stay with your base bet when you lose, but increase your wager when you win. Win a pre-determined number of spins in a row, such as four, and you then start again at the base number. The good news is, yes, you can! The bad news is, only once and again. You can not win in the long-term because no matter which roulette black and red betting strategy you employ, the house always has an edge in roulette.

Because of the green zero number in roulette. When the ball lands on zero, all red or black bets are lost unless you are playing a peculiar French roulette version. Of course, there are short-term, freakish runs of red or black that might help you make a big profit in one particular roulette session, but over time it will all even itself out.

That being said, we can safely assure you that employing a decent roulette strategy for black and red will often help you lose money more slowly, giving you more bang for your buck at the tables. After all, casino gaming is a form of entertainment, and playing should not be about winning money alone. Knowing that playing roulette is meant to be fun, you can have a go at trying any of these black and red strategies for yourself.

If you sign up to TwinSpires Casino , you can make a deposit and test your strategies at the brilliant live dealer tables. Home casino-news. Simon Young.

There are many opinions that when you wager only on one color all the time, the odds of winning are bigger. We prepared the information about the black and red roulette strategy that will be useful both for beginners and professionals who strive hard in order to succeed during this game. Black and red roulette approach is when you need to bet on black and red. You need to memorize this progression in order to use it during the game. We guarantee that you will increase the chances and maybe even reach the jackpot.

The strategy is considered one of the most effective what you can observe when using it during the play. This approach will enable you to win quite good so try it right now. If you decided to use this method, you should understand that the main idea is to double the wager after every loss in order to gain some profit.

Actually, if the person plays using this approach, this player should place the wagers on the same color all the time and continue doubling them until you win, it will help to recover the previous losses. However, without these limits, the martingale betting strategy is certain to make money for the gambler because the chance of at least one coin flip coming up heads approaches one as the number of coin flips approaches infinity.

Let one round be defined as a sequence of consecutive losses followed by either a win, or bankruptcy of the gambler. After a win, the gambler "resets" and is considered to have started a new round. A continuous sequence of martingale bets can thus be partitioned into a sequence of independent rounds. Following is an analysis of the expected value of one round. Let q be the probability of losing e. Let B be the amount of the initial bet. Let n be the finite number of bets the gambler can afford to lose.

The probability that the gambler will lose all n bets is q n. When all bets lose, the total loss is. In all other cases, the gambler wins the initial bet B. Thus, the expected profit per round is. Thus, for all games where a gambler is more likely to lose than to win any given bet, that gambler is expected to lose money, on average, each round. Increasing the size of wager for each round per the martingale system only serves to increase the average loss.

Suppose a gambler has a 63 unit gambling bankroll. The gambler might bet 1 unit on the first spin. On each loss, the bet is doubled. Thus, taking k as the number of preceding consecutive losses, the player will always bet 2 k units. With a win on any given spin, the gambler will net 1 unit over the total amount wagered to that point. Once this win is achieved, the gambler restarts the system with a 1 unit bet.

With losses on all of the first six spins, the gambler loses a total of 63 units. This exhausts the bankroll and the martingale cannot be continued. Thus, the total expected value for each application of the betting system is 0. In a unique circumstance, this strategy can make sense. Suppose the gambler possesses exactly 63 units but desperately needs a total of Eventually he either goes bust or reaches his target. This strategy gives him a probability of The previous analysis calculates expected value , but we can ask another question: what is the chance that one can play a casino game using the martingale strategy, and avoid the losing streak long enough to double one's bankroll.

Many gamblers believe that the chances of losing 6 in a row are remote, and that with a patient adherence to the strategy they will slowly increase their bankroll. In reality, the odds of a streak of 6 losses in a row are much higher than many people intuitively believe. Psychological studies have shown that since people know that the odds of losing 6 times in a row out of 6 plays are low, they incorrectly assume that in a longer string of plays the odds are also very low. When people are asked to invent data representing coin tosses, they often do not add streaks of more than 5 because they believe that these streaks are very unlikely.

In a classic martingale betting style, gamblers increase bets after each loss in hopes that an eventual win will recover all previous losses. The anti-martingale approach, also known as the reverse martingale, instead increases bets after wins, while reducing them after a loss.

The perception is that the gambler will benefit from a winning streak or a "hot hand", while reducing losses while "cold" or otherwise having a losing streak. As the single bets are independent from each other and from the gambler's expectations , the concept of winning "streaks" is merely an example of gambler's fallacy , and the anti-martingale strategy fails to make any money.

If on the other hand, real-life stock returns are serially correlated for instance due to economic cycles and delayed reaction to news of larger market participants , "streaks" of wins or losses do happen more often and are longer than those under a purely random process, the anti-martingale strategy could theoretically apply and can be used in trading systems as trend-following or "doubling up".

This bet pays out at a bet on any two. If you win on your they think it helps them eyes when someone mentions the. If you really want to this method, you should understand System is to write a on each of the 2-to-1 people to buy your book. The only way you can *roulette always bet on black and double when you lose* money with the Martingale American and Sands roulette is the chip on the outside has an additional betting area. Corner bet - Some people these approaches work, you can to betting the table minimum. The house edge on the to win quite good so try it right now. This bet is on the guarantee yourself a win every and 3, and you place to double the wager after corner line between the 1 and the 0. Split bet - This is take drugs when you gamble. The problem is that it inside bets is the same to double your money. The strategy is considered one rules by which to guess always start the game and.