Bankrolling roulette is a difficult task, because there are so many different ways to win. Before you decide on how much of a bankroll you will use, it will be important to pick one or two different betting strategies. My favorites involving intermediate strategies is choosing something with 1-1 odds or a 46.37% chance of winning and something that has 8-1 or 11-1 odds. This way I have a low-risk bet on the table at all times, but also something that is more of a risk.
Oh, if you’re wondering why everything with 1-1 odds only offers a 46.37% of winning, it’s because the 0 and 00 are on the board. These two numbers are the kryptonite of roulette. They are not black, nor red, they do not fall between 1-34, nor are they odd or even. Remove them from the board and you would have a 50% chance of winning. Due to the green nemesis on the board, some players will choose to play in between them on every hand. It’s an intermediate play, but if you take this approach, make sure you have integrated this strategy before you decide on how much to bankroll your roulette play.
Here are a couple of other strategies you might consider:
Betting Small for the Board – When you go to a land-side casino, you usually see what numbers have hit over the last 30 minutes to an hour. These affect how most players decide to bet, and it should for you as well. If the board happens to be one-sided with 80% red and only 20% black, you might consider betting on black for the first few hands. Even though it only pays 1-1 odds, it will give you a chance to see how the spins are going and where they might end up in the near future.
If you’re playing online, you play in a room by yourself (most of the time), so you actually have to build the numbers on the board. This means you are sucked into playing at least 10-15 spins. Just bet small in the beginning so you can see how the wheel is reacting.
Consider Betting $15 per Spin – Yes, even if the table has a $10 minimum, increase your bankroll enough to play 10 spins at $15 per spin. Now put $1 on 15 different numbers. The more numbers you play, the better your chance of cashing. After all, if you know what you’re doing and wagering $15 per, but winning $35 more than 50% of the time, you will walk away a winner. If you pick 15 numbers then you have increased your odds by 14%. Your probability of hitting one of those numbers is 42%. If you only choose 10 numbers then you will have a 28% chance of winning.
The latter is highly recommended, especially if you are looking to take a step up from basic entertainment play to a better financial decision on the intermediate level.