Martingale Strategy


What is it?


The player simply starts off with a 1x bet on red (or black). If it comes in, they win double their money and bet 1x again.

If they lose, they double their stake on red to 2x. Again, if they win on the second bet, they go down to a 1x bet on the next spin. If they lose, they then double the stake to 4x and bet on red again.

The idea is that the odds of the ball landing on the same colour decreases with every spin (the odds of it coming up black twice in a row is 23.67%, whereas the odds of it coming up red ten times in a row is 0.07%).

Therefore, as long as players continue to double their stakes, assuming the ball doesn’t land on one colour a number of times in succession, they will make profit.


Effectiveness


One downside to this strategy is that it can get very expensive very quickly. It could also be disadvantageous in terms of the house edge affecting a player’s profit, as it is likely that one would have to bet over a large number of spins.

If you’re losing 2.7% value to the house on every spin, then that will add up.


Fibonacci Strategy


What is it?


Fibonacci was a nickname given to an Italian mathematician who initially discovered a set of numbers and has since had them named after him.

His sequence adds the last two numbers in the sequence to create the next number: 1 - 1 - 2 - 3 - 5 - 8 - 13 - 21 - 34 - 55…


The idea is that a player bets based on this pattern, so as with the Martingale strategy, the stake is simply increased to the next number in the sequence every time a player loses.

If a player wins, he or she resorts back to the beginning of the sequence.


Effectiveness


The Fibonacci strategy is far less risky than the Martingale, as a few successive losses won’t result in such a sharp increase in stakes.

However, with this Fibonacci method, a player can win more spins than they lose and still not come out ahead. In contrast, if you win just one time using the Martingale strategy, you can recoup all losses.


Reactionary Strategy


What is it?


This one is for the thinkers, the mathematicians and statisticians. Pursuant to this strategy, players look at previous results and determine what is ‘most likely’ to come up based on the recent history.

For instance, if the ball has landed on red for the last ten times in a row, then they will begin to bet on black.


Effectiveness


While this method seems logical, it is in fact the least logical of them all. This is because the odds of an outcome occurring each spin is exactly the same as for any other spin.

If, hypothetically, the ball has landed on even the last 1000 times, the odds for it to land on even from the next spin will not have changed—they will always be 18/37.


Instinct strategy


What is it?


This is one strategy common among the dreamers and the fantasists. Their bets on a roulette table are completely random and unrelated to the numbers, roulette rules or any other strategy.

A player will simply pick a bet based on something that that number/colour means to them or on a hunch they have. For instance, a player might bet on their favorite number or their birthday.


Effectiveness


In terms of profit, this method rarely seems to allow for breaking even. Due to the nature of the player that places these bets (i.e., tending to bet larger on one number for one or two spins), the player will normally win big or lose their money.

Often they will put money on just one number, which obviously means that they will frequently lose; but when the number comes in, they win big.