How To Earn Money On Roulette

• How To Earn Money Online
• How To Make Quick Money On Roulette

What You Should Know About Roulette Systems

Roulette has been around for many years, and people have developed many different strategies that have varying success. You may read about some and hear that people have made a fortune from them, and naturally think that these are the ones to go for. But don’t be fooled. A lot of those claims can’t be backed up, and even if they can it doesn’t mean you will have the same success.

I heard stories of people averaging 300-400 dollars a day playing roulette. I always thought roulette would be a good way to earn a little bit of extra cash if you truly know how to play the game but every time I play, I end up staying too long or having poor money management skills. It is like taking one step forward then taking two steps back.

• This online roulette system tries to take advantage of streaks to win money. If you lose, you keep the bet on one chip. On the other hand, if you win, a unit is raised to recover the losses. In the case of no losses and being 0, only one is bet.
• Advantages and Disadvantages of Using the Labouchere Roulette System. If you want to make money using one of the many betting systems for roulette, you will want a method which is relatively easy to use. And this is one of the very few issues we can find with the Labouchere – it does require you to write down your sequence of numbers.

So what roulette strategy should you use? Here I’m going to explain in some detail why I think the Labouchere roulette system is arguably the best and be sure to check out more information on how to use it on the Labouchere roulette system page.

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What Is The Labouchere Roulette System?

The strategy was first introduced by Henry Labouchere, a well-learned man born in London. An avid roulette player, Labouchere developed this rather complicated system using mathematical techniques, and it has become one of the more popular strategies among gamblers today. So why can it be so successful for you?

First, let’s see how it works – it uses negative progression where bets increase when you lose and when you win, you place lower wagers. It is applied only on the following outside bets – red/black, even/odd, and low/high and you can place the same bets during the entire session (for instance on odd numbers), or you can move the chips whenever you like. You also start by determining how much you wish to win during this gaming session. In theory, you need to win only a third of all spins plus two to get a profit. For instance, if you play 100 spins, you are expected to come with a profit after 35 spins (actually, the exact number is around 35.33 spins).

Perhaps the main benefit of this system is how versatile it is. After all, if I were to write about a roulette strategy that was only suitable for those with a large bankroll (the Martingale for example), it certainly wouldn’t be the best strategy for a lot of players (I’m not saying the Martingale is the best strategy for those with a large bankroll either!). With the Labouchere roulette system though, anyone can adjust how it works to suit their bankroll, their end target and how long they want to spend getting there.

Why This Roulette Strategy Is So Effective

I won’t get into too much detail here about how it works, as I have already written a detailed guide on how to use it, but I will explain briefly how it can be modified to suit you. In short, it uses some basic calculations to determine the size of your bet after each loss or win. You start by deciding on a target profit. Let’s say you have a bankroll of £100, and your target is to make a £50 profit in a relatively short period of time. Using this strategy, you should write down a sequence of numbers – their sum has to equal your target. Alternatively, you may try to reach the profit of £50 in several separate rounds.

If you are not confident in the strategy or in your luck, you might want to try a sequence like this – 0, 1, 2, 3. You can see how it may happen in a favourable round in this example:

Your profit at the end of each round (i.e. when the sequence is over) will be £6. Note how I’ve added a zero at the beginning to make the system slightly safer. For your first bet, you add the first and last number of the sequence, so your first bet will be just £3. Now if you wanted to reach your target a bit quicker, you could easily take this away, or of course, use a larger number. According to this method, you need to remove the 0 and the 3 from the sequence, in case you win. And your next bet is the sum of 1 and 2, so £3. If you lose, however, you add the lost bet to the end of the sequence, and you have 0, 1, 2, 3, 3. You can see in the following example a betting round where the number of wins and losses is equal:

But let’s say you have a larger bankroll of £500, and you want to double your money by the end of the night. Then you could change this to create a more aggressive sequence that works exactly the same way but provides a much higher return. For example, you can take the sequence 10, 20, 30. Your profit at the end of each sequence here will be £60, and with fewer numbers, you can expect to achieve that more quickly. You could make it even quicker but produce the same profit by changing the sequence to 20, 40. In the example below, you can see how £60 can be won in a short round of only 9 spins. Even though you lose more times than you win, you end up with a great profit.

So that’s one of the reasons why this system is so great, but there’s even more to it than that. There is also the fascinating statistic that you only need to win 1/3 of the spins +2 to make your profit. So out of 12 spins, you would only need 4+2=6 to make your profit. The longer this goes on, the better it sounds. For 60 spins, for example, you would only need 20+2=22 to be successful. Now, this isn’t the only system to offer this kind of statistic, but many others just aren’t as safe, or certainly can’t be made to be so safe as this one can. Or perhaps they take a long time to get you to where you want to be.

Advantages and Disadvantages of Using the Labouchere Roulette System

If you want to make money using one of the many betting systems for roulette, you will want a method which is relatively easy to use. And this is one of the very few issues we can find with the Labouchere – it does require you to write down your sequence of numbers. If you play in online casinos, this should not be a huge problem for you. However, if you prefer playing in land-based facilities, you may easily attract unwanted attention, although most casinos should allow you to use any system unless it includes the use of any technical devices.

Still, the calculations that you need to make are really simple and should not be any problem for you. You just need to stay focused and keep track of the numbers on your sheet of paper or in your mind. Another disadvantage of this system is that there is the risk of having a really long losing streak, which means that your bet will increase a lot. This is particularly risky when you are placing higher bets – you can easily waste your entire bankroll without being able to recoup. You can also reach the table limits in a relatively short amount of time.

Nevertheless, the advantages of using the Labouchere system seem to outnumber the risks and pitfalls that come with it. One of the most compelling arguments is, of course, the fact that this method can be modified, adjusted and reshaped in multiple ways so that it is suitable and reasonable enough for you to use. You can make it extremely safe by starting the sequence with several zeroes, for instance, as in 0, 0, 0, 0, 1. In this scenario, your first several bets will be £1 even if you are losing. If you are winning and need to remove the number 1 (0, 0, 0), you can simply start over and bet £1 once again.

In fact, you can change the sequence of numbers in any way you wish – a target of £6 can also be expressed as 0, 0, 2, 3, 1 or 3, 3. The simple principle you should follow is to keep the bets smaller and the sequence longer for a lower risk game. If you are willing to play more aggressively, you can start with higher stakes and short sequences of numbers. You will risk more, but the potential wins are also much more attractive and can be reached much faster.

Conclusion

In short then, the Labouchere, in my opinion, is possibly the best roulette strategy out there as it suits almost any player, whatever the goal. It is also a fantastic way to manage your money and reach your target profit. That being said, it is one of the more complicated systems out there and certainly takes some practice. Start off with a pen and paper, go through some scenarios in your head and think about what you want to achieve realistically with your budget. But with a sequence that suits you, I can definitely recommend this system.

Why wouldn’t you want to learn how to become a professional roulette player?

Seems like it would be the easiest thing in the world, right?

If that were the case, though, casinos probably wouldn’t be so eager for you to play roulette.

This post provides a definitive answer to the following question:

Can you be a professional roulette player?

You can experiment with your own roulette strategies for free online.And if you play for real money, you’re eligible for a 350% deposit bonus. WildVegasCasino.

Why the Casino Is the Ultimate Professional Roulette Player

You can be a professional roulette player if you’re the one offering the game to players — in other words, if you own a casino.

The math behind the game is set up in such a way that the house wins in the long run.

They do this by offering payouts that are lower than the odds of winning.

Here’s an example:

When you make a single-number bet in roulette and win, the house pays you 35 to 1 on your money.

If you’ve placed a $100 bet, you win $3500 when your number hits.

But the odds of winning that bet are 37 to 1.

For every 38 spins, on average, you’ll win once. And that one time you win, you’ll get 35 times your money. You’ll have lost 37 of those times.

Everyone can see that 37 – 35 = 2.

That represents the house’s mathematical edge, and you can overcome it as a player in the short run but not in the long run.

If you’re taking the other side, though — if you’re the casino — you will win in the long run.

Am I suggesting you start your own casino?

If you want a surefire way to become a professional roulette player, yes. I don’t advise breaking the law, though.

What about Your Psychic Powers? Can You Play Your Hunches?

I have a friend who’s a professional psychic. I think he honestly believes that he’s been gifted with supernatural powers.

I think he’s deluding himself and his clients.

I don’t believe that people are able to predict the future — at least not when it comes to random events.

And let’s face it, when it comes to roulette, every spin of the wheel is a random event.

Not only is it a random event, but it’s an independent random event.

That means that what happened on the previous spin has no effect on the outcome of the next spin.

You wouldn’t have to be 100% accurate to be a professional roulette player, by the way.

Here’s why:

Let’s say that you were just psychic enough to guess red or black correctly more than 55% of the time.

For every 100 spins of the wheel, you’d win 55 units and lose 45 units, meaning you’d have a profit of 10 units for every 100 spins you made.

That amounts to a 10% edge over the casino.

If you’re playing at a table where you can bet $500 per spin, you’re looking at winning an average of $50 per spin.

If you’re at a table where there are 30 spins per hour, you’d be winning an average of $1500 per hour.

My psychic friend makes $100+ per hour, but that pales in comparison to what he could win at roulette if he were only right some of the time.

You can read about the Amazing Randi’s offer to pay $1 million to anyone who can demonstrate psychic powers here.

How about Roulette Betting Systems?

The classic betting system for roulette is the Martingale system, but it’s only one of dozens (if not hundreds) of ways to try to get an edge in an unbeatable game.

These roulette betting systems all work in similar ways. You raise or lower the sizes of your bets based on what happened on the previous spin.

For example, with the Martingale system, you double the size of your bet after each loss. When you eventually win, you recoup all your previous losses and then some.

The problem with these systems is that they don’t have any effect on the probability. Think of a roulette bet as a negative number. If you add a series of negative numbers together, you’re still going to wind up with a negative number.

Doubling or quadrupling the size of those numbers doesn’t turn those numbers positive.

Roulette Dealer Signatures

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Here’s the premise behind dealer signatures in roulette:

Croupiers make the same moves repeatedly at the roulette wheel — they spin the wheel at the same rate, they spin the ball at the same rate, and they release the ball at the same time.

If you’re paying attention, you can estimate where the ball is going to land based on these factors.

That’s the idea, anyway.

Here’s another one where you don’t have to be right all the time for this to be a winning strategy. Even if you can just increase your probability of winning to 55%, you can win a fortune playing roulette.

And you can win it fast.

But how practical does this even sound?

Sure, it sounds great in theory, but the practical application is probably non-existent — at least without cheating.

I don’t see casinos stressing out about dealer signatures at the roulette table the way I see them worrying about card counters.

Still, if it’s something you want to try, good luck.

I still don’t think you can earn a living at it.

Biased Wheels

Since roulette wheels are mechanical, the parts might be defective or less than true.

Over time, they certainly deteriorate, which also interferes with their ability to provide a completely random outcome.

Once a wheel develops some kind of bias, via manufacturer error or being worn out from usage, if you know about the bias, you can predict that some numbers are going to come up more often than other numbers.

I’ve read about roulette players who have managed to find and exploit biases. These accounts seem reliable enough, too.

They all have one thing in common, though:

They all happened a long time ago.

Modern casinos change equipment out on a regular basis. Modern equipment manufacturers pay more attention to detail than they did in the past.

I’m not saying that it’s impossible to find a biased roulette wheel.

I am saying it’s harder than it used to be.

Also, getting an edge means finding a wheel with a certain minimum amount of bias.

Being relatively sure of that means you’d need to “clock” the wheel for hours — if not days — just to be sure that your results are statistically significant.

You could waste enormous amounts of time trying to find a biased roulette wheel only to never find one.

You could also spend all that time finding a biased wheel only to see it get moved to another location, Casinos move equipment around on a regular basis, and you can’t watch the roulette table 24 hours a day to make sure it’s in the same spot.

Cheating at Roulette

You could become a professional roulette cheater and possibly make a living… at least, until you got caught.

How do people cheat at a game like roulette?

I don’t recommend following any of these tactics, but I will share the ones I know about here:

The most common way of cheating is called “past posting.” That’s when you change the size of your bet after seeing the result of the spin of the wheel.

Of course, casinos know about this technique. In fact, they have specific procedures in place to prevent it.

Here’s an example of how past posting might work:

You bet $5 on a single number, and you use $1 chips (5 of them) to place this bet. The instant that you see that your number is going to win, you swap out the top $1 chip for a $5 chip.

Instead of winning 35 to 1 on a $5 bet and getting $175, you get paid off 35 to 1 on an $8 bet. That’s $280 in winnings — $100 more than you were due.

But the dealer is watching for this.

The casino also has a camera in the ceiling called “the eye in the sky.”

Don’t cheat in a casino. It’s a crime, and you’ll get caught.

Even good cheaters get caught.

And you’re probably not good at cheating, anyway.

Other Ways to Earn a Living as a Gambler

I’m 100% convinced that you cannot be a professional roulette player.

This doesn’t mean, however, that you can’t be a professional gambler.

You just need to find a better game to play — one where you can tilt the odds in your favor.

The first game I’d suggest learning to play is Texas holdem. It’s the most popular poker game in the USA right now, and it’s not going anywhere.

If you’re better at the game than your opponents, and if you have the bankroll to play at high levels, you can play poker professionally. Texas holdem is the best game to start with because there’s so much action to be had.

Other gambling games where you can get an edge include blackjack and sports betting.

Finally

So can you become a professional roulette player?

Of course not.

How To Make Quick Money On Roulette

There’s no legitimate way to beat the game.

You can win money at roulette in the short run, but if you need consistent money to live on, you should choose another game.

I recommend blackjack or poker, but you might also enjoy betting on sports.