Thursday, June 28, 2007

How to Win Roulette

Roulette Winning Strategies

Myths

In a game existing so long, involving only the random luck of numbers and a ball, many have claimed to discover a "system", a special strategy to beat roulette. During these hundreds of years, the systems were checked over and over again, mostly resulting in revealing the so-called system as just foolishness. These systems have tempting names like Fibonacci, Martingale, D'Alembert and Labouchere. The one thing they all have in common is that they are all based on increasing your bets as you lose. Most of them put their bet on the even money wagers like red or black.

The two most famous ones are Martingale and D'Alembert. In Martingale you double your wager after every loss until you finally win. Notice that when you do win, you'll only be one unit ahead. D'Alembert is only slightly different. This is a technique related to increasing one unit of wager each time you lose and cutting back a unit when you win.

No matter what the system, there is one very big problem. These systems involve risking very large sums of money while winning these kinds of bets only pays even money. In order to keep up with one of these systems the player has to have enough money to go on doubling his bet while gambling no matter how many times he loses. You can't count on a certain number of times that will then create a win and if you run out of money before that win comes you will lose a lot.

Another known "strategy" in more modern times is "biased wheels" where some flaw in the wheel itself creates an edge because the ball seems to fall in a certain "sector" more often than it should on a random basis. Alert players can in fact make an advantage out of this and so the casinos are always checking their Roulette wheels and doing all they can to prevent this from happening.




Roulette Story

After four years of saving $225,000, Jade Coal, a 39 engineer from Spain decided to take his dream to Las Vegas for the ultimate roulette spin.

Wanting to bet it all on one spin of the wheel, Jade searched Las Vegas for a casino. After turned down by a few, he was referred to Binion's Horseshoe Club in the Downtown area. The Horseshoe, although having at the time, a limit of $100,000 on red or black roulette bets agreed to accept the unconventional bet. In addition, the casino agreed to "block out" the double zero on the wheel, which does not exist in the European version of the game.

Jade chose red as his color. After the casino and the dealer agreed to a few "practice spins", he made his bet - on red. The ball landed on the red 7. He had won $220,000 - and immediately asked his winnings be placed in the casino cage. Jade also vowed never to gamble again.

It was the largest roulette bet in the 44 year history of the casino.