Fundamentals of Roulette--A must read for everyone

[albalaha]

I am providing excerpts from my ebook to save my time on typing again. I hope it would help you a little.
   Ã¢â,¬Å"No one can possibly win at roulette unless he steals money from the table while the croupier isnââ,¬â,,¢t lookingââ,¬Â- Albert Einstein
Mr. Einstein never knew that his only method of winning roulette will fail in 21st century when people are playing online with live dealers and there are no chips to steal from or even in brick-mortar casinos that can not be done because of ââ,¬Å"eyes in the skyââ,¬Â-the CCTV all around the casino.


   Welcome all roulette players. Beware of scammers who sell fake systems and make you lose your bankroll. Most of them are frustrated gamblers who could not win consistently and wrote a system copying othersââ,¬â,,¢, which is based upon progressions, averages, probability, law of third, law of equal distributions etc. I have seen one system of progression on black/red or dozens when such color or dozen does not appear for 5 times, start betting on it. This is not a system but a trap. Every author will say a single number or color can not stop coming itself for more than 14/16 times, but this is not the reality. There is absolutely no bar on how many times a color/dozen may not turn up. If you will follow such systems then after some initial wins you are bound to lose your bankroll. This system is being sold in market with more than 50 names and authors. In fact, this system has been written by Casino managements and their clever affiliates to earn money and to make player deposit money again and again. Never ever even try a system which guides you to join a particular casino by providing affiliate links.
                       Before explaining my system I should warn you about these hazards and principles of playing roulette:-

1.   Do not ever try to bet more than 1/3rd of your bankroll and if you win this much in a session, think this your best day and stop playing that day. Similarly, if you lose this much, stop playing for that day.


2.   You must have a bankroll of at least 500 units; bigger is better. If you are having small bankroll, play with smaller stakes in online casinos and do not cross your limits.


3.   Play in respected casinos only, having a nice long term standing in the market and prompt payment schedule. Always see that whether they have live chat facility or not and a good email support or not. Prior to joining any casino try to read all rules and conditions or to have a chat and clarify regarding payment schedule, deposit and withdrawal minimum and maximum, payment processors and country restrictions etc. While playing in a brick-mortar casino try to get into one which has maximum number of roulette tables.


4.   Online roulette players should not take any deposit bonus which asks for wagering requirements on slots etc. They will eat your game bankroll, slots are blind games and serious gamblers never play slots. A bonus even asking for wagering of more than 10 X on roulette should be avoided. I have heard Vegas towers casino is providing 100% deposit bonus on roulette without wagering requirements up to $50. Such bonuses should be taken after reading all bonus terms and conditions.


5.   Free spin facility should be there for playing roulette online. If not, then place one chip on red and other on black to make free spins. In such case, you should better play with smaller stake because if 0 appears at the moment you will lose 2 units for nothing. I play with low roller roulette casino where I place only 1 cent on black and 1 cent of red to generate numbers, thereby risking only 2 cents each time if zero ever appears. Whenever I say make free spins, it should be treated as above. Live casino players have no problem in seeing what happened just before, because they can see winning numbers in Marquee.


6.   Always play with European roulette for the obvious lower house edge with compare to American roulette. If you happen to get a no zero wheel, it is even better.


7.   Always keep a writing pad and pen/pencil with you and write down your bets and results. Better keep a diary. This will help you review your game in future sessions. Write down name of casino and time, date etc.


8.   Remember my basic principal: ââ,¬Å"What is right by probability is wrong by randomââ,¬Â, be it live casino or online. I mean to say if you have seen five blacks in a row do not ever think that its time for red to come because an RNG or live casino wheel and ball do not have eyes and a single number appears, not any color/row/dozen/even/odd/hi/low etc, out of any spin.


9.   Do not ever chase any number/color/dozen etc which did not turn up yet or turned up long time ago (such numbers are called sleepers) in that particular session because these sleeping numbers may take very long to appear, long enough to wipe your bankroll. Do not ever bet on sleeper, I myself experienced a sleeper 0 which did not turn up even after 150 spins. Always play with a strategy and plan and never try your luck by random games, this way you will definitely lose in long run.


10.   Always keep in mind that any system, whatsoever, loses sometimes, hence loss recovery ratio has to be kept in mind before using any system/strategy. A good system should recover its losses within a maximum of ten wins and chances of winning should be higher than at least 95% in any possible game. In a nutshell, a good system means a system which loses less and wins more consistently.

11.   My system has techniques for brick-mortar casinos or online roulette with live dealers as well as for RNG, so I would advise you to play there after testing my system on various outcomes.

12.   Never ever play risky and aggressive progressions even on even money bets where you have about 48% chances of winning like Martingale, because you will earn $1 for each winning risking $127 (1+2+4+8+16+32+64), if you lose only once after 127 wins you would earn a Zero and if you lose more times, just imagine your loss.


13.   There is a very big problem with most online casinos. Server problem. If gaming server goes down while playing roulette, you can suffer an irreparable loss since roulette is a game of staking and continuity and each spin can not be played in isolation of each other as slots.

14.   Do not be a compulsive gambler. Play in your free times for fun and small earnings. Do not ever try to become a professional. Do not risk the money into any sort of gambling which you can not afford to lose. There are many instances when this pastime becomes an addiction and even after winning a nice amount a player does not leave casino till he loses all.

15.   Avoid alcohol and heavy meals while playing live or online because it would slow down your analytical capacity.

[albalaha]

would anybody wanna add up any other important issue?

[VLS]

Hello dear Albalaha, I would like to point out my voice on this:

You must have a bankroll of at least 500 units; bigger is better.

As a LIFETIME bank, the larger the stack of units in reserve the better; but as a session bank, the smaller the bank required to reach your win goal, the better (in my humble opinion).

Along the years I have learned there are two approaches to casino gambling:

1) Bring the largest bank you can afford with the most clever betting scheme, and hope to never lose it all.

2) Play micro-cicles and aim to beat the averages. Smaller banks also means a defeat is not conclusive. We can have human errors, and a single human error with a large bank can cost it all, a single error in a cycles game can only ruin it: the cycle, without more consequences beyond that.



Mastering the art of losing the least is the first step in the path to winning the most.

Meditate on that.
Victor

[albalaha]

Dear Victor,
                 There can be many approaches to play this game. The positive amount that one is supposed to win can not be more than 1/3rd of someone's playing bankroll per session in my opinion. I advise people to get away after winning or losing this much. If after spending on travelling, entry fee and spending a few hours in any casino a player do not even win even 150-200 units what is the use of playing? Even if you play online with say 10 cents as unit don't you think $50 should be the minimum that one should have? I am not saying stake all at once but you should keep this much.

[VLS]

Hello dear Albalaha,

Manrique and other spanish-speaking players advice 20 session banks.

Perhaps they want to make sure one has covered a very large possibility for a bad start, but if your method is solid, you shouldn't need to start with -say- more than 10 session banks as "cushion".

Of course, this varies with the method. I'm strictly talking about focused cycles' play and playing the averages game.

Regards.

[albalaha]

Victor I do agree with you but requirements of bankroll may differ from one method to another. I suggest mild progressions as an ultimate tool to defeat the house edge in long go. You can understand that you do not get what you are betting upon even upto break even point. Progressions have to be used in most of the cases. Say, if I suggest a single number method/system then it may take long time to appear and it may not even appear upto break even point then we need to use progressions. If someone enters in a casino and buy 500 chips he might not need to use even 10% of it or as I suggest a maximum of 33% of bankroll which is  about 170 chips only. Don't you think this much winning is the minimum one should play for. I tell all to leave the casino when you enter with 500 units and you despite playing with a technique lost 170 units.

[Anima-t3d]

I found this on the internet concerning bankrolls and roulette:
link:://rouletteprobabilitiescalculator.com/bankroll-management.htm

[VLS]

Victor I do agree with you but requirements of bankroll may differ from one method to another.

Yes Albalaha, In reality a method that "wins more that it loses" in the long run, could be down a million units and then "in the long run" spring back ahead... but personally I still prefer systems that do not go too deep into the player's pocket.

Ideally, 10 session banks for a start.

I'm just pointing out my personal preference, your advices keep being 100% valid and of course have merit.

Regards.

[albalaha]

Dear animated,
               thanks for your input
Dear Victor,
                 your line of thinking is great but I would still say you should have optimum units if you want to earn a good sum, may be you do not need to bet all of it ever.

[GLC]

Dear Albalaha,

I appreciate your beginning post.  I tend to agree with your attitude that you have to be able to win enough to make the effort worthwhile or what's the point.  There must be enough of a risk to keep yourself focused.  If playing for too little money, we tend to lose concentration because a mistake now and then doesn't cost us that much so who cares.  It's the difference between playing for $0.10 units or $100 units.  We tend to get very focused when playing for $100 units.

I have been trying to incorporate Victor's perspective also because it seems to be more sure over the long run.  You can still play for large units, you just have to have more back-up units and shoot to win a smaller percentage at a time.  This also helps take some of the pressure off when playing because you know that you have a large bank to support your play in the case of a long and severe losing streak.  Or multiple losing streaks.

No matter your perspective, solid rules for good gambling fundamentals are good info for everyone.

George

[albalaha]

Dear George,
       thanks for your inputs. I personally invited you to be a part of my discussions. I still say a 500 units bankroll is safe for all kinds of betting on roulette.