consultancy for my betting strategy - Live Roulette

[anaramee]

Hello everybody,

I am a newbie gambler on live casinos. Mainly I bet on the Speed Roulette or Lightning Roulette online. I would like to know your opinions about the strategy of betting on the last shown color. If you look at the history of the last 500 Numbers you see that the colors black and red are repeated many times. Of course it is always expected to see a red then a black number appears for not a short run then comes the 0 green.

If we took this into consideration and followed the next strategy: I log in and see the last number's color. Then I bet on the same color. If I lose then I wait untill the next color hit again and bet on the same color.  so if the chain was like the following: black (then bet and lost then wait) black black black black (still waiting) black black red (here I bet again on the red color with a doubled amount) and so on.

I would like to hear your thoughts and tips please.

Your faithfully,

Ramee