Tip #1 : Want to risk relatively little money on a chance to cash in big?
How does a 35 to 1 payoff sound to you? This strategy uses straight-up inside bets that payoff at 35 to 1 if your number is rolled. Most Internet casinos offer $1 chips and $5 minimum inside bets and this is a good place to start. First, choose five favorite numbers. Place a $1 chip on each of them. Repeat that same bet until you win. (you have enough chips for 8 rolls). When you hit, you'll win 35 chips. Now, divide those 35 chips over your five numbers, seven on each number. If you hit again, the payoff will be 35 x 7 = $245!
At this point, you can do one of two things:
1. You could quit, take the money and run.
2. Or you could put 20 chips on each of your five numbers. This bet will cost you $100 but you could collect $700 if one number hits. If it doesn't hit, you still have $145 in your pocket from the previous bet. It all depends on how lucky you're feeling!
Tip #2 : BREAKING THE MYTH
Some players believe the key to winning is betting a progression. A progression is simply doubling your bets when you lose to try and recoup your losses. This is a losing strategy.
For example, say you wanted to play roulette at a $5 minimum bet table using a progression. You lose your $5 first bet, so you bet $10. If you lose again, you bet $20 and so on. Let's say you finally win at the $40 dollar level. You have already lost three progressive bets totaling $35, so you have made $5 overall.
Casinos know this system and take a simple precaution. They put a maximum bet limit, which can be anywhere from $25 to $15,000 per hand. If you hit a losing streak while betting a progression, and bump against the maximum, you will not be able to automatically recoup your losses by doubling your bet again if your doubled bet would be larger than the maximum bet accepted. This makes progression betting a long run loser.
Betting a progression system will cost you money in the long run. There is no way to alter the odds of a game simply by changing your bet size.
Tip #3 : Does the house edge really matter?
Which is a better wager - betting on number 27 at roulette with a house edge of 5.26% or betting a horse to win with a house edge of almost 20%? Actually, the horse race might be the better choice. Here's why.
With roulette, you're dealing with an independent trial. Every spin of the wheel brings up a nearly completely random outcome. Since every number on the wheel has an equal chance of hitting each time, there's almost no way to accurately predict the outcome of the next spin.
That is not the case with horses. First, horses are not equal. Some are better than others and you can make predictions accordingly. Second, you choose to bet when you feel you have the best chance to win. You don't have to bet every race. If you can't see a favorite in a race, just skip that race. Bet only on those races where you feel you have a clear advantage. If you do that, then beating the track may become easier than beating the wheel.
Tip #4 : Landing Roulette Singles
Record 15 spins of a roulette wheel. If any single number wins more than once, bet this number to appear again. Stop as soon as the number hits or when you have lost on 23 spins of the wheel.
If you go 23 spins, then you obviously lose 23 times your stake. However, if your number comes up (and since it's already come up at least twice this is by no means unlikely) then you will make a good profit.
This isn't a system for high rollers, but to minimum stakes, it can be extremely profitable and easy to operate.
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