1. Make A Living Off Roulette Meaning
2. Make A Living Off Roulette Online
3. Make A Living Off Roulette Free
4. Can You Make A Living Off Online Roulette

The most popular bets on the roulette table are Red and Black, this is especially the case in online casinos. Our list of roulette strategies is quite long so what we’re going to do here is list all of the different systems that are aimed towards Red and Black betting. It’s important to remember that Red and Black have exactly the same odds as Odd/Even and 1-18/19-36 so all of these systems can be used for those bets as well.

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The Martingale – This is the most common system that players use. All you do is bet on a colour and then when you lose, you double your next bet. You repeat this process over and over until you get a win. Once you get a win, your overall profit will be whatever bet you started out with. This is one of the riskiest roulette strategies that you can use. Side note – this is a system that can be used all over the roulette table, not just red and black. It is red and black where it is most commonly used though.

Reverse Martingale – This is the exact opposite to the system above. It’s know as the Reverse Martingale or the Paroli. Instead of increasing your bets after a loss, you increase them after a win. The hope is that you will get a long streak of the colour that you’re betting on and take a big win.

The D’Alembert – This is a steady little strategy that shows better results than flat betting when you get as many wins as losses. As far as roulette strategies go, this is one of the safest. This is a system that can only be used on even chance bets.

Reverse D’Alembert – This is the opposite to the strategy above. The downside to this system is that it requires more wins than losses to be successful.

The Fibonacci – This is a strategy that involves you increasing your bets after a loss like the Martingale but it’s safer and it’s more steady. Patience and discipline is required with this system.

Reverse Fibonacci – This is the opposite to the strategy above. As with all “reverse” systems, you need to go on am extended winning run to get a profit.

Make A Living Off Roulette Meaning

The Labouchere – This is a strategy that will take a bit of practice to get used to. It’s another steady system that is safer than the Martingale and the maths adds up nicely when you use it properly. As with all systems though, a losing run can send your bets too high.

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Hollandish Strategy – This is a slow progressive system where you go through “stages” and each stage has 3 bets.

Oscar’s Grind – This is a very similar system to the D’Alembert. You increase your bets after a win and keep them the same after a loss. A slow system that attempts to grind out wins, hence the name.

Whittaker Strategy – This system is almost identical to the Fibonacci. The only real difference is the name.

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The first step to becoming a professional gambler is learning enough about probability to get an edge when betting. Casinos stay in business because they have a mathematical edge over most players. Your goal as a professional gambler is to only bet when you have anedge.

But how do you know if you have an edge or not?

You have to be able to do the math.

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Luckily, it’s not hard.

Probability is just a mathematical way of looking at how likely certain events are. A probability of an event occurring is always a number between 0 and 1. If an event has a probability of 0, itwill never happen. If it has a probability of 1, then it will always happen.

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You flip a coin. You want to know the probability that it will land on heads.

You determine that by dividing the number of ways you can achieve the result you’re solving for by all possible results. When flipping a coin, you only have one way of getting heads. You alsohave two possible results—heads or tails. So your probability of getting heads is 0.5.

That probability can be expressed as a fraction or a percentage, too. 0.5 is the same thing as ½, and it’s also the same thing as 50%.

When you bet on a particular event, you can compare the probability of winning that bet with how much you risk versus how much you stand to win in order to determine the expected value of thatwager. For most casino games, your expected value on each bet is negative—the casino has an edge over you.

You bet on a single number at the roulette table. The probability that you’ll win that bet is 1/38. If you do win, you get paid off at 35 to 1 odds.

One other way to express a probability is in odds format. That’s a comparison of how many ways you can fail versus how many ways you can succeed. Since a roulette wheel has 38 numbers, youhave 37 ways to lose and only 1 way to win. That means your odds of winning are 37 to 1.

If you got paid off at 37 to 1, you’d have an edge of 0, and so would the house. If you could get paid off at 38 to 1, you’d have an edge over the casino. But you only get paid off at 35 to1, so the house has an edge over you.

In all those cases, your probability of winning is low, but if you get paid off enough money, even a low probability bet gives you an edge over the house.

Here’s why:

Suppose you play 38 spins of the wheel. You’re betting $1 on every spin. If you get results that mimic the mathematical probability, you’ll lose $37 and win $35. You lost $1 on 37 spins, and youwon $35 on one spin. That means your expectation is -$2 over 38 bets.

You can divide that expectation by the number of bets to get an amount you expect to lose on average per bet. In this case, your expected loss per bet is $0.0526. You can express that as apercentage if you like, and in this case, that percentage is 5.26%.

Your goal as a professional gambler is to only place wagers where you have an edge. Since your statistical results over a large number of trials should near the mathematical expectation, you canexpect a profit if you play long enough.

That’s the math that works for the casino, and that math can work for you as well.