High Stakes Roulette and Strategies

There are a number of strategies and tips which can be taken into account when playing high stakes roulette in order to maximise your chances of winning or indeed limit your losses and make your bankroll stretch further.

For starters, always keep in mind that roulette is primarily a game of chance which does not involve any element of player skill or ability to enter into the equation like other casino games such as blackjack do. This means that when playing roulette for high limits you are still unable to influence the results and are dependent upon luck in order to see the ball land on a number of the roulette wheel which translates into a payout for you. The odds of winning in roulette will not be higher or lower according to how much you wager as the ball will not be swayed by emotions as might be the case when playing poker for example where you are playing against a human opponent who may not wish to take the risk of losing a lot of money. Whether you are staking one pound or a million, the probability of success or otherwise will still be exactly the same.

Another issue to keep in mind when playing roulette is that unlike games such as blackjack where the previous actions can have a direct influence upon the newxt action (in this case a card being drawn and then not being able to be drawn again until the shoe change), in roulette the past results of the roulette wheel spins have no impact upon the future outcomes. Many roulette players will have favourite numbers or believe they have a system which includes certain numbers. When these have not come up for a while they believe that they must be 'due' to come up soon and so keep placing bets on these numbers waiting for the ball to land on them. Unfortunately because the past results have no bearing upon future results of the roulette wheel, each number has the exact same probability of occuring with each and every new spin of the wheel. For this reason, consistantly betting on a specific number because of past results when there is no bias to the wheel has been the reason behind many roulette players online and in casinos all over the world for losing a lot of money in a relatively short space of time.

Placing even money bets such as red or black, odd or even etc is often more preferable to those playing roulette for high stakes than wagering a large amount of money on a single number. This is because the odds of the ball landing upon that particular number are so low that although the payout will be extremely high if it were to come up, the chances are the player will have just lost a large amount of their cash on that single spin, which is why betting high on single numbers is often best avoided. Of course though this is the essence of gambling, the high risk but high reward available.

As in all casino games, the higher a player wagers the greater the potential payout if they are fortunate enough to win. This is certainly true when playing high stakes roulette as not only will the amount of your wager be a determining factor in the level of your payoff, but so too will be the odds of the type of bet you place on the roulette table.

The paragraphs below look at two of the most common roulette betting scenarios for both high rollers and those playing low stakes roulette:

Stick it all on red

The best odds on the roulette table are also the simplest. These take the form of red or black, and odd or even. Not only are they attractive for beginners or novice players who have not acquainted themselves with the various more complicated roulette betting types such as a street or line, but they also provide the best chance of winning in that barring the ball landing on 0 or 00 (if playing with an American wheel) the winning number will be one or the other.

This high chance of success does however come with the drawback of being the lowest payout. These bets pay 1:1, otherwise known as evens, which means if you win you will double your money by having your original stake returned and receiving winnings of the same amount. Many gamblers will view this as quite a good return for such a short period of time, with many stock market investors wondering why they wait months or even years to double their money when they could have otherwise put it all on red or black at the roulette table and got an instant result! It can be particularly lucrative for those playing for high stakes in the casino as a bet on red of say £10,000 can earn them an instant profit of £10,000 if they win, although they could lose it if lady luck was not smiling upon them for that particular spin and the result was black or one of the zero numbers.

The all or nothing

No matter if you're playing in an online casino, a bricks-and-mortar casino or are enjoying watching the action in a live dealer casino unfolding before your very eyes, just about every player gravitates towards the high risk high reward strategy. In roulette, the highest rewards come with the lowest probability, which is choosing the right number bang on the nose. If you are lucky enough to guess correctly, the payout ratio is 35:1, which means you receive your original stake back plus 35 times the amount. If you are playing for high stakes, this can be a serious amount of money, for that same £10,000 bet on the winning number would see your £10,000 returned, along with a colossal £350,000 in winnings!

The question of whether systems and strategies are of any use is one which rages amongst high stakes roulette players as well as those playing for low limits. Whilst some will swear by their way of playing and will not deviate from it, there are others who are of the opinion that where the ball lands on a roulette wheel is entirely random and independent of any previous goings on, so in fact any way of predicting the outcome is totally useless.

Should High Stakes Roulette Players Use Systems?

This is one of those questions in which different players will have contrasting opinions, but that it would not be right for a person to try and tell another roulette player what to do or how to play the game of roulette. Whilst roulette results are independent of each other and are not influenced by previous outcomes unlike a casino game such as blackjack where the previous cards used up affect the outcome of the next ones, this does of course assume that there is no unintentional bias in the roulette wheel itself. Of course this will not be an issue when playing in a reputable online casino where the results are generated randomly by the computer, but even so many players will still rely upon systems to help them try and win at online roulette.

The Dangers of Systems in High Limit Roulette

If the position is taken that betting systems are ineffectual for improving the odds of winning at roulette, then it is true that some can also be extremely damaging to a player's bankroll when playing roulette for large amounts. For example, the Martingale roulette system where a player doubles their wager after each losing spin of the wheel can soon completely wipe out a player's blankroll and use up all of the money they had for their casino session if they get a run of losing spins after starting with a large bet, as they will be forced to keep doubling this already large amount, soon reaching a point where the amount is far in excess of the bet size with which they feel comfortable about losing. In this situation, gambling is no longer an enjoyable pastime.

So whether playing high or low stakes roulette, but particularly high stakes, systems and strategies can not only be ineffectual in their intended purpose of being successful at winning money from the roulette table, but can actually achieve the opposite effect by being extremely damaging to a player's wealth and bankroll.

We have already seen earlier in this article that systems and strategies are of little use when it comes to successfully predicting the outcome of where the ball will land on a spin of the roulette wheel, and can in fact be damaging to both the finances and the enjoyment of a casino patron. But are their any strategies with regards to roulette that will improve the chances of winning real money?

Unfortunately the game of roulette is one of the worst casino games which a person can play if they want to actually walk away with more money than they started with. This is due to the hefty house edge which the casino enjoys in comparison to other games such as blackjack and video poker. Not only is it a large advantage in a game of European roulette, but is even bigger in the American version, more information on which can be found in the page entitled "Play the European Version when Playing High Stakes Roulette".

This is not to say that people never win money at roulette; far from it. They do, for if nobody ever won then nobody would ever play the game; just that statistically over the long run a player will nearly always end up giving more money into the casino's coffers than they win from them, which is why professional gamblers generally steer clear of roulette when they rely upon income generated from their casino playing activities.

Why Higher Probability Bets are Better than Systems

Despite how much you enjoy playing roulette, the reality is that if you are in a real casino or an online casino to win money then it may be wise to give the roulette table a wide berth and play a game like blackjack where the odds are more in your favour when played according to a specific strategy. Relying on strategy for a game of pure chance like roulette is far from an effective tactic.

That said, if you do play roulette, a better strategy for managing your money more effectively, even if this means simply making it last longer for the night, is to wager it on outcomes which have a higher probability of occurring, such as an odd/even bet or red/black. Whilst the payout return may be far from spectacular, you stand more chance of retaining your money and hopefully coming out a little bit ahead than you would do if you constantly chased after the low probability but high reward betting options such as the single spot numbers.

Who knows though, you may get lucky, and if you are interested in high stakes gambling then chances are you like to take a risk or two. After all, that is the very essence of gambling: taking a risk for the potential reward. This should always still be within your financial means to absorb any losses though.

For those players who do fancy trying out a roulette betting system, some of the main ones are described below:

Martingale Betting System

The Martingale system is the most common betting system popular because of its simplicity. This roulette strategy is used for playing on outside bets and can offer small payouts despite the maximum winning odds. The main premise of the betting system is to double your bet after every loss and keep doubling until you win. The Martingale system is based on the idea that even if you are losing, you will win at some point.

The system is effective for even money bets like roulette red/black. If you lose an even bet, the system requires you to double your next bet. When you finally win, you will be slightly ahead. Even though the Martingale betting system is risky, it works well for some.

Example of Using the Betting System

You wager £2.00 and lose, your next wager should be £4.00

You lose £4.00, your next wager is £8.00

You lose, the next bet is £16.00

You wager £16.00 and win

After winning, you can revert to the base bet. You can set the base set as low or high as you please, depending on your budget. However, a high number makes it easy to surpass the betting limit before recovering your losses.

Debunking the Martingale System

Even though the betting system sounds good in theory, it isn't always a good option. It is impossible to tell when your losing streak will end or that it could end at all. It could go on forever. In a roulette situation, there are lots of factors that influence the game. Due to the house advantage, the odds will always be against you. If you depend on the betting system, you may incur huge losses in the long run.

The biggest problem of this betting system is that it doesn’t do anything to change the odds. The house has an advantage that you can never beat.

The Martingale system is only effective for players that have unlimited funds and is inappropriate for regular players who are unwilling to bet without a budget. The doubling effect will quickly eat into your bankroll no matter how big it is.

It's impossible to estimate the number of bets you have to lose before winning and common to have a losing streak that doesn’t seem to end.

There is no evidence to support claims that the Martingale system is a strategy to make quick money. Even though it is a popular system, people don’t make that much money in casinos, and casinos continue to operate normally. If the system actually worked as claimed, casinos would incur huge losses and stop gamblers from using the system.

The chances of winning with the Martingale strategy are below 50% on even money bets. You can easily surpass the betting limit without recovering your losses. The Martingale strategy doesn’t deliver the perfect get-out scenario that it promises.

Does the System Work?

The Martingale betting system can work if you know when to stop. Use it as a way of testing your luck rather than as a long-term betting strategy. Do not think of it as a sure way of making money. Bad luck happens to anyone and it happens more often than you may think. Using the Martingale strategy as your only option could lead to significant losses.

Is the Martingale Strategy Illegal?

Contrary to what many roulette players think, the Martingale strategy is not illegal. It is allowed in both online and brick-and-mortar casinos. Casinos don’t make any significant losses from the strategy. In fact, they make lots of money off the players who implement this strategy and either run out of funds or reach the maximum bet limit for the table.

The Grand Martingale System

Over time, the Martingale system has been adapted to suit different scenarios. The Grand Martingale system is a variation where you double your bet and add the base bet after every loss. The goal is to recover your losses faster than with the traditional Martingale system.

The casino can be an intimidating place even for the most seasoned players. Many players like to experiment with strategies that may minimise losses and maximise profits. The Martingale strategy is one of them. Like other betting strategies, it is not a sure-fire way to make big wins. However, if you know when to stop, the strategy can be a good way to make money.

Paroli Betting System

The Paroli betting system is a positive progression betting system. It has been used by players for more than 100 years. It is about doubling your wager every time you win until you get three consecutive wins.

The strategy is based on the premise that all players have winning and losing streaks. If a player is on a winning streak, they can maximise their profits by doubling their wager. It ensures that the wager never risks more than one unit of their bankroll. You don’t need to have a big bankroll to implement the Paroli betting system since losses won’t be huge.

How Does It Work?

The Paroli system is fairly easy to understand and implement. It is based on three main rules:

You have to choose a starting stake.

The starting stake remains fixed throughout your time at the table.

Your bets should be placed on even money outcomes.

The base stake is what you start with. Usually, players pick a small amount that they can afford. If the bet is lost, you have to repeat the same stake, and repeat the same after every loss. You can’t change the base amount, no matter how many times you lose. If you win, you can start doubling up your wager. Do this until you win three consecutive times. After the third win, you can go back to the start. The reasoning behind it is that you are unlikely to get more than three consecutive wins. It encourages players to take advantage of short winning streaks.

Benefits of the Paroli System

The biggest advantage of the Paroli System is that it makes it easy to get the most out of your winning streak.

It is a lot less risky than other positive progression betting systems, such as the Martingale system. It is a suitable option for rookies and players who may be unwilling to risk a big bankroll.

With the Paroli system, you are unlikely to record huge losses. The base stake is a small amount so a losing streak is unlikely to cause major losses.

The Paroli system is very simple. Anyone can learn and implement it. You don’t need to write anything down and it can be a suitable alternative to complex gambling systems.

Disadvantages of the Paroli System

Even though the Paroli system has lots of advantages, it isn’t perfect. Some of its disadvantages are:

You can only get a profit if you get regular wins. It is impossible to make any significant profits unless you get three consecutive wins.

The profits are small.

The Paroli system is largely dependent on luck. Roulette is unpredictable and the system is dependent on streaks.

Playing the system exclusively can be risky. It is only successful if the game streaks in your favour.

Since the house has an edge, the probability of a loss is higher than the probability of a win.

The Paroli system isn’t appropriate for long-term winning. The wins are not consistent and they can be very small. The Paroli system is not appropriate for long-term winnings since you are unlikely to make much profit.

The Paroli system has no way of turning the odds in your favour. It doesn’t affect the result of a spin and does not influence the house edge. In even-money bets, the chances of winning are slightly lower than the chances of losing.

You can win one or two times. If you lose on the third bet, the system forces you to go back and start over with the initial betting unit.

Is the Paroli Betting System Worth It?

Even though the Paroli betting system has a few flaws, it can be worth it and it can be helpful for novice players. Since you can’t incur major loses, you get the chance to learn the game without having to spend too much money.

However, you shouldn’t depend on it as your primary or only betting strategy. Every spin is independent, so the Paroli betting system can be risky. It can be unrealistic to hope that you will land three consecutive wins to get a profit.

In the end, the Paroli system can be beneficial for both new and experienced players. It is popular because of its simplicity and effectiveness. It doesn’t guarantee a win, but in all fairness, no betting system does.

Oscar Grind Betting System

The Oscar Grind betting system became popular because of Allan Wilson. It was popularised in the 1960s. The betting system divides a bet into units and sessions. Each session starts with a bet of one unit and ends after achieving a profit. If, for example, your unit is worth £200, each one of your sessions must start with a bet of £200. It ends when you make a profit of the same value.

The Strategy

With this strategy, it is only possible to be successful with events that have odds of at least 2.0. At the start, the bettor must come up with the unit to stake. This is a crucial part of the betting process. The initial bankroll is equally important.

With the strategy, the main focus is to get a profit after every betting cycle. If there is a loss, you don’t increase the size of your next bet. In case of a win, you can only increase it by one unit.

Here is an example of how to use the strategy:

If your initial bankroll is £100 and the unit stake is £10, your results after ten bet circles with odds of 2.0 will be as follows:

For the first bet, a £10 loss would yield a balance of £90.

In the second bet, a £10 loss would result in an £80 balance.

If you win £10 in the third bet, the balance goes up to £90.

For the fourth bet, a £20 win yields a balance of £110.

After the 10th bet, the balance is likely to be much more. The bet ends when you win £100 and make a profit of £90. After the ten bets, you may go back to the original unit stake or increase it slightly. The main secret when playing with the Oscar Grind strategy is to keep your wagers so small that you can get back on your feet after a bad turn. It is appropriate for even-money wagers.

If you lose your bet, the betting strategy suggests that you keep betting one unit until you win, and then, you have to double the wager.

Wagers always start at one unit and only increase when there has been a loss followed by a win. In such instances, the wager will increase by two. It stays the same until you make a profit, at which point it goes back to one. If a win is followed by a succession of losses, it goes up to three. The objective is to make a one-unit profit with every string of wagers.

The Pros and Cons of the Oscar Grind Betting Strategy

Cons:

The main disadvantage of this strategy is that if you make lots of wrong moves, you will destroy your payroll quickly. Although they are small bets, they can lead to huge losses.

Another problem is that the wins accumulate very slowly. Players who want some action may not be happy about it. It can get difficult to track wins and losses.

It isn’t as profitable as other game systems. However, this also means that the losses are minimal.

As stated in the name, the system is a grind from the beginning to the end. The stakes are reset every time a profit is made. Even though it allows you to stay in the game, it is very difficult to get big wins.

Pros:

On the Oscar Grind system, the game is divided into a few cycles. After each one, the stake unit is taken back to the initial value. Alternatively, it may be increased slightly. It is, therefore, difficult to surpass the stake limits of bookmakers.

It is not as risky as other betting systems. There is a decent chance of being successful. With each loss, you keep the stake amount at the same level instead of increasing it.

Oscar Grind Conclusion

In conclusion, it is possible to get lots of profits with the Oscar Grind strategy. However, it isn’t perfect. It involves certain risks and it is possible to make losses. A big part of it depends on luck. Although the Oscar Grind system is effective, it is not enough. You still need to learn how to bet responsibly. If you aren’t having a great day, it is best to stop and try playing again the next day.

1-3-2-6 Betting System

The 1-3-2-6 system is a strategy used by casino players all over the world to try and beat bookies. To use this system you strategically increase your stakes during wagering but only when you are still winning and decrease your stake when you start to lose.

How to Use the 1-3-2-6 Betting System in High Limit Online Blackjack

To understand the 1-3-2-6 betting system further, high limit blackjack is a good place to start.

The first thing you need to understand is that betting is still a game of luck; this strategy only gives you a chance to break even when things don’t go as planned. Let’s delve into the strategy.

1) Choose a stake to represent 1 unit.

To start, you need to decide on the amount to stake. Remember that you want to bet on a high limit blackjack game to increase your profit. The amount you choose will represent one unit. Let’s see a scenario in which you would settle on using £20 to represent 1 unit.

2) Apply the 1-3-2-6 system.

Having chosen £20 as your unit, the 1-3-2-6 betting system comes into play. The idea is to increase your stakes according to the sequence when you win and decrease your stake to 1 unit when you lose.

First scenario:

The mathematics involved is simple; just multiply the unit (£20) by the numbers that represent the system, which are 1,3,2, and 6. This would mean that the initial bet would be £20 (20 x 1), and then £60 (20 x 3), and so on. You only progress to the next bet if you win the previous bet. In this scenario, if you win all four bets, your total would amount to £240 (20 + 60 + 40 + 120). The next bet starts over from 1.

Second scenario:

When you start with (1 x 20) and you lose then you revert back to 1 again. If you win, you continue with the sequence [1-3-2-6]. What you need to do is always start from 1 whenever you lose; it doesn't matter whether you have won 3 times or twice.

How to use 1-3-2-6 for High Limit Roulette

Playing high stakes roulette is a risk but could be a way of making a calculated risk that offers you a better chance of not losing too much money. With roulette, we are going to stick with our sample unit amount of £20. You spin the wheel after you place a chip on red.

Winning all spins scenario:

If you win 4 times, then your profit would be the same 240 we got while using blackjack and the cost of each bet would amount to (20 x 4), which is £80. This would mean that you have made a huge profit of (240-80) which equals £160. Don’t get too excited because this scenario is quite unlikely. Let's use a random scenario and see.

Random roulette game scenario:

Keep in mind the system series is [1-3-2-6].

The first spin goes wrong. You make another spin but stick with 1 as you place your chip on red again.

You win and now you have made -£20 (1 x 20). This cancels your previous loss and now you are back to 0 profit.

Since you won, you move to 3, which is the next in the series. You place a 3-unit bet on red. Your ball lands on 24 black, which means you have lost another £20.

Now you have to make the fourth bet, so you spin and place a bet on red. The ball falls on red, which means you have now broken even again. Now you are at 0 losses but no profit gained.

Luckily, you win your next spin, which is a 3-unit bet, meaning you have made (3 x 20) £60.

Calculate the loss or win:

Let’s find out if you made a loss or profit.

The total amount of bets (5 x 20) is £100.

Total wins are one after breaking even twice: £60.

Therefore, 60-100 is a loss of -£40.

Conclusion

This is a bad loss but you can continue playing to break even and then quit playing the game. Go home and try it out another time.

D’alembert betting system

The D’alembert betting system is said to work most of the time. It is a binary strategy, which means it is appropriate for bets with only two outcomes. It is a great option for playing high stakes roulette.

The D’alembert betting system is one of the simplest and most popular systems. Some of its features are similar to the Martingale system. It is a negative progression betting system which means that you have to increase the stake size after every lost bet and decrease it after every win.

With the D’alembert betting system, the stakes increase slowly so it is unlikely that your stakes will get too high. Unfortunately, this also means that losses are recovered slowly and it's easy to incur a loss.

How the System is Used

The betting system is commonly used on roulette. It works on the theory that there should be an equilibrium with even money bets. It assumes that the number of even bets you win will be roughly the same as those that you lose. The theory assumes that black will come up roughly the same number of times as red in a session.

Some of its major principles are:

You must decide on your base unit.

Start with one unit.

Increase your stake after every loss.

Reduce your stake after a loss.

When starting, you must have a base unit. Ideally, it shouldn’t be more than 5% of your bankroll. For the first wager, stake one base staking unit and increase your stake after a loss. If, for example, you started with £5, you would increase it to £10 after a loss and £15 after another.

After a winning wager, you must reduce the next wager by one unit. If you win a wager with a unit stake, keep it the same for the next wager.

Generally, you win about the same number of bets that you lose. Since the winning bets have bigger stakes, you will make a profit in the end. This sounds good in theory but it has a few flaws.

Advantages of the D’alembert Betting System

1. It is easy to learn and use. The betting system is fairly simple.

2. You can get short-term profits. If you have a big bankroll, you can generate lots of profit over time. However, you should be ready to sacrifice a part of your bankroll.

3. It is structured. This makes it easy to manage money when playing casino games.

4. You have a fair chance of recouping your losses. With the D’alembert system, you don’t increase your bets fast. It is, therefore, possible to recover your losses quickly. Even though it is a lot like the Martingale strategy, the progressions aren’t very steep.

Disadvantages of the D’alembert Betting System

1. Your stake can exceed the table limit. If you start with a high base stake, you can exceed the table limit after a few losses. However, you can avoid this by starting with a low base stake and setting a limit for when you need to stop increasing your stake after losses.

2. The system doesn’t affect the odds. When playing roulette with this strategy, the house edge stays at 5.26%. This is because one spin does not affect the outcome of the next.

3. The profits are low. Potential wins when using the D’alembert system can be very low. Since it is a fairly low-risk system, it is fair that the potential winnings aren’t dramatically high.

4. Long losing streaks can lead to huge losses. The D’alembert system doesn’t lower your chances of going through a losing streak. The chances of having a losing streak are just as high as the chances of having a winning streak.

Conclusion

Even if you don’t win, using the D’alembert betting system gives you the chance to enjoy hours of fun playing your favourite casino games. It makes it easy for you to place your wagers systematically. Even though it can eat into your bankroll significantly, it can also help you win. If you plan on trying the betting system, sign up at a reputable casino and know when it’s time to quit.

Labouchere betting system

The Labouchere betting system was famously utilised by James Bond in Casino Royale's high limit roulette game, described by its author as a "complicated progression system". True to form, this is a complicated betting system that shouldn't be undertaken if you want a nice, easy betting pattern. If you're willing to put in the time, this betting system may well be worth it, as it remains one of the most popular among experienced gamblers. Similar to the Martingale high stakes casino system, this is a negative progression system in which you can recover from losses through a small number of wins. The following guide outlines how the Labouchere system works with high stakes roulette and other casino games.

How Does the Labouchere System Work?

Developed and named after Henry Labouchere, the strategy works with even bets (like even-odd, red-black, etc.). To use this particular system, you devise how much you would like to win, and then separate that number into smaller figures. If, for instance, you hope to win £5, you break that down into something like 1 - 1 - 2 - 1. You can devise any sequence at all for any total number.

The sequence is entirely your own invention. You determine the set win amount and split it as you choose. Once you start playing, just take the left and right numbers (1 + 1 in the proposed sequence) and add them together. That means you bet £2 on your first hand in this hypothetical sequence. Of course, you'll be wanting to win more than £5 in real life, but for simplicity's sake, let's stick to £5. If you win the next bet, you remove those two figures from the sequence. This would equal 1 - 2. You then add the left and right numbers together again. Here, that would equal £3. This continues as you win and cross out your sequence, eventually leaving with your set goal in your pocket.

If you lose any of your bets, you don't cross out the numbers, instead, you add the number you just lost to the end of the sequence. This can then be won back in small increments. Once you get used to this betting system, it can be very simple to follow. Remember, this betting system is far riskier with inside bets as the numbers will not add up, meaning that you may end up losing a lot. For effectiveness, stick to a game with something like a 50/50 success chance.

An example system in use on a £10 goal:

Round 1: 1 - 1 - 3 - 2 - 3. Win = profit of £4

Round 2: 1 - 3 - 2. Lose = -£3

Round 3: 1 - 3 - 2 - 3. Win = £4

Round 4: 3 - 2. Win = £5

Total profit = £10

Why Use the Labouchere System?

The Labouchere system is simple in concept, easy to follow and, provided you keep track, highly organised. As long as you win as much as you lose, you will be at a profit when the sequence is properly implemented. This all hinges on no mid-game disasters or poor losing streaks. When compared to other similar strategies like the Martingale, the progression is not as severe. This means that if you do hit a losing streak, the results are not nearly as disastrous. As such, it's a good system for most players.

When Can the Labouchere System Go Wrong?

As with most systems, a losing streak can really knock you off balance. This is particularly true if your streak is long and persistent mid-game. Nevertheless, the Labouchere method is a perfect way to keep tabs on your loss-vs-win ratio. It can add clarity to your game and ensure you don't push things too hard.

In Summary

Although the Labouchere system is a great way to keep track of bets, it is not particularly effective with a losing streak. As long as you accept the risks and apply discipline with the system and stop playing when bets get too high (as a result of losses), you may get some success. You can apply the system across anything from high stakes slots to high stakes blackjack, but it works better with 50/50 games like high limit online roulette.

Flat Bet betting system

The flat betting system is a strategy used by lot punters all over the world. In this article, you will find out why it has gained popularity and how you can make a profit using high stake casino games or high stakes online slots.

How Flat Betting in a Casino Works

The trick of this strategy is using a fixed stake amount. First, you decide what your fixed stake amount is, and then you make bets using this amount.

Techniques of Flat Betting Systems

These are different types of flat betting systems but with the same underlying principle. They are:

1. Static Flat. Here, you only use 1% of the initial amount in your casino account, so when you have £10,000 in the casino, you use only £100 on each bet. This is the least risky flat betting strategy, but you also don’t get a chance to earn higher profits.

2. Academic Flat. Depending on the information and knowledge you have of the casino game, this system is mostly for those who feel they can accurately predict the outcome of a bet. Each stake amount should lie between 1-3% of the initial amount in your account. If you lose too many bets, reduce the flat bet amount to 1%.

3. Aggressive Flat. Just as the name suggests, this approach uses higher stakes, which means you stand a chance of losing more. The stakes don’t go below 2% of the initial total betting amount, regardless of a losing streak. However, the stake of each bet shouldn't be more than 3% of your initial amount.

4. Chaotic Flat. Flats with this strategy are normally high. Bettors who use this strategy don’t appreciate the other flat percentile amount because their main objective is to earn higher profits. The flats are as high as 10% of the initial amount. The only advantage of this strategy is that profits can be high. However, losses can be catastrophic.

How to Use the Flat Betting Strategy on High Limit Online Casino Games

Many online casinos have limits on the amount you can use to make wagers, but there are some sites that have increased the limit amount you can stake. These sites offer high limit online slots and games to allow you to earn more from betting. You can also use the flat betting strategy with popular casino games and high limit slots. We will focus on two of the most popular casino games; blackjack and roulette.

The Flat Betting System with Blackjack

High stakes blackjack betting is greatly simplified with the flat betting strategy. All you need to do is stake exactly the same amount on every single hand you are dealt. Doing this might take away the thrill of high limit online blackjack betting but the benefits can be worth it.

Benefits of Using the Flat Betting Strategy on High Limit Blackjack

1. Exceeding the House Edge. House edge is different depending blackjack game you choose to play. You need to use the flat betting system to stand a chance of winning the long term house edge, by simply obeying the rules and playing one stake amount.

2. Deciding the Stake Amount for Each Flat Bet. You should contemplate the stake amount to bet on each hand. You need to select the stake amount before getting to the blackjack table. The aggressive flat system strategy should come in handy to maximize your wins.

The Flat Betting System with Roulette

You can also find high limit online roulette games from casino sites on which to make use of the flat betting strategy. Most of the strategies of high stakes roulette betting advise you to increase your stake after a loss or increase your stake after a win. With the flat betting system, you can bet on each spin and still stand a chance to come out victorious. The main advantage of flat betting on high limit roulette is when you lose, you won’t lose too much of your initial betting amount.

Conclusion

Making highly staked bets will definitively improve your chances of increasing your profit, but for you to achieve this you have to win at least 50% of all the bets you’ve made. Although winning more than 50% of your bets is difficult, losing all the bets you’ve made is highly unlikely. It is all up to you to pick which of the flat betting techniques fits you best.

What is the "James Bond" roulette strategy and how can you use it?

The James Bond strategy is used by roulette players to increase their chances of winning. The strategy is about covering over half the table and is based on a plan that was made popular by James Bond himself.

What Is the Staking Plan?

The main objective of this plan is to cover at least half of the roulette board. In the system, you bet a similar amount every time. With this staking plan, you always start with a bet of £20. Unlike with other systems, you spend the bet in three stakes. In the traditional sense, this is a flat betting system. You place these three bets for each spin:

£14 on 19-36

£1 on 0

£5 on 13-14-15-16-17-18 line bet 00

The possible outcomes are as follows:

The ball landing on numbers from 19-36. It may lead to an £8 win

The ball landing on 1-12, which leads to a loss of £20

The ball landing on the numbers 13-18, which leads to a £10 win

The ball landing on 0, which results in a £16 win

One of the most beautiful things about the James Bond strategy is that there are only four possible outcomes, and only one of them results in a loss. The first 12 numbers are the only ones that don’t result in a win. You get the highest win if the ball falls on 0.

From that perspective, the James Bond strategy seems like a very good idea. Although there is a risk of losing £20, there are more chances of having a positive outcome.

However, it may be inappropriate for players who don’t want to leave anything to chance. The strategy isn’t suitable for players who are looking to beat the odds completely. Even if you hit every number with 37 spins, you will still lose some money in the end.

Does the James Bond Strategy Work?

Even though the James Bond strategy is popular, it doesn’t really work. The strategy is mostly popular because of its association with James Bond. Here is why it isn’t reliable:

The bet on 19-36 covers half the wheel and the numbers 13-18 help to cover ¾ of the wheel. The bet on 0 is meant to act as insurance.

With the James Bond strategy, you make three independent bets. They are not related in any way. They can’t be said to represent any wheel sector.

There are 12 possible spins that could lead to a loss of £20. You will be losing the house edge slowly but surely.

Unfortunately, roulette is a game of chance and the house has an edge right from the start. There is no reason to believe that roulette will work based on what is due. A simple way to confirm this is by checking the result of five spins in a row. Bet on red every time and then on black five spins consecutively. You’ll notice that the odds don’t change based on the sequence.

Some players use progression to avoid this. This means that they raise a wager after a loss.

Using progression does not always work. It can lead to massive losses since, after a few losses, you will losing a lot of money. Three or four consecutive losses can lead to dramatic losses. If you eventually make a profit, it may be lower than your loses.

The best way to take advantage of the James Bond strategy is taking the same approach as James Bond himself. Get in quickly and be smart about it. Get out while you are ahead and don’t wait too long. After making your profit, walk away and resist the urge to stretch your luck.

Conclusion

In summary, the James Bond strategy is a great system that may work for both new and experienced players. However, it is not reliable. Even though it may work perfectly in the short term, you can’t count on it to work in the long term. Playing multiple spins increases a player’s chances of losing. In the end, the player will always lose their bankroll. If you are looking for an effective way to make some quick money in roulette, it may be a good idea.