Roulette Strategies: Myths and Misconceptions
Roulette are one of the more familiar and common games found in casinos worldwide. Due to their popularity, a number of strategies and techniques were created and developed for gamblers to increase their odds of winning.
Although Albert Einstein may have taken a more pessimistic view of the odds of winning in a roulette table (he was said to have stated that the only way to beat a roulette table is by stealing from it), several notable strategy articles have been spawned over the years. Although none can statistically overcome the casino advantage, it is interesting to note some of these.
One strategy in particular, called the Martingale betting strategy, promised players a fighting chance to win profits that totaled their first bet. Several varieties of this strategy were attempted by players hoping to cash in on the roulette tables.
The principle behind the Martingale betting strategy is for gamblers to double their bet after each loss, which would hopefully result in a recovery of their previous losses and at the same time, for them to earn a profit that has the same value as their first bet.
However, it is interesting to note that no known Martingale practitioner has ever won enough money that may warrant the strategy as being fool proof. Also, due to the exponential growth of the bets, serious repercussions such as huge losses on the part of the practitioner are more likely to occur.
Another well known strategy is the one that is based on the Fibonacci sequence. This is a sophisticated system who is named after an Italian mathematician named Leonardo Pisano or commonly referred to as Fibonacci. However sophisticated this system may be, this is another strategy that cannot be proven to work all the time.
A lot of roulette players seem to think that betting on green numbers will give them the house edge, as these players have labeled these numbers as the house numbers. However, this has not been proven and this belief is just a common misconception since green numbers aren't likely to come up more or less compared to other numbers.
Because of the lack of strategies that can work most if not all of the time, some roulette players have resorted to using exploits such as mechanical devices and wearable computers that can help them tilt the balance in their favor. Although some have succeeded in this type of endeavor, casinos are quick to adapt to the challenges posed by these exploits.