How To Earn Money On Roulette

How To Earn Money On Roulette Rating: 6,3/10 1635 votes
To be successful at roulette, it’s strongly recommended to use a good strategy, or system, to help you manage your bets and plan them to ensure that you manage your bankroll and make a return on your investment.

The probability of winning at Roulette depends greatly on the type of bets. Making a direct bet on a specific number gives you a 2.7% chance to win at classic Roulette and a 2.63% chance to win the American Roulette. Betting on equal chances (red/black, 1-18/19-36, even/odd) gives a chance to win at Classic (48.65%) and American Roulette (47.37%). Advantages and Disadvantages of Using the Labouchere Roulette System. If you want to make money using one of the many betting systems for roulette, you will want a method which is relatively easy to use. And this is one of the very few issues we can find with the Labouchere – it does require you to write down your sequence of numbers.

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What You Should Know About Roulette Systems

Roulette has been around for many years, and people have developed many different strategies that have varying success. You may read about some and hear that people have made a fortune from them, and naturally think that these are the ones to go for. But don’t be fooled. A lot of those claims can’t be backed up, and even if they can it doesn’t mean you will have the same success.

So what roulette strategy should you use? Here I’m going to explain in some detail why I think the Labouchere roulette system is arguably the best and be sure to check out more information on how to use it on the Labouchere roulette system page.

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What Is The Labouchere Roulette System?

The strategy was first introduced by Henry Labouchere, a well-learned man born in London. An avid roulette player, Labouchere developed this rather complicated system using mathematical techniques, and it has become one of the more popular strategies among gamblers today. So why can it be so successful for you?

First, let’s see how it works – it uses negative progression where bets increase when you lose and when you win, you place lower wagers. It is applied only on the following outside bets – red/black, even/odd, and low/high and you can place the same bets during the entire session (for instance on odd numbers), or you can move the chips whenever you like. You also start by determining how much you wish to win during this gaming session. In theory, you need to win only a third of all spins plus two to get a profit. For instance, if you play 100 spins, you are expected to come with a profit after 35 spins (actually, the exact number is around 35.33 spins).

Perhaps the main benefit of this system is how versatile it is. After all, if I were to write about a roulette strategy that was only suitable for those with a large bankroll (the Martingale for example), it certainly wouldn’t be the best strategy for a lot of players (I’m not saying the Martingale is the best strategy for those with a large bankroll either!). With the Labouchere roulette system though, anyone can adjust how it works to suit their bankroll, their end target and how long they want to spend getting there.

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Why This Roulette Strategy Is So Effective

I won’t get into too much detail here about how it works, as I have already written a detailed guide on how to use it, but I will explain briefly how it can be modified to suit you. In short, it uses some basic calculations to determine the size of your bet after each loss or win. You start by deciding on a target profit. Let’s say you have a bankroll of £100, and your target is to make a £50 profit in a relatively short period of time. Using this strategy, you should write down a sequence of numbers – their sum has to equal your target. Alternatively, you may try to reach the profit of £50 in several separate rounds.

If you are not confident in the strategy or in your luck, you might want to try a sequence like this – 0, 1, 2, 3. You can see how it may happen in a favourable round in this example:

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Betting Session Example I using The Labouchere System
SpinSequenceBetWin/LoseProfit
#10,1,2,33Lose 3-3
#20,1,2,3,33Win 30
#31,2,34Win 4+4
#422Win 2+6
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Your profit at the end of each round (i.e. when the sequence is over) will be £6. Note how I’ve added a zero at the beginning to make the system slightly safer. For your first bet, you add the first and last number of the sequence, so your first bet will be just £3. Now if you wanted to reach your target a bit quicker, you could easily take this away, or of course, use a larger number. According to this method, you need to remove the 0 and the 3 from the sequence, in case you win. And your next bet is the sum of 1 and 2, so £3. If you lose, however, you add the lost bet to the end of the sequence, and you have 0, 1, 2, 3, 3. You can see in the following example a betting round where the number of wins and losses is equal:

Betting Session Example II using The Labouchere System
SpinSequenceBetWin/LoseProfit
#10,1,2,33Lose 3-3
#20,1,2,3,33Win 30
#31,2,34Lose 4-4
#41,2,3,45Lose 5-9
#51,2,3,4,56Win 6-3
#62,3,46Lose 6-9
#72,3,4,68Win 8-1
#83,47Lose 7-8
#93,4,710Win 10+2
#1044Win 4+6

But let’s say you have a larger bankroll of £500, and you want to double your money by the end of the night. Then you could change this to create a more aggressive sequence that works exactly the same way but provides a much higher return. For example, you can take the sequence 10, 20, 30. Your profit at the end of each sequence here will be £60, and with fewer numbers, you can expect to achieve that more quickly. You could make it even quicker but produce the same profit by changing the sequence to 20, 40. In the example below, you can see how £60 can be won in a short round of only 9 spins. Even though you lose more times than you win, you end up with a great profit.

Betting Session Example III using The Labouchere System
SpinSequenceBetWin/LoseProfit
#110,20,3040Win 40+40
#22020Lose 20+20
#320,2040Lose 40-20
#420,20,4060Win 60+40
#52020Lose 20+20
#620,2040Lose 40-20
#720,20,4060Lose 60-80
#820,20,40,6080Win 800
#920,4060Win 60+60

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So that’s one of the reasons why this system is so great, but there’s even more to it than that. There is also the fascinating statistic that you only need to win 1/3 of the spins +2 to make your profit. So out of 12 spins, you would only need 4+2=6 to make your profit. The longer this goes on, the better it sounds. For 60 spins, for example, you would only need 20+2=22 to be successful. Now, this isn’t the only system to offer this kind of statistic, but many others just aren’t as safe, or certainly can’t be made to be so safe as this one can. Or perhaps they take a long time to get you to where you want to be.

Advantages and Disadvantages of Using the Labouchere Roulette System

If you want to make money using one of the many betting systems for roulette, you will want a method which is relatively easy to use. And this is one of the very few issues we can find with the Labouchere – it does require you to write down your sequence of numbers. If you play in online casinos, this should not be a huge problem for you. However, if you prefer playing in land-based facilities, you may easily attract unwanted attention, although most casinos should allow you to use any system unless it includes the use of any technical devices.

Still, the calculations that you need to make are really simple and should not be any problem for you. You just need to stay focused and keep track of the numbers on your sheet of paper or in your mind. Another disadvantage of this system is that there is the risk of having a really long losing streak, which means that your bet will increase a lot. This is particularly risky when you are placing higher bets – you can easily waste your entire bankroll without being able to recoup. You can also reach the table limits in a relatively short amount of time.

Nevertheless, the advantages of using the Labouchere system seem to outnumber the risks and pitfalls that come with it. One of the most compelling arguments is, of course, the fact that this method can be modified, adjusted and reshaped in multiple ways so that it is suitable and reasonable enough for you to use. You can make it extremely safe by starting the sequence with several zeroes, for instance, as in 0, 0, 0, 0, 1. In this scenario, your first several bets will be £1 even if you are losing. If you are winning and need to remove the number 1 (0, 0, 0), you can simply start over and bet £1 once again.

In fact, you can change the sequence of numbers in any way you wish – a target of £6 can also be expressed as 0, 0, 2, 3, 1 or 3, 3. The simple principle you should follow is to keep the bets smaller and the sequence longer for a lower risk game. If you are willing to play more aggressively, you can start with higher stakes and short sequences of numbers. You will risk more, but the potential wins are also much more attractive and can be reached much faster.

Conclusion

In short then, the Labouchere, in my opinion, is possibly the best roulette strategy out there as it suits almost any player, whatever the goal. It is also a fantastic way to manage your money and reach your target profit. That being said, it is one of the more complicated systems out there and certainly takes some practice. Start off with a pen and paper, go through some scenarios in your head and think about what you want to achieve realistically with your budget. But with a sequence that suits you, I can definitely recommend this system.