On the surface, the best probability for the roulette player to be ahead is in one trial (spin): 48.6% to win (versus 51.4% to lose), as far as even-money betting is concerned. I don’t agree that it is the best strategy (betting all your bankroll on one spin).
Theoretically, no bankroll will put a player ahead guaranteed, IF flat-betting and playing very long consecutive sessions. There are moments, however, when the roulette player can be ahead by at least one betting unit. Even in even-money bets, the player has a good chance to be ahead by at least one unit after 5, or 10, or even 100 spins. But more than 20 spins are NOT recommended; the probability (odds) to lose go(es) above 50%! Think about it!
The main thing, mathematically, is the number of player’s wins in N trials. To be ahead, means the player has won at least one more roulette spin (number of successes) than the number of losses in N trials. The question then becomes:
“What are the probabilities for the player to be ahead in various numbers of trials?”
Everybody can use my probability software SuperFormula, option L: At Least M successes in N trials.
Winning probability: p = 18/37; M must be at least (N/2) + 1.
Here is a number of cases from the player’s perspective.
The figures are applicable to all even money roulette bets: black or red; even or odd; low or high (1-18 or 19-36).
1 trial (spin)
– probability (odds) to win: 48.6%; odds = 1 in 2.05
– probability (odds) to lose: 51.4%; odds = 1 in 1.95
(the probability to lose is 19/37; adding zero to unfavorable cases).
2 trials (spins)
– probability (odds) to win 2 of 2: 23.7% (1 of 2 doesn’t mean ‘being ahead’)
– probability (odds) to lose 1 of 2: 76.3%
– probability (odds) to win at least 2 of 3: 48%
– probability (odds) to lose at least 2 of 3: 52%
– probability (odds) to win at least 6 of 10: 34.4%; odds = 1 in 2.91
– probability (odds) to lose at least 6 of 10: 41.1%; odds = 1 in 2.43
– probability (odds) to win at least 11 of 20: 36.5%
– probability (odds) to lose at least 11 of 20: 46.2%
– probability (odds) to win at least 51 of 100: 35.5%; odds = 1 in 2.82
– probability (odds) to lose at least 51 of 100: 56.8%; odds = 1 in 1.76.
It’s getting worse for the player…
The roulette strategy (or system) is a totally different ball game! But there are professional gamblers out there, including roulette players! They must have strategies, some roulette systems deduced from some figures like the ones above! The player can be ahead at any point in the game. If so, maybe it’s time to move to another (or casino) table: It improves the odds of winning!
Always keep track of the losing and winning streaks. Be strong and put an end to a winning streak. You are ahead, you quit the roulette table. Go to another table and wait until you are ahead. The bankroll is of the essence: It must assure going through long losing streaks. Divide the streaks in 10 spins or 20 spins. Never fight aggressively short or mid-term losing streaks. This is the best approach for those who do not know Ion Saliu’s casino gambling systems. A good approach to gambling is the next best thing to a good gambling system! Applicable to blackjack and baccarat, too!
Various odds (probabilities) at 0 and 00 roulette Type of Bet Single 0 Double 0 - straight-up (1 number): 1 in 37 1 in 38 - split (2 numbers): 1 in 18.5 1 in 19 - street (3 numbers): 1 in 12.3 1 in 12.7 - corner (4 numbers): 1 in 9.25 1 in 9.5 - fiveline (5 numbers): 1 in 7.4 1 in 7.6 - sixline (6 numbers): 1 in 6.2 1 in 6.3 - column (12 numbers): 1 in 3.1 1 in 3.2 - dozen (12 numbers): 1 in 3.1 1 in 3.2 - black/red (18 numbers): 1 in 2.06 1 in 2.11 - even/odd (18 numbers): 1 in 2.06 1 in 2.11 - low/high (18 numbers): 1 in 2.06 1 in 2.11
Axiomatic one, everybody knows that the casinos have an edge or house advantage (HA) in all the games they offer, roulette including. The house advantage is created by the payouts in rapport to total possibilities for the respective bet. We can apply this simple formula based on units paid UP over total possibilities TP:
(always expressed as a percentage.)
Let’s calculate HA for the 1 to 1 bets: black/red, even/odd, low/high. HA = 1 – (UP / TP) = 1 – (2 / 2.055) = 1 – 0.973 = 0.027 = 2.7%. There are little differences among bets depending on how many decimal points we work with in our calculations.
The point is, the casinos have an advantage, or the players have a disadvantage. Nonetheless, the players’ disadvantage is far better than what they face in state-run lotteries. Yet, most casino gamblers lose big, including at roulette tables. They do not have sufficient bankrolls to withstand long losing streaks.
However, around 45% of the roulette numbers lead the gamblers to profits in a few thousand spins. That is, with a sufficient bankroll, a player has a pretty good chance to make a profit, even if playing a random roulette number, or a favorite number. I analyzed about 8000 roulette spins from Hamburg Spielbank (casino).
By contrast, the more lottery drawings a player plays, the higher the degree of certainty of a loss. Let’s make a comparative analysis to the roulette long series above (spins: total roulette numbers, 37, multiplied by 200). If playing the pick-3 lottery for some 100,000 drawings, it is guaranteed that all pick-3 straight sets will be losers. Some numbers will hit up to 3% to 5% above the norm — but that is not nearly enough to assure a profit. A frequency of 3% to 5% above the norm leads to profits in roulette, however.