Roulette Money Management

The first thing to realize when you are considering how to spend your bankroll when playing roulette or online roulette is to realize that roulette is a game of chance and that each spin is completely separate from the others.  This means that probability will probably not help you much in the game of roulette but setting a realistic budget and sticking to it will.

In land-based roulette the ball can land on any one of the slots at any time, no matter if it’s your first or your hundredth bet.  Online casino roulette games are the same and are guaranteed to be random because they use random number generators to ensure this.  The random number generator software ensures everything happens randomly and they are checked by independent auditors to ensure that this is the case.

Roulette Money Management: What You Should Know 

Roulette is a fun game to play and there are ways to decrease the house edge.  Some people will tell you that online roulette will drain your wallet more than pad it because the wagers don’t pay out enough.  The reason they say that is if you are playing a wheel with 38 numbers (the one with the thirty six plus the zero and double zero slot) your chances of getting a certain number on one bet are thirty seven to one but the house only pays you thirty five to one if you do win this bet.  Combination bets work the same way and it is true that the online casino or ‘house’ has a big edge in roulette. 

Roulette Money Management: How to Set a Budget 

Remember to always set a budget before you even go close to the roulette wheel.  Online roulette is a very exciting game that can easily distract you from the amount you can afford to bet, so only deposit the amount of money or set aside a part of it for your roulette games to avoid disappointment.  If you, for example, decide that you can bet a hundred dollars on roulette in a single setting and that money is gone, stop, log off and do something else for a while.

Like we said, roulette is a game of luck and some days you will be luckier than others.  Although it is a random game it is never a good idea to play when you are in a bad mood, feeling unlucky, or are desperate for cash or to make up for your losses.  On these days, rather stay clear of the online casino altogether and come back tomorrow when you are in a winning spirit. 

Roulette Money Management: How to Stick to Your Budget

If you are a regular gambler, you’ll know that everyone goes over their budget from time to time.  The best way is to only deposit the amount that you can afford to lose and nothing more.  Another way is to set an alarm to go off in an hour or two and then you have to log off.  The best idea is to simply log out, log off, and switch off your computer.  If you repeatedly fail to stick to your budget, you should look into whether you perhaps have a gambling problem.