Just like any other casino games, there is a risk of losing money when playing roulette. You are already lucky if you manage to lose only a few dollars. Some squander as much as a few hundreds of dollars in the roulette table. Roulette players who are only there for the fun tend to get discouraged with this financial risk so they try to aim to break even instead.
Background on Roulette
For the uninitiated, there are 36 numbers in American roulette (some European roulette tables have 37). Half of these numbers are black while the remaining numbers are red. Eighteen of the numbers are odd while the other 18 are assigned on even numbers. They are arranged in 12 rows of 3. The objective of the game is to match the number that the ball will hit in the spinning wheel.
What Is Breaking Even?
In any business, breaking even is gaining back the money that was invested into the venture for its operation. This concept also applies to roulette, though the break even approach in this casino game makes use of a combination of mathematics as well as luck.
One example of breaking even is betting $10 on six numbers of your choosing. Place $1 bet on five numbers and then bet the 5 on an even/odd/red/black. This will break even in cases when you do not manage to get the numbers, but then you achieve the other.
Ways And Strategies To Break Even
There are a lot of ways and strategies that make use of the principle of breaking even in roulette. Here are some of these:
1. Simple 50/50 bet
This strategy is relatively simple. If you chose a red number bet and the ball hits a black number on the wheel, you lose your bet. Bet a red number again and you will still have a 50/50 possibility of gaining back that dollar you lost.
2. Conscious Pluscoup concept
This makes use of the Oscar’s Grind betting strategy that is being utilized in a number of games but with a twist. Also called Pluscoup Progression, it uses a mathematical approach to betting by knowing how much the bets would be so that there will be profit or the break even point is at least achieved when a winning streak follows a losing streak of the same length. The Conscious Pluscoup is basically adjusting the amount so only break evens will happen.
For example, if your status is 7 units down from the highest point in the round, the next amount you will be betting is also 7 so when you lose the bet, the base unit will still be at 7.
3. Martingale Strategy
This is one of the most popular strategies in roulette that aim to break even. In order to use the Martingale strategy, a player must be watchful of what happens on each bet. If you lose, the best way to gain the amount you lost is to double the amount of the previous bet. This progression must then be sustained in the next few rounds. So if you lost a $10 bet, for example, your next bet must be $20. If you lose again, you will be betting 40 for the next session.
4. Five Quad strategy
The Five Quad strategy may seem complex for beginners, but it is actually quite easy to understand. In order to implement the Five Quad, choose five blocks of four numbers (quads) to use a quad bet on. If you want, you may also corner bets instead. After that, pick a straight number that is not yet covered on the previously chosen quad numbers and bet on that. This covers 21 numbers, which means a bigger chance to break even.
5. Double Street Quad
The Double Street Quad aims to cover as much of the betting board without the risk of losing a big amount of credit. To do this strategy, choose two streets where you will be betting two chips each. After that, pick a straight number and a quad where you will bet one chip. Just make sure that the straight number and quad bet are not covered by the double street bets.
As an example:
Double street bets: (4,7), (16,19)
Quad bet: (26, 27, 29, 30)
Straight bet: 34
The strategies above are only a few ways to break even in roulette. If used wisely, they may even turn up a profit for the player.