The largest directory of betting bonuses

The biggest collection of free betting e-books


Betting Articles

Lazy Sports Betting Tactics
How to beat the bookies in the over-under markets
How to convert between decimal and American odds
How to get an edge in betting
How to test the credibility of a tipster`s record
Kelly criterion method
How to use Kelly Criterion for betting
How Weather Affects Sports Betting
Increase Your Chances of Winning Long Term Betting on Sports
Intermediate and Advanced Sports Betting
Common sportsbetting myths
Advices on Betting Fundamentals
Betting do's and don'ts
Choosing a staking method based on your betting profile
Betting staking plans
Value betting explained
Sports-betting- a game of numbers
Market movement in betting
Types of odds explained
European types of bets explained
American types of bets explained
Martingale Considerations in Sports Betting
In-play betting
Accumulator betting
Mobile betting
A Crash Course in Horse Racing
A Crash Course In Sports Betting
American odds versus decimal odds
Bankroll management
Money management in sportsbetting- odds, edge and variance
Basic bet types explained
Paying for Picks
Betting on winning streaks
Betting psychology- a crash course about aspiring professional bettors
Popular Sports Betting Beliefs
Do you make these 9 sportsbetting mistakes?
Does intuition have a place in sportsbetting?
Exchange betting
Randomness in sportsbetting
Fractional versus decimal odds
Home team advantage analised
How bad at sportsbetting are you?
Reasons to Keep Betting Records
How bookmakers make money
How bookmakers work
How do betting exchanges work
Should You Bet on Multiple Sports or Specialize?
How do free bets work
How does luck influence short term betting
How good are betting tipsters
Sports Betting for Beginners
How loss aversion impacts performance
How many sports to bet on
How Much Should You Bet On a Sporting Event?
Staking-one method to improve your betting
How much you should risk per bet?
How Sports Betting Has Changed Over the Last 20 Years
How To Avoid A Big Sports Betting Loss
The art of multiple betting
The history of lotteries
The value of information in soccer betting
Three careers ideally suited to betting
Tips for Better Sports Betting Results
Types of Online Sports Betting Bonuses
Understanding and managing your risk of ruin
Understanding Horse Racing Bet Types
Understanding Live Betting
Value betting is an essential skill for bettors
Ways to Increase the Percentage of Sports Bets You Win
What are drawdowns and how to manage them
What are the most common mistakes the bettors make
What are the real chances of winning the lottery?
What distinguishes winning from losing betors
What is a handicap soccer betting?
What is the Fibonacci betting system?
What is the Labouchere betting system
What is the Martingale staking system
Why do we gamble? Irrationality and overconfidence
Why patience is an essential trait for any serious bettor
Poisson Distribution: Predict the score in soccer betting
Fixed Staking vs. Variable Staking
Basketball betting: Bet types explained
7 Sure-Fire Baseball Betting Strategies
How Does In-Play Betting Work?
To Parlay, or Not to Parlay?
Wisdom of the Crowds applied to betting
CASINO ARTICLES
A Novice’s Tutorial on Casino Gambling Games
How to Gamble with Dice – Popular Dice Games and Their Variations
How Online Casinos Helped Me Love Roulette Even More
My Top Three Tips for Getting Comps in Casinos
5 blackjack stereotypes
5 Gambling Tricks You Can Only Use Online
5 LITTLE-KNOWN FACTS THAT AFFECT YOUR AVERAGE HOURLY LOSS IN A CASINO
5 REASONS CASINO GAMES ARE SO ENTERTAINING
5 Things All Casino Gambling Fans Are Sick of Hearing
5 Tips to Managing Your Casino Bankroll Effectively
The Five Most Important Tips I Ever Learned on Bankroll Management
5 Rookie Mistakes in Blackjack and How to Avoid Them
7 roulette variations probably you have never heard of
7 THINGS YOU NEVER KNEW ABOUT CASINOS
7 Ways Casino Players Sabotage Their Chances of Success
How to Tell If You’re About to Make a Mistake with Your Next Casino Bet
The 12 Types of People I Meet in Casinos – Analyzing My Fellow Gamblers
10 SURE-FIRE CASINO GAMBLING STRATEGIES THAT WORK
What I Love Most About My Three Favorite Video Poker Games
The Last Guide to Video Poker Tournament Strategies You’ll Ever Need
Baccarat and the Martingale System – Can It Work?
Is There a Gambling System That Never Loses?
Combining the Martingale System with Odds Bets in Craps
Which Bets on Which Casino Games Offer the Best Odds of Doubling Your Money?
What’s Next for Online Gambling?
Using Self-Discipline in the Casino
20 ONLINE GAMBLING TIPS
Going All-In – When to Bet It All in Poker
10 Things I Wish I’d Known About Roulette Before I Started
Who’s the Best Video Poker Player in the World
Are No-Deposit Bonuses at Online Casinos a Waste of Your Time or Worth Going For?
Are Online Casino Bonuses Worth Taking?
BEATING BACCARAT – WINNING SYSTEMS & STRATEGIES
CHOOSING THE RIGHT SLOT MACHINE
EUROPEAN VS. AMERICAN ROULETTE
EVEN MONEY CASINO BETS
Feel Confident When Gambling Online – 8 Tips to Help You Choose a Secure Site
Finding the Best Slots Online
Gambling and Poker Playing: 10 Things to Know
GAMBLING GAMES THAT ARE REALLY WORTH TRYING
HOW TO AVOID GOING BROKE AT THE ROULETTE WHEEL
HOW TO GET YOUR FIRST ONLINE CASINO SIGNUP BONUS
How to make a million playing video poker
How to Spend Your Gambling Winnings
HOW TO SURVIVE A BLIZZARD AT THE CRAPS TABLE
HOW TO WIN AT ROULETTE
How to Win Consistently at Casino Gambling
How to Win Consistently at Craps
How to Win Consistently at Roulette
HOW VOLATILITY WORKS IN CASINO GAMBLING
Is It Possible to Play Roulette as a Career (Or Even as a Part Time Gig)?
Is One Blackjack Game Better Than Another?
MONEY MANAGEMENT STRATEGY FOR YOUR NEXT CASINO TRIP
ONLINE CASINO DISPUTES
SKILL BASED CASINO GAMES: PROS AND CONS
The 5 secret joys of casino gambling
The Benefits of an Online Gambling Environment
The Best Long-Term Strategies for Playing Progressive Jackpot Slots
THE BIGGEST JACKPOTS IN ONLINE GAMBLING
THE EASIEST WAY TO LEARN BLACKJACK STRATEGY
THE HOUSE EDGE
The only roulette strategy you will ever need
The Surprising Secret to Winning at Casino Gambling
Who Takes Care of Your Safety at Online Casinos?
Why Don’t Craps Players Just Use the Right Strategy?
Why I love American roulette
WHY IS THE DON’T PASS BET BETTER THAN THE PASS BET IN CRAPS?
WHY IS THE DON’T PASS BET BETTER THAN THE PASS BET IN CRAPS?
Newsletter Subscribe for our latest offers.
Name:
E-mail:

HOW TO AVOID GOING BROKE AT THE ROULETTE WHEEL

Roulette is my favorite table game. When I’m not at the video poker machines, I’m probably playing live or electronic roulette, betting $10 at a time for a few hours.

I use three simple steps to keep myself from over-spending on the devil’s wheel.

I wanted to outline them here in a simple blog post so that other players could avoid the embarrassment and hassle of spending beyond your means on a simple casino game.

Shop for the Best Table

I do this every time I play roulette.

I get that excited-toddler feeling when I take my first step onto the casino floor and head toward the roulette tables, but I keep it under wraps long enough to eyeball the games the casino has available.

Sometimes, like my last trip to Vegas, I do my research ahead of time. The Internet is a great resource for information on games and rules, and it took me about ninety minutes to figure out where the best tables were going to be.

In case you’re interested, it was the MGM and the Mirage. Both hosted European rules roulette (the only variation I will play) with the kinds of rules that gave the house an edge of just 1.35% on even-money bets. As an added bonus, both of these tables allowed a minimum bet of $25. Unfortunately, tables like this are becoming rare in the American casinos where I do most of my gambling.

Obviously, if you play at a table where the casino’s edge is 1.35%, you’re likely to lose less money over time than if you were playing at a table where the house advantage is 2.6%. Just remember that even a slim house advantage means the casino always wins in the long run.

Join the Casino Rewards Club

Every casino has some kind of comp or reward system. It comes in the form of a little plastic card that the house uses to track your play. You swipe the card in when you play and your activity is tracked.

I’ll admit right up front that roulette play isn’t going to reward you comps as quickly as other less-advantageous games like slot machines. Roulette isn’t as profitable as the machine games, so it’ll take you longer to earn the really valuable goodies.

But that’s no reason not to take advantage of the casino’s generosity. After all, an afternoon of roulette play at $10 a bet means I’m handing the casino about $30 of my hard-earned money. No wonder they offer me a free meal every now and then.

Joining the club is free, and if you play for any amount of time, you’ll earn a little something extra from the house for your business. Even though I know my roulette play won’t rack up a ton of rewards, I always sign up when I visit a casino.

Take Control of Your Bankroll

Establish and maintain a standard bet

This is simple – divide your total budget by your desired amount of play. So if your total budget is $1,000 and you want to play roulette for five hours, you shouldn’t bet more than $200 an hour. Since most roulette tables produce about forty outcomes per hour, you should never bet more than $5 per spin.

Remain calm and clear-headed while playing

If this sounds a little touchy-feely, just hang in there. Since roulette is totally luck-based, it doesn’t make sense to ever wager more than that. Unlike in blackjack or poker, you don’t have any influence over the outcome of roulette, so there’s never a “good time” to increase the wager. When you get emotional (or intoxicated) you’re more likely to make bad decisions. That includes placing bets that are beyond your bankroll. If you get upset or you drink a little too much, it’s time to stop playing.

Increase the value of your bankroll

I already talked about joining the player’s club in the above section. While that is a powerful tool for increasing your profits from roulette play, it’s not my favorite one. The way I see it, the more fun I have, the more valuable my gambling budget is to me. It works the same way as seeing a great movie at the cinema. If a film is really good, it totally justifies the money you have to spend for a ticket and snacks. When I want to start having more fun, I play around with the Martingale betting system for a few rounds. Not because I think it’ll work, but to make the game a little more interesting. For those few minutes, I’m having so much fun that I’m not really thinking about wins and losses.

There is no one trick to avoiding the pitfalls of over-extending your casino budget. These three are the best tools because they’re easy to apply, they work really well, and they’re all good habits besides good strategy.

But other factors are important, too. You’ll want to develop your own strategy for avoiding going broke on roulette, but if you follow my above advice, you’ll be well on your way.