Roulette is one of the most popular games in the gambling world. The red-and-black wheel has become so iconic that many online and land-based casinos use it to symbolize their establishment. With the advent of streaming technology, live casinos have made the game even more popular.
Due to this surge in popularity, many newcomers need to be made aware of how the game works and the best way to enjoy it. In this article, we would like to review the best methods and strategies to help you play live roulette online.
Creating a Bankroll
First of all, you will need to create a bankroll. For those who don’t know, a bankroll is a sum of cash you will use exclusively for gambling. The amount should vary from person to person. However, it must always be a sum you can afford to lose.
Learning how to manage your bankroll is one of the most important aspects of gambling on live roulette. Knowing how much to bet, when to bet it, and when to walk away are all essential skills tied to this sum. Any gambler should be aware of them.
Managing the Money
Money management is undoubtedly one of the most essential skills, not just in gambling but in life. As we said, more than setting aside a bankroll is required. It would help if you learned how to bet with said sum correctly—knowing when to wager, how much, and if you should, are important aspects of the game.
Money management is one of many skills you need to have, though. If you play live roulette online, you must also know about betting systems. Luckily, we know something about the two most popular betting strategies. Let’s take a look at them now.
The Martingale Strategy
The Martingale is, by far, the most popular betting system in gambling. It has been around for centuries, and gamblers have successfully employed it in their exploits to minimize loss and maximize potential wins. But how does it work?
At its core, the Martingale is a simple strategy. The gambler must place a small wager and double it with each loss. The idea is that, if victory happens to come, the bettor would not only profit but also recuperate all of their losses. If we were to give an example, a Martingale bet should look like this:
$2 – $4 – $8 – $16 – $32 – $64
As we said, the Martingale system began in the 18th century. Anyone learning to play at a live roulette casino should familiarize themselves with the Martingale, as it has endured for hundreds of years.
The Fibonacci Strategy
The system may be familiar to those aware of the Fibonacci sequence. If you are unaware, the Fibonacci sequence is a famous mathematical sequence where each subsequent number is the sum of the previous two.
If one were to employ the Fibonacci sequence, one would place a small bet, follow it up with the same sum, and then follow it up with a larger sum, the sum of the previous two. To explain it better, let us look at an example:
$1 – $1 – $2 – $3 – $5 – $8
Much like the Martingale strategy, the goal is to create a system where the gambler minimizes losses and maximizes potential wins. The idea is that any money lost could be returned on a win but still leave the player on the green.
The Popularity of Live Roulette
Livestreaming technology has made roulette a household name again. Once upon a time, the game dominated casinos and no gambler was alive who had not tried it. However, with the emergence of slot machines, roulette got a little overshadowed.
However, in 2023, social media dictates popularity. We have various platforms that can help creators produce popular content. YouTubers, Twitch streamers, and Instagram influencers do a great job providing tutorials and explanations for live roulette and providing guides for newcomers.
The game does not need much advertisement, though. Live roulette is excellent because it combines the best of two worlds. Not only can anyone access a live roulette casino from any electronic device, but the game also creates a sense of camaraderie that one could only find at a brick-and-mortar casino.
FAQ
Can I play live roulette online?
Live roulette is a game where a living dealer broadcasts themselves using live-streaming technology. They spin the roulette wheel while players make bets from the chat.
What do I need to do before I start playing roulette live?
The most important thing to do is study the rules. Knowing the rules of the game will get you quite far.
What is a gambling bankroll?
A bankroll is the sum every gambler sets aside specifically for gambling.
Is live roulette popular?
Yes, live roulette is a viral game at online casinos. Especially recently, the game has taken over many sites as one of the top three most popular gambling games.