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Bankroll Management in Roulette

Posted On : Jul-28-2011 | seen (583) times | Article Word Count : 675 |

Online casino gambling is often associated with the term bankroll management. Bankroll managements is a very important thing in gambling that can't be denied. However it is not a kind of process that fits the term "one shoe fits all". Online players vary in types and each type has different corresponding bankroll management.
Online casino gambling is often associated with the term bankroll management. Bankroll managements is a very important thing in gambling that can't be denied. However it is not a kind of process that fits the term "one shoe fits all". Online players vary in types and each type has different corresponding bankroll management. Online players differ in their ability to take some risk, some players don't mind if at the end of their session they've lost their bankroll but they want to win big,if at all, while Other players prefer to win small or lose small just to conserve their bankroll, and there are the types who are in between these two extremes. Luckily, roulette holds many different kinds of bets that can provide for all three types of players. In fact roulette has another advantage, the house edge is common for all bets. Players who loves to take the risk should look for bets that have a payout of 5 to 1 or greater. This category is filled with these kinds of bets: six number bet that pays 5 to1, the street bet which pays 11 to 1, the split bet that pays 17 to 1 and the single number bet that pays a good 35 to 1. To start with the single number bet is not a good idea because the probability of winning is very low, instead start with the six number bets which will also contribute to your good bankroll management. The player should keep track of the time and his chip balanced. The right time to switch to the higher paying street bet is when either the players chip balance has fallen 25% or 25% of the allotted time has elapsed, but the targeted win is not yet achieved, however if the player still meets the target then he should stick with the six number bets. According to the described principle above, the player should keep taking stock of his chips and time before switching into a higher paying but riskier bets. If the player desires to end with big stakes this kind of bankroll management is consistent, but with a great risk of losing his overall bankroll in the process. Players who are not likely to take some risk should settle for the even money bets at the least to start with. These offers the better chance of winning and keeping the bankroll at the same time. There are three bets that this type of player can choose from. First is the red or black, next is odd or even and lastly the first 18 numbers or the last 18 numbers. If a player is fortunate enough to increase his bankroll beyond his expectation then he can reserve a part of his total winnings for the riskier bets. However, if he finds himself losing the allocated bankroll in the riskier bets, he must immediately switch back to the even money bets and continue on the process. The player who wants to be just ion the middle of the two extremes should split their bankroll in two parts. Around 25% of the total bankroll can be allocated to the riskier bets, and the rest should be used for the more conservative bets. In online roulette, a player can place more than one bet all at the same time. The player can place small wagers from the allocation of the riskier bets to place on bets like street, split or single number bets, and a larger wager on the even money bets that pays 2 to 1. If he manage to do well in the riskier bets, he should set aside a part of his winnings so that the original bankroll is covered. The systems mentioned above are indicative and meant to illustrate the philosophy of bankroll management for different types of players with different risk taking propensities. Bankroll management's most important part is that a player should fix both his bankroll and his time before he starts to wager.

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