Bitcoin Roulette and Dice Strategies: the most popular systems to win
This article’s purpose is to teach you, the player, all you need to know about Bitcoin Roulette and Bitcoin Dice strategies. All the strategies portrayed below are suitable for both games and players are recommended to read up on, understand them, and choose the ones that best fit their play style.
You’ll find that some of the roulette and dice strategies are intended for a more aggressive play style and others not so much. The players will also notice the difference between the strategies usually emanates from the bet values of each strategy and their consequent progression, be it the raising of that value or the decrease of the same.
Before we get into it though, please realize that all of these strategies are better suited for short term profits, because, and as you’ll see stressed in each explanation, the house always holds an edge against the player, meaning that the odds will always tip in favor of the bitcoin casino on the long term.
Be advised that none of these strategies are miracles sent from the heavens, they have their ups and downs, it is up to the player to decide how much of their bankroll they’re willing to risk, or how safe they want their gambling session to be.
Now without further ado, let’s get to it!
Our aim with this article is to use systems to maximize the winnings and minimize losses. Here are the most famous systems.
Top Bitcoin Roulette and Bitcoin Dice Casinos
The Martingale system is the oldest and most famous betting strategy, so known that even nonplayers have heard about it, even though the name might escape them.
The system is very straightforward, the player will begin the game by betting X amount of credits, if the outcome is negative, the player will then proceed to bet 2X, if that outcome turns out to be negative again then the player will double the bet again, making it 4X amount of credits.
The player is simply doubling the initial bet in case of a negative outcome and continuing to do so in case of sequenced negative outcomes. This strategy will give the player the chance to win back all of the amounts they bet
If and when the outcome represents a player’s win, they will then roll back to the initial bet value of the game.
Bear in mind that this system is risky because doubling the bets every time the player loses can very rapidly lead to the exhaustion of an entire bankroll.
Consider this when using the Martingale System, even if you somehow have access to an infinite bankroll, you’ll still end up losing in the long run.
The reasons are that the casino has, and always will have, a tiny edge that we can call the “house edge”, so mathematically, the Martingale System isn’t bulletproof.
Meanwhile, if you think that with an infinite bankroll you could beat the Casino you are wrong. Actually, it isn’t because we say so but rather we’ve read this report. Basically, they say that even with the infinite bankroll you will still end up losing. Here is why:
- the casino has, even if tiny, always an house edge;
- it’s mathematically proven.
If you are curious, take a look at the whole ledgerjournal.org site, a great source of data-driven information.
The D’Alembert System is a pyramid-type system that was developed in the 18th century.
This strategy is quite similar to the Martingale one, the only difference being that the player will not double their last bet every time a bet is lost but will increase it via increments.
These increments are equal to the value of the initial bet, let me explain with an example:
- An initial bet of 1 is placed, meaning, 1 is our increment.
- In case of a negative outcome, the player will increase the initial bet by the increment, which in this example will be 1(remember this is the value of the initial bet), making the second bet value = 2.
- In case of another loss, the player will once again add another increment to their last bet, so 2+1, making the bet 3.
This goes on until the player gets a lucky draw and wins the bet, which will then lead them to decrease their last bet by 1 increment.
Let’s imagine a scenario where the player utilizes the values of the previous example. If the player wins the 3rd bet, then the value of the 4th bet will be 2. We get to that number by subtracting an increment to the value of the 3rd bet, 3-1=2.
The Paroli Strategy, aka, the Reverse Martingale Strategy.
Well, the name pretty much sums it up doesn’t it?
This system is basically the reverse of the Martingale system, meaning that the bets will be doubled in case of a win, rather than in case of a loss.
It sounds a bit strange because the purpose behind the Martingale System is to get back any credits that were placed on the line and lost, but, when considering it carefully, it kind of makes some sense because if you only double your bet after winning, you’ll be risking money that you have already taken away from the house.
This can be summed up as betting what’s not technically yours yet.
The Parole System does require the player to set a limit on the bets, because, in case of many concurrent wins, the player might find itself betting unsurmountable values, both in terms of bankroll and of any profit achieved.
The Parlay system is one of the simplest roulette strategies players can use. The term Parlay means “accumulator bet” or “combo bet” and can be used not only in a game of roulette but with any other type of betting game available to the player.
Many define the Parlay System as one that lacks any specific mathematical approach, hence its simplicity. When utilizing this system, a player only needs to decide the amount they feel is convenient to place as a bet and also set a limit to the profit the player is aiming towards.
This system dictates that first, players need to decide the size of the bet they want to place, once this bet turns out to be a winner, players will then increase the size of the bet in the next bet and repeat this after each win until the optimal profit previously set is reached. Once that defined profit is reached, players will then roll back to the initial bet value and continue in the same fashion as before.
If the bet placed doesn’t turn out to be a winning one, the players, just like in the case of reaching the targeted profit, will roll back their bet to the initial value, rinse and repeat.
As an example, let’s imagine a player sets their initial bet value at 20$ and the desired profit of 200$. The player will then place their 20$ bet and wins. This means the second bet will be increased to 40$, in case it wins again the third bet will have the value of 80$. Luck seems to be on this player’s side, so the fourth bet will obviously be of 160$ and in case this is again a winning bet, the player will have reached their targeted profit and revert to betting 20$, the same as the initial one.
In case any loss occurs during this process, the player will immediately roll back to their initial bet and try again.
There’s also the aspect of the maximal profit that must be set by the player, so utilizing the example above, let’s say the maximal profit holds a value of 400$, the player will bet 20$ on even numbers and it wins, resulting in a 40$ win, the second bet is placed on red numbers and it also wins, the third bet is then placed on six numbers(a line bet) and if by luck it also wins, the player will have achieved their maximal profit and leave the table where he is gambling at, avoiding any further losses.
Disadvantages of the system
The Parlay System, just like most roulette strategies, is only appropriate when thinking short-term, as it allows the player the possibility of earning a lot without falling for the mistake of exposing themselves to too much risk. In the long term though, the system will lead to a loss of money due to the previously mentioned “house edge“.
Another obvious downturn of this system is the fact that the player will need the luck to be on their side for several consecutive turns, which is not that easy.
One strategy to achieve the maximal profit without it being impossible is for the player to set it at a value that won’t require them to win 3-4 times in a row. The probability of such a winning streak to happen is that of 1/16 and it is considered quite reasonable to anticipate it during a typical roulette session.
The one advantage of this system is that since the player will only increase their bet value in case of a win, the chance of experiencing a spiral of losing bets that grow exponentially in size, for example in the Martingale System, will never happen. The player, even if losing multiple consecutive bets, will never lose more than the initial value, keeping their losses at a minimum. This will mean that the player’s bankroll will probably never come under heavy pressure during any given session. These are the reasons that have this system set as one that doesn’t seem to be losing its popularity, the opposite is in fact true. It usually fits the preferences of a wide range of players with different play styles.
The Fibonacci System
The Fibonacci system is considered to be one of the safest roulette strategies, especially when compared to steep progressive methods like the Martingale. Despite the safeness of this system, it still grants players the chance of winning.
While it still involves a progressive betting system, the Fibonacci strategy doesn’t require a huge increase in bet size. This obviously means that it will take longer for players to come back from a losing streak, but at the same time that losing streak won’t be as staggering as the ones that happen in exponential betting systems.
The Fibonacci strategy comes from the famous Fibonacci numbers – a sequence where the next number you get equals the sum of the previous two, starting with 1.
Here’s how the Fibonacci sequence actually looks like:
1 – 1 – 2 – 3 – 5 – 8 – 13 – 21 – 34 – 55 – 89 – 144, and so on and so on.
The sequence is endless, I mean, there’s an infinite amount of numbers so you could continue this sequence for all eternity and never reach the end.
When using the Fibonacci strategy, the player does not need to start betting at a value of 1, they can start with whatever bet value they feel like as long as they then proceed to follow the logic of the sequence.
How the system works
The Fibonacci system is meant to be used exclusively on even-money bets, meaning it’s best suited for chances of 50%. Using this system on inside bets is no advisable and might end up badly for the player.
With this system, players might notice that the only way to profit is by winning on the first bet and that the second and third bets will only make them even, whereas everything else from there will result in a loss that gets bigger and bigger as you go further down the sequence, but does not worry, there is more to this strategy than meets the eye.
If the first bet is a winning one, simply start the sequence from the beginning again, however, if you’re further down the line, a winning bet will just have the player move back two numbers in the sequence and bet that amount on the next round. This continues until the player reaches the beginning of the sequence(the initial bet value) and therefore leads to a profitable session.
The flaws of the system
The Fibonacci strategy, unfortunately, has the same flaws as every other roulette strategy, it simply doesn’t work in the long term. I mean, why should it be any different? It is simply a sequence of numbers that dictates the bet values the player will place, it doesn’t change the odds, it doesn’t take away the “house edge” so the possibility of falling into a big losing streak is always present and that means that the player will need a considerable amount of luck to recover from it, given the small profit margins this system usually culminates in.
A safe system, but not the most profitable
The Fibonacci system is one of the best ones out there. It’s pretty simple to use, although it might be better for the player to carry around a pen to write down the sequence of numbers and double-check where they’re currently in does allow the player to bet small while still granting them the possibility of winning a moderate amount of money.
It is still recommended to use other roulette strategies in oppose to this one by most gambling strategy’s critics.
The Labouchere Strategy
Henry Labouchere was a wealthy British aristocrat who lived during the 19th century. Known as a politician, a journalist, that owned his own magazine outlet among other business ventures.
On top of all of this, Labouchere was also a big-time gambler – with his preference being roulette.
He was renowned for inventing and heavily utilizing an interesting betting strategy, which is nowadays named after him.
The roulette strategy
This system is a bit more complicated than the previously mentioned Martingale or Fibonacci, but with a bit of practice, anyone can master it. A good side of this system is that it can be used with almost every casino game out there!
The Labouchere is a strategy that is devised to work with even bets – this means that you can use it when betting on Red/Black, Even/Odd, and 1-18/19-36. This is preferable to using it when betting on the inside, which can be rather risky so the best way of using it is to bet on something that has around a 50% chance of success.
If you want to use this system you first have to decide how much you want to win, afterwards, you need to separate that value into smaller numbers whose sum will add up to your set target.
Here’s an example of how a sequence might look like in case you choose to win 10$ in total:
Remember that the sequence you choose doesn’t necessarily need to look exactly like this one, it’s up to you to choose how you want to split the smaller numbers as long as they end up adding to the targeted profit amount.
To start betting, simply take the leftmost and rightmost values of that sequence and add them together, that sum is now your betting value, if we go by the example above, this means the bet value will be that of 2$. In case this is a winning bet, you can go ahead and scratch off the numbers you just added, which will make your sequence look like this:
For the next bet, the process is the same, you take the leftmost and rightmost numbers, add them up and bet that value, in this case, that would be 2+2, meaning the bet would be 4$.
This process repeats itself until you’ve scratched off all of the numbers in your sequence. No one will stop you from creating a new one and restarting all over again.
In the case you lose, you’ll add the sum of the leftmost and rightmost numbers to your sequence, always on the right side of it though.
To show you how this goes, let us imagine that with the sequence 2-1-1-2-2 you lose the bet. This means that to the rightmost side of the sequence, the player will have to add a number 4, which is the value of the sum previously mentioned.
What’s good about this system?
The Labouchere System has the advantage of being very neat and organized unless you mess it up yourself. The numbers always add up nicely and give the player a sense of fulfillment.
With this system, and as long as you follow the sequence correctly, you’ll end up profiting even during a session where the number of winning bets is equal to the number of losing bets and of course if the player isn’t so unlucky that he has an extensive losing streak.
This system has some resemblances with the Martingale strategy, but the progression isn’t close to being as steep. Normal losing streaks aren’t such a big deal because you’re not doubling your bet with every loss.
Issues with the system
Like many other roulette strategies, the problem with the Labouchere starts when the player is faced with a big losing streak. This will turn your sequence into a very long string of numbers that can become troublesome to keep up and unless you end up winning a long streak, the task of scratching off all the numbers becomes unachievable.
Let’s not forget about the “house edge” that the casino always holds, the Labouchere system is good for keeping up tabs on where you are exactly in your win/lose ratio and how your profit is going, but it does nothing that overwhelms the house odds and tips the scale in your favor.
Still, it’s a welcomed strategy that can grant the player some nice winnings.
Variations and Modifications to the strategy
As previously mentioned, the initial betting sequence depends solely on the player, and finding alternative ways of creating it increases the versatility of the strategy and have a major influence on the overall game.
If the player chooses a betting sequence with very high numbers and lots of them, the possibility of winning big with each bet is greater, but the game becomes dangerous for your bets have a greater chance of escalating fairly quickly.
There is one strategy though that might just win the prize for “safest”, known as the Johnson progression, it looks a bit like this:
In this scenario, the initial bet is 1 and in case the player loses, the next bet will remain 1. This makes the betting system a lot safer and keeps your losses pretty short, the downside being that your winnings will also remain small.
In a worst-case scenario, a player that’s going through a long losing streak might end up finding that the sequence is now quite long, making the chance of going through it all quite the challenge.
When faced with this problem, the player can easily break the initial sequence into several smaller ones with lower overall values.
To minimize the impact that this sequence can have on a bankroll the player will proceed to break it into several different sequences:
Once the separation is done, the player simply needs to start betting by using the first sequence, and once that one is over, make their way to the next and repeat for the third one.
As one can see, the numbers on these sequences are nowhere near as scary as the ones on the original one.
The Reverse Labouchere
The Labouchere system is based around increasing the bets when you lose but some people actually concocted a way to reverse this strategy, calling it the, wait for it, The Reverse Labouchere… I know, it’s quite the original idea. This strategy actually increases the bet size when you win, rather than scratching them off.
Here the player adds the sum of the bet at the end of the sequence in case of a win.
In case of a loss, the player erases the numbers they’ve just bet with.
This system will mean that even if you lose, you won’t end up losing a lot of credits because the sequence will get shorter and shorter with every loss, limiting the streak size.
Labouchere is great but it isn’t a miracle
This strategy is good for organizing and setting up your game, but not much else. Again, and as with every other strategy, the odds are still in favor of the house in the long term.
The actual good thing, and even fun, about the Labouchere, is that it might lead to interesting and different approaches to the game thanks to its versatility.
The aspect of crossing and adding numbers to your sequence is also a fun thing to do that will have the players anticipating its completion. It is highly recommendable, but don’t expect miracles.
What is the best strategy to win at roulette?
The best strategy is usually the one that suits the play style of the player, either it’s an aggressive play style that has the players risk more of their bankroll for the chance of winning big prizes or a more passive one where the bet values will be a lot smaller, leading to a safer yet not as “possibly profitable” betting style.
Are there any roulette strategies that work?
Given that the casino always possesses a “house edge”, any strategies will eventually stop being profitable. It’s up to the players to understand this and use the chosen strategy wisely, always thinking about the short-term profits.
One of the most important strategies one can make is quite simple and it doesn’t involve any sort of system. It is simply the managing of the bankroll by setting limits to how much one wants to spend, setting bet limits so that the bankrolls don’t become overwhelmed, and lastly but as important, be wise about the casinos where players choose to play.
CO-FOUNDER & EXPERT GAMBLER
I always have been a gambler and I will continue to be. I love the excitement that comes with playing any game, especially Dice. I have been in the Gambling industry and I am proud of being part. Check my articles about Crypto Gambling and Crypto Analysis. Contact me at info [@] cryptogamble [dot] tips