Roulette is a favorite game for beginners and professional players. Playing roulette for a living is quite challenging because the game highly relies on luck rather than skills. So, if you want to make a living playing roulette, you must be prepared for some things.
The roulette wheel game has been around since the 17th century. It has gone through several revolutions over the past years to become the thrilling and immersive game we have today. One thing that has not changed with time is that the outcomes are purely based on chance.
Moreover, roulette provides numerous opportunities for players to land big wins. The game has numerous bets with decent odds of winning.
Nevertheless, you must have an optimal strategy and knowledge of the rules to be a successful roulette player. Also, your winning depends on the type of roulette table you are using. Some games like European roulette and French roulette have a low house edge and better odds of winning.
Carry on reading to find out how you can play roulette for a living and enjoy big payouts. We've also included a list of some of the most professional roulette players in the US.
How to Make Money Playing Roulette
Many people argue that you cannot make a living playing roulette. In this section, we'll share with you different roulette strategies and tips you can apply to help you earn good money. They include:
Play at Live Dealer Roulette Wheels
Many online casinos have live dealer sections where they offer different variants. Unlike the RNG-powered roulette wheel, these new versions are operated by real human dealers. These dealers are professionals, and the games have exclusive rooms for VIPs and expert players. The benefit of playing live dealer roulette is you get to observe every move on the table. Also, a real human dealer spins the wheel, and payouts are made openly.
Choose European Roulette Wheel
Why European roulette in particular? European roulette is the best-recommended game if you want to profit in the long run. The game has a total of 37 divisions, including a single zero division. The house edge in European roulette is 2.7%, which gives players a theoretical return payout (RTP) of 97.3%. This is relatively higher than American roulette, which has an edge of 5.26 and an RTP of 94.74%. The high house edge is caused by the double zero pockets added in the game. Therefore, you have a higher chance of profiting from European roulette than other variants.
Understand How Bankroll Management Work
Bankroll management is the first thing you must learn to play roulette for long-term profits. Knowing how much to bet and the potential profit you'll make is essential to your success. This is one of the best free roulette systems to apply to any variant. Most online casinos allow players to set minimum bets and time limits; hence it is hard to exceed your set budget.
Use a Roulette Betting Strategy
There are many professional roulette systems you can apply when playing at any online casino. However, it is recommended to create a strategy you can stick to until you make enough profit. Additionally, many professional players recommend using different betting systems to increase winning in roulette. These strategies are divided into progressive and non-progressive, including Martingale, Fibonacci, Paroli, and D'Alembert systems. However, you must keep in mind that these strategies will not guarantee you wins at all times. Online roulette is based on luck, and you can win or lose.
Practice with Free Roulette Games
Online casinos offer many types of roulette games to choose from. The best part is that you can play any game you like for free for as long as you like. Free roulette games are highly recommended if you want to create a strategy that you will use for future games. Additionally, free-play roulette games allow you to learn the rules and other basics before going to advanced real money gaming.
Know the Different Roulette Bets and Payouts
A standard roulette game has two main types of bets - the inside bets and outside bets. In exceptional cases, you will find additional wagers called the neighbor bets. Knowing the different bets you can play, and their possible payouts are essential to winning roulette. Below are the main roulette wagers you should be familiar with:
Inside Bets in Roulette
The betting chips in these bets are placed on the inside part of the layout, and it can be a single or combination of numbers. They include:
- Straight Up Bet Payout odds of 35 to 1.
- Split Bet: Payout odds of 17 to 1.
- Street or Line Bet: Payout odds of 11 to 1.
- Basket Bet: Payout odds of 11 to 1.
- Corner Bet: Payout odds of 8 to 1.
- 6 Line Bet: Payout odds of 5 to 1.
Outside Bets in Roulette
The betting chips are placed on the outside lane of the game layout. They include:
- Column Bet: Payout odds of 2 to 1.
- Dozen Bet: Payout odds of 2 to 1.
- Odd/Even Bet: Payout odds of 1 to 1.
- Red/Black Bet: Payout odds of 1 to 1.
- Low/High Bet: Payout odds of 1 to 1.
Special Roulette Bets
As aforesaid, some roulette variants have special bets that increase your chance of winning. The games have racetracks with additional betting options. These bets are:
- Voisins du Zero
- Le tiers du Cylindre
- Orphelins
Understanding when and how to use neighbor bets will help you beat roulette and boost your bankroll.
How Much Can You Earn from Playing Roulette?
The amount of money you can win from playing roulette varies based on several factors. First, it depends on your knowledge of the rules and the general basics of playing. Also, the type of strategy you employ to beat roulette will determine your profit. The reason many professional gamblers avoid roulette games is that the profit is relatively smaller than other table games like blackjack and poker. Many online casino players take advantage of the biased wheel to make significant profits in roulette. But the amount varies based on the numbers the wheel is favoring. However, many casino operators have learned this trick and upgraded their Random Number Generator (RNG) software.
Famous Professional Roulette Players
There are many pro roulette players who make a living from playing this game of chance. These gamers have developed systems to beat roulette at any online casino. Some of the notable names are:
- Carol Jarecki: Jarecki is a renowned US-based chess organizer. Besides her chess skills, she enjoyed gambling too. She had a remarkable ability to spot faulty roulette wheels and take advantage. She made over $1.2 million before her scheme was discovered.
- Joseph Jagger: Jagger is remembered for breaking the bank at Monte Carlo Casino. He was a textile worker, and he believed that all roulette wheels were unbalanced. He made over $2 million throughout his career.
- Chris Boyd: Boyd is one of the most famous players in roulette history. Unlike other players who relied on a faulty wheel, Boyd's success was based on luck. He managed to make up to $220000 in his career.
- Laszlo Kovacs: Kovacs is a modern-day roulette player. He has made a name for using dubious means to beat roulette. He once hit an electronic device that could predict the outcome of future spins in his shoe. Kovac made over $200000 before his tactics were exposed.
Conclusion
Conclusively, it is possible to make a living from playing roulette, but it is not profitable like other games. The strategies and tips that we've shared can only help to increase your chances of winning big payouts. From our list of professional roulette players, you can see that they existed many years ago. Modern roulette games are built with advanced technology to curb any form of cheating.
