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Odd and Even Betting

There are several different possible bets in Roulette, including the different outside bets. These include whether the ball will land in a red- or black-coloured panel, or whether the number on the panel will fall in the first or second set of 18 numbers that run from 1 to 36. The other outside wager is the Odd/Even Bet – whether the ball will land in an odd-numbered or even-numbered slot.

If the ball lands in the green panels, labelled 0 and 00, in outside bets, you automatically lose. With no 00 panel, European Roulette offers better odds than American Roulette does. With an almost 50% chance of winning they are also the Roulette bets that pay out most frequently, although because they carry less risk they also carry less reward. These are among the easiest Roulette bets to place, and are a great place for beginners to start.

There are a few different betting strategies that can be applied to Odd/Even and other outside bets. It’s a good idea to get familiar with them all and then choose whichever one works best for you. For that reason, we’ve outlined the 3 most common betting plans here. They all operate on the same idea of recouping your losses, and making a small win. All of them will work – if you have enough time and funds to see them through.

Martingale Betting Strategy

Martingale betting strategies were developed among French mathematicians in the 18th century and have become popular with players who like to place measured Roulette bets. They involve doubling your bet when you are losing and halving your bet when you are winning. This can feel counterintuitive at first, but if you bet this way you will eventually win, recoup all your losses and make a small profit. If you bet 5 coins and lose, then bet 10 so you have 15 on the table and win, you will get 20 coins back. That means you get the 15 that you bet, and 5 as a win.

Fibonacci Betting Strategy

The Fibonacci betting strategy is based on the Fibonacci numbers sequence, where each number is the sum of the 2 that came before. It starts at 0 and then proceeds to 1, 1, 2, 3, 5, 8 and so on. When you’re betting on Odd/Even numbers in Roulette with the Fibonacci method, you move to the next number up whenever you lose, and returning to the beginning of the sequence when you win. This also allows you to recoup your losses and make a small win, and also requires that you have enough money to see it through.

D’Alembert Betting Strategy

French mathematician D’Alembert asserted that when there are 2 possible outcomes to an event, over time they will occur the same amount of times. The Roulette betting strategy also works on increasing and decreasing your stake as you lose and win respectively, so that you recoup and win small returns over time.

In the case of the D’Alembert system you decide on your own initial stake and the unit you will increase or decrease your bet by. You also choose an odd or even outcome as a starting point. Then, if you lose you increase your bet by the unit amount you settled on. Do this until you win, when you need to decrease your bet by the same unit.