What you’d really love to do when playing online roulette is get a nice winning streak going so that you can build your bankroll up. Naturally, in any game where you’ve got a negative overall expectation to your play, like roulette, you’ve got to be aware of the kind of chance you really have to run up a streak.
Naturally, it’s kind of silly to think you could actually lay money down on a single number and win a bet like that three or four times in a row. So when we make an analysis of the situation, we are looking at the bets that don’t operate on 37/1 odds, but instead have closer to an even money chance of helping our ship come in.
Roulette wheels do not operate with artificial intelligence nor do they have any way of remembering which past numbers have hit. Each spin is an independent event that is not controlled by past spins.
Why is this? Well, any gambler who has played in casinos for a while will know that the improbable can and will happen in any game, on any given night. We have heard from players who have seen red appear more than twenty times in a row, and there are undoubtedly many more players who have seen black, odd and even numbers streak in a similar way. In such as these cases, if you bet with the streak and are wrong, you only lose one bet. But if you bet consistently against a streak and it continues, you can be losing money time after time.
Because each spin of the roulette wheel is an independent event, we have no idea when a winning streak will occur, but if we think that we have noticed one getting started, betting with it rather than against it is probably a good idea.