Looking at the faces in a crowded qualifying room for Texas Holdem, I can tell that the average gambler would have no idea of what Im talking about when it comes to the above title. The new generation of gamblers are much too young to even have heard of the guy who broke the bank in Monte Carlo in roulette.
I wasnt even born when this occured, but the song that was written about it led me to learn more. His name was Charles Wells. He was an Englishman who went to the casino in Monte Carlo sometime in July of 1891 with 10,000 francs with the intention of winning at roulette ( the french wheel of roulette) and within a few day had won a cool million dollars. He returned some four months later and won another million. His third time around, the following year, he lost it all.
Resorting to trickery or cheating, he was later imprisoned and in time died broke. Hes the guy who gave Monte Carlos casino its world wide fame. He later admitted that he had no roulette system, and that it was all a run of luck.
In any event, roulette is no doubt the ideal game for systems as long as you are not using a mechanical device for counting (in other words trickery). But keep in mind theres no such thing as a certain system that guarantees a certain win, not even in roulette. In gambling, no matter what the game, the house always has the percentage in its favor.
How to beat roulette is rather simple, but involves practice, practice, and more practice away from the table, until you get it right. The key is to know the roulette odds, have a cool head, and play in partnership with someone else who practices, is cool, and knows the odds as well. Because there is a many ways of betting in roulette, and the long pauses between roulette wheel spins, there is time to write down numbers and try to make sense of the sequence of numbers, so people think they can figure this out. Wrong.
This is not the way youre going to figure out how to beat roulette. The object of roulette systems, is not to anticipate what is coming up next, but rather to have a betting plan mapped out to take advantage of both the common and uncommon numbers according to their payouts. Therefore, two players or more playing as partners using the same system, can all make a profit betting on opposite chances. So practice on a home version of roulette until you get it right.
Its also crucial to understand the amount of capital youll need to operate any roulette system, to b e successful. Its pointless to use a system if youre going to be wiped out the first time you hit a bad run of two or three rounds. And, trying a system right at the casino without first practicing it, will bring you financial disaster. At least for the amount of capital you were planning to play with.