When to Quit the Game of Roulette
In roulette, discipline plays an important role during game play. No matter how much you are winning, there is always a time when you need to quit. Of course, roulette is a game that requires luck for you to come out a winner. However, with a good strategy, you will always have a decent chance of walking away a winner.
One thing you need to know during game play is that the trend can move in your favor as well as the opposite – against your favor. Just like the forex markets, the forex pairs can move either up or down at any given time and this change can happen in a fraction of a second.
Now, when comparing online roulette with the forex markets, it can happen such that you can keep winning consistently and at any given time the trend will change and move against your way at which you can start losing all that you had won.
Therefore, when playing online roulette, you need to know when to exit. Hence, many players would ask, 'when does one know when it is time to exit?'
Set a profit target and stop loss
The situation is pretty simple, you need to setup your stop loss – the total amount you are willing to lose as well as your profit targets – the total amount you are willing to win. Hence, by setting limits, you are able to control your bankroll with ease. You will be able to calculate how much you have won or lost on a particular day and this helps you to eliminate greediness.
For instance, when you have a bankroll of $1,000, you can setup limits as follows – Stop Loss $200 & Profit Target $200. Your Stop Loss would mean that you are willing to lose $200 while playing roulette and anticipate attaining a profit of $200. Hence, given that you lose $200, you should immediately leave the table.
In order for you to have an advantage over the house, you should practice a strategy known as the 'Hit and Run' strategy. This means that when you just hit a win and your profit target is reached, do not fool yourself that today is your lucky day, and continue playing because you will regret.
Therefore, you need to make use of strategies that give you an added advantage over the house. For instance, you need to reduce the odds, mixing bets can be a good way of reducing your risk loss. It's a known fact that the bets that offer high payouts are risky while the bets that offer a low payout are easy to beat. Hence, you can devise a strategy/combination to wager on both the inside and outside bets.
Plan your spins
However, one thing you need to keep in mind is not to keep playing the game. Another effective way is to set the number of spins you ought to play on a given day as well as the bet size. If you have set a limit of 20 spins, if you win on the first spin, you can gradually increase your bet size but when losing, it's best for you to reduce your bet size in order for you not to lose money quickly.
Finally, if you ever feel that things are going out of control, you should consider visiting gamcare.
Play safe and good luck!