Author Topic: What kind of money management do you prefer/use in roulette?  (Read 1192 times)

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GIAJJENNO

What kind of money management do you prefer/use in roulette?
« on: April 09, 2018, 07:10:44 PM »
What is the best for you? Firstly to build up, then when you have a large bankroll enough, how do you continue to manage it? It is interesting for me. Or have you some interesting money/bankroll manegement modells?

Thanks.
GIAJJENNO
« Last Edit: April 09, 2018, 07:35:36 PM by GIAJJENNO »
 

Scarface

Re: What kind of money management do you prefer/use in roulette?
« Reply #1 on: April 09, 2018, 08:53:57 PM »
First I start off with low unit bets covering a lot of numbers to grind out small profits.  After profit builds, I risk higher units on a few hot numbers for a higher return.  Continue increasing wages as long as I'm in the profit.

If variance turns against me in the beginning, I switch to a recovery mode.  Keep bets low, and bet on 3 or 4 numbers looking for multiple hits to get back even.  Using a very minimum negative progression
 
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jerome26b

Re: What kind of money management do you prefer/use in roulette?
« Reply #2 on: April 09, 2018, 09:19:26 PM »
Scarface,

does it work long term ? do you have a stop loss using that strategy ? it seems the Drtalos philosophy ... but he got the trick

jerome
 

Scarface

Re: What kind of money management do you prefer/use in roulette?
« Reply #3 on: April 09, 2018, 10:16:32 PM »
Jerome, I've been playing for 20 years so my strategy has changed over time as I learn more.  The closest casino in a 2 hour drive, so when I go I'm gonna play somewhere between 6-8 hours to make it worth my time.

Anyway, to answer your question, yes this has worked pretty well.  If I have a down day, then the losses aren't too bad because I keep bets very low.  But on good days, my wins are very good because I play more aggressive when it's with winnings.

« Last Edit: April 09, 2018, 10:19:44 PM by Scarface »
 

jerome26b

Re: What kind of money management do you prefer/use in roulette?
« Reply #4 on: April 09, 2018, 10:21:57 PM »
Scarface,

thanks for your reply and yes i’m thinking sometimes it could be even more profitable to have a little bit more risky system that can lost (in a controlled way) but that can hit big compared to a system never losing but have a smaller win rate. It depends of course of your philosophy i know DrTalos is émotive and doesn’t accept the loss so his system is good for him but maybe even his system can have a bigger outcome if he can accept a stop loss who knows ...

jerome

 

MrPerfect.

Re: What kind of money management do you prefer/use in roulette?
« Reply #5 on: April 10, 2018, 10:09:35 AM »
Need to understand simple thing.
   Money management is not something you invent out of blue. It's a motivated act of changing your bets based on something.
   Real money management is a strategy specifically designed to beat specific sequences of win/ loss. So... data becomes really needed to design proper money management plan.
   Money management strategy designed for different situation is not optimal .
   Optimal money management strategy is a strategy that makes maximum money in minimum time on specific sequence of win/ loss ... sequence may have slight variations, but overall ratio of w/l should be alike as on initial sequence for wich strategy was designed. 
    There are 2 distinct ways to design money management plans:
   - deffencive... survival for longer time..small winning, reduced risk.
   - offencive.... short time play ( kill), high risk.
 Independently wich way you use to device your money management plan, it has to provide win on the long run. In case of defencive,  many small wins that can cover for rare loss. In case of offencive,  one big win should more then cover few small losses.
  Hope it helps.
 
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