An interesting strategy being use by many roulette players is the Labouchere Roulette Strategy. This strategy is more commonly known as the cross-out system as its basic workings requires the crossing out of the betting strategy as play progresses. This strategy has no mathematical or logical foundation, but is still considered one of the most successful strategies being used today.
The principle workings of the Labouchere Roulette Strategy require the player to prepare a list of numbers prior to starting play at the roulette wheel. This sequence of numbers can be as few as 4 digits, or infinitely as long as the player wishes. There is no set formula that dictates how long the sequence should be, only that there should be an even number of digits in your list. Each number represents a monetary amount that is to be wagered on the roulette table during the use of this strategy. An example of such a sequence can be seen below:
Random Sequence: 362513
The use of these numbers, and therefore the practice of using the Labouchere Roulette Strategy, works as follows – you must now assign a monetary amount that is to be wagered at each round of betting. Be aware that the amount of each wager will depend on the sequence above and assign an amount you are comfortable betting. For the purposes of this example we will assign each unit at £1. For the purposes of this strategy we will use the short sequence of numbers given above as an example. Simply take the first and last digit from the list and add them together. In this case we have the numbers 3+3=6. We have assigned a monetary amount of £1, so our first wager will be £6. This bet is to be placed on any sector of the roulette table offering 1:1 odds or even money. If your bet wins you simply cross out those two digits from your list and move to the next two numbers, which in our example are 6 and 1, and repeat the same formula as before.
If however your bet does not win you simply follow the exact same procedure as your last wager, but add the sum of the last losing wager to the amount to be bet. If the last wager had won, your next bet would be £7, if we follow the same formula, but because the last wager did not win we must add the sum of the last wager to this one, which would make our next wager £13. In its simplest form, this strategy relies on two key factors. If your bet wins, cross out those numbers, If your bet loses, add the last bet to the next one.
Using this strategy can be expensive to play, but as the sequence progresses the possible rewards increase substantially, giving a high probability of a substantial win during the course of any given sequence.