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Einstein once said the only way to beat a roulette table is to steal money when the croupier wasn’t looking. Many people interpret this as him saying you cannot win at roulette. What he said was about the TABLE, not the game of roulette. Einstein said you cannot beat the table, and he is right.

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To practice at home, print out a roulette table with the double zeros. Get a iPhone app called Pocket Roulette, you use this as your Roulette Wheel.
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If you throw a 7, then you win your Come bet at the same time that you lose your Pass Line bet because as far as the Pass Line is concerned, you just rolled a natural (a 7 or 11 on how to win roulette with small money the Come Out).
The betting table has nothing to do with winning roulette, although almost every betting system or roulette strategy is based around the table. The winning number is determined by the whee and ball alone. The betting table is nothing more than a place to make bets.

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As a casino dealer I learned a lot about how to win big money.

The primary lesson?

Stay away from casinos and invest your money rather than gamble with it. Unlike with gambling, the odds are in your favor when investing.

But even in a casino you can increase your odds of a big score, and without risking much. For example, over the years I saw many people turn $50 into $1,000 or more, while other players had no chance of ever doing that.

What was the difference? It’s all about how they played, as I’ll explain in a moment…

The lesson goes well beyond blackjack and roulette. In fact, there are many areas of life where you can risk a little to win a lot.

But for our purposes I’ll stick to examples involving money, starting with those hopeful (and hopeless) casino gamblers…

How To Win Big At Roulette Or Blackjack

On American roulette wheels (which have a “0” and “00”). the house edge is 5.26%, meaning that, in the long run, you’ll lose about 5.26 cents for every dollar you bet.

So, for example, if you bet one dollar at a time on red or black (which pay “even money” or 1-to-1), you’ll win and lse, but on average you’ll be down 5.6 cents for each dollar bet.

That means that, for example, if you have a $50 bankroll, it will take an average of 950 spins to lose all your money ($50 divided by 5.6 cents).

I ran a fast table, squeezing in about 60 spins per hour. But even at that rate, a player betting a dollar at a time could expect $50 to last over 15 hours (950 divided by 60 equals 15.8).

And that’s exactly what some players did. They sat there endlessly, betting a dollar every spin on red, black, odd, or even (all the even-money payouts).

That’s great if you love the casino atmosphere and want to soak it up for as long as possible without losing much.

But since you can never win more than a dollar at a time, your ups and downs are limited, and even doubling your money is almost impossible.

On the other hand, if you bet “straight up” on a number, and win, you get paid 35-to-1, or $35 for each dollar bet.

A few lucky wins and you might soon have $100 or more in front of you.

Once you have $100, if you place four $5 bets straight-up on four numbers, each time you win you’ll make $160 ($175 on the winner minus the three losing $5 bets). Hit a few of those and you might build up to $1,000 in an hour or less.

Of course it’s more likely you’ll just lose your money faster and go home early.

But if you want the chance to win big, that’s what you have to try. You can’t sit there and bet a dollar at a time on even-money bets.

A similar strategy works for blackjack.

To turn a small bankroll into big winnings simply “parlay” early winnings into bigger and bigger bets. If you’re betting $5 per hand and start to win, bet $10, and then $25 per hand.

Many times I watched a player start out betting a dollar (we had very low limits when I worked as a blackjack dealer) and, after winning for a while, bet $5, $10, or even $100 per hand as he won more.

Note that either way you risk the same $50 (if you choose to quit once you lose that amount), but your only real chance to win big comes when you do one or both of the following:

Make bets with bigger payouts
Parlay winnings into bigger bets

Of course, in the long run those big wins will be eaten up by faster and more frequent losses, since the odds are almost always with the casino.

So enjoy your casino time if you must, but let’s also look at how to apply these principles in areas of life where the odds are with you…

Real Life Small Bets That Can Pay Off Big

What constitutes a “small” bet depends on your particular financial situation, but several of the following examples involve risking nothing more than a few minutes or hours of your time. For example…

Ask For A Raise – Yes, this is a really obvious example, but sometimes we need reminding. A raise of $1 per hour, after all, is worth $6,000 if you stay at your current job for another three years (3 years times 2,000 hours annually times a dollar).

That’s a decent payoff for the risk of a few hours of preparation followed by a few minutes talking to your boss.

Also, unless you’re really in love with your current work, you might risk an hour applying for a higher-paying job once in a while.

Maybe one of these small “bets” will result in a job that pays $3 per hour more than what you’re making.

That’s $9,000 extra over three years.

Bet On Cryptocurrencies – According to Fortune magazine, if you had invested $100 in Bitcoin in July of 2010, by 2017 your investment would have been worth $28.3 million by the end of 2017.

I think most of the 200 or so cryptocurrencies will eventually be worthless, but just in case I invested $200 in about 4 of them two years ago. My $200 investment is worth about $57 at the moment, but who knows what the future will bring?

Speculate With 5% Of Your Stock Portfolio – In his book “The Black Swan” Nassim Taleb, who became a millionaire one day when the stock market crashed and his long-shot options paid off, suggests a low-risk strategy for speculating in the stock market to possibly hit it big. It’s as simple as this: Leave most of your money in index funds a

How To Win Roulette With Small Money