Plenty of massive wins have happened through land-based roulette. Here are some of the biggest roulette wins to take place in brick-and-mortar casinos:
- Newcastle owner Mike Ashley won £820,000 at London’s Mayfair Casino in 2008.
- Ashley Revel bet $135,300 on red (red/black) and won.
- Brazilian businessman Pedro Grendene Bartelle won $3.5 million in a single round (multiple bets).
As you can see, roulette can be a big-money game when played in land-based casinos. Online roulette, on the other hand, doesn’t have the same big-win reputation.
This game features extremely low stakes that start at just $1 per wager. Therefore, most people who play online aren’t betting and winning big.
Nevertheless, internet roulette can deliver large wins under the right circumstances. You can keep reading to find out what kind of payouts are possible through the online version.
Different Approaches to Winning in Online Roulette
One of the best aspects of real money roulette is that it offers a large variety of bets. You can place even-money wagers or take bigger chances on single numbers and splits.
Therefore, you have a large degree of control over the odds and potential payouts. You can place small bets and still win lots of money on a single number (35:1 payout), for example.
In contrast, you can also place safer wagers when willing to take a smaller payoff. For example, red/black only pays even money (1:1).
Of course, you can still win big when placing even-money wagers. You just have to risk more funds when doing so.
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The strategy you choose to win largely depends upon your bankroll. If you only have $50, then you won’t get far with bets that offer the highest chances of winning. Instead, you’ll need to make riskier wagers in search of big winnings.
A $50 bankroll can, however, help you win major money under certain circumstances. As I’ll cover later, you can chase large progressive jackpots with a small amount of funds.
In summary, no shortage of routes exists for going after big money in online roulette. The various strategies covered throughout this post can all result in large winnings with some luck involved.
Of course, you may not seek riches through internet roulette. Therefore, you’ll also find strategies for simply improving your chances of winning any kind of profits at all.
Straight Betting With Low Odds
Straight betting refers to when you risk the same amount in every round. For example, you might wager $5 in each round.
This approach provides two advantages:
- You stand better odds of winning each wager.
- You can place consistent bet sizes.
Of course, the downside is that you don’t enjoy as much win potential with this strategy. You need to risk lots of money to truly cash in on straight betting with low roulette odds.
$1 wagers won’t cut it if you want to win serious money. You’ll need to risk at least $50 per bet or rely on hot streaks to win serious money.
Nevertheless, you might still consider straight betting with low odds when looking to minimize risk. Here are the main wagers to concentrate on with this approach (based on European roulette).
- Column – 2.08:1 odds, 2:1 payout
- Dozen – 2.08:1 odds, 2:1 payout
- Odd/even – 1.06 odds: 1:1 payout
- Red/black – 1.06 odds: 1:1 payout
- High/low – 1.06 odds: 1:1 payout
Straight Betting With High Odds
In contrast to low odds, high odds give you a lower chance of winning bets. Therefore, casinos offer higher payouts for such wagers.
Here are the roulette wagers with high odds and big payoffs:
- Single number – 36:1 odds, 35:1 payout
- Split – 17.5:1 odds, 17:1 payout
- Street – 17.5:1 odds, 17:1 payout
- Corner – 8.25:1 odds, 8:1 payout
- Six line – 5.17:1 odds, 5:1 payout
The obvious advantage to this strategy is that you can win more money with a smaller bet. You could wager just $10 on a single number, for example, and collect $350 by winning.
The big downside, though, is that you’ll face higher volatility. You’ll normally go many rounds before winning some of these wagers.
That said, you may want a large bankroll before adopting this strategy. Otherwise, you could run out of funds in a rather short amount of time.
Roulette Casino Betting Systems
Roulette is one of the most-popular games for casino betting systems. Given its basic gameplay, many like using a system to inject more strategy into the matter.
Lots of different types of roulette systems exist. They differ based on their complexity and whether they involve increasing bets after wins (positive progression) or after losses (negative progression).
The Paroli is an example of a positive progression system. It requires you to double bets following every win. However, you stop and go back to the base wager after three consecutive wins.
Here’s a look at the Paroli in action:
- You win a $10 bet.
- You lose a $20 bet.
- You win a $10 bet.
- You win a $20 bet.
- You win a $40 bet.
- Restart at $10.
The Martingale is the most-famous example of a negative progression strategy. You begin using this system by flat betting until a loss. At this point, you continue doubling bets after every loss until winning.
Here’s an example on using the Martingale:
- You lose a $10 bet.
- You lose a $20 bet.
- You lose a $40 bet.
- You lose an $80 bet.
- You win a $160 bet.
- Restart at $10.
The Martingale’s big advantage is that you can eventually win back losses plus a small profit. The downside is that you could lose an extreme amount of money during a long drought.
Roulette systems aren’t perfect strategies. No gambling system in existence will overcome the house advantage.
However, they do help you capitalize on hot runs or at least minimize losses during cold streaks. You just need to be comfortable with the outside chance that you could accelerate losses when things aren’t going well.
Betting Single Numbers
As covered before, single number bets are the riskiest propositions in roulette. They call on you to take a leap of faith by making wagers with 37:1 odds (American roulette) or 36:1 odds (European) that pay 35:1.
On average, you’ll be waiting dozens of rounds for one of these wagers to pay off. Even if you bet on multiple numbers, you still won’t win with any great frequency.
Here are examples on how much you stand to win with different bet sizes:
- $1 = $35 payout
- $10 = $350 payout
- $100 = $3,500 payout
- $500 (max allowed at most online casinos) = $17,500
You likely won’t be wagering $100, or especially $500, on each number. But you can at least get an idea on the serious win potential that single number bets offer.
Progressive Jackpots
Roulette Royale is the only online game that offers a progressive jackpot. Strangely enough, it has only delivered one jackpot in its history.
But this single payout is quite significant at $440,350. Therefore, Roulette Royale is the easiest way to win big without relying on a hot streak or high-roller play.
This game works much like any other online roulette variation. You place chips on the table and spin the wheel when you’re ready to play.
The key difference, though, is that you must also place a small side wager when playing. This side bet makes you eligible for four different jackpots.
Here are the available prizes:
- Same number on two consecutive spins = $15 jackpot
- Same number on three consecutive spins = $200 jackpot
- Same number on four consecutive spins = $3,000 jackpot
- Same number on five consecutive spins = Progressive jackpot
You can see that the progressive jackpot is definitely the prize to win. The bad news, though, is that it only gives you 1 in 1,874,161 odds of winning.
Realistically speaking, you’ll need to make countless wagers to win this prize. Then again, you can place small bets and hope to get lucky.
Can You Win Money On Online Roulette Game
Casino Bonuses
Most internet casinos offer online bonuses. You simply need to deposit the minimum required amount to qualify.
After depositing, you must satisfy terms and conditions before withdrawing the money. Once you meet T&Cs, the money is all yours.
Rollover (a.k.a. playthrough) is the main term to consider when looking for a great roulette bonus. It determines how much you need to wager before cashing out.
Here’s an example on rollover from a favorable roulette bonus:
- You qualify for a $100 bonus.
- Rollover is 60x.
- 100 x 60 = $6,000 must be wagered
- You play French roulette (1.35% house edge).
- 600 x 0.0135 = $81 in theoretical losses
- 100 – 81 = $19 theoretical profit
The $19 profit isn’t tremendous by any means—especially if you have to wager $6,000 to get there. Furthermore, these winnings aren’t guaranteed but rather what the math suggests that you’ll end up with.
Nevertheless, bonus whoring is a nice way to collect guaranteed profits over time. But it does require a tremendous amount of work for little payoff. I suggest only going this route if you’re looking to make roulette profits as a hobby.
Which Strategy Is Best for Winning With Online Roulette?
The best strategy for online roulette all varies based on your individual situation. Do you have a large bankroll that you’re not afraid to lose?
Then betting high stakes on low odds (e.g. red/black, columns) is a good way to go. This path gives you a stronger chance to win bets and can also pay off due to your larger wagers.
Perhaps you’re only dealing with a $50 bankroll and still want to win big. In this case, betting on single numbers or playing Roulette Royale are both good ways to earn serious money with low funds.
Of course, you may not even be looking to strike it rich through internet roulette. If so, you might have fun straight betting with even-money bets and other low-odds wagers.
Of course, you can also go somewhere in the middle and place reasonable bets with medium odds. For example, corner and six line both offer a mixture of fair odds and large payouts.
Again, everything just relies on your situation. You need to consider your bankroll and risk tolerance. Then, you can come up with a way to make money in online roulette that’s comfortable.
How To Win Money On Online Roulette
Conclusion
You have plenty of different paths for winning in roulette. You may even consider mixing and matching the various options.
For example, you might mix even-money and single-number wagers on every other spin. This way, you can win frequent even-money bets and also take shots at bigger money.
Progressive roulette isn’t a bad route if you have a small bankroll and still want to chase big money. This game also offers smaller jackpots as well.
In summary, online roulette is filled with different strategies for earning money. You just need to pick one or more options and take your chances.