Bankroll Management for Roulette

Roulette is a game that has its origins centuries ago and, due to its enduring legacy, remains a popular choice at both online casinos and land-based venues. Through its history, it has become a favourite of many who frequent the casino floor. Those players have developed long-standing strategies that they use to make the most of their playtime. While those strategies can be complex and full of intricacies, perhaps the most important part that underpins any good approach is bankroll management.

But what does that exactly mean, and how can a new player use it to their advantage? We will cover the definition of bankroll management and tips for players of all levels of experience.

What Does Bankroll Management Mean?

At its core, bankroll management is the aspect of a casino strategy that concerns money. More than anything, it is the strategy of how you use your budget when playing roulette.

A player will set themselves a balance that should last them their roulette gameplay without relying on being topped up by further deposits. This is key to improving one’s player experience, given that these are random games of chance that will result in losses as well as the elusive wins that lie at the core objective of the game.

A good bankroll management system will protect players from the kind of excessive losses that can arise when someone is chasing a losing streak. If there isn’t a good approach to bankroll management, a player could lose money that they can’t actually afford to as they stake more and more instead of putting a stop to a losing streak by limiting themselves to a set amount of money that they defined before sitting at the table.

Tips for Bankroll Management

Everyone’s approach to bankroll will be different. However, there are certain things that all players can do, no matter their circumstances. Despite roulette being a completely random game decided by the fall of the ball, there are some universal truths that can be applied. Below are our top tips for bankroll management for players of all levels.

Set Budgets

Firstly, you should calculate the amount of money that you can lose without it affecting you. This will be different for everyone but it’s important that you set out a number and ensure not to budge from it.

This will ensure that losses are always within your means. A good budget will be one that gives you enough room to play without being too overwhelming.

Avoid Chasing Losses

The best players know when they’re on the tilt and the game isn’t playing in their favour. As games are completely random, you may lose a significant number of rounds in concession. It can be tempting to try to make them up by continuing to bet, even increasing your stake in an attempt to claw back your losses, but you should always avoid this.

The reason for avoiding chasing losses is that this process can lead to more significant losses.

Using Smaller Stakes

Opting for larger stakes will quickly lead to you burning out your bankroll due to the random nature of the game. If you’ve set yourself a bankroll of £100, for example, placing smaller bets of £2 or similar will help you to spread your betting throughout the game. Smaller stakes also mean that losing bets will result in a lower hit to your budget.

Knowing When to Stop a Session

You shouldn’t base your gaming on the time you want to play. Instead, having a budget and restrictions in place can help to manage play time and know when to stop. When playing roulette online, you can also use safer gambling tools to set up restrictions.

Avoid the Pitfall of Streaks

Knowing when to stop can seem easy when you’ve reached your budget’s limit or hit the minimum win that you would be happy with. However, roulette is entirely random, and it’s just as likely that your next round will be a loss. With that said, you should always avoid the pitfalls of winning and losing streaks. You might have won in consecutive rounds, however, there is no guarantee that will continue.

Explore Different Methods for Bankroll Management

There’s no one way to approach bankroll management, as every player has their limits. There are a few different ways that you can develop your system and you should look to see what works best for you by assessing each one against each other.

Some people prefer to combine lower stakes with a smaller budget, simply enjoying the process of playing roulette. Others will set limits to avoid chasing losses or getting caught up in streaks. It may even be that you choose seemingly more likely bets like red or black, or even odds or evens, to keep the probability a little more in your favour than if you were to spread yourself thin across the table’s numbers. Neither is better than the other, and they can all be combined to make one overall method, but you need to decide what is best for you as a player.

At the end of the day, these different methods all have the same goal - to ensure that players don’t exceed their budgets and end up losing more than they can afford. If you can create a multi-layered approach, you’re much more likely to be able to keep on top of your funds without racking up unaffordable losses. This is to help create a better gameplay experience.

With these tips and the knowledge of bankroll management, players should be able to effectively control their game approach. With all that said, in games of chance, there are no guarantees, so this sort of technique should be partnered with a sensible approach to playing roulette.