High Limit Roulette

You can sum up the whole purpose of a roulette game in a single sentence: the purpose is to try and guess the number on which the ball will stop. The most complex part of the game is learning the ways you can bet and what odds or payouts come with those bets.

The croupier will first clear the table so that everyone can place their bets. You then place your bets by putting your chips on the number you want to bet on or on other designated areas of the table that represent different sets of numbers. The dealer will then announce when players are no longer allowed to made bets in anticipation of the spinning of the wheel. Once the ball comes to a stop and a winning number is clear, the dealer will announce it and place a dolly on the number. The table will then be cleared by the dealer as he collects losing bets, pays out winning bets, and removes the dolly. The process is then repeated.

There are a number of ways in which you can bet. The simplest is to bet on a single number. If that number comes up, you win big. You can also bet on all black, all red, evens or odds, sets of six numbers (called a “six-line”), four numbers (called a “corner”), three numbers (called a “street”), two numbers, dozens and columns. Some of the bets, like “two numbers and a corner,” are made directly on the numbers while the rest have designated areas on the table where you can place your credits.

We’ll cut straight to the chase for high-rollers; the biggest payout you can get on a roulette table is 35:1. You’ll get these odds when you bet on a single number where you’re odds will be 1:37 with a 2.7% chance of winning on European tables and 1:38 with a 2.63% chance of winning on American tables. As you can see, the American tables have worse odds than the European tables with a 5.63% vs 2.7% house edge. Nevertheless, this means that if you bet a £1,000, you could walk away with £36,000!!!

Roulette isn’t just an all or nothing game. With plenty of odds, any high-roller or risk-taker can find a betting style that suits them. Working our way down, the next bet has a 17:1 payout, which means you’ll get £18,000 for a £1,000 bet on any two adjacent numbers. Here, you’ll be playing odds of 1:18. The third biggest payout is 11:1 for a three number street, which means you’ll get £12000 for a £1000 bet. The last really big payout is 8:1, which comes when you bet on a four number corner. The potential payout for this is £9,000.

From here, the odds keep going down until you eventually get to a 1:1 payout, or £2,000 on a £1,000 bet. You’ll get 1:1 odds by betting on either black/red or odds/evens. Remember, you can make multiple different bets in a single round. For example, you could play a certain amount on all odd numbers while also placing a single number bet on 12. This creates a nearly endless range of possible outcomes and odds.

As high-rollers ourselves, we know you’re already wondering about maximum bets and maximum payouts at online casinos. The maximum bets and payouts offered by a casino vary greatly depending on a number of factors such as the casino’s risk tolerance, the individual table rules, whether it’s a high-limit table or a VIP table, whether there are live croupiers, etc. For roulette, it can get even more complicated as different types of bets may have different betting limits.

Roulette betting can start as low as £0.1. However, it’s the maximums we are interested in. William Hill, which is an online casino that’s known for its high-limit live casino, offers bets as high as high as £6,000. However, you may still be limited to a £36,000 payout, which means the highest-stake bet you’ll be able to make with that amount is a six-line for a 5:1 payout. However, you’ll be able to place a £1,000 bet on a single number.

That’s also why different odds have different betting maximums. For special VIP tables and events, however, payouts have been known to reach up to £500,000, even at online casinos. The biggest ever payout was 2,000,000 Francs to Charles Wells in Monte Carlo in 1891. In more recent history, Mike Ashley was the recipient of a massive £1,300,000 (£820,000 profit) payout, which also happens to be the second largest ever.

I know that the high-roller inside of you is already experiencing dilated pupils, a racing heart, and a beating pulse at the mention of the words “all in.” This is the ultimate high-roller strategy that minimizes playtime and maximizes volatility. Unless you have billionaire-level deep pockets, you should decide on a maximum sum of money you want to win (or lose) by the end of the game.

With this figure in mind, your next move is to bet as much as necessary to reach that figure as soon as possible in a single bet. For example, if you want to win £36,000 and you only have £1,000 to start with, you’ll immediately bet on a single number for a payout of 35:1. If you lose, you’ll have to start over again following the same method.

If your total figure to win was £50,000, you would bet until you won £36,000 and then bet it all on a 1:1 payout bet like odds/evens or black/read to pass the mark. This means you’ll inevitably reach odds that will cause you to overshoot your target with high risk. However, it’s definitely a thrilling way to play.

Although the martingale strategy has got a bad reputation among players, this is because it’s a surefire way to lose your money if you don’t have deep pockets. However, for those that can keep playing at high-stakes for a long time, you’re almost guaranteed to win back your money at some point, even though it might not be a huge payout. The reverse martingale is generally considered the safer bet.

To anyone without an appetite for risk, this strategy might seem absolutely crazy. However, the math behind it checks out. How it works is, you make a bet the first round, if you lose, then you make a bet to win back double of what you lost. It’s easy to see how this can quickly spiral into huge bets and huge payouts. For example, if you bet £1,000 on 8:1 and lose, you’ll then need to make a bet with a possible payout of £2,000, let’s say £150 on 17:1. If you lose again, you’ll need to bet to win back £2,300.

If you lose a number of times in a row, you can always make it back if you have the bankroll and betting limits on your side. Lower betting limits on online casinos make it difficult to take this strategy to the max. Another cool feature of this strategy is that you can bet whichever way you want as long as you double your bet every round.

The classic progressive bet roulette strategy states that you must bet ⅔ of your previous payout in the next bet. By doing so, you always put at least ⅓ of your winnings away every time you get a payout. This strategy is best if you want to maximise play time. A corner is most often paired with the ⅔ strategy. However, you can come up with any combination you wish.
Using this classic strategy, if you bet £1,000 on a corner and win, you’ll have £9,000. You’ll then bet £6,000 on the next round on another corner. However, you could also play ¾ progressive bet and pair it with a six-line. If you bet your initial £1,000 for a £6,000 payout, then you’d bet £4,500 on another six-line for a potential £27,000.
This strategy improves on the briefly mentioned shortcomings of the Reverse Martingale Strategy by employing a bit more variation and improvisation on the part of the player. While you bet your entire winnings from the previous round in each successive bet with the Reverse Martingale Strategy, the Progressive Bet only requires that you bet ⅔ of your winnings in any way you see fit.
You can mix your progressive strategy up even more by playing different pairs at different rounds. If you are playing to get to a certain total, you can adapt your strategy even further to reach your goal.