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Martingale is a strategy of doubling your bet after every loss. If you lose, you will bet twice as much to recoup your previous loss. However, this strategy requires you to have a large enough bankroll to avoid running out of money when you have a long losing streak.

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In addition to strategy, knowledge of probability is also important when playing roulette. For example, when playing European Roulette with a wheel with 37 slots (numbers 0 to 36), the probability of a particular number appearing is 1/37, or about 2.7%. This means that in the long run, you can expect your winnings to be in line with this probability, but in the short run, you will see huge fluctuations. Therefore, it is important to play patiently and have a long-term plan.