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Then place your chips on the bet that you’d like to make. What is the Best Online Roulette Strategy? Sometimes betting on roulette isn’t just as simple as a pick between red or black or odd or even. Step 3: Place your bets. Examples are bets on odd or even, red or. Wait for the wheel to stop spinning and see if your bet is a winner. Decide which type of bet you would like to place and place a wager. 11% for European roulette and 7. Either way, you can play penny roulette online and enjoy a very low barrier to. Decide which type of bet you would like to place and place a wager. Professional roulette strategies are capable of achieving edges over 80%. He described this system in his book How to Win at Online Roulette, 2 nd Edition (2007). Updated on Nov. Roulette Betting Strategy Tips for Beginners. Check that metal ball rolling on the roulette wheel! European Roulette. 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