How the CA$150 Betting System Works
The CA$150 strategy is actually a simple system. It’s a flat-betting strategy, and there’s no progression. The bet size doesn’t increase or decrease depending on the outcome of the last spin, so you’re betting on the odds of winning at roulette.
You start with a bankroll of CA$150, and this is the combination of bets you should place:
- Cover two Dozens of your choice (1st, 2nd, or 3rd Dozen) with CA$50 wagers.
- In the remaining Dozen, wager 10 separate straight-up bets with wagers of CA$5 each.
If you’re playing on a European roulette wheel, you will cover all but 3 fields of the wheel. With this bet, you’ve got a 91.89% of hitting a winning number. The chances of a loss are only 8.11%.

These are the 3 scenarios that can happen in each spin:
- If the ball lands in a pocket that you have covered with a Dozen bet, you will win CA$150 in total. This means that you’ll break even - no gain, no loss. This is, statistically, the most likely scenario.
- If the ball lands on a number, you have a straight-up bet. This is a profitable scenario, as you will make a CA$30 profit.
- If the ball lands on an uncovered number. With this scenario, you are down CA$150.
If that happens, you would need 5 winning rounds to recover from a single loss. However, statistically, the odds of making a profit are 27.03% each round with the CA$150 roulette strategy.
The betting pattern of this strategy looks familiar because it’s similar to the 24+8 betting strategy. With the 24+8 strategy, if you encounter a loss, you should increase the wager 5 times in the next spin.
This is how the CA$150 roulette strategy would look in practice:
- Spin 1
We place our bets, and the ball lands on one of the Dozen bets. We win CA$150, but we don’t gain any profit. We even out.
- Spin 2
We place our bets, and the ball lands on one of the straight-up bets. We win CA$180, out of which CA$30 in net profit.
- Spin 3
We win one of the straight-up bets again, and we net CA$30 in profit again.
- Spin 4
The ball lands on one of the three numbers we haven’t covered. This means we lose the entire wager of CA$150. Since we were CA$60 in profit, it means that we’re now CA$90 in net loss.
- Spin 5
This time, we win a straight-up bet. We profit CA$30 from this turn, but we are still CA$60 in net loss.
Testing the CA$150 Strategy for Roulette
To see how the CA$150 strategy performs in real life, we decided to put it to the test. To do that, we created a Random Number Generator in Google Sheets with all the appropriate probabilities. We decided to run the system for 500 spins, and we created four hypothetical players, with each one starting with a bankroll of CA$1,000. Each one of them would bet according to the CA$150 strategy, so let’s check the results:

If you check the graphs, you will see that all of the players were in net profit at some point of the game. Player 3 was the luckiest, peaking at CA$1,480 at one point. Player 1 reached a maximum of CA$1,120, Player 2 reached a maximum of CA$1,210, while Player 4 had the best luck by the 119th spin, when they had a bankroll of CA$1,330.
What we can see is that the strategy is very dynamic. Ultimately, all of them ended up zeroing out and draining their bankroll, but had they stopped playing while they were ahead, they would have finished in profit.
This makes it a high-risk, high-reward strategy that’s best suited for high-rollers who are willing to take risks.
Where Does the CA$150 Roulette Strategy Come Short
The biggest problem with the CA$150 strategy is that it doesn’t work in the long run. The reason behind this is simple: the advantage of the house is inevitable. Progressive strategies like Oscar’s Grind or the Fibonacci cover the house edge by having a progression, which alters the bet size after each loss or win. But with the CA$150 roulette strategy, the odds are fixed, which means that the house will, eventually win.
However, that doesn’t mean that you can’t make short-term gains with the strategy. The bet size is large, so a few consecutive wins may boost your bankroll in a short period, and if you set realistic short-term goals, you can get away with a sizable profit.
Wrap Up
The CA$150 betting system and the 24+8 strategies are virtually the same. The starting bet size and the progression after a loss are the only differences. However, with the increase of the wager, the CA$150 is more dynamic, and major bankroll swings are to be expected.
The strategy has some short-term potential with a winning chance of 27.03% each spin, but the biggest problem is the fact that you need 5 consecutive wins to recover from a loss.
In conclusion, the CA$150 strategy can be effective for the short term if you have the budget to cover the large starting bet, but if you don’t you’re better off with the 24+8 system.