Conclusion
Kavouras Bet is designed to keep the variance low, but in reality it could in fact very well become high. By on average hitting more won rounds than losing ones, the strategy gives off an impression of being a winning concept, but the truth is that it’s never possible to gain an edge over the house.
The strategy heavily relies on any of the five splits frequently being hit as every loss is a loss of eight units, which only a split could cover up. Should we get many losses and miss out on hitting these splits, we could quickly dig ourselves a hole that it might be hard to recover from. Likewise, we could also make quick profits if we’re lucky and hitting one split after another.
Because of this, it’s important not to fixate on Kavouras Bet being a strategy with low variance as the highs could very well become very high, whereas the lows also could become very low. The strategy is therefore best fitting for those who would like a roulette experience out of the ordinary, who would like an easy and convenient strategy to follow and who are well aware that the session could quickly generate a nice profit, but also quickly lead to a great loss.