Deriv Bot: Digits Even/Odd Strategy — How to Configure
The Digits Even/Odd strategy is one of the most popular on Deriv Bot — easy to understand, quick to set up, and offers interesting possibilities for automated bots.
In this tutorial, I’ll show you how to set up this strategy from scratch, the risks involved, and how to improve it with statistical analysis.
What is Digits Even/Odd?
Instead of betting on price direction (Rise/Fall), you bet on the last digit of the asset’s price:
- Even: the last digit will be 0, 2, 4, 6, or 8
- Odd: the last digit will be 1, 3, 5, 7, or 9
📊 Theoretical probability
50/50 (five even digits, five odd). Deriv’s Even/Odd payout is typically ~95% — meaning you win $0.95 for every $1 staked on a winning trade.
The math of the strategy
If it’s 50/50 with 95% payout, the expected value is negative:
| Scenario | Stake | Win/Loss |
|---|---|---|
| Win (50%) | $1 | +$0.95 |
| Loss (50%) | $1 | −$1.00 |
| Expected value | −$0.025/trade | |
So in 100 random trades, the expectation is to lose ~$2.50. That’s why betting randomly on Even/Odd doesn’t work.
How to tilt the scale
The real strategy is to use statistical analysis of the last digits. Deriv Bot has a native tool called Digit Stats that shows the frequency of each digit in the recent ticks.
The logic:
- If in the last 100 ticks, 60% odd and 40% even appeared
- By mean reversion, even digits are expected to “come back” more frequently in the next ticks
- You bet on Even with an estimated probability above 50%
⚠️ Gambler’s fallacy
Be careful: this logic has flaws. If the generator is truly random, there’s no “mean reversion” in the short term — each tick is independent. The strategy only works if there’s a real statistical bias in the generator, which is hard to prove. Use as an experiment, not a guarantee.
Setting up on Deriv Bot
Open Deriv Bot
Log in to Deriv → Trader’s Hub → Deriv Bot
Configure Trade Parameters
Market: Derived → Submarket: Continuous Indices → Asset: Volatility 100 Index (highest payout on digits)
Choose Trade Type
Trade Categories: Digits → Trade Type: Even/Odd
Set duration and stake
Duration: 1 tick (Even/Odd only accepts 1 tick) · Stake: $0.35 (minimum)
Add the analysis logic
In Purchase Conditions, add the Analysis → Digit Stats block. Use a logic block to compare: if % of Odd > 55, bet on Even
Configure Trade Again
Add stop loss ($5-$10) and take profit ($3-$5). Essential protection.
Run on DEMO for weeks
This strategy MUST be tested extensively. Minimum 500 trades on demo before assessing viability.
Tips to improve
- Use moderate Martingale: 50% increase (not double), max 3 levels
- Stop after streaks: Configure to pause after 5 wins in a row (avoids greed)
- Cap daily trades: 50-100 trades/day is enough
- Test on different Volatility Indices: V10, V25, V50, V75, V100 may behave differently
- Log everything: A spreadsheet tracking each trade is essential
💡 AI to optimize
Ask ChatGPT/Claude: “Analyze this sequence of 100 digits (paste the digits) and tell me if there are statistical patterns I could exploit on Deriv Bot’s Even/Odd strategy.”
🚀 Test the strategy on a free demo account (no risk):
Open Deriv Demo Account →