Yes, but it comes at a price. Trying to predict where the ball lands means that you have to closely analyze the spinning wheel which could result in headaches and nausea. In the 1990s this style of play was adopted by gamblers, but many gave up on it due to the effects it had on them.
To succeed with this technique, you have to know the number of bounces the ball will make going from one pocket to the next. You also need to know the direction of the bounces and be able to figure out the numbers that will be in the region where the ball ends up resting. Once you find the numbers, go ahead and bet on them.