More than you’ll ever play. Somewhere between 100 to 500 or even more. Most of them use the same few wheels and live video footage provided by another company. So you can often play on the same wheel, but through a different online casino. The casino pays the live-video-provider a fee, but the casino itself is responsible for paying winnings. Although there are hundreds of live roulette casinos online, there are only about 30 different wheels.
Speaking of money, it’s important to note that money management in Roulette is crucial. Though the rewards of landing a 35:1 odd straight bet might seem enticing, the odds are heavily against you. Just keep in mind that before you wager, set yourself a loss limit. It’s easy to get caught up in the thrill of gambling especially with a group of people cheering the ball on, but a loss is a loss, and money should be managed in moderation. Whichever way the wheels of fortune spin, it’s great if you win big, but you’ll also feel better about yourself if you come away from the table with your bankroll intact.
If you tested 10,000 spins, usually you’ll have approximately an even amount of red and blacks. So it may seem reasonable to assume you could check the previous spins and bet on whichever color spun least. Let’s assume there was no green zero for now. For example, say you checked 1000 previous spins and saw there were 600 reds and 400 blacks. So you then bet on black expecting more blacks to spin because of an “evening out effect”.
One way that you can ensure not to lose too much money – especially if you are playing online – is to concentrate on the outside bets. These bets only apply to boxes outside the numbered grid of the betting table and are for red or black, odd or even, or for groups of numbers either in rows or number bands. The odds are not as big but that means that there is more chance of winning.
Roulette games have minimum bets, which will be posted on a placard at the table. Minimum bets work differently for inside bets (specific numbers) and outside bets (everything else). For outside bets, any bet you make has to be at least the table minimum. Inside bets can usually be as small as you like, as long as the total of all your inside bets is the table minimum. For example, with a table minimum of $5, you could put $5 on #14, or $1 each on #14, #27, #8/9, #28/29/30, and #19/20/22/23. Remember that you can bet inside or outside if you like; there's no requirement to bet both on a given spin.
Due to the addition of an extra zero in American Roulette, the house edge is increased to an unfavorable 5.26% compared to its European counterpart. European Roulette has halved house edge due to its use of a single zero, making it 2.7%. If you’re a fan of American Roulette, by all means take a spin; but it’s good especially as a beginner to keep in mind that the house has a greater advantage of taking your money.