Here's another way to look at it:  Let's say you bet $10 on every number, one bet on each of the 38 spots.  So you've just thrown down $380 in bets.  Only one of those numbers will win, and will pay 35 to 1, so you'll get back $360 (the $350 you won plus your original $10 bet on that number).  You bet a total of $380 but you walked away with only $360, so you lost $20.  That $20 you lost represents the house edge of 5.26% ($20 lost divided by the $380 that you bet; $20 ÷ $380 = 5.26%).
This third best roulette bet was specifically designed for people who like to hedge their roulette bets, or at least attempt to. The Roulette board is an interesting creature and when studied thoroughly, it may help you score big bucks. On the third column of the board, there are 8 red numbers and 4 black, whereas the second column is reversed, holding 8 black numbers and 4 red.
On an American wheel, there are 38 spots: numbers 1-36, plus 0 and 00.  Your odds of winning a one-number bet are 37 to 1 (37 ways to lose, 1 way to win).  But if you win, the casino doesn't pay you 37 to 1, they pay you less: 35 to 1.  The difference between the true odds and what they actually pay you is 2/38, or 5.26%.  You can do this same calculation for the other bets, and it comes out the same.

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Officially, there are three variations of Roulette that exist, American, European and French Roulette. Players may bet on a single or a range of numbers, colors red or black, odd or even, or high (19–36) or low (1–18) numbers. The winning number is thus determined when the ball drops into one of 36 colored and numbered pockets on the wheel or a zero pocket (American roulette utilizes a double zero).
Very quickly the bet size increases. Is there any scientific and viable reason why red would spin next? No. And even if there was, this strategy certainly doesn’t consider it. Simply the odds of red and black spinning are always the same. It doesn’t matter even if you had 100 blacks in a row. The odds of red or black spinning next don’t change. Intermediate players may understand this, but they are stuck thinking that eventually they are due to win. The fact is eventually you will win, but this doesn’t mean you will profit. Why is explained below.
Place your bets. The first six bets are placed on the pockets numbered 0 to 36 on the game table. If you want to bet on column, place your bets on the empty pocket under the three columns. For the dozen, choose the pocket P12 for the first 12 numbers, M 12 for the 12 middle numbers and D 12 for the last 12 numbers. Finally, when you want to bet on the outside bets, use the red, black, even, odd, high or low pockets.
You now have 90 chips from your initial $20 buy-in, so you are doing well. But there is one final step that can improve your winnings even more. Now we are going to bet straight up bets, the highest paying bet on the Roulette wheel. So for this you need to break your 90 chips down into 22 stacks of 4 chips (total 88 chips) and you will have 2 left over for insurance.

You don’t have to be a mathematical genius to excel at roulette but it makes sense to memorise the sort of odds you’ll receive for different bets. Although it’s unlikely that a croupier will make a mistake and underpay you, if you don’t know the odds of the bet you’ve placed, how are you supposed to correct them? Even if you’re only playing online roulette, it still pays to familiarise yourself with the odds you’ll receive for betting on different sections of the table. That way you’ll be able to calculate the possible return and can adjust your strategy accordingly. If you don’t know the difference between zero and double-zero roulette for instance, you don’t know how to calculate your odds and you’re just guessing. Don’t guess – calculate. We’ll show you how.


Put another way, imagine waiting many years to see the spin sequence 1,2,3,4,5. It seems really rare, and you bet that #6 wont spin next. But actually the odds of #6 spinning next are the same as any other number.  Run some proper simulations and you’ll see no matter how you play it, you cannot change your odds by betting that rare events wont happen.


Thanks to the advances of the internet, we now have several different options of how we can play our favorite casino games. As one of the most popular games out there, roulette can be found in almost any live casino and certainly on every online casino out there. While the game is exactly the same live and online, there are several differences that will lead to a bit of a different experience. Here are some of the pros and cons of each of the different ways to play.
Know a bit about the Fibonacci strategy. Leonardo Pisano Bigollo, also known as Fibonacci, was a famous Italian mathematician who discovered an interesting sequence of numbers which are now named after him. The sequence goes as follows, with numbers generated by adding the last two digits together: 1 - 1 - 2 - 3 - 5 - 8 - 13 - 21 - 34 - 55 - 89 - 144 - 233 - 377 - 610.[7]
Money Maker Machine – Probably not the most appropriate name, but this is a a collection of automated software programs that are far more user configurable than any other software program. In some cases, the only limit to the systems these software programs can use is your imagination. These are the best software programs available, but that doesn’t mean they will win.
Your first bet is $10 (or whatever your normal bet size is) on one of the even-money proposition wagers. If you lose that bet, you go to $20. Now, you sit out two spins; correct, you do not bet. After two sit-outs, on the next spin, you will increase your bet to $40. If you lose that? You quit and go back to your original bet. You’ve lost $70 on this sequence.
Roulette was probably the first true casino game and was likely introduced in the middle ages. Noblemen attempted to beat roulette with various roulette systems of play. If we had a time machine we could go back and tell them that the systems they invented and used, while fun, just couldn’t give them a true mathematical edge over the casino. Luckily the peasants didn’t play in casinos because, well, after all they were peasants.

It’s important to note that you don’t have to guess the number exactly, but you can guess characteristics of the number and still get paid. For example, if you choose to bet that the number rolled will be odd, you will get paid if the number determined by the white ball is odd. It doesn’t matter to you if it’s 13 or 31; you will still get paid on your bet.
One last example:  You're betting on #27 every time, because that's one of your lucky numbers.  We expect it to come up once every 38 spins on average.  Luckily for you, it comes up on the 15th spin, making you a tidy profit.  Should you now start making other bets instead, on the assumption that #27 won't hit again soon because it just hit this time?  No.  You can certainly switch to another number if you want, but that won't improve or worsen your chances.  The chances of #27 coming up on a given spin are the same, whether it just come up on the last spin or not: 1 in 38.  I've seen roulette numbers repeat plenty of times.
All the betting strategies in this book and all the variations that individuals have created over the years to these betting strategies just can’t overcome the house edge. That edge is ingrained in the game. This chapter will explain how the casino shortchanges players on the odds or wins more decisions than the players. Short pays create the conundrum called casino odds versus true odds. An excellent way to manage your betting levels is to consolidate your bets.
Making a bet is easy:  just place your chip(s) on the number(s), color, or sets you want to bet on.  For most bets it's fairly obvious—you can't miss the Red diamond for Red bets, and things like Even, 1-18, and 1st 12 are written out in plain English.  I've added blue circled letters to the picture below to point out how to make the not-so-obvious bets (the sets of 2-6 numbers). Here are the different bets you can make and the payouts for those bets.
Very quickly the bet size increases. Is there any scientific and viable reason why red would spin next? No. And even if there was, this strategy certainly doesn’t consider it. Simply the odds of red and black spinning are always the same. It doesn’t matter even if you had 100 blacks in a row. The odds of red or black spinning next don’t change. Intermediate players may understand this, but they are stuck thinking that eventually they are due to win. The fact is eventually you will win, but this doesn’t mean you will profit. Why is explained below.
Assuming that the possible bets are all understood, Roulette is essentially a trivially simple game to play. For each turn, once all bets have been placed using coloured chips to distinguish each player, the croupier halts betting, spins the wheel, and rolls the ball in the opposite direction. When the ball comes to a halt in one of the slots, the croupier announces the result, collects all losing bets and pays out the winner's profits.
Roulette Computers – These are cheating devices that, realistically, can only be used in real casinos. Without doubt, the use of an effective computer is the best and easiest way to win at roulette, but finding such a device is difficult. Then there’s the fact that in many countries and jurisdictions, they’re illegal and you will end up in jail for using one, so for this reason, we can’t recommend them.
Disclaimer: Gambling is a game of chance and there's no sure-fire formula that guarantee winnings. You can improve your winning chances by using the right in-game strategies but there is no way to predict when a machine or a Casino game is going to pay. Also, this page contains affiliate links. If you click through and play, we might earn a commission. That’s what allow us to keep CasinoSmash free and bring you the best online Casino bonuses!
You can get your chips in different monetary denominations. When you hand the dealer your chips, he or she will ask what denomination you want to designate your chips. If you're at a $5 minimum table, you could make them $1 or you could make them $100 (or anywhere in between). Once you've chosen, they'll place a chip on top of the rail, with a marker on top of that to indicate your colored chips' value.[5]
If you plan on playing roulette, and want to look cool, then learn and practice the following strategies for best results. There are several strategies that people use for roulette, including the Martingale strategy, the James Bond strategy, and the D'Alembert strategy, among others. Although each of these strategies has its merits, none of them is guaranteed to make you money. In fact, all will lose money in the long run, so know when to quit. But read on to learn how!
Some scammers will attempt to convince roulette players that betting trends can actually give them an edge even though the game is random. This section will explain why that can’t happen. Players should understand the bottom line of betting into a random game that has a house edge and that is – the house has the edge! Not too hard an idea to assimilate.
In North America and the Caribbean, roulette wheels have a double zero, and all bets (except a direct bet on the selected zero) are lost when either zero turns up. The result is significantly poorer odds for the punter and an increase in the Casino's cut. This is probably why in this region, Roulette is less popular than it is in other parts of the world.
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