Play on European wheels instead of American wheels when possible. The American Roulette wheel has an extra slot, 00, which decreases the odds of winning. One pocket may not seem like a big deal, but the impact on probability is drastic. On an American wheel, the house advantage is twice that of a European wheel, which means you could lose money twice as fast.
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.
Keep in mind probability is a trend with no short-term guarantees. The real trick to roulette is to get lucky, then quit while you’re ahead. Every spin has a 1 in 37 (for European) or 1 in 38 (for American) chance of landing in a given pocket. Each spin is an individual trial with its own odds but, the longer you play, the more likely it is that you’ll fall into the probabilities that structure roulette.
Roulette – in movies, on TV, and in literature, it’s often depicted as glamorous, exciting, and ridiculously lucrative for whichever character is playing. While winning big at the spinning wheel seems like a fantasy reserved for James Bond and other fictional high rollers, it is possible to minimize risk and win big at the same time by knowing the best roulette bets. It all comes down to the numbers, and how you want to play them.
The argument frequently cited in support of this claim is that the numbers on the wheel will add up to 666, so there definitely has to be something unholy going on. You don’t need to a big fan of Goethe and his Faust to fall in love with the game though, but this theory could come in handy when going through a rough streak. It is always better to blame somebody else for your downswings, especially the devil, instead of taking responsibility for erratic gambling behavior.
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%).
A slightly different type of outside bets are those that pay 2-1 as the odds of winning are just 33%. The most popular version is on the Dozens, where players are supposed to bet on the first 12 numbers, the second or the third. The same goes for the Columns bet, with players being also expected to bet on 12 numbers, with the only difference being the distribution on the betting grid. All outside bet are clearly defined on the roulette table with specific places for each bet.
If real wheels isn’t your thing, by far your best option is Betvoyager’s No-zero roulette. Basically the wheel has no house edge, so during the game the casino has no advantage over you. The only catch is when you win, you pay 10% of winnings to the casino. See the image below and you’ll notice there’s no zero on the table. See a detailed review of here.
It's important to understand that the outcome of the roulette wheel is truly random. If Black has come up for the last 10 spins in a row, the next spin is not more likely to be Red. Black and Red are still equally likely. There's an old saying, "The wheel has no memory." That means it doesn't know what it spun before, and even if it did, the wheel can't select what number comes up out of its own volition. There's more on this in my article Debunking the Gambler's Fallacy.
Remember that the house always has an advantage. Since the maximum payout is 35:1 instead of 37:1 or 38:1, the house always has an edge. Additionally, recall that there's a 0 pocket in European wheels and an extra 00 pocket on American wheels. This means that, even if you pick a “safe” red/black or high/low bet, you still have less than a 50% chance of winning, since 0 and 00 are green (not red or black) and don't count as low in a high/low bet.
A casino without a solid reputation is not worth playing. You should make sure that any casino you are thinking of playing at has a license, external testing for their games, random number generator mechanism, and a great reputation for fast payouts. We like to look for 5+ years of service, which gives plenty of time for any issues to surface online. It only takes a few minutes to perform these basic checks, which can save you a lot of troubles later down the line.
Red/black, even/odd, and 1-18/19-36 pay even money, which means you win the same amount that you bet. (Bet $5, win $5.) The other bets pay more, because they're less likely to win. In fact, Roulette gives you the chance to win 35 times your bet (a winning bet placed on a single number). In this way, Roulette is more like slots: one single bet can win a lot. (It's also like slots in that the house edge is very high.)
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.
This system is often referred to as the Gambler’s Fallacy. It posits that if events are too tilted in one direction --- say heads appearing 80 percent in the first 10 coin tosses --- then tails must hit more to catch up with it since we are dealing with a 50/50 proposition. Even though this sounds reasonable it is not so as I shall explain in this section.
This strategy is designed to win you money when things are going well for you. It is one of the most popular methods of betting although we now call it a “parley.” Just about every gambler knows what a parley is – and how it can make a good night a great night and a bad night a terrible night. Mr. Paroli, whoever he was, discovered it and applied it to gambling. It’s geared to gaining big wins compared to the systems mentioned before which are geared to protecting you against losses..
Leonardo of Pisa, also known as Fibonacci, was a famous Italian mathematician who wrote about a specific series of numbers in the early 1200’s. While the series was around over a thousand years before Fibonacci, the series was dubbed the “Fibonacci sequence” in the nineteenth century. Basically, the sequence is characterized by the fact that every number after the first two is the sum of the two preceding ones. So, the Fibonacci go like this: 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, etc.
This betting option is one of the most diverse offered, with several different options. Basically, instead of just betting on one number, you have the option to bet on a group of numbers. This can be as wide of a range as 1-18 or 19-36, or as tight of a range as picking two numbers like 1 and 2. Ranges in between are also available for players to choose.
Roulette is one of the world’s favourite casino games for a reason. Deceptively simple and yet hard to master, it’s a game that reveals added layers of complexity the more you study it. In other words, if you think roulette involves little more than watching a little ball bounce its way around a wheel while randomly tossing chips at sections of the table, you don’t understand roulette. Sure, you can play it that way, but discerning players know better than that. Discerning players appreciate that there’s a right way and a wrong way to approach roulette.
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.
Those of you have gambled in a casino, even only a few times, have probably stumbled on the Martingale system, even if you didn’t know the word Martingale. You might have even figured you invented it. I know I did. It seems this is the very first concept most gamblers have and it is expressed in the following phrase: “I have to win sooner or later, right?”
If you’re like most players, your strategy would be to use a trigger, then betting progression. A trigger is simply an event you wait to occur before betting. For example, the trigger may be wait for 3 REDS to spin in a row. Your bet would then be doubling bet size until you win. But again this wont work because the odds haven’t changed, the payouts are the same, and all you’re doing is making difference size bets on independent spins.