The odds of you winning will always be 50/50. So you have a 50% chance of LOSING $1, and a 50% chance of WINNING $0.50. You can’t just double bet size after losses, because then all you do is increase the amount you risk. Sure you may get lucky and win, but what happens if you lose? You’ll lose big. So there is no escaping the unfair payouts UNLESS you know which side of the coin is more likely to appear. Then you would be changing the odds of winning. And if you won much more often than 50% of the time, then the unfair payout wont matter as much.
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.
So you’re ready to learn how to beat the house at roulette? Unfortunately, in the long run, the house is going to have an advantage, as is the case with all casino gambling. This does not mean you can’t be a winner and also does not mean you can’t employ a few strategies to give yourself a better chance of winning. Our experts present and analyze some of the most popular betting and strategy methods so you can decide if you’d like to employ them or not.
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.