Although roulette is a game of chance you can give yourself a better chance of winning if you follow a strategy when it comes to what you bet on and how much. Newcomers will tend to concentrate on their lucky numbers and although that can work as part of a strategy – or just as a stroke of beginner’s luck – if you want to win more often than not you will have to have a better plan.
As you might guess, the wider the range, the lesser the payout you will receive. For example, if you chose to bet 1-18 and won, you would get even money on your bet. Subsequently, the tighter your range of numbers, the higher the payout you will receive. If you were to bet the two numbers like in our example, the payout would be 17:1, significantly higher.
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.
Prior to rolling the ball, people place bets on what number will come up by laying down chips on a betting mat, the precise location of the chips indicating the bet being made. Roulette is a game of French origin and on a traditional table, the French terms on the betting area are still used even in English speaking areas. However, on most US tables, English terms and a slightly different style of mat are used.
Hand your chips to the dealer. In Europe or France, this person may be called a "croupier." In roulette, you do not play with normal casino chips. If you did, how would you know whose was whose after all the bets are placed? Each person gets a specific color to be able to differentiate between bettors. Even husbands and wives are recommended to separate.
You will either have a positive or negative edge, and waiting for something to happen like a sequence of numbers will not improve your chances of winning. The exception is if the “trigger” is directly related to a sequence of spins caused by physical variables of the wheel and ball. For example, if the trigger was “bet on whatever number that won most in 10,000 spins”, then this is bias analysis. But the “triggers” that have no effect are like “wait for 5 reds in a row then bet black”.
Fibonacci Roulette System – This is an interesting strategy that uses a slower rate of progression than the Martingale by winning back losses over several winning spins rather than one. It’s possible to have considerably more losing spins but still come out on top, providing of course that you don’t go on an extended losing run over a short space of time.
The “house edge” is what enables the casino to profit. An example is the European wheel has 37 pockets, but a 35-1 payout on single numbers. So if you win 1 in 37 as you’d expect with random bet selection, you’d be paid 35 units plus your original bet, leaving you with 36 units. But if roulette’s payouts were fair, you’d be left with 37 units after the 37 spins. Simply the house edge is unfair payouts. And it affects every bet and every roulette strategy. Even when you win, you are still getting paid unfairly.
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.