Odds and Payouts
One important thing to realize when formulating a strategy for roulette is the connection between a bet’s odds for success and the accompanying payouts. There are primarily two styles of roulette wheel, European/French wheels that boast 37 numbered slots and American wheels that feature 38. As such, the odds of the ball landing on any particular number during a spin are 37:1 or 38:1, respectively. Because accurately predicting which single number will hit, the payout for a winning single number bet is so high, 35-1.
While it may be tempting to go for the gusto with one of these bets, statistically speaking, it’s usually a fool’s endeavor. Let’s have a look at the best and worst bets to make at the roulette wheel.
Though the safest bets typically pay out less, a basic understanding of roulette odds shows that they tend to be the smartest way to build a bankroll. These more secure wagers, typically known as outside bets, offer the lowest payouts but the best winning percentage. Red/black, odd/even and 1–18/19–36 bets boast a roughly 48 percent winning percentage (depending on the kind of wheel) and a 1:1 payout. Dozen bets (in which players wager on three different sections containing 12 numbers apiece) and column bets are a bit more risky (around 32 percent win percentage) but offer double the payouts, at 2:1.
Keeping this in mind, one winning betting strategy might be to place two bets of equal value on two of these outside bets, with one being on an even money option and the other on a 2:1. This combination can cover around 24 numbers on the wheel, and offers a number of options for double wins and significant payouts.
With roulette being the ultimate game of chance, any bet could potentially be a winner. That being said, there are some moves that players would be wise to avoid unless they prefer to live dangerously. American roulette wheels, for example, allow players to make a five-number bet, which despite offering a nice 6:1 payout, also grants the house its biggest advantage of any wager (a 7.89% edge).
With this 5-number bet as a leading example, it’s best to make the longshot bets (e.g., single number, two number splits, etc.) sparingly so as not to too quickly deplete your betting bankroll while playing roulette at CasinoJR.
All this isn’t to say that you shouldn’t splash around with these types of wagers from time to time. As a matter of fact, some of roulette’s biggest thrills come from hitting a lucky longshot bet that instantly grants you a cash infusion. Nonetheless, these bets should definitely be an infrequent play.