Tuesday 16 July 2013

Understanding Roulette Odds: The Keys to SUCCESS!

When it comes to games of chance, few are more exciting than roulette. Whether you’re enjoying a spin at a brick-and-mortar establishment or prefer to try your luck at an online casino like Titan Casino, the game is almost always among the most popular offerings because seemingly anyone can win. While roulette may indeed be a game built almost entirely around luck, understanding roulette odds can help gamers make the most out of their situation and maximize their winning potential. At the CasinoJR Blog we’re all about putting players first, so, without further ado, here’s some information about roulette odds that you’ll likely find to be quite useful.

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.

Best Bets

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.

Living Dangerously

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.

1 comment:

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