Feb 15, 2020
Before you deposit your money and play roulette, there are some things you should know about your chances of winning. Those aren’t always 50/50. In fact, each bet has a specific mathematical probability of winning. Let’s take a closer look so that you can make informed decisions on which roulette to play and what bets to make.
The most popular bets are called even-money bets, which cover half of the wheel, such as red or black, even or odd, 1-18 or 19-36. The chances to win here are almost 50% but not quite 0. You also have to account for the number zero (or double-zero). The payout for these bets is 1:1.
If you play the outside bets, such as Column and Dozen, you’ll cover 12 numbers on the table. You’ll be covering sections like 1-12, 13-24, 25-36, and have your odds set at roughly 32.43%. The payout here is 2:1.
The highest payouts are for inside bets – 35:1 for European. Obviously, the odds are the lowest – 2.70%.
With that information in mind, you can make an informed decision. Your chances to win are definitely higher when placing outside bets, but potential winnings are bigger for inside bets.
What any roulette player will tell you is to find a single-zero European wheel. As you already know from the previous section, compared to the American wheel, the odds on the European wheel are more favorable. Such wheels sometimes come with higher minimums, but you should still choose European over other varieties.
While the percentage difference seems insignificant, you’d want to take any opportunity to improve your odds. Avoiding a double-zero wheel is the easiest way to do that.
There are some systems that claim they can increase your chances for bigger wins. Unfortunately, they are usually subject to gambler’s fallacy, require massive bankroll, and force you to reach the table’s bet limit very quickly.
Here are some of the most common ones:
There is also a debate on how many bets you should make for a given spin. When it comes to betting, there are two plans of attack to choose from:
Finally, let’s round out this guide with a few essential tips for any gambler:
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