Winning At Roulette At The Casino
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- The Odds of Winning at Roulette. An America roulette wheel has 38 numbers on it—the numbers 1-36 (inclusive), a 0, and a 00. Calculating the odds of winning a bet on any single number is simplicity itself—you have one way to win out of 38 possible outcomes, which makes the odds of winning 37 to 1. This bet pays out at 35 to 1 odds.
Casino games appeal to a percentage of the population that sees any game involving prizes as a challenge. People who think they can win at roulette using a secret system are the same sort of people who buy lottery systems. Winning at roulette requires nothing more than luck. There’s no sure way of winning at roulette.
Roulette Winning Strategies
Roulette is a negative expectation game. That means that over time, if you play long enough, you will lose money. All casino games, roulette included, stack the odds against the players. They do this by making sure they pay out at odds that don’t equal your odds of winning. For example, a bet on a single number at the roulette table pays out at 35 to 1. That sounds like a large win, but since the odds of winning are 37 to 1, the player is getting the worst of it.
Casino Roulette Winning Number
This is why roulette winning strategies, the kind advertised in eBooks and on sham roulette advice websites, always fail in the long run. The casino makes its money back thanks to the built-in advantage of the rules of roulette.
An Easy Way to Double Your Roulette Bankroll
The house edge on a 00 roulette wheel is 5.26%. For every $1 million that's bet at the roulette tables in a casino, the management expects to pocket a profit of slightly more than $50,000. Play European Roulette, not American Roulette. The American Roulette wheel has an extra slot, 00, which slightly decreases the odds of winning. If you are given both options, choose European Roulette to increase your likelihood of winning. The house edge on a European wheel is on 2.63%.
The best way to double your money in a negative expectation game like roulette is to bet your entire bankroll once, on an even-money bet. In roulette, this means betting on red or black, even or odd, or high or low. You have a 47.36% chance of doubling your money on that one bet. The casino has a 52.64% chance of winning your money.
This is still a negative expectation bet, but you’re more likely to double your bankroll this way than if you made ten separate bets. When the odds are in the house’s favor, the more bets you make, the more likely it is that the house edge will chip away at your bankroll and leaving you a loser.
To keep things simple, let’s suppose you have a $500 bankroll, and you make one bet on black. Let’s also assume that your buddy makes two bets of $250 each. Which one of you is more likely to leave the casino with $1000 in his pocket?
For your buddy to double his money, he has to beat the odds twice. You only have to beat the odds once.
Why Roulette Systems Fail
Endless online books and systems exist promising to teach you roulette gambling systems that give you an advantage. No betting system can affect the game’s odds. Roulette wheels are set up to return cash to the casino, and no system of betting or manipulating your wagers changes that.
Most roulette systems assume that a big losing streak is unlikely. The reality is that the odds of losing your bet seven or eight times in a row are only about 1 in 100. Play 100 roulette session, and you’ll probably lose eight bets in a row.
When you finish spinning, you’ll have to roll over the total amount you’ve won in free spins many times over. Free play sign up bonus real money casino. EXAMPLEYou won $3.69 from 10 free spins on Starburst.
Roulette systems that teach you to hedge your bets by making them smaller and smaller when you lose are flawed mathematically as well. Roulette’s rules are set up in such a way that this style of betting puts you at a disadvantage. That’s because the math that gives the casino an edge is applied consistently no matter how many times you play. Every single wager on roulette faces the same odds of losing your money, so making smaller bets in response to a loss is counter-productive.
You can’t change your mathematical advantage over the casino. Roulette is entertainment, so concentrate on making the game more entertaining. Pace yourself, don’t bet outside your comfort zone, and avail yourself of free drink and food offers from the casino. You’ll have a better time on the floor and the entertainment value of the cash you lose at the roulette wheel goes up.
Bet Maximums and Roulette Winnings
Roulette is a negative expectation game, which is the main reason for strict bet maximums at roulette tables. Roulette wheels make more money and stand to cost the casino less when players spread their wagers out on multiple smaller bets.
Bet maximums protect casinos from big lucky bets. If a guy walks in and bets $1 million on red, the casino has a 48% chance of paying that bet off. It will take a lot of time, players, and bets to win that money back.
Bet maximums in roulette are another reason why some betting systems don’t work.
Winning at Roulette in Las Vegas
Unlike casinos in Atlantic City, Europe, or at tribal gaming sites, Las Vegas casino roulette games are a little tougher to beat. The main reason why Vegas roulette games are tough to beat is that few Vegas casinos offer European-style roulette wheels.
You can find single-zero European-style roulette games at a handful of other casinos, like the Las Vegas Hilton and Paris, but these European games are altered with other rule changes that give the casino essentially the same advantage as the American style game. The standard edge on American games is 5.26% for most bets, about twice as much as the European style game, that offers around a 2.7% edge to the casino.
The only real way to win at roulette is to play the right kind of game (a European single-zero wheel), avoid betting strategies that don’t work, and to try to enjoy yourself while you play. Drink the free booze, look at the beautiful people, and if you’re lucky, you may even win a few bucks at the roulette wheel.
Winning at roulette doesn’t take a magic formula or a secret system. It’s purely a game of luck. So if you’re looking for a secret strategy or surefire way to win, you’ll probably be disappointed by the information on this page. On the other hand, if you’re interested in learning the real odds of winning and what you need to do in order to be a winner, you’ll be thrilled by the info on this page.
The Odds of Winning at Roulette
An America roulette wheel has 38 numbers on it—the numbers 1-36 (inclusive), a 0, and a 00. Calculating the odds of winning a bet on any single number is simplicity itself—you have one way to win out of 38 possible outcomes, which makes the odds of winning 37 to 1. This bet pays out at 35 to 1 odds.
Of course, the single number bet isn’t the only way to win at the roulette table. A plethora of betting options await the roulette player, in fact. These betting options have different odds of winning, but they also offer different payouts.
Another easy example of roulette odds are the even money bets. 18 of the numbers on the roulette wheel are red. 18 of them are black, and two of them, the 0 and the 00, are green. So if you bet on black (or red), then you have 18 ways to win and 20 ways to lose. Your odds of winning are slightly less than 50%. 18/38 is 47.36%. This bet pays out at even odds.
If you’re paying attention, you’ll notice that in both of these scenarios, your odds of winning are less than the payout odds. This is what gives the house an edge over the player. In the short run, anyone can walk away from the roulette table a winner. But in the long run, the house is always going to come out ahead.
So how do you become a winner at roulette?
The Maximum Boldness Strategy
Let’s assume that your goal is to just double your money. How do you maximize your chances of doing that?
The correct mathematical strategy is to make one bet of your entire bankroll, cross your fingers, and hope you get lucky. If you lose, you’re out of money, but if you win, then you’ve succeeded in your goal.
The maximum boldness strategy entails placing a single even money bet and hoping to get lucky. You’ll have a 47.36% chance of doubling your money.
Suppose, on the other hand, that you’re going to place two bets with half your bankroll. You’ll have to win both bets in order to double your money. What’s the likelihood of that happening?
That isn’t hard to calculate either. When you’re calculating the probability of two events happening, you multiple the probability of each event happening. So you would simply multiply 47.36% by 47.36%.
The result?
22.42%
Your chances of doubling your bankroll drop dramatically in that case, don’t they?
Suppose you divided your bankroll into four separate bets. Your chances of doubling your money would drop even further.
47.36% X 47.36% X 47.36% X 47.36% = 5.03%
So if your goal is to double your money, the best strategy is to place a single bet. The more bets you place on any negative expectation wager, the more likely the house edge is to catch up with you.
You might still walk away a winner in this situation, but it will be a smaller win. And you’ll be less likely to double your money.
What about Systems?
Roulette systems don’t work. Most of them involve increasing or decreasing your bet based on the outcome of your previous bet. The idea is that the odds of losing several bets in a row is smaller than the odds of losing a single bet, and vice versa.
The problem with this line of thinking is that you’re not placing a single wager on a series of bets. You’re placing multiple wagers on multiple events, and the odds of each event are independent of each other.
The house’s edge over the player doesn’t change based on the previous spin of the wheel. If you bet on black and lose, then the odds of black hitting on the next spin are still 47.36%. The probability doesn’t change because of what happened previously.
The most common of these bogus systems is the Martingale system, which requires you to double your bet every time you lose. The idea is that you’ll eventually win back your previous losses plus a single unit.
Here’s an example. Suppose you bet $5 on black and lose. On your next bet, you wager $10 on black. You lose again, so your next bet is $20. This time you win, so you’ve won back the $15 you lose on the first two bets, plus $5.
At first glance, this seems like a pretty good system. But it has two problems.
The first is that you’ll eventually hit a losing streak where your next bet will be too high for your bankroll. It only takes eight losing bets in a row to get to the point where you’ll need $1280 to place your next bet. (The progression looks like this: $5, $10, $20, $40, $80, $160, $320, $640, $1280.) And remember—you don’t just need $1280 for the last bet. You’ve already lost $1275 by this point in your betting progression.
If you do win this $1280 bet, you’ll only be up $5, which means you’re making a large wager for a very small return.
The other problem is that even if you do have a sufficient bankroll to cover this kind of progression, all casinos have maximum bets. If you’re playing at a $5 roulette table, the maximum bet is probably $500 or $1000. So you’ll be unable to continue your progression.
You might be thinking, how often will I have a losing streak of eight in a row, though?
That answer is not often, but it will happen often enough to make sure that you’re not a long term winner at roulette.
Roulette Winning Tips
So How Do You Win at Roulette?
In the short run, the only way to win at roulette is to get lucky and walk away. In the long run, the only way to win at roulette is to get even luckier and quit while you’re ahead. The more you play a negative expectation gambling game, the more likely you are to become a net loser.
Does this mean you shouldn’t play roulette?
Winning At Roulette At The Casino Las Vegas
That’s not our point at all. If you enjoy roulette, then play. Just don’t think you can make a living at it by using some mathematically bogus system or strategy. Earmark your roulette money as an entertainment expense. Then play as much as your bankroll allows until you’re no longer having fun.