Roulette Tips from a Guy Who Has Seen it All
by Kenny, Predictem.com
From time to time, we get asked how to win at Roulette. There really is only one way… Roulette is a game of swings. You will be up at one point and down at one point. The key to your success is having the discipline to get up and walk away from the table when you are ahead.
Roulette is no different than any other casino game in that it is for entertainment only as every game in the casino has a negative expectation. This is because every single bet has a vigorish (house commission) built in. You may get hot and go on a winning streak, but in theory, the longer you sit there and play, the more the odds get stacked up against you to come out with an empty wallet. That’s not to say that you can’t win though! I have personally witnessed people walk away with over $20,000 in winnings from one 4 hour session! Again, the key to winning is to know when it’s time to walk away.
If you flip a quarter 100 times, the odds are that it’s going to be heads 50 times and tails 50 times. It may very well go heads 60 times and tails 40 times, but over the course of 1000 flips, it will be very close to even. Odds are odds and there are no strategies to beat them.
in Roulette, each bet has that built in house commission that we talked about, not to mention the two green numbers (0 and 00) that skew the percentages. Many people think that betting on black, red, odd or even are 50% propositions, but they aren’t! Your chances of hitting any of those four bets in American Roulette is 46.37%. Theoretically, you will lose 5.3 cents per every dollar that you risk/bet. This doesn’t seem like much but it adds up over time.
If you’re confused, here is a simple example for ya that will show you the house advantage. If you put $1 on every number on the game (American Roulette that has 0 and 00). you would be tossing out $38. You have every number covered so you will be a guaranteed winner. When the dealer pays you, you will receive $36 back, resulting in a net loss of $2.
To many people’s disbelief, the red, black, odd, even bets are no safer than betting on an individual number as the house advantage is exactly the same. Over time, a player will lose 5.3 cents per $1 risked. While a win on an individual number is more sparse, it’s 35-1 payout is substantially more than the even money a player gets for hitting the 46.37% proposition bet.
Roulette is an exciting game. Hitting a number at 35-1 odds and seeing a mountain of chips pushed your way is a heck of a thrill. Just make sure that you consider walking away a winner should that stack get high enough to where you’re having a hard time seeing the table! Good luck!