The Roulette
Roulette offers a bewildering number of betting options, but the bets are actually straightforward enough. In order to make sure you get the correct payout, you’ll want to make sure that you put your chips in exactly the right place on the table. Missing a payout because your chip isn’t in the right spot is a drag.
Roulette payouts are an important part of roulette strategy. They work like this. The odds are stated in the form of x to 1, which means you’ll win x dollars for every dollar you’ve bet. For example, the single number bet offers a payout of 35 to 1. If you win, you’ll get your dollar back plus the $35 for the win.
Roulette was a record label formed by Morris Levy, George Goldner, Joe Kolsky and Phil Khals in New York in 1957, with producers Hugo Peretti and Luigi Creatore as its A&R men. Goldner sold his part of the label to Levy one year later along with his own Rama, Tico Records, Gone Records, End and Gee labels.
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- Roulette is a female DC Comics super-villain character who runs a metahuman fighting place called The House. The title refers to Victoria Sinclair, the show's adaptation of Roulette. It is also the name of the club Oliver goes to in the episode, another nod to the super-villain. Roulette is a game named after a French diminutive for 'little wheel'.
- Roulette variations available: Most casinos will have a US wheel and a European wheel. The variations expand rapidly from there. You can find French roulette, multi-wheel games, mini-wheels design for smartphones, roulette games with progressive jackpots, multiplayer games and live dealer options.
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Payouts on the Outside Bets
On the edge of the table are a series of bets which are “outside” the 38 numbers on the table. Each of these bets refers to a specific set of numbers or colors. If the ball lands on 0 or 00, you’ll lose on any of the outside bets.
The outside bets include:
Red or Black – This bet pays out even odds (1 to 1) if the ball lands on the color you chose.
Odd or Even – This bet pays out even odds (1 to 1) if the ball lands on odd or even, depending on which you chose.
Low or High – This bet pays out even money (1 to 1) if the ball lands on 1-18 if you bet low, or if the ball lands on 19-36 if you bet high.
Columns – The numbers on the layout are organized into three columns of twelve numbers each. A “columns” bet wins if the ball lands on one of the numbers in the column you chose. This bet pays out 2 to 1 when you win.
Dozens – There are 36 numbers on the table, so you can bet on the first dozen (1-12), the second dozen (13-24), or the third dozen (25-36). This bet also pays out 2 to 1.
Payouts on the Inside Bets
You can also bet on specific numbers and sets of numbers on the inside of the layout. These bets win less often, but they pay out more when you do win. The house edge on the inside bets is the same as the house edge on the outside bets.
The inside bets for roulette include:
Straight-up – This is a bet on a single number. It pays off at 35 to 1.
Split bet – This is a bet on any two adjacent numbers. You place the chip on the line between the two numbers in order to make this wager. This bet pays out at 17 to 1.
Street bet – This bet covers three numbers. You place your bet on the line outside of the three numbers in the row where you want to win. This bet pays out at 11 to 1.
Corner bet – Some people call this a square bet or a quarter bet. It’s a bet on a corner that makes a square, and it’s a bet on four numbers. A win on this type of bet pays out at 8 to 1.
The Roulette Soccer
Five-number bet – You can only make one five-number bet, and it’s the only inside bet that offers different odds from all the others. The problem is that it has a higher house edge, making it the worst bet on the table. This bet is on the numbers 0, 00, 1, 2, and 3, and you place the chip on the outside corner line between the 1 and the 0. This bet pays out 6 to 1, but only masochists place this bet.
Six-number bet – Some people call this a line bet. It covers two adjoining rows of numbers. It pays out at 5 to 1.
How Roulette Payouts Give the Casino an Edge
These payouts all have one thing in common—they pay out less than the true odds of hitting a win. That’s why the casino enjoys a house edge of 5.26% on roulette. Your odds of winning are always less than the payout amounts.
The Roulettes Band
For example, the odds of winning a straight-up bet are 37 to 1. There are 37 numbers on the wheel that lose, and 1 bet on the wheel that will win. But the bet only pays out 35 to 1, not 37 to 1, so the house wins more often than it loses.
A split bet offers you odds of winning of 18 to 1, but it pays off at 17 to 1.
I could list all of them, but you get the idea by now. The casino has an unassailable mathematical advantage on every bet. No betting system or strategy can overcome this advantage.
Of course, in the short run, anything can (and often will) happen. This is called “standard deviation”, and it explains why some people walk away from the roulette table as winners. The mathematically true results only come around the closer you get to an infinite number of spins.
So the best way to approach roulette is as a lark. It’s a fun game. You can relax and socialize while you play. But don’t expect to win, because the odds are against you. And if you do win, walk away and smile, because you beat the odds.
Roulette is one of the most popular table games in modern casinos. Although variations on the game have been around for several hundred years, there are now only 3 variations in American casinos.
You’re likely already familiar with American roulette and European roulette. The most recent addition to the table game inventory is Sands Roulette.
Which of these games should you play?
The Roulette Game
How should you bet on them?
What’s the smartest strategy for roulette betting?
I’ll explain all that in this post:
What Are the Differences between American, European, and Sands Roulette?
Although these games have a few other differences, the most significant distinction between the 3 versions of roulette are the number of green slots the wheels contain.
Every roulette wheel has at least 37 slots.
36 of those slots are always numbered 1 to 36, and they’re alternately colored RED or BLACK.
The additional slots are green.
In European roulette there is only one green slot, the “0”.
In American roulette there are two green slots: “0” and “00”.
In Sands roulette a third green slot, “S”, has been added to the wheel.
The green slots are there for one reason:
They make the game’s statistical probabilities uneven.
This is because of the way roulette bets are paid off. You can win anywhere from 35-to-1 (for betting on a single number) down to 1-to-1 (for betting on 18 slots at a time).
The payoffs, called “odds”, are not as fair to you as the actual estimated probabilities of the roulette ball landing on any given slot. This is how the casino makes its money.
In a game of roulette the house should keep at least 2.70% of all the bets players make over time. The casino has no need to cheat the players. In fact, the players often make really bad bets that improve the “house edge”, as that casino profit is called.
One of the other differences between European roulette and both American and Sands roulette is that the European roulette table has an additional betting area. This secondary betting area is used to place specially designed bets. They are more complicated than the normal bets made in American and Sands roulette. I’m going to ignore this section of the table, because I’m going to show you how to place bets that have the best chances of paying off.
Is There a Winning System for Roulette?
Everyone who gets into roulette sooner or later starts to think about how they can “beat the system”.
I’m going to be honest here:
There is no way to do that.
The green slots on the wheel make it impossible for anyone, anywhere, to ever design a betting system that is guaranteed to win. If you really want to guarantee yourself a win every time, then put a chip on each of the 2-to-1 outside bets and on each of the green number bets.
That’s the only way you’ll be paid money every time the wheel spins.
You’ll also go broke.
You may have heard about a system called the Martingale System. It’s a popular betting system with new roulette players.
Experienced roulette players just turn their heads and roll their eyes when someone mentions the Martingale System. The only way you can make money with the Martingale System is to write a book about it and get people to buy your book.
Even that’s a gamble, though, because most people now know that the Martingale System promises more than it delivers.
Here’s how this system works:
You start out betting the minimum. If you lose, you double your bet. If you win on your doubled bet, you go back to betting the table minimum. If you lose again, you double the size of your bet again.
This sounds great to inexperienced bettors but the problem is that you’ll either run out of money or hit the table limit before you can recoup your losses as they add up.
The Martingale System is a sucker bet, plain and simple.
Every betting system in every form of gambling tries to leverage probability theory. The Martingale System and other roulette betting strategies also rely on probability estimates.
But there’s a flaw in the thinking behind these systems. If you account for the flaw you’ll be okay. You won’t always win but your expectations will be more reasonable.
The secret to not going broke when you gamble is to set reasonable expectations and maintain your self-discipline. You should never drink or take drugs when you gamble. They lower your inhibitions and impair your judgment.
You might as well just hand your money over to the casino at the cashier window and say “keep it” if you’re going to drink or do drugs when you gamble.
How Do Probabilities Work in Roulette?
Probability theory came out of statistics. It tries to give us rules by which to guess what happens next in any situation. The guesses are seldom accurate predictions. Sometimes the guesses work out, and sometimes they don’t. Gamblers love probability theory because they think it helps them pick the best betting strategies.
You’re actually more likely to double your money during a roulette session if you put all your money on a single bet. The more bets you place, the less likely it becomes to double your money.
That’s because every bet brings you close to the long term expectations. The closer you are to the short term, the more likely you are to get better than expected results.
In roulette, the probabilities are simple. The dealer spins the wheel and releases a ball that whirls around the outside of the wheel and finally settles in a slot. With only 37 slots on a European roulette wheel you have a 1-in-37 probability of the ball landing on a specific slot.
This probability never changes.
This probability is calculated on the basis of all the known possibilities.
What probability theory cannot do, however, is predict where the ball will stop.
The Roulette Society
Nor can it predict whether the ball will land on red, black, or green any number of times over the next 100 spins.
Nonetheless, a lot of gambling guides tell you that you have the best chances of winning if you do this because of such-and-such probabilities. And many of these guides warn you that there is no way to predict the future, but by setting the expectation that the ball will land on red about 47% of the time, these guides are making predictions and promises they cannot keep.
The Roulette Killer
They’ll even back up their claims by talking about how to run computer simulations for 1 million spins of the wheel so that you see how often the ball lands on red, black, or green.
In the real world the Probability Fairy is always on vacation. She’ll never be there to wave her magic wand to make things happen the way experts say they should. The ball could land on red over the next 20 spins. Or it could land on black or green or some random mix of color combinations.
You have no way of knowing how many of the next [X] spins will turn out a certain way. Talking about probabilities in this way is just dishonest.
What you can do is look at the wheel and ask yourself how much it costs to bet on the largest possible set of numbers. The idea here is to get as much coverage as you can without losing money too fast.
But even if you cover every number on the wheel you’ll lose money.
So the only way to win in roulette–and this is completely random, never guaranteed–is to bet on less than all the numbers on the wheel.
You also want to play bets that pay better than even money. You can place a variety of bets, but most of them aren’t worthwhile.
Betting on single numbers is a bad idea. You can place bets on the lines between the numbers (these are called “street bets”) and on lines at the corners of numbers (these are called “corner bets”).
But even though you get pretty good odds (payoff) you’re still covering too few numbers.
The Roulette Board
How Bets Work in Roulette
Divide the bets into two groups:
- Inside bets
- Outside bets
Inside bets are based on individual numbers or small groups of numbers. When you see players betting on the lines, corners, and individual numbers on the table they are making inside bets.
Outside bets are based on pre-selected groups of numbers on the wheel. The “2-to-1” bets cover 12 numbers each: 1 to 12, 13 to 24, and 25 to 36. The “1-to-1” or “even money” bets cover 18 numbers each:
- Odd
- Even
- Black
- Red
- 1 to 18
- 19 to 36
The bets more likely to pay are the even money bets.
But unless you can win 5 times out of 9 on even money bets you’ll lose your stake. That’s the problem with roulette. You always have to win at least 1 more time than you lose no matter how you place your bets.
The “2 to 1” bets pay better than the “1 to 1” bets because they cover fewer numbers. You have less of a chance of winning.
There are 6 types of “2 to 1” bets:
- 3 kinds of dozens bets: (1 to 12, 13 to 24, and 25 to 36)
- 3 kinds of columns bets: ([1, 4, 7, 10, 13, 16, 19, 22, 25, 28, 31, 34], [2, 5, 8, 11, 14, 17, 20, 23, 26, 29, 32, 35], [3, 6, 9, 12, 15, 18, 21, 24, 27, 30, 33, 36]).
You can make a bet by betting on any two of the “2 to 1” groups. That means that instead of covering only 18 numbers you’ll be covering 24 numbers.
This type of bet is often called the “double dozen” bet. It’s popular among gamblers who like to hedge their bets. They have a better chance (all other things considered) of scoring a win with a “double dozen” than with one of the standard even money bets. If you’re playing it safe and going for even money odds, you should always play a double dozen bet.
If you want to bet more aggressively, then instead of betting more money on your double dozen, you can cover all 36 of the red and black numbers. Leave the green numbers alone. Yes, they’ll come in every now and then, and you’ll lose money.
But there’s a way to keep your losses low.
How to Bet on Columns or Dozens Aggressively
Take 6 chips and distribute them across EITHER the three dozen bets or the three column bets.
Place 3 chips on 1, 2 chips on the 2nd, and 1 chip on the 3rd. If the ball lands on a green number you’ll lose your entire bet, so always play the table minimum with this aggressive style.
If the ball lands on any number with your single chip bet, you’ll win 2 chips and lose 5–for a net loss of 3 chips (half your bet).
That’s the safest way to bet aggressively on the table.
Video Roulette Machines In Casinos
If the ball lands on any number in your 2 chip bet you’ll win 4 chips and lose 4 for no loss. This keeps you in the game.
If the ball lands on any number in your 3chip bet, you’ll win 6 chips and lose 3 for a net gain of 3 chips. This will offset 1 single chip win.
The way this betting strategy works out, your money can grow substantially and still take some big hits. Where the strategy will fail you is when the ball lands on green or if the ball lands on the single chip bet more often than it lands on the 3 chip bet.
Sorry, but there’s no way to prevent that from happening.
There Is No Guaranteed Way to Win in Roulette
I can’t say this often enough:
You can’t win at roulette in the long run.
I think roulette is a fun game to play. It’s exciting because you don’t know where the ball will land. You take an active role in making your wagers.
And you’ll find there are a lot of different betting systems to experiment with. The only thing that is guaranteed in roulette is that the casino will make a profit. What you hope for is that they make their profit at someone else’s expense.
Players who try to improve their luck by making big bets do sometimes win, but most often the people who come out ahead are the patient players who use conservative betting strategies and take money off the table. If you only walk away with your beginning stake you’ll be luckier than most gamblers.
And you can take that to the bank.