learn your roulette strategy

Basic Roulette strategy

Roulette is truly a game of chance. The odds of winning and losing are pretty much set. Likewise, the house advantage by-and-large remains the same no matter what the player bets on, so there is very little strategy to placing a bet other than reviewing choosing the odds-to-return you’re comfortable with. However, there are ways to better your odds.

Most online casinos offer both American and European roulette, and playing the European Roulette is a much better strategy for you as a player. Since it has only a single zero rather than a single and a double zero as on the American roulette wheel, but gives identical payouts, your winning chances are actually twice as high when playing the European Roulette

Roulette is all about entertainment? Have a great time! And write down any losses as entertainment expenses. This is sound roulette strategy. Sure, your roulette session may show a profit; good for you! But no one should sit down at a roulette table with the intention of making money. Don't quit your day job. The odds are always favorable to the house. Yes you will be able to earn some money playing roulette but keep working even though.

A good tip is to make a spending budget before you start playing. How much is left in your entertainment account? Give yourself an allowance and stick to it. If you lose that amount, the show is over. Go home. It is when you start spending more money than you can afford that you risk entertaining yourself into a real life horror movie. Never chase losses. Making more or bigger bets will not compensate for earlier losses. It will only make your good time end sooner. Know when to quit.

Let's say you spent some of your entertainment allowance on a sports event. Would you then buy a new ticket the week after with the intention of getting your money back? Roulette is entertainment, and you should not expect to enjoy it for free, or to leave as a winner. Winning just puts a golden touch to the fun, do not count on it.

Don't parlay your bets! That is, don't leave your previous bet and the chips you just won on the table for the next spin of the wheel. Doing so is the perfect roulette strategy for losing your money faster. Rake in your winnings and keep playing your best game! If you won a round, take the chips and start playing from zero.

When playing roulette, you cannot influence the expected value of your bets, regardless of which strategy you choose. If you bet on number 12 straight up or on Even doesn't matter, your expected profit is the same. But betting on single numbers leads to much bigger variations in your roulette chip stack. You will lose most of the time, but when you win you win a lot.

Odds and strategies in Roulette

Regarding strategy, in American style roulette with a 00 hole, the house has a 5.5% advantage on any bet. In European style roulette, with only a single 0, the house advantage plummets to around 3%.

Statistically, one of the best bets is to place money on the dozens. It pays 2:1 and will win around 31% of the time. This is double the payout of the 1:1 bets, with only a relatively small drop in probability (45% vs 31%). With the house advantage always dominating, medium sized odds offer some of the best overall payouts

However, for players who are looking to bet for short periods or high amounts, they might find odds/evens or red/black to have a more reasonable short term reward.

Some players do espouse betting strategies which have had questionable success. As a rule, never bet more than what you’re comfortable losing and if you are on a losing streak, do not try to make up your losses by betting too much. If you only wager what you can afford, you’ll never feel pressure to try and make risky decisions to recoup your money.

In some circles, it is popular to follow the Martingale strategy for betting- start by betting the minimum and double your bet every time you lose. Given the odds of winning in roulette (45% or so on a 1:1 payout on options such as odds vs. evens) a player should shortly win their money back. However, in the long run the house WILL retain the advantage. On top of that, it Martingale’s strategy would lead to large losses if the player hit a losing streak.

Players might also want to mix up their odds so that they have a better chance of being covered. Betting on one of the streets? You might want to place a small bet on black or red as well, to help guarantee some payback. If you hit both the street and red, you could be in for a substantial payout.

When you play roulette, it is important to feel comfortable and understand how you play and react to both wins and losses. A player can only do this when they are experienced with the game. Try and play some free roulette games before putting in real money. It will give you the experience and the confidence you need to go out on the floor.