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Gambling Resources
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10 Online Casinos Player
and Online Casino Resources
Rules and Strategies
Slots
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Chip Covers: |
Term: |
Pays: |
|
1 number |
Straight Up |
35 to 1 |
|
2 numbers |
Split Bet |
17 to 1 |
|
3 numbers |
Street Bet |
11 to 1 |
|
4 numbers |
Corner Bet |
8 to 1 |
|
5 numbers |
Five Bet |
6 to 1 |
|
6 numbers |
Line Bet |
5 to 1 |
|
12 numbers |
Dozen Bet or Column Bet |
2 to 1 |
|
18 numbers |
Red/Black, Even/Odd or Low/High |
1 to 1 |
Many people think there is little to discuss when it comes to
roulette strategy. This may be a bit of truth and a bit of untruth; the fact of
the matter is, roulette strategy is simple but subtle. Overall the math behind
roulette is simple, but not very friendly. American roulette boasts a house edge
of 5.26% for every bet except one. What’s worse is the other bet (five-number
bet, see roulette rules page) give an even worse house edge of 7.29%. What it
comes down to if you want to utilize a roulette strategy that’s effective, is
looking for extended rules.
Atlantic city casinos for the most part entertain a beneficial rule called
‘surrender’. If this rule is in place (ask at the table before you play) your as
close as your going to get to using a roulette strategy.
The surrender rule applies only to outside bets that pay even money. Those are:
red/black, even/odd, and high/low. If the ball lands on 0 or 00 (double zero)
you only lose half of your bet instead of all of it. The casinos edge then drops
to about 2.63%, still not in your favor, but a heck of a lot better.
The numbers looks like this:
| Advantage | = [18/38 x 1] + [18/38 x (-1)] + [2/38 x (-0.5)] |
| = -1/38 | |
| = -0.0263 | |
| or a house edge of 2.63% |
Another roulette strategy to employ is keeping an eye peeled for wheels that don’t have a double zero. European roulette wheels come this way standard, but American tables rarely use it, as it decreases the house edge. Over 12 bets the house edge drops to 2.7% so keeping an eye out for this is a smart roulette strategy.
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