As one of the oldest and most established forms of gambling, Roulette remains a favorite table game for gamblers all over the world, particularly in Europe where the game’s roots can be found. Through the many years, gamblers have contemplated what is the best way to play the game in order to maximize one’s return on investment. The real answer might actually surprise most people, but first a little background information.
Facts About Roulette
Compared to other adult gaming industry standards such as Blackjack, Craps and Baccarat, Roulette is the least advantages game of chance from the player’s perspective. In fact, the house’s overall advantage is approximately two to three times higher than the aforementioned games as well as a few others. The game’s popularity seems to be rooted in the fascination of watching the wheel spin combined with the anticipation of where the ball is going to land when it finally comes to rest. From a game-playing perspective, players have access to two types of bets, inside bets and outside bets.
Looking at a roulette table, inside bets are the one’s that include the individual numbers on the inside of the game playing field. This includes each individual number, plus all of the possible combinations that can be wagered on by simply placing chips in certain locations among the individual numbers. The only stipulation for combination bets is the numbers used must be connected either vertically or horizontally.
Around the outskirts of the game playing field, players have access to what are referred to as outside bets. These are the bets that include larger groups of numbers that don’t necessarily have to be connected or numerically consecutive. Outside bets include even money bets like red/black, odd/even and 1-18/19-36, plus 2-1 odds bets that include “one-third” bets 1-12/13-24/25-36, or column bets for columns 1, 2 or 3.
Is It Better to Bet Inside Bets or Outside Bets?
As indicated above, the answer is quite surprising. Based on the house’s advantage, all bets on the board are equal. In other words, the player’s chances of winning are exactly the same no matter what kind of wagers they make. This is possible because every bet on the table is paid at true odds based on 36 numbers. The house’s advantage is derived from the addition of the single green ZERO on French or European versions of the game and the addition of both the green single and green double ZERO on the American version. European Roulette games give the house a statistical advantage of 2.7% while the American version gives the online casino an advantage of 5.4%.
To summarize, player’s can place wagers anywhere on a Roulette table without having to concern themselves with worrying about their chances of winning. From that point on, it really comes down to player preference. Some players like the idea of making conservation wagers (outside bets) for smaller returns while other players enjoy playing favorite or lucky numbers (inside bets) for a chance at a bigger return if they should be so lucky as to hit the right spot at the right time.