Roulette

It is commonly believed that a game like Roulette is one of complete chance and luck. How can there be any strategy for playing this kind of a game? While it is undeniable that chance and luck are an inherent feature of roulette the fact that a strategy for the game can be followed, should not totally be overruled. Roulette is a game of statistical probability and hence the strategy becomes quite simple. Here are a few simple tips that you should keep in mind while betting: Since Roulette is a game based on straight statistics, generally you get fair odds. For example you will get even money odds when you bet red and the actual statistical odds that red will come up is approximately even. The exception is the one green square in European Roulette. Therefore your odds are slightly lower than 50/50. It is important to note, however, that the house edge can vary, as it does most notably in the US. In American roulette the house edge is 5.26% for every bet except the five number bet which gives a house edge of 7.29%.

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Roulette is a pretty rigid, non-interactive game and players can do very little to lower the house edge. But what they can do is to be on a careful lookout for places that offer special rules. In Atlantic City there is a beneficial rule called “surrender”. Enquire about this rule, at the table before playing. But to summarize briefly, the rule is applicable only to outside bets that pay even money. These are red/ black, even/odd and high/low. If the ball lands on a double zero (00), the better loses half the bet instead of the whole amount. Though even money bets are doubly nice as compared to their inner counterparts, the player has to give up on payoffs significantly in order to benefit from the lower house advantage. Even though this cannot be considered a perfect situation, the strategy works.

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