This article discusses the odds of winning every
time you place a bet on a spinning Roulette wheel. As always with any casino
game, the house has an edge. In roulette, that edge is 5.26%, with slightly worse
odds if one were to play a 5 number bet. At online casinos, your odds improve
slightly by the fact that you are given cash bonuses while playing.
When you read the different types of bets, you probably wonder to yourself: if
there are 38 numbers on the roulette wheel, how come the payoff is only 35 to
1? This is exactly where the house gets its edge from and this is how casinos
make their money. Actually, if you bet $100 on every spin of the roulette wheel,
mathematically speaking you will be losing $200 for every 38 spins. This is how
the casinos make money and stay in business.
Players who walk into casinos know that the house has an edge, but they still
line up to find a seat at the roulette table hoping to make a killing. On the
other hand, a player at the table always seems to be winning. People are drawn
by the simplicity of the game which allows anyone to understand it; a great blackjack
player may have an edge on the house, but it takes quite a bit of knowledge and
experience to become proficient in blackjack. In roulette, you can just walk
up and place a bet on red or black or odds or evens. There is nothing difficult
about that. There are also ways to hedge your bets in roulette and come up with
different strategies, but most people are drawn to roulette for the simple rules
and social aspect of the game.
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