Americans love to gamble. Come on, admit it, you do too! And here’s the best part: win or lose, there’s no escaping the enormous tax. American casinos give Uncle Sam every penny you lose over a limit set at $1200 per year. That’s why you can increase your chances of winning by betting on black in roulette. Here are 10 tips for roulette success.
Tip 1 – The Basics
Roulette is a game of chance. Players can win up to 36 times their wager by betting on different numbers or combinations. The wheel contains 38 numbers (0 to 36) and 2 green indicators called “0” or “00”. The ball will spin around the inside of the wheel until it drops into one of these slots and lands.
Tip 2 – Key Concepts: Variance, Volatility & How the House Edge Works
Variance is the amount of risk in a game. In roulette, for example, there’s a ton of variance, by looking at its vegas odds:
For example, if you play American Roulette with small bets and lose multiple times in a row, you will have a lower chance of winning because of how those losses affect your odds.
The house edge is the percentage of money that the house will win over time. It’s calculated based on the number of placed bets and wins or losses during those bets:
(House Wins) – (House Losses) = House Edge
Tip 3 – Outside Bet Strategies to Minimize Variance & Maximize Your Opportunity to Win
- Single zero wheels offer players more opportunities than double zero wheels. As such, the house edge is lower at single zero wheels.
- For any wheel spin, there are only two outcomes: a win or loss. Playing European Roulette online can have higher variance than American Roulette because various combinations make it harder to win consistently over long periods.
Tip 4 – Look for Games with a Single Zero Wheel
Looking for games with a single zero wheel can result in a big win. The single zero wheel has a lower house edge than the double zero wheel, hence more chances of winning.
Tip 5 – Player Choices that Increase Your Chances of Winning
Ensure you bet on the right numbers when playing roulette. The game has 38 numbers, 19 of which are red and black, 1-18 and 0. So, avoid playing the zero since it’s a “hard” number that pays half when it wins. Also, keep your bets small if you can win without risking a lot of money at once!
Tip 6 – Don’t Forget Your Manners (and Why It’s a Good Rule for Roulette)
This is a good rule for life, as well as roulette. It’s important to remember that you are an ambassador of the game and the casino. Therefore, your behavior must positively reflect on both.
Avoid excessive displays of emotion when things aren’t going your way. If you win big on one spin but lose big on another, keep cool and don’t gloat about your success.
Tip 7 – Avoid Buying the Five-Number Line Bet on the Double Zero Table
A common mistake roulette players make is to buy the five number line bet on the double zero table. This is a mistake because it offers an edge of 1.35% to the house.
Tip 8 – Find Smart Ways to Leverage Bonuses and other Incentives
You can get a lot of value from bonuses by leveraging them effectively. You can do this by looking for bonuses with a decent deposit and wager requirement. You should also ensure the bonus has no max cashout, as this can enable you to withdraw your winnings at any time.
Tip 9 – Maintain a Log of All Wins and Losses to Improve Your Odds of Winning
Always keep track of your wins and losses to see whether the game is working out for you. Keeping track of all this data can be tedious, but luckily, plenty of apps and website tools can do it for you.
Tip 10 – Enjoy the Game! (It’s Not an Investment Strategy)
You can make money from roulette, but you may not make much.
So, try to enjoy the game for what it is: a game of chance.
American Roulette can be enjoyable for its entertainment value alone – we recommend this approach!
Remember that roulette is just a game, and the goal is to have fun. So, if you’re looking for an investment strategy, you should consider other options.