Roulette is considered to be the fairest gambling in the world. This justified reputation is founded on the small house edge. The house edge in roulette is based on the rule that when the ball falls on the zero, all bets that have not bet on zero lose. In French Roulette this house edge is 1/37 = 2.7% and with simple chances (black or red, even or uneven, higher or lower) it’s only 1.35%.
Wagerung options: Single and Multiple chances
A round of Roulette begins with all players placing their chips on the table – there are several different types of Roulette wagering, which are divided into two main categories: simple chances and multiple chances. Multiple chances are those bets that promise high payouts, but occur much less frequently, more of a stroke of luck than a prediction. Simple chances however, have a 49% chance to win, so statistically one could win almost every second time. Following are the most common bets in roulette, starting with simple and ending with multiple chances:
- Plein – A specific number.
- Split – 2 specific and neighbouring numbers, either vertically or horizontally.
- Street – three numbers horizontally next to each other.
- Double Street – six numbers horizontally next to each other as a double street.
- Carré or Corner – four numbers, which together form a square.
- First Three – Bets on the first three digits of the table. Either 0/00/1, or 0/1/2, depending on what type of Roulette is played.
- Red or Black – All numbers (except 0) have a red or black background and you can try to predict whether the next number will be red or black.
- Even or Odd – Similar to Red or Black you can predict whether an even or odd number will occur.
- Dozens – There are 37 numbers in European roulette and 38 in the American Roulette. These are divided into 3 dozens (zeros do not count). You can bet that the winning number will be within one of these three dozens.
- Columns – Similar to the Dozens. The table is divided into three columns, and you can predict that the next number will be part of a particular column.
- 1 to 18 or 19 to 36 – Predict if the winning number will be a part of the first or the last 18 numbers.
After you have made your bet, you only need to wait for the outcome and hope you’re correct. If you were right, the payout depends on the kind of bet you placed, and can range from doubling your wager (e.g. betting on Red or Black) to winning 35 times the amount you wagered (e.g. when betting on a specific number):
- Plein – 35 to 1
- Split – 17 to 1
- Street – 11 to 1
- Corner – 8 to 1
- Double Street – 5 to 1
- Trio – 11 to 1
- Even/Odd & Red/Black – 2 to 1
- 1 to 18 or 19 to 36 – 2 to 1