Why Play Roulette?
Roulette is typically the game of choice for ‘High Rollers’ in a Casino. This is due to the wide range of bets that are available, the huge payouts and the sheer excitement of a crowd watching you load a table with chips, cheering for that one big win.
The important thing to remember about roulette is that every single spin is totally unique. The wheel is always perfectly balanced and the only varying factor is the dealer. It has been said that some dealers are able to aim a roulette ball and can hit a certain group of numbers with every attempt. Personally we’re a little skeptical, since that would involve greater precision than a house of toothpicks, but it’s nice to think there are some dealers out there who have this exceptional talent!
Different Way to Play Live Roulette
Roulette is the very definition of a game of chance. The house edge for single zero Roulette (or European Roulette) is 97.8%, whilst double zero Roulette (American Roulette) is 94.8%…that extra zero makes a pretty big difference! There are 2 commonly known systems of play which still to this day people stick to; the Fibonacci sequence and the Martingale system.
The Fibonacci sequence is a mathematical equation that wasn’t designed for Roulette, but can be adopted to help track a player’s total wagers and potential winnings. It is very straight forward – start with a single bet of £1, if that loses then increase this to £2, then to £3, then to £5, then £8 and so on. The equation is basically the sum of the previous 2 bets is your next bet. This means that you are always playing to recoup any losses but also make a profit on your original stake. The laws of probability suggest that you will win at some point (assuming you are backing an even money bet) but the system falls short due to Table limits. It is also important to remember that there will come a point that you are wagering upwards of £1,000 to earn just £1 in profit.
The Martingale system is much cruder than the Fibonacci. With the Martingale system, you simply double your previous bet in order to recoup the losses and again, to win double your original bet. This again falls short to table limits and should be avoided.
Both of these systems then have fatal flaws, but what’s worse is that they are both about chasing losses – something that we strongly advise against. Would you wager £1,000 on any other game or a Sports bet to win just £1? Probably not – so don’t do it on Roulette!
Aside from playing systems, it’s important to understand how Online Roulette betting work. There are a number of different options, although they all effectively pay the same amount. This brings us back to why High Rollers enjoy the game, because they are able to bet huge sums on a single outcome via different bet options on the table. For example, say the table limit for a single number is £100; a player is able to bet £100 on that single number. They can then place £200 on a split bet, £400 on a corner bet, £2,000 on a column bet and a further £2,000 on any even money bet. If this number then came in, for a £4,700 bet, the player would win an eye watering £26,800!
It is understanding the odds that each of these bets pay and how they work together which can make Roulette so profitable for a player.
Below is a visual example of the different types of Online Betting that can be placed on a Roulette table and the odds for a winning outcome:
Bets not mentioned here are Street bets (or Row bets – covering the three numbers on a specific row) or the basket bet (0, 1, 2, 3 in single zero Roulette, 0, 1, 2 / 0, 00, 2 / 00, 2, 3 in double zero Roulette).
One aspect of Roulette is that all of the different bets have very similar payouts, however the more chances of winning a particular bet gives the player, the slightly lower the payout. This is shown in the disparity between a straight up number paying 35/1 and a split bet, paying 17/1. You lose the equivalent of 1x your bet amount for the privilege of having slightly higher odds of winning. Understanding these variations can help a player get the maximum potential winnings for hitting a specific number or combination of numbers.
Where can I Play Live Roulette?
Any of our chosen Online Casino sites below offer players the chance to win big on their Live Roulette games! Remember to claim your bonus if you’re a new customer too.