Odds Betting Roulette - Sports Betting


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Odds Betting Roulette

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Improving Your Odds at Roulette - dummies; Betting roulette strategy

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A secret roulette betting system. Main Idea. 1) Include many numbers. 2) Numbers should be scattered chaotically around the wheel. 3) Not all the numbers are bet with the same amount. 4) Every win offers a profit. Description of the bet selection.

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The most common betting systems that players use for roulette are geared towards Red and Black, but after that it is probably the Dozens and Columns. To cover.

On this page we discuss several different ways that you can cover a large portion of the roulette table such as betting on 35 numbers or 17 splits.

By Remember to stay realistic about the long odds on this popular game of chance.

Approach roulette with the sober realization that, with a house advantage of 5.

Despite the odds, you can still use some simple strategies to stretch your roulette bankroll and enjoy the thrill of the spin.

This article contains a few tips that can help you improve your chances of winning.

With 38 numbers 1 to 36, plus 0 betting roulette strategy 00the true odds of betting roulette strategy a single number on a straight-up bet are 37 to 1, but the house pays only 35 to 1 if you win!

Ditto the payouts on the combination bets.

This discrepancy is where the house gets its huge edge in roulette.

Starting with horse betting betting horse prices: prices basics Strategy is critical if you want to increase your odds of winning.

Consequently, few players make just one bet at a time.

Of course, the betting roulette strategy bets you make, the more complicated and challenging it is to follow all the action.

For example, bet on either red or black for each spin.

This type of outside bet pays 1 to 1 and covers 18 of the 38 possible combinations.

For example, place one bet on black and one bet on Column Three, which has eight red numbers.

That way, you have 26 numbers to hit, 4 of which you cover twice.

You can also make a bet on red and pair it with a bet on Column Two, which has eight black numbers.

Again, you cover 26 numbers, and 4 betting roulette strategy them have two ways to win.

Pairing a bet on either red or black with Column One or on one of the three dozens covers betting roulette strategy numbers, and 6 numbers have two ways of winning.

Playing a European wheel If you happen to find a single-zero European wheel, you greatly improve your odds: The house betting roulette strategy is half that of roulette with the American wheel — only 2.

You may see a European wheel at one of the posh Vegas casinos, such as Bellagio, Mirage, or Caesars Palace.

You can also find the single-zero wheel at some other upscale casinos around the country.

But because the house edge is half that of a double-zero wheel, the European wheel is the better roulette game to play for bigger bettors.

Your chances of winning get even better if betting roulette strategy casino offers an advantageous rule called en prison.

Sometimes available on the European wheel, the en prison rule lowers the house edge even further to a reasonable 1.

The rule applies to even-money bets.

If the ball lands on red, you lose.

And if the ball repeats the zero number again, your bet stays imprisoned for another round.

The Triple Bet Roulette Strategy

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The Bets and Betting Odds, Roulette TV

The Bets and Betting Odds

All European live roulette wheels contain alternating red and black numbers from 1 through 36 together with a green slot for the number 0. Roulette betting odds remain consistent and the odds are fixed.

What are the betting odds you can place at a table? It is helpful to know them and what the odds of winning are before you take your chances with the wheel. The betting odds are easy to learn and help is also on the website, but for the inexperienced player you can read all the information you need below.

In a real life casino you would be faced with felt-covered board next to the wheel, the casino has a dealer to manage players betting chips. this is simulated online as you can see opposite. The numbers are listed in order rows and in three columns. The first row contains a square for each number 1, 2, and 3. The second row contains the number 4, 5, and 6. The third row contains the numbers 7, 8, and 9. It continues thus through all thirty-six numbers. The board also contains an area dedicated to 0,found at the end of the board. This game board is where the players place their chips after selecting which chip to bet.

The 0 bet: Really this is just a straight up bet in which you choose

The Column zero. Your odds of winning are 1:36. If you win, the payout is 35:1.

The Straight Up bet: You choose the exact winning number. Your odds of winning are 1:36. If you do win, the payout is 35:1.

The Split bet: This bet is used when you think the ball is going to land on one particular number or on its adjacent number. The chip is placed between the two numbers. The odds of winning are 1:18 and the winning payout is 17:1.

The Street bet: The street bet consists of betting that the ball will land in one of the spots on a row. For example, the 1, 2, or 3. The betting odds of winning the street bet are 1:11.667 and they payout is the same as it is with the trio bet – 11:1.

The Corner Bet: Corner bets make up a block square, this is four numbers. You bet on any four numbers to make a corner bet by putting your chip where the lines cross in the middle of the four. Corner bets pay at 8:1

The Row Bet. Place your chip at the end of a row of three numbers to make a row bet.

Bet: The long rows of numbers on a roulette table are called the columns, a column covers 12 different numbers and also like a dozen bet pays at 2:1

A Dozen Bet: If you pick 12 numbers to bet on then this is a dozen bet, paying at 2:1 there are 3 bets of this type, numbers 1-12, 13-24 or finally 25-36

Even 1:1 Bets – Even bets are always split at 1:1 these include betting on red or black, high or low or an odd or even number as a result.

You may have noticed that the betting odds and payout is very close to the odds of winning, which is probably one of the reasons why this game is so enjoyable to folks who love numbers and live roulette. The betting odds remain the same on this fixed odds game in casinos for a European wheel as they are for American wheels but in comparison to the American wheel the Euro wins the hearts of roulette players with its French origins.

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Probability and Odds in Roulette

Probability and Odds in Roulette « Double Action Roulette Understanding the Roulette House Edge »

Having explained the basic terms and the variations of the game, we move forward to discuss the mathematical side of roulette. Although some of you may ignore this topic, we should underscore that knowledge of such concepts as probability and odds is crucial before one digs deeper into the various strategic approaches to the game.

What do we mean by the term ”probability”?

If we are to offer a formal definition of the term ”probability”, it may sound as follows: ”The probability of the occurrence of an event is defined as the number of cases favorable to the event, divided by the number of equally-likely possible cases.”

In case we presume that all possible outcomes have an equal chance to occur, as they are a result of a random device (the roulette wheel), and for every single outcome there are only two possible scenarios (a success or a loss), the definition pinpointed above may be transformed into the following: ”The probability of winning equals the number of ways to win, divided by the number of possible outcomes.”

The number of possible outcomes includes the possible ways to win and the possible ways to lose. Having said this, the probability of success may be presented with a simple formula:

PROBABILITY OF SUCCESS = Ways to Win / Ways to Win + Ways to Lose

Probability always belongs within the range between 0 and 1 and can be expressed as a fraction or a decimal. If one is to present probability as a percentage, then the decimal needs to be multiplied by 100.

Let us take the simple example, when tossing a coin. As the coin is two-sided, it has one way to win and one way to lose. Therefore, in this case the probability of success will be as follows:

PROBABILITY OF SUCCESS = 1 / 1 + 1 = 1 / 2 = 0.5, or 50%

An expert in statistics would interpret the probability of success when tossing a well-balanced coin as one half. An expert in gambling, however, would interpret it as 1 chance out of 2. We would interpret it as 50 percent.

Let us have another example – the tossing of an ordinary six-sided die. As there is one way to win and five ways to lose, the probability of success (rolling a specific number) will be as follows:

PROBABILITY OF SUCCESS = 1 / 1 + 5 = 1 / 6 = 0.1667, or 16.67%

The expert in statistics would now interpret the probability of rolling the particular number as one sixth, while the expert in gambling would say it is 1 chance out of 6. We would interpret it as 16.67 percent.

If we take the French roulette wheel, having 37 numbers, and we place a straight-up bet, then we have 1 way to win and 36 ways to lose. Therefore, the probability of success (the number we selected to win) will be as follows:

PROBABILITY OF SUCCESS = 1 / 1 + 36 = 1 / 37 = 0.0270, or 2.70%

If we take the French wheel again and place a street bet on a row of three numbers, then we have 3 ways to win and 34 ways to lose. Thus, the probability of success (one of the three numbers to win) will be as follows:

PROBABILITY OF SUCCESS = 3 / 3 + 34 = 3 / 37 = 0.0810, or 8.10%

And lastly, if we place a dozens bet on the French wheel, then we have 12 ways to win and 25 ways to lose.

PROBABILITY OF SUCCESS = 12 / 12 + 25 = 12 / 37 = 0.3243, or 32.43%

What do we mean by the term ”odds”?

The majority of players at a casino will use the term ”odds” instead of ”probability”. There is a certain difference between odds and probability and it lies in the way the two terms are mathematically expressed. Once we have calculated the probability of success, we can easily estimate the odds for success by using the following formula:

Ps equals the probability of success.

If we go back to the coin tossing example, then we will get the following result:

ODDS FOR SUCCESS = 0.5 / 1 – 0.5 = 0.5 / 0.5 = 1 / 1

Odds are usually not transformed into a decimal, but are rather presented as a ratio of whole numbers. In the case above we simply multiplied the numerator and denominator by 2, so that we come up with the result we wanted. Odds are presented as 1:1 and pronounced as ”one-to-one”, or ”even odds”.

We should note that there is another way to calculate the odds for success. There is no need to estimate the probability first and then the odds. We can get straight to the desired result by using the following simple formula:

ODDS FOR SUCCESS = Ways to Win / Ways to Lose

If we go back to the die tossing example and use the above mentioned formula, we will get:

the odds are 1:5 (one chance to be successful and five chances to lose). This is different from the probability of success, which, as we estimated, is 1 chance out of 6. And it is what causes confusion.

People may end up confused, also when the odds are presented in reverse. If the odds for success are 1:5, then the odds against success are 5:1. It is so, because we have the following formula:

ODDS AGAINST SUCCESS = Ways to Lose / Ways to Win

If the two above mentioned odds are closer to even, it becomes a more delicate situation. If we have odds for success of 5:6, then the odds against success will be 6:5. An experienced player will surely see the difference, while the beginner may easily be misled.

House odds (odds paid) represent the opposite of odds for success. This explains why the lower the chance of success is, the higher the payout is. As the house is playing against the player, the odds paid equal the odds against success, if, of course, we presume that the casino does not take a share. The reality is that house odds are always set a bit lower than the odds against success, which provides casinos with a profit margin.

Let us get back to the examples concerning the French roulette wheel. If we place a straight-up bet, we have one way to win and 36 ways to lose.

ODDS FOR SUCCESS = Ways to Win / Ways to Lose = 1 / 36

Or, the odds for success are 1:36 and the odds against success are 36:1. If we indeed emerge successful with our bet, the casino will pay us 35:1, not 36:1. The obvious difference represents the house advantage (a 1-unit profit).

If we are to place an even-money outside bet (black), we have 18 ways to win and 19 ways to lose (18 red numbers and one green single zero).

ODDS FOR SUCCESS = Ways to Win / Ways to Lose = 18 / 19

Or, the odds for success are 18 to 19 and the odds against success are 19 to 18. If we indeed win, the casino will pay us 18:18 and not 18:19. Again the casino will have one unit of profit.

« Double Action Roulette Understanding the Roulette House Edge » Table of Contents The Game of Roulette - a Historical Account The Roulette Wheels Basic Explanation of the Roulette Game Bet Placement in Roulette Roulette Inside Bets Roulette Outside Bets Roulette Betting Limitations Roulette Surrender Rule Useful Tips for Beginners in Roulette Biased Wheels and Wheelhead Speed Ball Bouncing, Switching, Aiming and Speed American Roulette European Roulette Classic Roulette Bets French Roulette Double Ball Roulette Double Action Roulette Probability and Odds in Roulette Understanding the Roulette House Edge Roulette Number Sequences The Martingale System and Its Variations Playing the Martingale System The D’Alembert System The Labouchere System Playing the Labouchere System Roulette Inside Bet System The Parlay System in Roulette The Fibonacci Betting System in Roulette The Double Street Quad System Components of the Roulette Wheel Roulette Numbers and Ball Drop Frets, Pocket Pads and Wheel Leveling Identifying Biased Roulette Wheels Visual Tracking in Roulette Playtech Roulette Games Microgaming Roulette Games NetEnt Roulette Games Realtime Gaming Roulette Games Low Limit Roulette High Stakes Roulette Live Dealer Roulette Roulette Tournaments Roulette Myths Roulette Etiquette How to Rig a Roulette Wheel Other Ways of Rigging a Wheel Beating the Roulette Odds the Old Way Other Old Roulette Schemes Used by Players Beating the Roulette Odds by Computer Prediction Digging Deeper into the Roulette Computer Prediction Method 3D Roulette Best Numbers to Play on a Roulette Table Playing Roulette on a Mobile Device Popular Online Roulette Casinos Progressive Roulette Roulette Bankroll Management

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Roulette Odds and Betting Systems

Roulette Odds and Betting Systems

Visiting my share of casinos, and losing more than my share of money, I have learned one simple thing about roulette, you can’t win – at least not in the long run. Years ago, when I first timidly stepped up to a roulette table, I had no idea what the odds were and I didn’t know squat about the House Advantage. I walked up with my last $5 chip and walked away fifteen minutes later with $75 (though I should mention that my better half lost nearly twice that at blackjack the previous night). I cashed out and went home happy, thinking I’d found my new forte.

Young, and convinced there must be an easier way to make money, I became convinced that I had a knack for roulette. I read up, memorized segments of the wheel and worked on some “proven” betting systems- ha! I bought my own wheel and practiced these systems. I really thought I was onto something. Between my mathematical instincts and the advice of various roulette gurus, I couldn’t go wrong- right?

Well soon the dress rehearsal was over, it was time to take the show on the road. With a few dollars and a can-do attitude I was off. It wasn’t until the casino emptied my pockets that I thought, hmm. . . maybe I just got luck last time! But still, I wouldn’t believe it, I couldn’t believe it, roulette was my destiny. So I decided I could perfect an earlier system (I’m a bit of a mathematics geek) and eventually strike it rich. If I could cut down the odds in my favor, then I could beat the house. Ultimately, I came to an analytic impasse, that god-foresaken house advantage (or the 0,00 factor).

I can now say scientifically, mathematically, and painfully that Roulette will never make me rich. The house advantage has made sure of that. We are so tempted by those incredible payoffs that we say, “Oh, if only I could hit a single number with a $100 chip, then I’d be happy, $3500 happy.” Yeah, well you won’t be too happy if it takes you 70 spins to hit your number, and it very well could. (By the way, that is $3500 in the hole!)

Casino roulette, like the rows upon rows of slot machines, is pure luck. There is no such thing as a proven betting system in roulette, only proven luck. Don’t get me wrong, you can still walk away from the Roulette wheel a big winner if Lady Luck smiles on you, just don’t expect to do it twice!

How to play roulette! Best Odds Betting

How to play roulette!

The goal of the game is to predict which number on the wheel the little ball will land on. There are different betting options and various strategies that can help you make a big profit.

Betting options

Before the game begins, you have to place a bet on the roulette table. There are various betting options. You will first have to choose whether you want to make inside bets (bets within the playing field) or outside bets (bets outside the playing field).

Inside bets : when you want to place your bet on the inside of the playing field, you will have several options:

Outside bets: you can also place a bet outside the playing field. You will then have the following options:

About Best Odds Betting

Unique content to give you a better chance to profit from your betting. Take the excellent advice and combine it with over £5000 in bonuses and free bets. We have plenty more to offer including the best VIP Club in the industry, specifically tailored for high staking customers.

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