The famous wheel game that you find at land based casinos and at online casinos is roulette! As many of you know, roulette is an exciting game for making bets, predicting the lucky numbers and for spinning the wheel; but there is a lot more involved to the game if you want to make money. Roulette gives you the biggest variety of bets that you can make. The more bets you make, the more money you can make! Having a good roulette strategy will make you serious money.
With roulette being mainly a game of luck, there is honestly no definite strategy that involves skill (like blackjack has). Therefore, according to professionals the best roulette strategy that you can use is based on money management and the types of bets that you should make.
Many roulette gamblers believe in the law of averages, when an even bet such as a black number comes up many times then there is definitely a bigger chance of the opposite color, that is red, to come up next. This roulette strategy is not true because each spin of the wheel must be considered as a separate spin and whichever numbers had gone before must be ignored. This means during the real game play, whether red or black came up a dozen times before, there is no chance that the opposite color might strike next.
The Single zero or European Roulette has a house edge of 2.7% and the double zero or American Roulette has a house edge of 5.26%. Now you know clearly well which variation of roulette to play. Your roulette odds are better with the European version of the game. I bet all American roulette players prefer playing this version because their odds of winning are so much better.
You need to definitely have an idea about the payouts:
One number bets pay 35 to 1
Two number bets pay 17 to 1
Three number bets pay 11 to 1
Four number bets pay 8 to 1
Six number bets pay 5 to 1
A bet placed on the outer column pays 2 to 1
A bet placed outside even-money pays 1 to 1
There are certain moves that can help you get the best out of the roulette game and to prevent losing money on bets that sound good but end up bad. If you are a beginner at a land based casino then you could learn the game by watching the other players. When you wager online the casino provides you with all the tips, rules and betting strategies that will surely help you. You can practice at the free roulette games available and then there is nothing better than betting a few dollars to win big bucks.