THE TRUTH ABOUT ROULETTE ODDS
If you’re looking for someone to tell you that roulette odds aren’t as influential as people have you believe, then you should read another article because this isn’t the one. There is a little known truth about roulette odds that the player with dollar signs in his eyes will never understand; the odds don’t pay what they are worth. Many ‘gamblers’ fail to recognize this fact and act accordingly, which is why they often lose. This doesn’t mean that you can never make a profit in roulette; it simply means that doing so is an uphill battle for you.
You hear a lot about the dreaded house advantage, but how exactly does this affect your odds? In American roulette, you start with an inherent disadvantage of 5.26 percent, and 2.63% in European roulette. This means that the odds are literally stacked against you from the moment you approach the table. This fact isn’t meant to be discouraging; it’s meant to discourage you from buying into the so-called roulette betting systems available via the internet. If you understand that the odds are not in your favor, and that roulette is a game of chance, you already have a leg up on most beginner roulette players.
Even though the house edge is enormous in roulette, that doesn’t bar you from winning more money than you lose; as long as you understand that you will lose at some point. Roulette players that mistakenly believe that there’s a method that allows them to win 100% of the time have no idea that for every win you’ve actually lost money. When you win in the game of roulette, the payout doesn’t reflect how much the bet is actually worth. For example, your best odds in American roulette come with a straight bet of one number. The odds of you hitting that number are literally 1 in 38; however the payout is 35:1. This means that if you bet $1 on 17 and a 17 hit, you’d get paid $35 rather than $38.
Understanding the house edge as well as the payout structure of roulette is the only way you can make skilled bets to improve your odds rather than play in vain, in hopes that you win your big payday. These odds aren’t scary if you know how to decrease the edge in your favor. One way many roulette players accomplish this is by betting with the house, because as you can see, the advantage in this game is largely in their favor.
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