Roulette players have their own strategies in placing their bets, and having a strong knowledge on roulette probability is considered a necessary tool. The statistical data will tell players of their chances of winning on each spin.
Before even playing, a player needs to make a decision whether to play American Roulette or European Roulette. This decision can either increase or decrease the roulette probability of winning. The European Roulette Wheel has 37 slots while the American Roulette Wheel has 38 slots. The house advantage for American Roulette is higher at 5.26%, as compared to the house advantage of the European Roulette at 2.7%.
Probability in Bets
There are several ways to bet on roulette and it is also affected by probability. A player do a single number bet or bet on a color, odd/even and high and low. Single number bets only have a 2.63% chance of winning, while color bets and the rest have a 43.67% of chance of winning. This is for an American Roulette game, so it is a little higher with a European Roulette game.
Players need to know however, especially the new ones, that while the probability of winning may be higher on some bets, the payout is lesser. A good timing is then very essential for players who enjoy putting a wager on single number bets.
We all know that roulette is a very easy game to play and anybody can play it. Given the fact that all you need to do is just make the right guess as to where the ball will stop after the wheel is spun. Nevertheless, if you really dig deeper, the chances of losing or winning is quite complicated. The highest payout available for roulette is 35:1, and while you may have the chance of winning this, your chance of winning is really very slim and you may end up regretting you played the game.
Just like any casino game, it is a game of luck. So if you really look into it, some gamblers would agree that it would not matter whatever roulette strategy you use. The key is understanding that you always have the same chance of winning as with losing, and when you know all the factors that affect the game, you get a higher chance of placing the right bets. If you want to earn while you gamble, you need to know and understand the probabilities every time you make a bet on each play.
While most experts of the roulette game would probably tell you to go for smaller but consistent wins, you still need to take some things into consideration. After learning about a variety of roulette probability that you can use in the game, you would most likely come up with better choices and use that to your advantage.