2. Introduction to the Roulette game.
The Roulette is the most fair casino game (from the games that you play against the casino of course). Why? Because of the bet payoffs, which are the same for all roulettes in every casino and the efficient value – (chance to win the betting) x (payoff coefficient). This efficient value in one slot game for example is much smaller (vary from 30% to 90% according to the slot machine type) than the roulettes' (which vary from 92,1% to 94,7%).
As you know the roulette has 38 numbers – 0, 00, 1, 2, 3 … 35, 36. The chance to win a betting is formed by the ratio – (count of the numbers you have chosen as your bet) / 38. For example: You make a four-number bet (28, 29, 31, 32). Your chance to win this betting is: 4 / 38 = 0,105 or 10,5%.
Payoff 2 to 1 means a payoff coefficient 3. For example: You make a column bet and you put 100$ in chips on one of the three columns. If you win, you take your 100$ plus 200$ (because the payoff is 2 to 1). This makes 300$. The payoff coefficient forms from the ratio – money after possible win / staked money or in this case: 300 / 100 = 3. You can receive this coefficient in one other way too – simply replace in the payoff phrase "to" with "+" (2 to 1 = 2 + 1 = 3).
And finally – what actually means "efficient value"? This is the probability to win from the casino. For example: You come in the casino with 5000$. You play the whole day and in the end your money are more, if the efficient value of the game you played is more than 100%. The following formula describes this – (your start money) x [(efficient value of the game you play) to the (played hours) power] = (your end money).
Here are all the roulette bets possibilities, chances to win, payoff coefficients and efficient values:
N | Bet type | Chance to win | Payoff coeff. | Efficient value |
1 | Straight bet | 2,63 % | 36 | 94,7 % |
2 | Split bet | 5,26 % | 18 | 94,7 % |
3 | Street bet | 7,89 % | 12 | 94,7 % |
4 | Corner bet | 10,52 % | 9 | 94,7 % |
5 | Five-Number bet | 13,15 % | 7 | 92,1 % |
6 | Six-Line bet | 15,79 % | 6 | 94,7 % |
7 | Dozen, Column bet | 31,58 % | 3 | 94,7 % |
8 | Red, Black, Even, Odd, Low, High bet | 47,37 % | 2 | 94,7 % |
May be you've noticed that the efficient values of all betting types are under 100%. Does this means that you will always lose from the most fair casino game? Yes. Every regular player that plays at the roulette for long time will have less money at the end. What if I make a big straight bet and I win, I'll get ahead with a lot of money, won't I? Yes, you will, but you can't win every day in such way. After some period of time, in which you will lose little by little, you will reach your start money again. So, you can't make a living in such way. The casino earn from the regular players. But not from all players. And here comes the betting strategies, which help you win the "unbeatable roulette". But first…
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