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The game of roulette offers a wide variety of betting options. With all the possible betting methods and strategies that players can use in an attempt to get lucky, betting money on Xgtiger Casino roulette can be a difficult, and even exciting, task. The intrigue is that whatever betting decision you make before the next round, you never know if your bet will win or not, because you’re just hoping that your particular bet will work.
Naturally, players try to come up with the best betting strategies, and that’s why the idea of the “best roulette bet” is so thick in the casino air. However, the very concept of “good” – or even “best” – roulette bets is highly controversial. There is no such thing. Let’s take a deeper look at this issue and try to figure out what can be the best roulette bet.
The Odds, the Payouts, and the House Edge
Although the basic rules of roulette are very clear and understandable, players often misunderstand or confuse them. It seems that the whole “best roulette bet” issue stems from a lack of understanding of how the mathematics of roulette work. It’s not even math; rather, it is secondary school arithmetic that has not been given due attention at the appropriate time.
If the “best bet” is the bet with the highest probability of winning, then one of these can certainly be the red/black colored bet. But don’t jump to conclusions too quickly. Yes, the odds are really very high: 48.65% in the European and 47.37% in the American versions of the roulette game. It’s about how often you win. Let’s assume you bet the same amount of money on red for 37 spins. With a probability of 48.65%, you will win on 18.0005 spins and lose on 18.995.
There are three types of roulette bets with very high winning odds: red/black, evens/odds, and lows/highs (1-18, 19-36). But at the same time, these bets have the lowest payout: only 1:1. That means, for every unit you bet, you only receive 1 unit if you win. Your multiple wins (18.0005 in 37 spins) will bring you only 18.0005 units, while losing 18.995 spins will bring you back 1 unit bet over the span of 37 spins.
This is how the odds vs payouts work: on average, you lose 1 bet every 37 spins. Your 2.7% loss is the house edge.
Then perhaps the best roulette bet is the one with the highest payout. Let’s take the example of a one-number straight bet. The payout is 35:1. If you win, you get your bet plus 35 units. Just a great win. But the probability is very low: only 2.7% in European roulette and 2.63% in American. Imagine you are playing European roulette and place a one-number straight bet 37 times. The math is that you lose 36 times to win just once. In this case, your winning rate is 1/37, which is still the same as 2.7%.
This means that there is no difference between high and low payout bets. The odds of winning still work the same way for every bet you make, and this is how casinos make money.
The same applies to all the bets you can make. Take a 4-number square bet, payout 8:1, and the odds are 8.11%, and, again, you should lose 2,7% in European roulette and 5,26% in American. In the final version, there is also a 5 number (top line) bet with a 6:1 payout rate and a higher house edge (7,89%).
In practice, all bets seem to be just different, because the odds vs payouts ratios protect the house edge equally and reliably.
Some players believe that making online roulette bets with higher odds is a good (i.e. less risky) betting strategy, while others think that the game of roulette is a game of chance and should be played more “adventurously,” so they prefer the “riskier” high. payout bets. But the level of risk is almost the same, because the house edge is still the same in the range of all possible bets. Therefore, there is no such thing as “the best roulette bet.”
Or maybe there is and the bet is certain to win on any given round. Which is technically impossible to know until the ball lands.
Conclusion
Are you an avid gaming fan and want to know how to bet on online casino games? At Xgtiger, you’ll get the latest information on this year’s best casino games and a variety of gaming options, all in one place.
To start your online gambling journey, all you need to do is create an account on the site, deposit funds and you’ll be ready to bet on the best and most anticipated casino games.
Frequently asked questions
The best way to win more games on roulette (or to minimize the risk to lose money on the roulette wheel, if you wish) is to focus on the outside bets. Although these roulette bets do not lead to mind-blowing wins, keeping your bets on the odds/even, red/black, and high/low gives you the highest chances to score a win.
