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What About Roulette?

24 Feb 2022

By Royal Flushes
CINDY: Last week we took a look at one of our favorite scenes in the movie “Lost in America” starring Albert Brooks and Julie Hagerty. Hagerty’s character gets them into deep trouble by blowing their nest egg on roulette. So, let’s talk about roulette today.

ABBY: First, it is important to know that there are two distinct versions of the game. The first is the American double-zero (0, 00) version of the game. Here, the wheel has 38 numbers including those zeroes. The second game is called the European game or the French game which has one zero (0) and 37 numbers including that zero.

CINDY: The house edge on those games is different by a rather large degree. The American game has a 5.26 percent house edge. That means you lose about 53 cents per $10 wagered. The European or French game’s expectation is for the player to lose 27 cents per $10 wagered.

ABBY: The payouts for the various bets are the same. If you bet directly on the number(s) you win 35-to-one. You can bet on as many numbers as you wish. Here you can see the first difference in the game. With 38 numbers (1-36 plus the 0 and 00) the odds of winning in the American game are 37 to one but the payout is not that; instead, it is 35-to-one.

CINDY: The European / French version still pays that 35-to-one on a direct hit but there are 37 numbers (1-36 and 0) at that version so the odds of winning are 36-to-one. This reduces the house edge from 5.26 percent to 2.7 percent – a steep decline.

ABBY: In all categories of bets, the single-0 wheel is the preferred wheel in terms of its house edge.

CINDY: There is a caution here and it is this: In the casinos where you have both types of wheels, you will probably find that the house minimum bets on the single-zero wheel are higher. This could make that game actually cost the players more money if they have to bet more than they normally do to play that single-0 wheel. You must be aware of this fact.

ABBY: No sense getting a better game if that game costs you more money.

CINDY: Correct.

ABBY: Now, there are multitudes of other bets at both games that allow the players to bet on more numbers with a single wager.

CINDY: If you want to spend $50 on bets at a $10 minimum table, you can spread them out to $10 per bet on just five inside numbers if you bet directly on the numbers. However, you can place a wager or several wagers on “proposition bets” such as the dozens or columns or even-money bets and cover many more numbers without having to increase your bets from a total of $50.

ABBY: We tend to play the proposition bets.

CINDY: By doing this you do not have to linger through long losing streaks before a big hit. Yes, the wins are smaller on the proposition bets but you have more of a back and forth with the house than you do with the inside-number betting.

ABBY: Next issue, we’ll take a closer look at some of those proposition bets. Stay tuned!

CINDY: Correct.

This article is provided by the Frank Scoblete Network. Melissa A. Kaplan is the network's managing editor. If you would like to use this article on your website, please contact Casino City Press, the exclusive web syndication outlet for the Frank Scoblete Network. To contact Frank, please e-mail him at fscobe@optonline.net.

 
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