Roulette is a classic game of chance that has drawn players to the gaming tables for centuries. But let's not forget, the house always has an edge. This is a percentage that represents the average advantage the casino has over players in the long run.
So, the question remains - is it possible to beat or reduce the house edge? Come with us as we explore whether or not it is possible to beat or reduce the house edge in roulette, what strategies may be used and if the bet size can affect the house edge. Continue reading this Wizard Slots blog to find out!
What Is The House Edge In Roulette?
The house edge in roulette is the casino's advantage over the players in the game. It's calculated as the difference between the odds of winning and the payouts offered by the casino. In essence, it's the percentage representing the house's expected average profit on each player's bet.
However, the house edge varies based on the type of roulette played. For example, in American roulette, which has two zero pockets (0 and 00), the house edge is 5.26%. That means, in theory, for every £100 staked, the casino can expect to earn £5.26 in profit on average.
In contrast, European roulette, which only has one zero pocket (0), has a lower house edge of 2.70%. That is because the odds of potentially winning are slightly higher, and the payouts are also correspondingly higher.
In addition, the house edge is built into the game, and no strategy or system can alter it. Although the house edge may seem small, it can add up over time and may result in significant losses for players. So, understanding the house edge may allow players to make informed betting decisions.
How Does The House Have an Edge In Roulette?
The house edge in roulette is achieved through the game's design and the way bets are structured. For example, let us look at the two types of bets: inside and outside.
Inside bets offer a higher payout and have a lower probability of winning, while outside bets have a lower payout and a higher likelihood of winning. That is because inside bets cover fewer numbers and are less likely to hit, while outside bets cover more numbers and are more likely to hit.
So, the house edge is achieved by offering payouts that are lower than the true odds of the bet winning. For example, a single number bet in roulette has a probability of winning 1 in 38 (or 2.63%) on an American wheel, and 1 in 37 (or 2.70%) on a European wheel.
However, the payout for a single number bet is 35 to 1, which means that the player only receives 35 units for a win and loses one unit for a loss. If playing American roulette, this essentially means that even if you manage to land a single bet win, the house is still profiting by 2 units because the true probability of winning is 1 in 37. In order for it to be a true payout for a winning bet, it should be 37:1 rather than 35:1. This is the house edge.
Another way that the house has an edge in roulette is through the use of zero pockets (0 and 00 in American roulette, and 0 in European roulette). These pockets are typically not covered by any of the usual bets, and if the ball lands in them, all bets are lost. Unless you specifically bet on it. That gives the house an advantage, as the odds of winning are reduced for players.
Is There a Strategy That Puts The Odds In Favour of the Player?
While it may not be possible to beat the house edge in roulette completely, a few strategies may help you potentially reduce it and maximise your chances of success.
- Choose European or French Roulette: As mentioned earlier, European and French roulette offers a lower house edge compared to American roulette. By choosing these versions, you can reduce the house's advantage.
- Outside Bets: Outside bets, such as red/black or even/odd, offer lower possible payouts, but have a higher chance of landing.
- Manage Your Bankroll: It's essential to have a solid bankroll management strategy in place. That means setting a budget for your gambling sessions and sticking to it, regardless of whether you are on a possible winning streak or a losing streak.
- Practise Responsible Gaming: Roulette, like any other form of gambling, should be enjoyed in moderation. Make sure to practise responsible gaming and always gamble within your means.
Most importantly, remember that you may have short-term wins and potentially even big wins, but in the long run, the house edge will always work against you. When playing roulette, it is crucial to keep this in mind and gamble responsibly.
Can Mathematics or Physics Give You an Edge In Roulette?
Another common myth about roulette is that mathematics or physics can be used to give you an edge. For example, some players believe they can use their knowledge of physics to determine where the ball may land based on its speed, trajectory, and other factors.
However, this is a flawed approach for several reasons.
First, the roulette wheel is designed to be unpredictable, and it is nearly impossible to predict where the ball may land accurately.
Second, even if you could accurately predict where the ball would land, the payouts are structured in a way that would still give the house an advantage.
In addition, many casinos use technology that prevents players from using physics or mathematics to try to beat the game. For example, most casino and slot games use Random Number Generators (RNGs) to ensure the game is fair and unpredictable.
Does Your Bet Size Affect The House Edge In Roulette?
The short answer is no. Your bet size does not directly affect the house edge in roulette. Instead, the house edge is calculated based on the odds of each bet potentially winning and the payout for that bet.
So, regardless of how much you bet, the house edge remains the same. However, it's essential to remember that while your bet size doesn't affect the house edge, it does affect your potential winnings.
But, of course, the flip side of this is that the more you bet, the more you may also lose. So, remember to play responsibly.
Is Roulette Rigged?
One of the most persistent myths about roulette is that the game is rigged. But, unfortunately, that is a common misconception, and there is no evidence to suggest that roulette is anything other than a fair game of chance.
The truth is that the house edge is designed to give the casino a mathematical advantage over the player, but this doesn't mean that the game is rigged. Instead, some roulette games operate on a Random Number Generator (RNG), a computer program that randomly selects the winning number.
The RNG is programmed to ensure that the outcome of each spin is truly random and that the house edge is maintained over the long run. In addition, reputable casinos are subject to strict regulations, and the results of each spin are audited regularly to ensure fairness.
Conclusion
In conclusion, while it may be tempting to believe that you can beat the house edge in roulette, the reality is that it is an impossible task. No betting strategy or system can change the odds in your favour, and using mathematics or physics to predict the outcome of spins is a flawed approach.
The best way to approach roulette is to enjoy the game for what it is, set realistic expectations, and always be mindful of the house edge.
*All values (Bet Levels, Maximum Wins, etc.) mentioned in relation to this game are subject to change at any time.