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GamesBox : Online Casino
Games - The Game of Online Roulette
A series of articles which
get updated fairly often to help you on the various gaming aspects
of roulette. From money management to discussing roulette systems
and exposing the truth behind roulette system scams. You will learn
something new and play smarter by reading any or all of these
articles. Enjoy. The expected bet is the product of the total bet
and the probability. Likewise, the expected return is the product of
the total return and the probability. The last row shows this
Martingale bettor to have had an average total bet of 11.81172639
and an average loss of 0.16703451. Dividing the average loss by the
average bet yields .01414141. We now divide 7 by 495 (the house edge
on the pass line) and we again get 0.01414141! This shows that the
Martingale is neither better nor worse than flat betting when
measured by the ratio of expected loss to expected bet. All betting
systems are equal to flat betting when compared this way, as they
should be. In other words, all betting systems are equally
worthless.
Not only do betting's systems fail to beat casino games with a house
advantage, they can't even dent it. Roulette balls and dice simply
have no memory. Every spin in roulette and every toss in craps is
independent of all past events. In the short run you can fool
yourself into thinking a betting system works, by risking a lot to
win a little. However, in the long run no betting system can
withstand the test of time. Furthermore, the longer you play, the
ratio of money lost to money bet will get closer to the expectation
for that game.
The biggest gambling myth is that an event that has not happened
recently becomes overdue and more likely to occur. This is known as
the "gambler's fallacy." Thousands of gamblers have devised betting
systems that attempt to exploit the gambler's fallacy by betting the
opposite way of recent outcomes. For example, waiting for three reds
in roulette and then betting on black. Hucksters sell "guaranteed"
get-rich-quick betting systems that are ultimately based on the
gambler's fallacy. None of them work. If you don't believe me here
is what some other sources say on the topic.
Online Roulette is literally winning the world over, and fast! Even
folks who don't necessarily gamble often mention Roulette as the
game they'd like to play most, should they ever find themselves in a
real gaming room or at any of the online casinos... of which there
are hundreds. Indeed, the excitement of playing Roulette online is
hard to replicate elsewhere and there's nothing like a spinning
wheel to draw folks in!
Well, fortunately for those folks finally thinking of giving into
this exciting game, Roulette online (or off) is a pretty easy game
to master. Also, finding the Online Roulette table that's right for
you couldn't be simpler. Also, if you're new to the game and not
quite yet ready to play with real money, be sure to take advantage
of all the free Roulette games available at most online casinos.
Getting Started - How To Play Roulette Online
Like we said, Online Roulette is basically a game where players put
their money on the table (with divisions for all of the different
possibilities) and hope that the ball racing around that popular
spinning wheel will ultimately end up on the number, colour, or
combination(s) on which players made their bet. In a nutshell,
that's really how it breaks down. Pretty easy to grasp, no?
The payoffs in Roulette games are what everyone is interested in, of
course, as well as what makes the game so exciting! Your winnings
depend on the type of bets you make, and in the thrilling game of
Roulette, you've got plenty of wagering options to play with.
It's possible, for example, to simply put your money down on 'odd'
or 'even' numbers, red or black (or the green "zero" slot),
groupings of numbers, and even columns and/or rows. As you can
imagine, the smaller 'grouping' or the more specific target that you
establish for your bet, the greater your potential payout.
Before diving in and starting to play immediately, it might be a
good idea to take advantage of some free Roulette opportunities
(available at most sites) which represent an excellent way to get
your feet wet and familiarize yourself with the rules as well as
advantages of playing Roulette online.
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