The first category of roulette wagers are called “outside bets”. These are placed around the perimeter of the betting board. A player can bet the number will be red or black. They can also bet on whether it be odd or even. One can also wager if the number will fall between 1-18 or whether it be 19-36. All three of these bets pay even money.
Other outside bets are called “dozen bets”. These are either betting an entire vertical column of 12 numbers or betting on ranges of the first twelve, second twelve or third twelve chunks of the board. These dozen bets pay off 2:1 if the number which comes in is within the 12 you selected.
Other bets are called “inside bets”. These involve either betting on a number directly, or a combination of them. Most casinos pay 35:1 if you pick the exact number where the ball lands. That means a $10 bet brings back a whopping $350. However, it is obviously tough to pick the single right number out of all 35.
Decided which bets to make can be perplexing. Some players slog it out on their own with results being mediocre at best. Recently, technology has begun to be applied devising sophisticated systems which analyze trends and forecast future likely results. These roulette algorithms present a powerful tool to a player seeking to erase the built in house advantage.
Each different type bet can have its place in a well defined strategy. Sometimes it might be an outside bet. Other times, maybe a bet on one of the elusive green spaces is in order. Or, often there is a combination of varied bets aimed at yielding highest expectation from that next spin of the roulette wheel. Figuring out which is applicable at a given time is a task better suited to a computer than a player’s guesses.
After they learn how to play roulette, many players make the mistake of losing their initial bankroll by attempting to guess where that ball will land. It takes some players years of hard lessons to finally come to the conclusion that beating roulette requires a more sophisticated approach than just betting your sweetheart’s birthday number. When good software emerges the smart players snap it up before the casinos ensure it disappears from the market.