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Roulette Betting Strategy Guide

Roulette Betting Strategy Guide

Roulette is a well-known casino game commonly known as the Blackjack. It is also called the game of the three coins. Roulette originated in France, but today it is played almost anywhere in the world. Roulette is probably most famous for being one of the most famous gambling games in history. It gained in popularity very quickly. The reason was probably because it is one of the easiest to learn and play.

Roulette is a popular online game and you may want to take advantage of that fact when playing online roulette. The Internet has made it very easy for the home gambler to try their luck at roulette online and to win money from it. There are three types of roulette – a house edge, a lower limit or a higher limit. Each type has its own advantages and disadvantages and is discussed below.

House Edge – A house edge is essentially the amount of money that you will lose when you place a bet on a European roulette game. The larger the number of bets that you make, the larger the amount that you will lose. The larger the size of your bankroll, the better. Thus, it is important that you carefully consider whether you want to bet on a single or multiple numbers. A single number game will have you losing more if it lands on a red number. Thus, if you are on a tight budget, it would be better to go with a multiple number bet.

Lower Limit – This type of roulette is just like a single bet. However, the bets are smaller and there are fewer numbers that can win. Thus, a lower limit will allow you to make smaller bets and thus cover your losses faster. This will make it easier for you to stay within your budget.

High Limit – The high limit allows you to place as many bets as you want. However, your winnings are limited to how much you can afford to bet. So, if you are on a tight budget, this may not be the best bet for you to take. It may not even be possible for you to get back the full amount that you spent the last time you played.

Fixed odds – When you place your bets, the chances of your winning are set for the entire duration of the game. You do not change the odds. Thus, you are assured of at least the same odds each time you play. However, there are players that always opt for the fixed odds in order to reduce their bets unnecessarily.

Number of outside bets/inward/outward bets – There are basically two types of bets in Roulette. There are the inside bets that are placed inside the wheel while there are the outside bets that are placed on the side or off the wheel. The more inside bets that you place, the higher your winnings will be. The opposite is true with the amount of outside bets. The more outside bets you place, the lower your winnings will be.

Stakes and Payouts – When you place your bets, you may choose from many different payout options. Some Roulette players prefer to have their winnings converted to cash while others prefer to keep their winnings in the form of points that they can later exchange for cash or prizes. Also, some Roulette players like to have their stakes kept within a single number of pounds. Having a payout option and steak options allows you to choose the payment options that best suit your budget and needs.