If you are familiar with Roulette, you would know it has a high house edge. The roulette house edge could go as high as 5.26%. Roulette is a Game of Chance, where you make bets and hope the ball lands on your chosen number. It makes roulette a high-risk but high-reward casino game.
With the rise of online gambling platforms, the competition among them has led to a reduction in the roulette house edge. Bangladesh, a small Muslim majority nation, has also seen an immense growth of online casinos. Physical Casinos are banned in the country because of the anti-gambling laws present in the country ever since the British Raj.
Also, being a Muslim majority nation, the country follows Sharia law that makes gambling socially unacceptable. But with the rise of online gambling sites, the people in Bangladesh have found a quick way to earn extra money.
In this article, we will discuss the impact of house edge on your winnings.
What is a House Edge?
Every casino, whether physical or online, asks players to pay out of their wagers. The rules for house edge are set so that the house retains a percentage of the wagers. This share is the commission the house gets for running the games.
In roulette, if you bet on a single number and the ball lands on your number, the casino pays you 35-to-1 odds. But the probability of the ball landing on your number is less than 1-in-35.
Also, the color of the slots on the wheel does not have any impact on your winnings. Even if the ball falls at the green marking on the wheel, the house will pay you less than even money on a single-digit bet. But they pay you even money on the outside bets like black/red. For better commissions, they provide green marking on the roulette.
The European roulette, also known as single zero roulette, offers a roulette house edge of 2.7%. The American roulette offers a 5.26% house edge, which is almost double the European roulette.
Tips to Reduce the Roulette House Edge
As you know, roulette is a game of chance. Still, there are a few tips and tricks to ensure you beat the high house edge and win.
Learn the Basic Rules of the Game
The standard rule to bet on any casino game is to learn the basic rules of the game first. Roulette is a simple game that does not have complicated rules. Still, you need to learn the types of bets and table etiquettes while betting.
When you learn the basic rules of the roulette game, you won’t make common mistakes and you can eliminate the “hidden edge”. It will be easy for you to note when the casino changes the way how the game is played. They do it to make more money.
Placing Multiple Bets
The frequency of your wins increases when you load more chips on the table in a single-digit bet. It can also increase when you cover the table on the outside bets like red and black.
There are no particular combinations that would help you crack a winning combination and lower the house edge. The only exception that helps increase the edge is if you play the 5 Number bet on 0, 00, 1, 2, 3 on a double zero wheel.
Covering more tables helps increase the frequency of your wins. It only brings down the tension in the game but does not lower the house advantage. The more you bet, the more the chances of you losing the bets. But even if you win a few of the bets, you could end up winning big.
Bet on Two Rows and Four Numbers
This betting method allows you to bet on a total of 17 numbers. The first player bets on six numbers and the chip is placed half inside, half outside, and it also covers the two rows. The players bet 6 chips per rotation.
Out of the six chips, two are placed on each of the two rows and one on the four numbers, plus a straight-up number. In terms of payout in Two Rows, betting on it pays 5 to 1. If you bet two chips, you would win ten chips on it.
Now suppose you bet six chips at the beginning of the roulette game. You lost four chips, one on Straight up, one on Four Numbers, and two on another Two Rows. Thus, 10-4= 6 chips you will win if the ball lands on any of the two rows.
Likewise in four numbers, if you place only one chip at the corner, it pays 8 to 1. You would lose five chips in this case.
Roulette is a game of chance where outcomes depend on your luck on a given day. It is a high-risk high-reward game that comes with a high roulette house edge. So, no matter what you do, the roulette house edge can’t be lowered much.
The only thing you can do is set a bankroll and play within its limits. Don’t get too emotional while betting. The more you bet, the more you would lose. Also, you must prefer playing European roulette, as it comes with a smaller roulette house edge.