- If you set a specific starting balance however, the simulations will stop when you run out of money. How much you're betting on each spin of the wheel. Which type of bet you're making. Red/Black is more likely to win but has a payout of 1:1, whereas betting on a Single Number is less likely to win but has a much higher.
- If you want to win, for example, €100 in one day, then try to reach it in 5 sessions. By winning €20 during each of the 5 sessions, at end of the day you will have €100. It is easier to win €20 in one session than directly €100, isn't it? But the result is the same: €100 income.
However the chances of winning are 1/37 because there are 37 numbers and only one winner. This means if you play 37 times, it will cost you £37, and on average. you should win once which will give you £36. In other words, if you play for years and years, for every £37 you bet, you'll get back £36.
What is this?
This tool shows how much you might win or lose playing roulette.
The chart shows multiple simulations where you make the same type of bet with the same amount of money over a specified number of spins. The results are random, and they simulate the same expected results you would get when playing online roulette or live roulette.
In other words, it just shows you examples of how your balance can change over time when playing roulette, and how different the projected results can be depending on how lucky you get.
How does it work?
You have a few settings to play with:
- Balance. Set your starting balance. If you leave this at zero the simulations will keep going even when you're losing. If you set a specific starting balance however, the simulations will stop when you run out of money.
- Bet Size. How much you're betting on each spin of the wheel.
- Bet Type. Which type of bet you're making. Red/Black is more likely to win but has a payout of 1:1, whereas betting on a Single Number is less likely to win but has a much higher payout of 35:1.
- Spins. How many times you make the same bet.
- Simulations. The number of simulations to show on the graph at one time. This is useful for comparing how the results vary.
Obviously this tool does not simulate all kinds of results of playing roulette, as you may vary your bet size and spread your bets across the table in different ways (e.g. the Snake Bet or Call Bets).
Nonetheless, it's a simple tool for highlighting the variance between the most common type of bets you can make, and how your winnings can fluctuate the more you spin the roulette wheel.
What does it show?
Just try out different simulations and see the results for yourself.
A few of things worth noting:
- The overall trend is down. The casino has the edge, so on average you're expecting to lose a small amount on every bet you make. There may be short-term fluctuations due to luck, but the more you play, the closer you become to your expected losses.
- Betting on a single number has more variance. You will see bigger swings betting on a single number (low probability, high payout) than you will betting on red or black (high probability, low payout). It takes longer for the low probability results to converge on your expected results.
- Randomness is unpredictable. It's amazing to see how different your results can be from one simulation to next, even over a large number of spins.
The unique paths shown in this simulation are one of the reasons why roulette is addictive. When you're playing roulette, you're essentially riding one of the roller coasters in the chart, and you could move in any direction at any time.
What about systems?
Using a betting system will change the pattern of the charts, but it won't change the overall trajectory.
The casino has the edge on every bet you make, and varying your bet size (or where you bet) does not get around this fact. So the shape of the charts will be different (and more interesting), but over the long run the trend will still be downward.
The only way to make money from gambling is to make bets when the edge is in your favor, but the roulette wheel never gives you that opportunity.
What about live roulette?
You should see the same results whether you're playing online roulette or live roulette.
- This simulator uses a computer's random number generator to 'spin' the roulette wheel, and it's similar to how an online roulette casino generates results when you play.
- A live roulette wheel instead uses physics to generate randomness, which is arguably a much better source of randomness than can be found inside a computer.
Nonetheless, this randomness used for this tool is good enough to be representative of both online and live roulette.
A live roulette wheel may have imperfections that could be exploited (à la Joseph Jagger), but in general these wheels are engineering masterpieces designed to capture randomness as fully as possible, and the differences in 'randomness' between live and online roulette are indistinguishable.
But that's a topic for another day. In short, the simulator above applies to live roulette too.
Can I improve my chances of winning?
No, the payouts and probabilities are constant. The only thing you can do is hope to get lucky over the short term.
The more you spin the roulette wheel the closer you move to your expected results (which is to lose an average of 2.70% on every bet you make). One option is to make less bets and hope that luck is on your side, but mathematically you're still fighting the same losing battle.
Roulette offers a bewildering number of betting options, but the bets are actually straightforward enough. In order to make sure you get the correct payout, you'll want to make sure that you put your chips in exactly the right place on the table. Missing a payout because your chip isn't in the right spot is a drag.
Roulette payouts are an important part of roulette strategy. They work like this. The odds are stated in the form of x to 1, which means you'll win x dollars for every dollar you've bet. For example, the single number bet offers a payout of 35 to 1. If you win, you'll get your dollar back plus the $35 for the win.
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Chumba is the best online casino site to play roulette for cash prizes. It's also a great option to practice your roulette strategy online. It's available to players across the US (except Washington state).
Payouts on the Outside Bets
On the edge of the table are a series of bets which are 'outside' the 38 numbers on the table. Each of these bets refers to a specific set of numbers or colors. If the ball lands on 0 or 00, you'll lose on any of the outside bets.
The outside bets include:
Red or Black – This bet pays out even odds (1 to 1) if the ball lands on the color you chose.
Odd or Even – This bet pays out even odds (1 to 1) if the ball lands on odd or even, depending on which you chose.
Low or High – This bet pays out even money (1 to 1) if the ball lands on 1-18 if you bet low, or if the ball lands on 19-36 if you bet high.
Columns – The numbers on the layout are organized into three columns of twelve numbers each. A 'columns' bet wins if the ball lands on one of the numbers in the column you chose. This bet pays out 2 to 1 when you win.
Dozens – There are 36 numbers on the table, so you can bet on the first dozen (1-12), the second dozen (13-24), or the third dozen (25-36). This bet also pays out 2 to 1.
Payouts on the Inside Bets
You can also bet on specific numbers and sets of numbers on the inside of the layout. These bets win less often, but they pay out more when you do win. The house edge on the inside bets is the same as the house edge on the outside bets.
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The inside bets for roulette include:
Straight-up – This is a bet on a single number. It pays off at 35 to 1.
How Do You Win At Roulette
Split bet – This is a bet on any two adjacent numbers. You place the chip on the line between the two numbers in order to make this wager. This bet pays out at 17 to 1.
Street bet – This bet covers three numbers. You place your bet on the line outside of the three numbers in the row where you want to win. This bet pays out at 11 to 1.
Corner bet – Some people call this a square bet or a quarter bet. It's a bet on a corner that makes a square, and it's a bet on four numbers. A win on this type of bet pays out at 8 to 1.
Five-number bet – You can only make one five-number bet, and it's the only inside bet that offers different odds from all the others. The problem is that it has a higher house edge, making it the worst bet on the table. 14-1 odds payout. This bet is on the numbers 0, 00, 1, 2, and 3, and you place the chip on the outside corner line between the 1 and the 0. This bet pays out 6 to 1, but only masochists place this bet.
What is this?
This tool shows how much you might win or lose playing roulette.
The chart shows multiple simulations where you make the same type of bet with the same amount of money over a specified number of spins. The results are random, and they simulate the same expected results you would get when playing online roulette or live roulette.
In other words, it just shows you examples of how your balance can change over time when playing roulette, and how different the projected results can be depending on how lucky you get.
How does it work?
You have a few settings to play with:
- Balance. Set your starting balance. If you leave this at zero the simulations will keep going even when you're losing. If you set a specific starting balance however, the simulations will stop when you run out of money.
- Bet Size. How much you're betting on each spin of the wheel.
- Bet Type. Which type of bet you're making. Red/Black is more likely to win but has a payout of 1:1, whereas betting on a Single Number is less likely to win but has a much higher payout of 35:1.
- Spins. How many times you make the same bet.
- Simulations. The number of simulations to show on the graph at one time. This is useful for comparing how the results vary.
Obviously this tool does not simulate all kinds of results of playing roulette, as you may vary your bet size and spread your bets across the table in different ways (e.g. the Snake Bet or Call Bets).
Nonetheless, it's a simple tool for highlighting the variance between the most common type of bets you can make, and how your winnings can fluctuate the more you spin the roulette wheel.
What does it show?
Just try out different simulations and see the results for yourself.
A few of things worth noting:
- The overall trend is down. The casino has the edge, so on average you're expecting to lose a small amount on every bet you make. There may be short-term fluctuations due to luck, but the more you play, the closer you become to your expected losses.
- Betting on a single number has more variance. You will see bigger swings betting on a single number (low probability, high payout) than you will betting on red or black (high probability, low payout). It takes longer for the low probability results to converge on your expected results.
- Randomness is unpredictable. It's amazing to see how different your results can be from one simulation to next, even over a large number of spins.
The unique paths shown in this simulation are one of the reasons why roulette is addictive. When you're playing roulette, you're essentially riding one of the roller coasters in the chart, and you could move in any direction at any time.
What about systems?
Using a betting system will change the pattern of the charts, but it won't change the overall trajectory.
The casino has the edge on every bet you make, and varying your bet size (or where you bet) does not get around this fact. So the shape of the charts will be different (and more interesting), but over the long run the trend will still be downward.
The only way to make money from gambling is to make bets when the edge is in your favor, but the roulette wheel never gives you that opportunity.
What about live roulette?
You should see the same results whether you're playing online roulette or live roulette.
- This simulator uses a computer's random number generator to 'spin' the roulette wheel, and it's similar to how an online roulette casino generates results when you play.
- A live roulette wheel instead uses physics to generate randomness, which is arguably a much better source of randomness than can be found inside a computer.
Nonetheless, this randomness used for this tool is good enough to be representative of both online and live roulette.
A live roulette wheel may have imperfections that could be exploited (à la Joseph Jagger), but in general these wheels are engineering masterpieces designed to capture randomness as fully as possible, and the differences in 'randomness' between live and online roulette are indistinguishable.
But that's a topic for another day. In short, the simulator above applies to live roulette too.
Can I improve my chances of winning?
No, the payouts and probabilities are constant. The only thing you can do is hope to get lucky over the short term.
The more you spin the roulette wheel the closer you move to your expected results (which is to lose an average of 2.70% on every bet you make). One option is to make less bets and hope that luck is on your side, but mathematically you're still fighting the same losing battle.
Roulette offers a bewildering number of betting options, but the bets are actually straightforward enough. In order to make sure you get the correct payout, you'll want to make sure that you put your chips in exactly the right place on the table. Missing a payout because your chip isn't in the right spot is a drag.
Roulette payouts are an important part of roulette strategy. They work like this. The odds are stated in the form of x to 1, which means you'll win x dollars for every dollar you've bet. For example, the single number bet offers a payout of 35 to 1. If you win, you'll get your dollar back plus the $35 for the win.
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BEST FOR: Playing Online Roulette For Cash Prizes
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Available On: Web Browser
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Chumba Casino
4.6
Chumba Casino ReviewChumba Casino is a gaming site that operates as a sweepstakes casino. It offers a variety of slots, as well as video poker, blackjack, and roulette. Chumba Casino offers a convenient platform with numerous games to choose from. Players can enjoy the games with ease as they can be played directly through a browser with no download required.
Chumba is the best online casino site to play roulette for cash prizes. It's also a great option to practice your roulette strategy online. It's available to players across the US (except Washington state).
Payouts on the Outside Bets
On the edge of the table are a series of bets which are 'outside' the 38 numbers on the table. Each of these bets refers to a specific set of numbers or colors. If the ball lands on 0 or 00, you'll lose on any of the outside bets.
The outside bets include:
Red or Black – This bet pays out even odds (1 to 1) if the ball lands on the color you chose.
Odd or Even – This bet pays out even odds (1 to 1) if the ball lands on odd or even, depending on which you chose.
Low or High – This bet pays out even money (1 to 1) if the ball lands on 1-18 if you bet low, or if the ball lands on 19-36 if you bet high.
Columns – The numbers on the layout are organized into three columns of twelve numbers each. A 'columns' bet wins if the ball lands on one of the numbers in the column you chose. This bet pays out 2 to 1 when you win.
Dozens – There are 36 numbers on the table, so you can bet on the first dozen (1-12), the second dozen (13-24), or the third dozen (25-36). This bet also pays out 2 to 1.
Payouts on the Inside Bets
You can also bet on specific numbers and sets of numbers on the inside of the layout. These bets win less often, but they pay out more when you do win. The house edge on the inside bets is the same as the house edge on the outside bets.
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The inside bets for roulette include:
Straight-up – This is a bet on a single number. It pays off at 35 to 1.
How Do You Win At Roulette
Split bet – This is a bet on any two adjacent numbers. You place the chip on the line between the two numbers in order to make this wager. This bet pays out at 17 to 1.
Street bet – This bet covers three numbers. You place your bet on the line outside of the three numbers in the row where you want to win. This bet pays out at 11 to 1.
Corner bet – Some people call this a square bet or a quarter bet. It's a bet on a corner that makes a square, and it's a bet on four numbers. A win on this type of bet pays out at 8 to 1.
Five-number bet – You can only make one five-number bet, and it's the only inside bet that offers different odds from all the others. The problem is that it has a higher house edge, making it the worst bet on the table. 14-1 odds payout. This bet is on the numbers 0, 00, 1, 2, and 3, and you place the chip on the outside corner line between the 1 and the 0. This bet pays out 6 to 1, but only masochists place this bet.
Six-number bet – Some people call this a line bet. It covers two adjoining rows of numbers. It pays out at 5 to 1.
How Much Do You Win In Roulette
How Roulette Payouts Give the Casino an Edge
These payouts all have one thing in common—they pay out less than the true odds of hitting a win. That's why the casino enjoys a house edge of 5.26% on roulette. Your odds of winning are always less than the payout amounts.
For example, the odds of winning a straight-up bet are 37 to 1. There are 37 numbers on the wheel that lose, and 1 bet on the wheel that will win. But the bet only pays out 35 to 1, not 37 to 1, so the house wins more often than it loses.
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A split bet offers you odds of winning of 18 to 1, but it pays off at 17 to 1.
I could list all of them, but you get the idea by now. The casino has an unassailable mathematical advantage on every bet. No betting system or strategy can overcome this advantage.
Of course, in the short run, anything can (and often will) happen. This is called 'standard deviation', and it explains why some people walk away from the roulette table as winners. The mathematically true results only come around the closer you get to an infinite number of spins.
How To Win At Roulette Every Time
So the best way to approach roulette is as a lark. It's a fun game. You can relax and socialize while you play. But don't expect to win, because the odds are against you. And if you do win, walk away and smile, because you beat the odds.
