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real money online roulette
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playing roulette online for real money
July, 2017 - Roulette is a very popular game at online casinos. Playing real money Roulette online is popular for two main reasons. The first reason is the simplicity of the game. Strategies and tactics are not required to receive the best odds. You could blindly toss a chip on the Roulette table and it would typically receive the same exact odds as a bet made by a veteran Roulette player. I only say "typically" because there can be a slight difference in the house edge on a couple of bets, depending on which version of Roulette you happen to be playing. The other reason for Roulette's popularity is the low house advantage. Every casino game favors the house but Roulette offers better odds than most, especially other luck based games. When you play online Roulette for real money you should make sure that you play at a casino that offers the version of Roulette that has the best odds. There are two common Roulette games available at online casinos and the house edge for one is two times lower than the other so selecting the right game is extremely important. Here are some basic statistics for the types of Roulette offered online:
- American Roulette / Double Zero - You never want to play American / Double Zero Roulette for real money if you can help it. This version is called Double Zero Roulette and it basically doubles the house edge. The difference between this version and the European version is that there is a "0" and "00". Apart from the zeros there are 36 numbers. Betting on a single number pays 35:1 but with the two zeros there are 37 possible outcomes on the spin. This means that the house edge for nearly every bet is 5.26%. If you are forced to play this version the only bad bet you can make is the first five numbers; 0-00-1-2-3. This bet has a house edge of 7.89% and should be avoided at all costs.
- European Roulette / Single Zero - Removing the double zero will reduce the house edge by 50%. This version has a 2.63% house edge and the difference between that and 5.26% is mathematically huge. If you wagered $10, 500 times on an American Roulette table you would be down $263 on average. If you did the same on a single zero table you would only be down $131.50.
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A high house edge will eat into your profits when you have a lucky run. If you play double zero Roulette and win $500 during a single night it stands to reason that you would have won $1,000 if you had opted to play single zero Roulette.
Online roulette vs live roulette for real money
The online Roulette vs live Roulette debate always comes up on casino gambling forums. Which is better for real money players? Online Roulette is generally more profitable compared to playing it live but casino gambling is about more than just the bottom line. Real money gamblers receive more value online through bonuses, VIP programs and other promotions. You can make $10,000 in real money Roulette wagers in a week online and break completely even but when you factor in comp points and bonuses you can easily be up a few hundred dollars. Brick and mortar casinos offer loyalty programs but they are usually fairly generic and offer minimal value to everyone except highrollers. Internet casinos have embraced small stakes gamblers and offer a wide range of perks that live casinos do not and likely cannot match. Here are a few other benefits to playing Roulette online:
- Table minimums - The Roulette tables at a live casino may have a $10-$20 minimum wager requirement while an online casino will allow you to wager as little as $.10.
- Play for free - The day a brick and mortar casino allows people to come in and play for the fun of it is the day that pigs will fly. Online casinos give you unlimited access to play money so you can practice or simply recreationally play Roulette without risking any money.
- Availability & comfort - Driving to your local casino can be a pain and many are not open 24/7. Even after driving to the casino you may have to wait an addition 30-60 minutes for a spot to open up at the Roulette table. Online Roulette can be played directly from the comfort of your own home and you will never have to wait for a table to open up. Turning on your computer, logging in to a casino and sitting at a Roulette table will usually take less than 2 minutes.
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