Tag Archives: edge
Things You Should Know About Casino Gambling
Casino Gambling involves a lot of risks and require sheer amount of luck if you want to succeed. Besides luck you should also have certain knowledge on how to play and how to utilise your money well. In Earlier days, gambling was considered as illegal but now since it has become legal more and more people are interested in casino gambling. Gambling in Casinos means you can earn some quick money as well as lose them in no time. It all depends on the tricks of playing and how much luck you carry. Casino Gambling involves a lot of risks so before we put our money we should make sure that this is the best betting place where there is less risk of losing money.
Also a new trend of casino gambling through online has been started and many people are finding it better and safe than the casino gambling. There are many risks involved in casino gambling and one such major issue is the security of your money. You have to carry a large sum of money to the casinos and this can be quite risky in terms of thefts. Also at most of the casinos they take certain information from you such your residential address, name, mobile number or even credit card number. Giving such valuable information to unknown people can be quite risky and always there is a risk of this information getting circulated among the people.
But most of the casino owners make their customers feel secure as they have installed video cameras which see to it that no theft or any suspicious thing happen in the casino. Also they have hired personal security people who will make sure that you are safe in that place. With the help of such hi- tech securities they can easily check for any mischief in their casinos.
When you ask a professional casino gambler about what are things you should consider before putting your money into the play in any particular casinos. They would recommend you about two things. Firstly they will ask you to check the rules of playing games in that particular casino. Different casinos have their own rules and this should be first observed by the customer. Then secondly they should check out the house edge. House edge determines the winning chances for the casino owners in terms of percentage. If you a particular casino are having greater house edge, it means that you have a very less chances of winning. So opt for the casinos having a lesser house edge so that you can win more than the casino owners.
Before filling up any forms for the online casino gambling make sure that you don’t end up giving any vital information of yours which could cause any trouble for you in future.
Roulette Odds and Betting
Everyone goes gaga over the roulette wheel and the roulette table but the sensible players always lay stress on roulette odds. Roulette odds clearly define the chances to win or lose. Betting in roulette has its risks and the better you understand the odds the better you can take risks.
Due to the house edge difference between American and European roulette wheels the odds are slightly better in the latter. The American roulette wheel has 38 slots while the European wheel has 37 slots. This is due to the presence of 00 in the American wheel. The house edge in an American wheel is 5.26% compared to 2.70% in a European wheel.
Given below is a comparison of odds between the American and the European roulette wheels.
For a straight bet the odds in an American wheel are 2.63% and in an European wheel are 2.70%. Payout is 35 to 1.
For a split bet the odds in an American wheel are 5.26% and in an European wheel are 5.40%. Payout is 17 to 1.
For a street bet the odds in an American wheel are 7.89% and in an European wheel are 8.10%. Payout is 11 to 1.
For a square bet the odds in an American wheel are 10.53% and in an European wheel are 10.80%. Payout is 8 to 1.
For a column bet the odds in an American wheel are 15.79% and in an European wheel are 16.20%. Payout is 5 to 1.
For a dozen bet the odds in an American wheel are 31.58% and in an European wheel are 32.40%. Payout is 2 to 1.
For high bets, low bets, even bets, odd bets, red bets and black bets the odds in an American wheel are 46.37% and in a European wheel are 48.60%. Payout is 1 to 1.
There is an additional five number bet that can be made on the American wheel where bets are made on a combination of 0, 00, 1, 2 and 3. The odds are 13.16% and the payout is 6 to 1.
As you can see the odds are reversely proportional to payouts. The more risks you take the more you get paid. This is something that has to be kept in mind when betting roulette. Understanding the odds is something one has to do first because this is basic as far as the game of roulette is concerned.