Best roulette bets

The best roulette bet is dependent on what you are after playing roulette. Are you seeking to maximise winnings? Length of time playing? Maximise your chance of being up after a certain amount of time?

To start, it is worth noting that it is impossible to be up in the long run in roulette. Its a negative expectation game so you may walk away up sometimes but more than likely you will walk away down.

The payout for American Roulette with the double Zero is 94.7%. As practically all online casinos offer a single zero European version which has a payout of 97.3%, it makes more sense to play on that rather than on the American version. So for starters, improve your chance of winning by simply playing on a single zero table.

Secondly, some tables offer En Prison or le partage rules. These are popular in British land casinos. Basically, if the ball lands on zero, you get half your stake back if the ball lands on zero. This means that at a table which offers En prison, your best roulette bets are the even money ones of red/black, high/low and odd/even. The house edge is merely 1.35%. On a standard European table with a single zero, and no En Prison type rule, all bets have the same house edge.

This means in the long run, it doesn’t really matter what bet you place. Your winnings will be the same. However, as Keynes once said “in the long run, we are all dead”. Basically, he’s saying don’t care too much about the long run, its what matters in the short and medium term that counts (he was talking about macroeconomic theory too not roulette).

In the short term, betting on the inside, gives you wild swings in your bank roll. You win more but less often. For the outside bets, you win less but more often. Theoretically in the long run, it makes no difference what you bet on but in reality it will matter. There is less of chance of bankruptcy betting on the outside but you can not win as much. On the inside, you can win a lot more but your risk of ruin is a lot higher.

So the best roulette bets depends on what you are after and the type of thrill you want. If you can cope with big losses and big wins then play on the inside. If you want a longer, more stable experience then play on the outside.

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