Roulette is an exciting and fun game to play, whether you’re playing online here at Bitcasino or with other players at an actual table. It can be tricky and challenging to pick up the principles of this endlessly fascinating game because of all the different types of bets you can place, but it’s certainly worth the effort.
When playing Bitcoin roulette online, you place your bets as the wheel spins, and the danger, especially for novice players, is that if you don’t know what type of bets are available and how they work, you might seriously slow the game down.
This can be embarrassing, so it’s worth looking at the principles of Bitcoin roulette betting before you enter the virtual casino. If you have some knowledge of the odds, the house edge and the payouts of the various bets, you’ll be able to make a more educated choice when it comes to placing a bet and taking risks.
A cursory glance at our online Bitcoin casino website will reveal that there are at least sixteen types of basic bets available to you in roulette. You can make inside and outside bets on every wheel, and in addition, there are call bets on European wheels and casino-specific bets, along with many other types.
Bitcoin roulette, like other casino games, is essentially a game of chance. There is no specific strategy for winning, even though some players may like to feel that they have a foolproof system. Therefore, any player who hopes to break even when playing roulette must have a basic knowledge of the worst as well as the best bets that are available. When you know something about the worst kinds of bets, you can instinctively avoid them and lower the chances of those bets eating into your bankroll. Even in the case where only small payoffs are available, it’s better to go with the safer bets and avoid the unpopular ones.
Any player new to the game of Bitcoin roulette, or indeed any kind of online gambling with Bitcoin, should learn the rules and know which types of bets are the worst and avoid them like the plague.
To increase your winning odds in Bitcoin roulette or any game at an online Bitcoin casino, it’s crucial to have a good strategy. As long as you stay within the maximum limits of the table, you can place a wide range of different types of bets. Hardly any roulette player places just one bet at a time. At the same time, as you make more and more bets, it becomes increasingly challenging to follow the action.
It’s a good idea to only play outside bets and stick to the minimum for the table. For example, if you play on either black or red for every spin, the payout will be 1:1, and of the 38 combinations available, you’ll have 18 of them covered.
You could also place two different bets for the same amount on two outside bets, one of these on a play for even money and the other on a column that pays 2:1. For instance, you could place a bet on black and another on column three with its eight red numbers. If you do that, four of the 26 numbers you must hit are covered twice. Alternatively, you could place a bet on red and pair that with one on column two, with its eight black numbers, for the same odds.
In addition to playing European roulette rather than American roulette, you can increase your chances of winning by taking advantage of the en prison rule that is offered on some European Bitcoin roulette wheels. This effectively brings the house edge down to an advantageous 1.35% when you place even-money bets. For instance, if you have £15 riding on black and the ball lands on zero, your ball doesn’t win or lose but stay locked for another spin of the wheel. If on the next spin the ball lands on black, you’ll get your original £15 returned by the house, although you will not win anything, and should it land on red, you’ll simply lose. It will stay locked for another round if the ball lands on zero again.
There are a bewildering array of combinations and betting options available in Bitcoin roulette, which is, of course, an intrinsic part of the game’s abiding popularity with novice and experienced players alike. However, some of them are immediately identifiable as offering a relatively high house edge, and an experienced player will know straight off that these bets are very difficult to win.
By keeping clear of these types of bets, you can stay in the game for longer and keep winning with the safer bets. Whether you are playing with Bitcoins or Ethers – and you can use both here at Bitcasino – you’ll want to avoid quickly emptying your bankroll by putting your cash on bets that are clearly identifiable as weak.
Straight bets. You place these bets on one specific number on the gaming table. They are attractive in that they offer a very high payout of 35:1, but at the same time, there is a low probability of those bets winning. It is for this reason that you should avoid this type of bet if you plan to stay in the game and slowly but surely accumulate winnings. On the other hand, you could sacrifice a small sum occasionally on a single number bet, especially if during the game, there have been a reasonable number of other outside bets placed successfully. However, do not count on a straight bet paying off.
Basket bets. A basket bet is betting on five numbers at the same time. These bets are a feature in American roulette and carry an enormous house edge of around 8%. If you’re playing for real money, this is a bet to avoid. In passing, American roulette, in general, carries lower odds overall, and it’s a better strategy to target European roulette games for a much better chance of winning and staying in the game.
Split bets. With split bets, you place bets on two numbers at the same time. The odds of winning a split bet are again very low, but not as low as those of winning a straight bet. Although the split bet’s payout is relatively good - half that of a straight bet – it’s best to steer clear of these bets. Keeping to the safer bets is always the best advice, especially for novice players, even though safe betting will not dramatically increase your bankroll in a short period. It’s better than being wiped out shortly after you get started.
American roulette bets. Because of an extra number in play, namely the 00 wheel spot, American roulette’s house edge increases from the 2.63% for European roulette to 5.26%.
Of course, placing weaker bets does not necessarily mean that you’ll automatically lose, but you’ll certainly have far fewer chances of winning. All the bets available in roulette carry different risks as well as rewards, and as with all forms of gambling, it’s necessary to strike the right balance in accordance with your experience, skills and aims. Factors that you always need to take into consideration are the house edge, the payout and the chances of winning and making a profit.
On the other hand, if you’re by nature a risk taker or have a large bankroll, these bets might be more attractive to you. However, for the average player, it’s far better to stick to the safer bets to stay in the game longer and enjoy the experience without breaking the bank.
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Words: Sean McNulty
Images: Shutterstock and Bitcasino