The rules of roulette are quite easy to grasp despite the broad range of betting options the game offers. Whether it is a straight up bet on an individual number or one on number properties like color, you put some money at stake and play against the house. If you lose, the casino collects your stake. When you win, the house pays you out.
In principle, having some money and learning to differentiate between the available bets are pretty much the only requisites to start playing roulette. However, if you take the game seriously, you should gain at least a rudimentary understanding of probabilities in gambling.
To be more specific, you should understand how the house turns a profit from its roulette tables and acquaint yourself with the concepts of independent trials, true odds, and casino edge. We explain all of them in this article.
Why the Odds Never Change in Roulette?
Ever since roulette was first introduced to the floors of gambling houses, there have been hot debates as to whether the outcomes of subsequent spins are affected by those of previous spins. Indeed, many roulette players base their decisions on past results.
First, they look for a pattern and wait for a given number, color or parity to appear several times in a row. Then, they would either bet on the opposite result because they think it is due or they would back the same outcome/number because it is on a hot run. Both lines of reasoning are flawed because they infer roulette wheels “remember” past events.
This simply is not the case here. Roulette is a game of independent events where the odds of the trials to follow are not affected by the odds of the trials that have previously occurred. Each spin should be considered an isolated trial and as such, it has no impact on the spins that come next.
2How games of independent trials work?
Imagine you are standing in front of a fish tank filled with 50 red and 50 black marbles. You can wager as much money as you wish on what colored marble you will randomly pick from the fish tank. You decide to stake $10 on a black marble.
You stand even chances of winning and losing your money because the number of red marbles in the tank is equal to the number of black ones. You pull out a black marble on the first try and win. Then you put the marble you have just picked back in the tank and prep up for another try.
What are the odds of you taking out a black marble the second time around? If you answered 50 to 50, you are correct. By returning the marble to the tank, you effectively reset the odds so that your first pick bears no impact whatsoever on the result of the second one.
This is an example of how games of independent trials work. Things are pretty much the same in roulette, the only difference being the chances of winning and losing are not equal because of the additional zero pocket. Nevertheless, the true odds remain the same regardless of how many consecutive times the same outcome has occurred. Unless, of course, you are playing on a biased wheel.
3The Concept of Randomness
Ideally, roulette wheels produce completely random results that are not affected by the past. When randomness is at hand, each item from a given set (in this case numbers 0 through 36) has an equal probability of being picked. In other words, it is impossible to predict with certainty which item from the set will get picked.
Similarly, a roulette spin is an isolated, and therefore, independent trial unless the wheel itself shows bias toward specific numbers or sections of numbers causing them to occur more frequently. Potential biases can be detected within several thousands of trials.
Let’s suppose you go through a set of 3,000 or 4,000 spins. Assuming the results you witnessed do not deviate from the mathematical expectation of the game, you are most likely observing a random wheel.
However, if you happen to notice 32 red and 10 black have failed to turn up even once over the course of 4,000 rounds of play, the wheel likely shows some bias against them. One such wheel does not yield truly random results.
Observant roulette players are prone to exploiting such biases. Casino operators do everything within their means to prevent this from happening. Wheels are tested on regularly to ensure they show no bias.
Modern roulette tables are usually equipped with scoreboard where the past ten or twenty results are displayed. These scoreboards serve a double-sided purpose. On one hand, they enable trend bettors to discern patterns and bet accordingly.
On the other hand, they make it easier for the floor personnel to detect biases and take the necessary measures to eliminate them in due time. When randomness is preserved, subsequent outcomes are always unpredictable and unaffected by previous results.
Probability and Odds – Two Sides of the Same Coin
Many unseasoned roulette players use the terms probability and odds interchangeably. Indeed, these can be viewed as the two sides of the same coin. However, there is a not-so-subtle difference between the two concepts and it would be best to learn to distinguish them if you are into casino gambling. Below we explain the concepts of odds and probability in the context of roulette.
How Casinos Gain an Edge Over Roulette Players
The House Always Wins
Understanding The House Edge
House Edge Calculation
Is Winning Consistently Possible in Roulette?
Turning up a profit is the primary concern and purpose of all businesses and gambling operators are no exception to this rule. You have probably heard the popular expression “The house always wins”. And this is true, albeit not for the reasons most laymen think.
Provided that you have read carefully, you probably remember we mentioned earlier the payouts (i.e. the odds at which the casino pays you for winning bets) are smaller than the true odds against winning. This reduction is what causes the house to inevitably win in the long run.View more...