Roulette Gambling – Know Your Odds!

Go on, admit it! You used to love watching all those famous Hollywood blockbusters. You remember the ones, the star and the beautiful blond sat by the roulette wheel in the casino. Even to this day, Roulette can build up a very romantic picture in your mind.

With the emergence of the internet, no longer is the Roulette wheel a mere fantasy, but it has been brought into our homes. So are there any specifics about Roulette gambling you need to know, whether at the casino or on the net.

Firstly, you need to be aware of the differences of the American and European Roulette wheel. The American wheel has a total of 38 numbers including a two zeros. The European version has just the one zero and 37 numbers on the wheel DEWA POKER .

I am sure you have seen many a roulette player placing their chips on just one significant number most times. However, it must be said, that the best form of Roulette gambling is lowering your odds and playing safe. You can significantly improve your chances of winning by placing your bet on either even or odd numbers, or red or black. This gives you a fantastic straight win or loss opportunity. The only chance of losing is if the ball lands on the opposite colour, the opposite number sequence or indeed a zero. Imagine if you chose to bet on just one particular number, your odds of winning are just 1 in 37/38.

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Have you ever thought about gambling with the house’s money to win the lottery? It’s kind of like a strategy that some people successfully use in blackjack at the casino. Basically, what they do is bet a constant bet on each hand and when they win they double their bet on the next hand; in that next hand, they are, essentially, playing their regular bet, plus what the house gave them on their last hand. So, they are betting with the house’s money.

How could you take that blackjack strategy to win the lottery? Let me explain in an example. I’ll use the Lotto 6/49 lottery in Canada as my example, which costs $2 to play. The odds of winning Lotto 6/49 when you buy just one ticket is approximately 1-in-14-million.

Let’s say you buy one Lotto 6/49 ticket every Saturday. That means you gamble $2 per week. So, you are prepared to lose $2 every week. Your odds of winning the jackpot on any particular week would be 1-in-14-million. But, there are smaller prizes to be won. Let’s say you match 3-out-of-6 numbers to win $10. If you use the strategy of gambling with the house’s money to win the lottery, you would take that $10, plus the $2 your normal bet to buy $12 worth of tickets the following Saturday. That means you would buy six tickets ($12 divided by $2 per ticket). Do you know what happens to your odds when you buy six tickets instead of one? The odds get better. The odds of winning Lotto 6/49 with six tickets would be approximately 1-in-2.3-million. Much better than 1-in-14-million, right?

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