That’s not possible, because the casino always has a statistical advantage over you when playing roulette. You statistically lose money with every bet you make, which is why any attempt to systematically win on roulette is not possible, with the exception of some of the cases described in my how to beat roulette article. They know you won’t do the maths. One Quora user who used to live in Reno, Nevada, explains that casinos love to advertise their payback rate, or how much money people aren’t losing in their.

1. The biggest mistake a novice in Black Jack makes is not playing the dealers hand instead of just their own. What your score is means nothing really, it is the total the dealer has that will determine whether you win or lose.
2. On the double zero wheel, it has a house edge of 7.89 percent making it the worst bet in Roulette. Double Street bet is a wager on six numbers and pays 5 to 1. You place your chip on the line separating the outside and inside area as you do for the street bet but let it also straddles the row above or below.
3. Gambling is good business, or at least a profitable one. According to the American Gaming Association, in 2012 the 464 commercial casinos in the U.S. Served 76.1 million patrons and grossed $37.34.

Casino gambling can be fun, exciting, and a little nerve-wracking. Knowing which casino games have good odds in your favor (gamble on these!) and which ones to avoid will help you to keep your cool — and as much of your money as possible. By making your money last, you extend your playtime; so manage your money wisely.

Casino Gambling Games with Decent Odds

For gamblers, four casino games offer decent odds. That is, if you made a hundred $1 bets at these recommended casino games, your average loss would only be about a buck. These odds aren’t good enough to retire on, but they stretch your bankroll as far as possible, even if you’re on a limited budget.

How To Make Money On Roulette In Casino

Neither life nor gambling offers any guarantees, and your actual daily results may be far different than your theoretical loss, so plan accordingly.

Jacks or Better Video Poker (the 9/6 Version)

The 9/6 version of Jacks or Better is considered full pay because you get a payout of 9 for 1 for a full house and 6 for 1 for a flush. The 9/6 version is the only one whose payout rate makes it worthwhile to play. Tips for playing this game well include:

• Make sure you’re playing a full-pay 9/6 version by looking at the Full House/Flush payouts for one coin.

• Because of the increased payouts for a royal flush, always play the maximum coins to get the best odds — even if that means finding nickel or quarter machines to stay within your bankroll.

• Never keep a kicker (a high card along with a pair).

• Throw away a small pair (tens or lower) if you have four cards to a flush or three cards to a royal flush.

Blackjack

The way to win at Blackjack is to get better cards than the dealer. The aim is to have your cards add up to a maximum of 21.

• Play the table with the least number of decks.

• Stay away from gimmick games like 6-5 blackjack, Spanish 21, or Super Fun blackjack.

• Remember the following important tips

  Double down on 10 or 11 when dealer shows 2 to 9. (To double down means you double your bet and are allowed just one more card.)

  Stand on 13 to 16 when dealer shows 2 to 6.

• Hit on 12 to 16 when dealer shows 7 or higher.

• Never take insurance.

Craps

Rolling two dice is the essence of craps and what number those dice add up to determine whether bettors on the Pass line win or bettors on the Don’t Pass line do. A new player’s first roll is her come-out roll, and other players wager on what the shooter will roll. The smartest strategy is to stick to the following bets in craps:

• Pass line bet with odds bet

• Come bet with odds

• Don’t pass bet with odds

• Don’t come bet with odds

Baccarat

You may be intimidated by baccarat with its glitz, glamour, and European aura, but behind the stiff exterior lies a decent game for the average bettor because there are only three possible results of each hand and there’s no skill involved — it’s strictly the fall of the cards. A couple tips for doing well:

• Always bet on the banker (house edge is 1.06 percent, meaning if you made a hundred bets of $1, your average loss would be about a buck).

• You can also bet on the player’s hand. (The house edge is only slightly worse than the banker’s hand at 1.24 percent.)

Bets to Avoid in Otherwise Safe Casino Gambling Games

Some casino games are safer to gamble on than others, but even these have versions or bets that’ll drain wallets. Avoid these casino game versions or bets at all costs:

• Jacks or Better Video Poker (6/5 Version): The payouts are much worse on some versions of video poker. For example, when you make a full house on a 6/5 machine, you get paid only six coins instead of nine. Play only the 9/6 version of Jacks or Better.

• Blackjack — the insurance bet: This side bet pays back 2 to 1 when the dealer has a blackjack, but the true odds are closer to 2.2 to 1, making this a losing bet over time. You’re gambling, after all, you’re all about the risk, so forget the insurance.

• Craps — the field and proposition bets: The house edge can be as high as 16 percent for these seductive bad bets. (Can you say ouch?) Stick with Pass, Don’t Pass, and Come bets.

• Baccarat — tie bets: If you want to keep your money, steer clear of this bet; the house has an edge of 14.36 percent on tie bets. You want to enrich yourself, not the house.

Casino Gambling Games to Avoid at All Costs

If you’re gambling in a casino, you know that the odds always favor the house. But some casino games have higher odds for the house than others, including the ones in the following list. Don’t gamble on these games unless you want to go home with a lighter wallet:

• Three-Card Poker

• Let it Ride

• Red Dog

• Roulette

• Caribbean Stud Poker

• Big Six Wheel

• Keno

How to Manage Your Money at a Gambling Casino

Successful casino gamblers understand the math and odds behind the games, but discipline with money is also critical. Managing your money at a casino requires self-control. Use these tips to keep yourself in the safe zone:

• Never borrow money while gambling. Chances are good that you’ll lose it, making a bad situation even worse.

• Only bet what you can afford to lose. Gambling with money you’re scared to lose is neither enjoyable nor wise.

• Set and stick to a budget. Write it on your forehead if you have to, but no matter what, when you hit that number, leave the casino.

• Avoid ATM machines or lines of credit. Using credit is a really easy way to get financially overextended while gambling.

• Limit your playing time. Taking a break keeps your mind sharp.

• Hotel rooms have beds — use them. When you only gamble a few times a year, it’s tempting to play marathon sessions. But your body and your bankroll aren’t built to handle the casino’s pulsating 24/7 schedule, so make sure you sleep and rest.

• Don’t drink and gamble. If the casino serves drinks for free, you should be very suspicious.

• Remember the law of gravity — what goes up must come down. Casino profits soar when players get greedy. Quitting with a small win is far better than losing your shirt.

• Don’t play any game you don’t understand. One of the fastest ways to burn through your cash is to jump into a game where the rules or strategies confuse you.

• Never lie about your wins or losses. If you find yourself deluding a person or several people in your life about your gambling, take pause and reevaluate your gambling.

Roulette offers a bewildering number of betting options, but the bets are actually straightforward enough. In order to make sure you get the correct payout, you’ll want to make sure that you put your chips in exactly the right place on the table. Missing a payout because your chip isn’t in the right spot is a drag.

Roulette payouts are an important part of roulette strategy. They work like this. The odds are stated in the form of x to 1, which means you’ll win x dollars for every dollar you’ve bet. For example, the single number bet offers a payout of 35 to 1. If you win, you’ll get your dollar back plus the $35 for the win.

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Payouts on the Outside Bets

On the edge of the table are a series of bets which are “outside” the 38 numbers on the table. Each of these bets refers to a specific set of numbers or colors. If the ball lands on 0 or 00, you’ll lose on any of the outside bets.

How Do Casinos Make Money On Roulette Games

The outside bets include:

Red or Black – This bet pays out even odds (1 to 1) if the ball lands on the color you chose.

Odd or Even – This bet pays out even odds (1 to 1) if the ball lands on odd or even, depending on which you chose.

Low or High – This bet pays out even money (1 to 1) if the ball lands on 1-18 if you bet low, or if the ball lands on 19-36 if you bet high.

Columns – The numbers on the layout are organized into three columns of twelve numbers each. A “columns” bet wins if the ball lands on one of the numbers in the column you chose. This bet pays out 2 to 1 when you win.

Dozens – There are 36 numbers on the table, so you can bet on the first dozen (1-12), the second dozen (13-24), or the third dozen (25-36). This bet also pays out 2 to 1.

Payouts on the Inside Bets

You can also bet on specific numbers and sets of numbers on the inside of the layout. These bets win less often, but they pay out more when you do win. The house edge on the inside bets is the same as the house edge on the outside bets.

The inside bets for roulette include:

Straight-up – This is a bet on a single number. It pays off at 35 to 1.

Split bet – This is a bet on any two adjacent numbers. You place the chip on the line between the two numbers in order to make this wager. This bet pays out at 17 to 1.

Street bet – This bet covers three numbers. You place your bet on the line outside of the three numbers in the row where you want to win. This bet pays out at 11 to 1.

Corner bet – Some people call this a square bet or a quarter bet. It’s a bet on a corner that makes a square, and it’s a bet on four numbers. A win on this type of bet pays out at 8 to 1.

Five-number bet – You can only make one five-number bet, and it’s the only inside bet that offers different odds from all the others. The problem is that it has a higher house edge, making it the worst bet on the table. This bet is on the numbers 0, 00, 1, 2, and 3, and you place the chip on the outside corner line between the 1 and the 0. This bet pays out 6 to 1, but only masochists place this bet.

Six-number bet – Some people call this a line bet. It covers two adjoining rows of numbers. It pays out at 5 to 1.

How Roulette Payouts Give the Casino an Edge

These payouts all have one thing in common—they pay out less than the true odds of hitting a win. That’s why the casino enjoys a house edge of 5.26% on roulette. Your odds of winning are always less than the payout amounts.

For example, the odds of winning a straight-up bet are 37 to 1. There are 37 numbers on the wheel that lose, and 1 bet on the wheel that will win. But the bet only pays out 35 to 1, not 37 to 1, so the house wins more often than it loses.

A split bet offers you odds of winning of 18 to 1, but it pays off at 17 to 1.

I could list all of them, but you get the idea by now. The casino has an unassailable mathematical advantage on every bet. No betting system or strategy can overcome this advantage.

Of course, in the short run, anything can (and often will) happen. This is called “standard deviation”, and it explains why some people walk away from the roulette table as winners. The mathematically true results only come around the closer you get to an infinite number of spins.

So the best way to approach roulette is as a lark. It’s a fun game. You can relax and socialize while you play. But don’t expect to win, because the odds are against you. And if you do win, walk away and smile, because you beat the odds.