Understanding The Basics Of Roulette Odds And Winnings

Oftentimes, the first time someone lays eyes on a roulette table, he or she often feels confused by what is there. It is quite intimidating at first but after taking the time to learn about roulette odds and winnings, things are a whole lot simpler to grasp. The table is laid out in which the same way as the wheel and each square - or the corner of each square - has its own corresponding wager.

Stakes and Outcomes

The first thing that anyone should understand in terms of roulette odds and winnings is what it actually means to place a wager. People don't have to guess the exact outcome of any given spin; there are tons of different options available from which they can choose and each one has its own payout. Some of these have a high probability of hitting and therefore a low payout; others have an extremely low probability and therefore a much higher payout.

The Lowest and the Highest Prizes

Now that the correlation between roulette odds and winnings is understood, it's time to mention the best examples. An even-money bet is one that has almost a 50/50 shot of winning but only pays even money when it does - the lowest potential profit in the game. However, a straight bet, or a wager on a single number, pays out as much as 36 to 1 whenever it hits - the highest potential profit in the game. There are literally dozens of different options in between from which individuals can choose.

Personalizing Things

It's totally possible to place a stake on four out of the 36 possible outcomes by placing a 'Corner' bet, too. People can even combine these by placing an even-money, a straight, and a corner wager all on the same spin. Once individuals have learned the differences between these, the table itself no longer looks so daunting. They can simply glimpse at it and ultimately determine where they should place their chips to receive the desired results.

Practice Makes Perfect

Once everything starts to make a bit of sense, then it is time to put this knowledge into action. It is recommended that newbies start out with free options so that they aren't losing any money as they are learning. Then, once they feel confident in their skills, they can move on to low-limit options in which they can spend as little as $0.25, $0.50 or $1 per go and climb from there. This way, they can experience the roulette odds and winnings for themselves as they watch the results of their actions.

In summary, each square on the board and the corners that join them stand for very specific actions that you can take. The wider the range upon which a stake is placed, the chances of being successful climb but the prize will be lower. Conversely, the narrower the range upon which a stake is placed, the chances of being successful fall but the prize will be greater.