All posts by lolroulette

Why you can never win at roulette in the long term

I thought this might be an informative topic to blog about. Many people think there is some strategy out there that can beat the system. It is true for something like blackjack where you can count cards to gain an edge, but that is different because each time the cards are dealt, you know a little extra information about what cards are still in the deck as you count the cards that are used up. This of course become obsolete online because the computer reshuffles the whole deck in a few seconds.

For roulette at land based casinos and online though, each spin has no memory or information of the previous spin. Basically every number on the wheel has an equal chance of being hit by the ball. Normally you would think that if you bet red or black, you would eventually break even because there are an equal number of black and red (50/50 odds) right? Well the thing that trumps all the strategies and betting systems is the green slot which holds a single zero “0”. Even though there is an equal number of each color or equal number of even and odd numbers, your odds are diminished because of this green slot.

Basically this is where the casino makes their money, it is essentially a house number but you can still bet on it. Your odds would normally be 50/50 if you bet on black and red. Over the long term though, every once in awhile, the ball will land in the green slot and everyone betting on black or red loses no matter what. In fact, this slot gives the casino a 2.70% house edge or profit margin on a European and French roulette wheel. On the American roulette wheel, there are TWO green slots with a double zero “00” in the other slot. This means the casino has more green slots in the mix and the ball lands on green more often. In this case, the house has a 5.26% edge over the players, meaning more profits over a shorter time. In fact, the strategy is to never play on an American roulette table, there are utterly no advantages! If you read my page explaining the history of roulette, this table was created way back during the United States gold rush of the 1800’s when casinos got greedy and wanted more money.

Also, the casinos pay out less than true odds so even if there was no green slots and there was a 50/50 absolute chance of landing on red and black, the casino would pay out odds less than 50:50 because they are a business for profit. Betting strategies do make the game more interesting and can sometimes help. For instance, a very rich person could benefit from the Martingale system as long as they didn’t have a astoundingly massive losing streak… Other systems manage your risk and your bankroll essentially but they do not turn roulette into a personal ATM.

Although, biased wheel computer software can really work, yet this is illegal in casinos of course and you can get in trouble if you get caught. It takes a lot of spins for the computer simulation software to select which numbers come up more often from a flaw in the engineering of the wheel. Joesph Jaggers did this in the 1800’s and won a ton of money in Monte Carlo because he was the first to discover a horrendously flawed wheel that let him win over a quarter million francs. This is pretty much the only way you could really win at roulette in the long run, unless of course you collaborate with the dealers and what not.

Most famous bets and wagers in roulette

I wrote a page awhile back about Ashley Revell, who is known for THE most famous wager in roulette history. You know the one, that bet where he sold everything he had and received donations during the publicity. Basically he bet over a hundred grand on a single color and actually won.

Well, I recently found a few other pages about other famous roulette bets and I decided there was enough information to make a new page listing a few of these in case anyone was interested. It’s actually quite fascinating how some of the bets played out. Of course, Ashley Revell will have a page of his own and the YouTube video of that bet.

I also added a few fictional bets (fake ones in movies) that you may have recognized in films and even a music video. I thought this was fitting for the roulette topic and so those were included to the nonfictional ones involving politicians, engineers and con artists. Some people have actually won more money than Ashley Revell in certain bets but many were due to cheating actions such as with biased wheels rather than pure luck. Check out the page if you are interested. I linked to it in the side bar on the right side of this blog or click here to read about the famous roulette bets.

lolRoulette.com – Our New Roulette Blog

Greetings to all visitors.

This here is our new blog dedicated to roulette. We will try to experiment with this blog and see how popular it becomes to fans of roulette. In addition to this blog, our homepage has many guides and learning tools for this game. Our “lol” brand includes many other sites each dedicated to other casino games, but we will try to stick to roulette mostly and miscellaneous topics.

The casinos that we advertise here are of the best quality and were handpicked because of their great reputation around the world. That way you know your money is in safe hands when you gamble online. Many people here already know what roulette is and they are just looking for the best casinos. You can find them right here!

Because we have many other websites, this blog may not be updated frequently but we will not abandon it. Our goal is to one day have the most informative site about roulette on the Internet, but of course this will take some time, so bookmark our site or blog and come back once in awhile.