Don't Waste Money on Roulette Systems

Searching online it's not hard to come across a whole raft of roulette systems. Unfortunately the only roulette system that seems to be guaranteed is buying a casino yourself.

The reason casinos are successful is mostly down to the advantage they have which is known as the house edge.

If you own a casino, you don't need a complicated roulette system, as you will have a built in statistical advantage. Lets try and illustrate what the house edge exactly is by way of illustration. Let's imagine you wanted to cover every number on an European wheel, it would cost you 37 chips - one for each number plux the zero. Of course you are guaranteed selecting the winning number, but you will only receive 36 chips back, a small guaranteed loss.

This actually illustrates the casinos advantage, we can see what the house edge actually represents. The advantage is actually the probability of a single number coming up on the wheel. The probability of any number being spun is 100% divided by the amount of numbers on the wheel which works out as 100/37 or 2.7%.

So that's it, 2.7 percent advantage, doesn't sound much but the mighty casinos of the world where built on this small advantage. On American roulette wheels which have two zeros the advantage is doubled but I hope nobody plays on these! Of course in reality the advantage is probably more than that, reckless gambling, ridiculous betting patterns and unfortunately gambling addiction all skew the advantage further towards the house. Although these additional advantages are of course not guaranteed.

It is little facts like these which explain why so many roulette players study the numbers so very intently. Logically on a completely random roulette wheel this is a pointless exercise but if there is any slight bias in a wheel it can be extremely profitable. Imagine this, for whatever reason you discover over a specific period of time due to some unknown bias in a wheel or croupier, you can eliminate two numbers on the wheel being spun.

This suddenly would turn the house edge on it's head and over to the player who would now experience a similar advantage. A hugely profitable advantage that could be easily monetized with a modicum of luck and a sensible betting strategy. Such are the tales of breaking the bank at Monte Carlo based on, and reportedly do happen. In reality whether these biases exist or not they are certainly difficult to spot.

Article Source: http://casinoarticles.us

Joe is a full time internet marketer especially enjoys promoting this casino tactics and strategies website which helps people play online roulette safely. He also enjoys reviewing roulette systems that promise to beat the house edge but none ever do.

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