Roulette, which originated as a European game coming from a French world meaning, “small wheel”. Although the game has divided into two different versions, European Roulette and American Roulette, the two are very similar to each other.
In both European and American Roulette, a croupier spins a wheel which has a certain number of separately numbered pockets. The croupier then drops a ball into the spinning wheel, on which players bets are placed. In European Roulette the slots are numbered 1 to 36 and colored red and black, with the number 1 slot being red. There is another green pocket numbered 0, and colored green. The single zero wheel is what distinguishes European Roulette from American Roulette, and the difference causes a large number of variations in the betting system and the odds for the game.
In European Roulette, if a player places a bet on a single number and then wins, the payout is 35 to 1. In this bet the original wager is returned so the total win is the bet multiplied by 36. However, players in European Roulette can bet on many numbers, combinations, ranges, odds and evens and even colors.
The house advantage in European Roulette is 2.7%, as opposed to the 5.3% advantage in American Roulette. This means that in European Roulette the odds of losing money is half that of American Roulette. Also in European Roulette players use a larger table, and players use standard casino chips of differing values.
Although some people have certain strategies for European Roulette, some feel that there are really no specific strategies that will increase the odds of winning. The Martingale betting strategy for European Roulette claims that if the gambler doubles the bet after every loss would cause the player to recover all previous loses with the first win, plus gaining a profit equal to the original bet.