Roulette is a table game and is played on a revolving wheel. This wheel is divided into a several numbered sections. In European Roulette, there is a slot for a single zero, and slots from 1 to 36. There is an extra slot for Double Zero in American Roulette. Thus, in the latter version there are 38 slots.

## What are the basics of the game?

There is a betting table as well which carries all the numbers on the wheel. These numbers are classified into two kinds of bets- Inside and Outside. You place inside bets on one number, two numbers or three numbers. Punters place Outside bets on groups of numbers, such as High/ Low, Odd/ Even/, and Black/ Red.

Inside bets have low odds but high payouts. For example, if you laid a bet on 1 and this bet came true, your payout would be 35:1. This means you win 35x your staked amount. You can also place bets on two adjoining numbers, such as 2/3 in which case the payout will be 17:1.

## What are Outside bets?

As said earlier, you lay these on distinct number groupings. For example, if you laid a bet on Black or Red numbers, that would be an Outside Bet. In this case, the payout would be 2:1. Some Outside bets can pay you 1:1. These bets have higher odds than Inside bets, but as you can see, these have lower payouts.

You should also understand the various odds on different Roulette versions. Since there is a single zero in European Roulette, the odds in this game are better than the American version. In the latter, the presence of a Double Zero makes winning the game harder. There is another Roulette version- En Prison. This version applies to even money bets.

## What strategies work on Roulette?

You should choose a table having the lowest minimum bets. If you bet $1 on Even and $1 on Black, you could win $2 if the ball lands on 10. The point here is that you should optimize your Outside bets. You will break even if the ball stops at 16 Red. Outside bets include Dozens, and Columns.

The Dozens bet includes 1-12, 13-24, and 25-36, and the payout is 2:1. You can get the same payout when you bet on one of the 3 columns in the betting table. Outside bets are good for conservative players. If you are an aggressive bettor, then consider placing Inside bets. These bets should be placed in moderation.

## What are the various odds in Inside bets?

A Straight Bet in European Roulette has a 2.6% odds. On the other hand, this odds increases to 2.7% in American Roulette because of an additional Double Zero. Similarly, the odds vary for the same Inside Bets across European and American Roulette. Odds in the latter version are lower than in the European version.

This doesn't mean you should never play American Roulette. Both versions have these same payouts, though. However, you can use some betting strategies to lower the house edge on American Roulette. For instance, you can deploy the Fibonacci strategy to reduce the house edge. This strategy progresses in the manner 1,1, 2, 3, 5, and so on.

## What are some betting strategies for Roulette?

Some gamblers double their bets on losing bets and halve the bets upon winning. This Martingale betting strategy banks on the assumption that you will win ultimately at some point. However, since many online casinos have upper betting limits, you can't use this betting strategy for very long. Please continue reading this gambling guide.

The Grand Martingale betting strategy is a bigger version of the Martingale strategy we discussed above. Every time you lose your bet in your game, you double your stake plus add an extra amount of money to it. You would need a very big sum of money to execute this betting strategy, though.