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Managing Your Money Playing Roulette

Posted on August 28, 2010 by

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Roulette is a great game. It’s an even better game when you’re able to win money playing it. One of the best ways to win money with roulette is to make sure you manage your money correctly.

 

While you only need to know the rules of roulette to actually play, you should know how to manage your money in order to win at roulette. This means that you need to know the odds of bet you place actually happening.

 

On an American roulette wheel there are 38 numbers – 18 red, 18 black, and 2 green. The bets with the least odds are the ones when you bet on individually numbers while the bets with the best odds of occurring are the ones where you bet on a color or on odd or even numbers.

 

Before you place any bets you should know the odds of that bet occurring. You do this by basically taking what you are betting on and dividing it by the total numbers on the wheel. So if you bet on black, there are 18 spots on the wheel, so if you divide that by 38 (the total number of spots on the wheel) then you will get just over a 47% chance of winning. Though you can’t predict what will happen, over the course of 100 spins the wheel should produce a black result 47 times.

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