Three Common Misconceptions About Roulette
Posted On March 6, 2023
Black or red, take your pick, are you willing to take a gamble on it? Roulette is a game of chance with a small amount of skill required, which has many players coming back for more.
It is easy to understand why, since the game goes through sets quite quickly in comparison to some casino games, the odds are reasonable, and the rules are quite easy to learn. However, there are often myths and misconceptions attached to the game.
Here are some of the most common ones around.
Roulette is the same around the world
While roulette games around the world bears many similarities, there are also distinctly differences which lead to the games being played slightly differently. Variations on betting styles, numbers shown, and the house edges do exist.
For example, in American Roulette the numbers are 1 – 36, with a 0 and a 00 shown on the wheel. In European Roulette, the main numbers stay the same, but there is only a singe 0 on the wheel (which bodes well for players as the 0 and 00 are the main house edges in the game).
In French Roulette (that many consider to be one of the first casino games created), there are far fewer betting options. Other variations such as multi-wheel roulette are fun to play, but can be hard for beginner roulette players to stay on top of their plays as usually three wheels are on the go simultaneously.
Multiplayer roulette is another option that can be fun to play for those who like the social aspects of the game, but has little to offer players besides the ability to chat besides a table.
The Martingale System Is The Best
Betting strategies have existed for hundreds of years for hundreds of games, and online roulette is no exception. Many players looking to gain an edge in playing roulette often stumble across the Martingale System.
The high bankroll required to even out the odds deters most players after they have tried it for a time or two. As it stands, playing the Martingale System is a decent betting strategy for those who can afford it, but there is no proof that betting in this way for the average Joe will result in a higher ratio of winnings – especially if they are on a losing streak and cannot afford to keeping upping their bets.
The Gamblers Fallacy
Well known by many experienced gamblers, the aptly named Gamblers fallacy is where a player assumes that due to their losing streak, their very next round will be their lucky one – their big break.
The Gamblers Fallacy is encountered when assumptions are made that due to past plays, and upcoming result is guaranteed – I.e.; the past 4 spins have been red, which means the next spin just HAS to be black. This is an incorrect assumption, since each spin has its own odds ratio (of around 50/50 odds), and previous results don’t come into play with what colour will be landed on.
As always, when emotions are heightened, it is easy to bet more than you should – which is why savvy players only take and make bankrolls with what they can afford to lose.