How are the RTP and the house edge calculated in roulette?

As I have already mentioned, roulette is a relatively simple game, so it is quite easy to calculate the RTP and the house edge. In this part of the article, I will explain why the casino always has an advantage in roulette, since it is something mathematically related to the operation of this game and its odds.

To do the calculations, I will use European 96Ace online casino roulette without special rules. However, these same calculations can be used for other types of roulette, with some changes that make this game more or less advantageous for the casino.

You could go ahead and do calculations like these for every possible bet of European roulette, but it is not necessary. Roulette bet payouts are calculated using the same formula, which means that each European roulette bet has the same RTP of 97.3% (statistically, the player wins $ 0.973 for every $ 1 wagered).

In the case of American roulette, the calculations are very similar. All you have to do is replace each number “37” in your calculations with “38” since there are 38 possible outcomes in a double zero roulette game.

All results are less likely to occur in American roulette than in European roulette (other than “00”, which does not exist on the roulette wheel of zero), while the payouts are the same. This is precisely why American roulette has a worse RTP of 94.74%.

Furthermore, American roulette has a bet with an even worse RTP (92.1%). This is due to the non-standard odds of winning (5/38) and the payouts (bet x7) of the “top line” bet. The calculation of the RTP for this bet is: Expected value (bet on the top line of $ 1) = $ 7 * (5/38) = 35/38 = 0.921.

The house margin can be easily calculated using RTP as follows:

House margin = 1 – RTP

Conclusion

Roulette is not the most likely to win a casino game, nor is it the most exciting. However, many believe it to be the classiest board game out there, making it a great experience.

In addition, roulette has very simple rules and offers fairly good odds to the player. It can be played even without knowing the mechanics of the game, although I think it is always good to do a little research and study to understand the basic operation and make good decisions.

So I decided to write this article. I hope you found it useful and I wish you good luck at the roulette tables if you decide to try your luck with this game.

Strategies And Guide For Some Of The Most Popular Casino Games

Casino games are undoubtedly one of the most varied forms of gambling out there, and whether you’re a veteran gamer or just having fun from time to time playing slots,

Casino games are dangerous for people who are not very knowledgeable, as they are a mine of opportunities to lose money at once and unseen. Therefore, it is important to have clear concepts such as what is the house edge, what is the best strategy to beat the dealer in blackjack, and what bets are better to avoid in roulette. Reading a solid guide in detail that gives us detailed information on the best slots and table games, and even the opportunity to read the advice of the experts is an excellent starting point to be able to have winning options when we play in any casino.

The Difference Between Skill Games And Games Of Chance

Although people often refer to all casino games as games of chance, the truth is that we can distinguish two different groups: games of skill and games of chance. In order not to get too complicated, we can simply say that skill games are those whose outcome depends on the player’s actions and skill. On the contrary, games of chance always give a random result in which the player has no influence whatsoever. Both types of games can be exciting and extremely entertaining, and the choice of one or the other depends entirely on our personal preferences.

Among the best-known skill games, we can include blackjack, video poker, and online poker. Possibly blackjack is one of the most popular table games in all casinos in the world, and the way we play will decisively influence the profits or losses we obtain. In blackjack, a limited number of hands is dealt with, and there is an optimal play for each situation. By investing a little time and effort, we can learn all the optimal answers, although less experienced players will be happy to know that during online play, they can have all the strategies of blackjack written down to consult them before each play.

As for pure gambling, slot machines are the clearest example, along with roulette and baccarat. There is nothing we can do to influence the spin of the reels or where the roulette ball will land. However, players can find out about the games that offer a higher total return and, therefore, a better chance of winning. Not only that, but in roulette or craps, there are bet types that are more profitable and offer greater possibilities of success.