Roulette is a game that, like many other gambling hobbies, has a history that seems to defy certain historical details. The beginning of the game is unclear. Some credit its beginnings with the French mathematician Blaise Pascal, while others date it further back to Medieval China. Regardless of its origin, this game remains a favorite of casino enthusiasts in both land-based and online casinos.

Learn how to play and what the odds are and the different payouts and you can play roulette very well online. Roulette in all its forms provides an interesting layer to the gambling scene: all odds are set, given that each spin of the wheel begins during the game. There is no relationship from one spin to the next in roulette because they are reset at each spin of the wheel by a new spin.

As with almost all types of gambling games, there is a mathematical factor that anyone who wants to improve their knowledge of aspects of the game can take advantage of. Online roulette is no exception. The fact that the odds are set makes it an exploitable, within a limited range – only to the extent that you can accurately predict where the ball will land on the wheel – like any casino game.

Recognizing some of the odds will allow you to better strategize your betting and increase your winning potential for bigger payouts. It will also minimize the house edge, if only for knowing when to trim that edge at the most appropriate time – when to bet more or not, depending on the odds. This may be the difference between losing everything and staying in the game.

These are the payouts, depending on the bet for the right odds in roulette:

* Live bets: payout 35 to 1
* Split bet: payout 17 to 1
* Street bet: payout 11 to 1
* Square bet: payout 8 to 1
* Line bet: 5 to 1 Payout 1
* Column bet: 2-to-pay 1
* Dozen bet: 2-to-1
payout * Even money bet: 1-to-1 payout

American games actually have worse payouts than European games. That’s because the American game added an additional 0 that catapulted the house edge from 2.7 percent to 5 percent.

With any gambling naturally, you will end up needing some money. Fate plays a definite role. But knowing your odds allows for some calculated bets that can no doubt be in your favor.