House Edge at a Roulette Casino

The house average or house edge (also called the expected value) is the amount the player loses relative to a bet, on average. If a player bets on a single number in the American game there is a probability of 1/38 that the player receives 36 times the bet (35 times the bet plus the return of the bet itself), so the house ends up, on average, with a 5.26% edge on each bet.For European roulette the house edge is cut in half, to 2.7%

The house has the same edge on all of the other kinds of bets, except for the five number bet where the house edge is considerably higher (7.89% on an American wheel).

This hose edge makes it kind of hard to win at a roulette casino. Luckily, if you play online at commodore casino, you get a 15-150% signup bonus. Basicaly, this means that if you're making deposits of $200 or more, you can expect to win money over the long haul.

Famous Bets Made at a Roulette Casino

• In 2005, the Howard Stern Show went to Las Vegas and a part of the trip included Artie Lange facing a female pitcher. There was a monetary prize and there was to be one at bat: the monetary prize was to be awarded to Artie if he got a hit or the female pitcher if she struck him out. In the event of a walk the at bat would be done over. There was a condition that if Artie won the challenge he had to put the entire prize (several thousand dollars) on either red or black in roulette. He won the challenge and decided to put the money on black. The wheel was spun and the ball stopped on green.
  
• In 2004, Ashley Revell of London sold all of his possessions, clothing included, and brought US$135,300 to the Plaza Hotel in Las Vegas and put it all on "Red" at the roulette table in a double-or-nothing bet. The ball landed on "Red 7" and Revell walked away with his net-worth doubled to $270,600.
  
• In the music video for Palace & Main by Kent, guitarist Harri Mänty goes to Las Vegas and bets the entire video budget on black. He wins, and the profits were donated to charity.
  
• In the 1942 film Casablanca, Rick's Café Americain has a trick roulette wheel. The croupier can cause it to land on 22 at will. Rick (Humphrey Bogart) urges a Bulgarian refugee with whose case he becomes sympathetic to put his last three chips on 22 and motions to the croupier to let him win. After the man's number dramatically comes up, Rick tells him to let it all ride on 22 and lets him win again. Although the details are not mentioned in the film (the croupier only notes that they are "a couple of thousand" down), it appears that Rick has given the man 3675 (3*35*35) francs.
  
• In the third part of the 1998 film Run, Lola, Run, Lola uses all her money to buy a 100-mark chip. (She is actually just short of 100 marks, but gains the sympathy of a casino employee who gives her the chip for what money she has.) She bets her single chip on 20 and wins. She lets her winnings ride on 20 and wins again, making her total winnings 129,600 marks (29,600 more then she needed).

Actually winning money playing at a Roulette Casino...
Unless you're extroardinary lucky, you can't win money playing roulette at a land casino. The house has an edge of 2.7-5.4%. You can't beat that. The cool thing about online gambling is that the overhead of the casinos is so small that they can afford to lose money one many of their players. It's much better odds than the casinos in Vegas. In order to win money playing roulette, you need to play at the Commodore casino Roulette Casino and take advantage of their bonuses. As an example: here is how to win $150.00.

It takes a bit of work, but it doesn't take any luck...

* Download and install FREE Commodore Casino software.
* Open the software and click on "Play for Real Money".
* Select "Create Account".
* Make your first deposit and they will instantly credit your account with up to an additional $200.00!
* Make $6,000 worth of bets 15 * [deposit + bonus]
* Cash out (you will probably have $350 worth of chips left - for a net win of $150!