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Roulette, or little wheel in French, grew popular in late-18th century France. However, it was over a century earlier when Blaise Pascal developed a primitive form of the game during his quest for a perpetual motion machine.

Though the laws of physics got in Pascal’s way, the failed experiment served as a template for one of the best-known casino games of the last 200 years.

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Roulette: big money, no whammy

A popular game in the full scope of casino gaming, roulette offers one of the higher hold percentages for casinos.

Research from the University of Nevada, Las Vegas (UNLV) records how more money is held on roulette tables in Nevada than any of the other popular table games. This includes games like 21, Craps, or Baccarat. It’s by a clear margin of several percentage points to boot.

One might propose a couple reasons why this is the case. The first explanation is that roulette has an inherently higher house advantage, 5.26%, than blackjack or craps. (House advantage is a concept that will be discussed further in this game review.)

Second, in a more abstract sense, roulette highlights a significant concept, one that permeates every casino in the world, the gambler’s fallacy. Defined as a logical fallacy that is the root of many common (illogical) gambling practices, roulette is the perfect game to demonstrate why casinos are profitable ventures. Lose a $5 bet on RED last spin? Why not bet $10 on RED next spin?

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Roulette’s lasting popularity likely stems from its simplicity.

Though there are a few different kinds of bets with different payouts, roulette is ultimately a game where a ball spins around a wheel and lands on a number. Players place wagers on a roulette layout, usually felt, where their wagers (in chips or chip-like markers) are paid or taken based on where the ball lands on the wheel.

The game is generally a hands-on experience for players. They are the ones responsible for marking the felt with their chips or markers. The phrase “chips or markers” is used because casino patrons are welcome to place a casino chip with a cash value directly on the felt. Alternately, they can ask the casino to provide markers, or “lammers” as they are commonly called. (These look very similar to chips.)

Roulette lammers are colorful to differentiate the wagers. A player might pass the croupier (game operator) a $20 bill in exchange for 10 $2 lammers or ask for five lammers, assigning a value of $4 each. Within certain limits, players may ask to assign any value to their lammers. Don’t be afraid to communicate with the croupier when first buying into the game.

Players get paid with their color lammer on winning wagers. When it’s time to cash out, the croupier will be happy to exchange lammers for larger denomination chips with cash value. For reference, a few of the most common bets and their payouts are:

Exact number: 35-1
Color (red or black): 1-1
Even or Odd: 1-1
Thirds / column: 2-1

Roulette odds: the truth in numbers

Roulette has an inherent house advantage of 5.26%. This means that if one bets $100 anywhere on the felt, the player’s expected return is $94.74.

Hold percentage is naturally higher than house advantage. This is because players do not have the bankroll or time to beat the casino in the long run.

Furthermore, roulette affords opportunities to win many multiples of one’s wager, like three, eight, or up to 35 times players’ initial wager. But players can also lose those profits quickly. While other table games have specific wagers manufactured within them that are (in terms of expected value) worse for the player, roulette is generally known by the gambling community to be one of the less friendly games to gambling bankrolls.

A very key point is that every possible wager is equally disadvantageous to the player. A $10 bet on 00 or RED or EVEN would carry the same negative expected value of -$0.526 (fifty-two point six cents).

Prevalence and fun

But let’s face it: roulette just looks fun. Gamblers are willing to trade some house advantage for the long, historic tradition of placing wagers on the classic felt and watching that unmistakable white ball spin around the wheel.

Players experience the excitement of placing their last-second wagers after the ball has been released and begins to spin. Croupiers announce the timeless phrase “no more bets” while making a waving gesture. Then, players eagerly await the ball to fall off the track and land in a compartment on which a unique number (and color) is printed.

The game, however, cannot be found in every casino. Often, roulette is nowhere to be found in jurisdictions that don’t support full Class III Las Vegas-style gambling.

Certainly, roulette is a staple in Las Vegas, Atlantic City, and in casinos all across Europe. But what about in Native American casinos? Or state-sponsored card rooms in places like California or Florida?

Neither the Golden State nor the Sunshine State offer the classic casino game. Governing regulations can be cited for why roulette isn’t offered in certain jurisdictions. Yet a gambling establishment’s ability to operate profitably without the game is also of note.

The times they are a changin’

Casino managers and corporate employees are always reviewing ways to make profita

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