Learn the basics of bitcoin roulette, how to play bitcoin roulette and learn some great bitcoin roulette tips with Bitcoin Casino Boss’s bitcoin roulette guide!
- Beginner friendly
- Fast-paced action
- Lots of themes and varieties available
- Progressive strategies don't help
Roulette has been around since the 18th century. Despite undergoing a massive change in technology from the early days, roulette is still the ultimate bitcoin casino game.
Despite meaning “little wheel” in French, roulette has been known to turn players from broke to millionaires in just a few sessions.
But what is roulette, how do you play roulette and how can you win when playing roulette? Bitcoin Casino Boss has your back!
What is Roulette?
Roulette is a casino game that is played on a wheel consisting of 37 or 38 pockets. Once the round begins, a croupier will spin the wheel and spin a ball in the opposite direction.
The ball then lands in one of the pockets and that number is declared the winner.
A European roulette wheel has 37 pockets, consisting of numbers 0 through to 36, while an American roulette wheel has 38 pockets, consisting of 0, 00 and all the other numbers through to 36.
You can place bets on a range of outcomes, each with different probability of being the winning result, and therefore each bet comes with a different payout.
What Bets Can I Make in Roulette?
There are 20 different types of bets that you can make in European roulette and 21 that you can make in American roulette.
Each has a slightly different selection of numbers and different amount of numbers in the bet.
Generally speaking, the more numbers that are in the bet selection, the lower the payout value.
These are the bets that you can make in both European and American roulette:
| Bet Name | Bet Selection | Payout |
|---|---|---|
| 0 | 0 | 35:1 |
| 00 – US Only | 00 | 35:1 |
| Straight Up | Any Single Number | 35:1 |
| Row | 0 & 00 | 17:1 |
| Split | Any two vertically or horizontally adjoining numbers | 17:1 |
| Street | 3 horizontal numbers | 11:1 |
| Corner | 4 numbers in adjoined in a block | 8:1 |
| Basket – EU | 0, 1, 2, 3 | 8:1 |
| Basket – US | 0, 00, 1, 2, 3 | 6:1 |
| Six Line | 6 numbers from 2 horizontal rows | 5:1 |
| 1st Column | 1, 4, 7, 10, 13, 16, 19, 22, 25, 28, 31, 34 | 2:1 |
| 2nd Column | 2, 5, 8, 11, 14, 17, 20, 23, 26, 29, 32, 35 | 2:1 |
| 3rd Column | 3, 6, 9, 12, 15, 18, 21, 24, 27, 30, 33, 36 | 2:1 |
| 1st Dozen | 1 through 12 | 2:1 |
| 2nd Dozen | 13 through 25 | 2:1 |
| 3rd Dozen | 25 through 36 | 2:1 |
| Odd | All odd numbers | 1:1 |
| Even | All even numbers | 1:1 |
| Red | All red numbers | 1:1 |
| Black | All black numbers | 1:1 |
| Low | 1 through 18 | 1:1 |
| High | 19 through 36 | 1:1 |
How Do I Place Bets in Bitcoin Roulette?
When you’re ready to join the world of bitcoin roulette, all you have to do is head to your favorite bitcoin casino that has live roulette and make a deposit.
Once your account is funded, you can head on over to the various bitcoin roulette tables available. Most good bitcoin casinos will have random number generated (RNG) and live bitcoin roulette for you to pick from.
There’s no real difference, but a lot of people are superstitious when it comes to the RNG games and they prefer to see a real human spin the ball.
Once the game has loaded, simply decide which bet you wish to make, select your chips by clicking on the chip value, then click on the interactive betting board where you wish to place your bets.
You can only place bets when betting is open, that’s after a round is completed and before the ball slows to a certain speed.
To help place bets faster, you can use the rebet feature. This will place the same bet you placed in the previous round.
Some bitcoin roulette streams will also have a feature with popular bets saved, meaning you just click on the bet type you wish to place.
How Do I Work Out My Bitcoin Roulette Winnings?
If you are unsure as to how much money you will make if your bet in bitcoin roulette comes in, then don’t panic – you’re not alone.
It’s really common for people to not understand the payouts in roulette. To make life simpler, you can refer to our table above that shows you the bet you can make and the payout rate, or check out the rate by clicking on the game name once you’re playing a live roulette stream.
Let’s say that you place a 1 m₿ bet on red and the ball lands on a red number. You’ll win 1 m₿ and you’ll get your 1 m₿ stake back, meaning you’ll now have 2 m₿.
On the other hand, if you place a 1 m₿ bet on 36 and it comes in, you’ll win 35 m₿ plus your 1 m₿ stake back.
To calculate your potential winnings, you can use this simple formula: stake*payout+stake.
What’s the Bitcoin Roulette House Edge Like?
You’ve probably heard the saying that goes “the house always wins”. Sadly, all casino games are created with an advantage towards the house. There are a few instances in which you can use skill to reduce the edge, but in roulette, it’s all down to chance.
In European roulette, the house edge is about 2.7%, meaning the return to player (RTP) is 97.3%. This applies to all bets on the European roulette wheel.
The American roulette house edge is about 5.26% with an RTP of 94.74. This is because of the 00 pocket on the wheel. If you place a basket bet on the American roulette wheel, the house edge increases to 7.89% with an RTP of 92.11%.
As you can see, the European roulette variant is far better for you as a player. So, do yourself a favor and make sure you’re playing at a European roulette table if you want to stand the best chance of winning.
What’s the Best Bitcoin Roulette Strategy?
There are many people out there who claim to have the ultimate roulette strategy that will help you earn millions. But, the truth is, the only way to make millions from roulette is to claim you’ve got a strategy and write a book about it.
Roulette is a game of luck. You cannot successfully predict the outcome of the next round and you cannot apply any skill to the game to tip the odds in your favor.
Because of this, progressive strategies like the Martingale will only cause you to go bust sooner or later. You might have great success using these strategies over the short-term, but on a negative expectation game like roulette, the odds are always stacked against you.
Let’s stick with the Martingale strategy for a minute. Let’s say you’ve got a 128 m₿ bankroll. If you start by placing a 2 m₿ bet, you can only afford to lose 6 times in a row before you blow through your bank roll.
Now, you’re probably thinking, but what are the chances of losing 6 times in a row? The answer? It happens a lot more often than you think.
You see, roulette is totally random, meaning you can go on red or black streaks for a very long period of time.
For this reason, playing strategies like the Martingale can be very dangerous and short lived. If you’re going to play bitcoin roulette, pick 8 numbers and stick to them, kind of like the lottery.
The Verdict
Bitcoin roulette can be great fun, and if lady luck is on your side, you can make a good deal of bitcoin.
However, if it’s not your night and you’re using a progressive strategy, you can burn through your stack of chips faster than you can say Martingale.
If you’re planning on playing bitcoin roulette, consider forfeiting any deposit bonuses as they can often impact your ability to bet over a certain size.
If there are cashback promotions on table games, such as roulette, they’re always great to take advantage of. This is the time when you make the most money.
If you’ve still got any questions, don’t hesitate to send us a message or drop a comment below.
Good luck!
