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MGM, Caesars and Red Rock Revenues Rise as Vegas Casino Sector Thrives

09/11/2016 02:02
The strength of the casino market on the Strip is brightening up financial reports, as are domestic markets in general. (Image: Gavin Hellier / Getty Images) A booming Las Vegas Strip helped Nevada’s casino giants to a positive Q3, as MGM Resorts International, Caesars Entertainment Corp and...

Hard Rock Casinos Looks to Rock ‘N’ Roll Into Japan

09/11/2016 02:01
Rock ‘n’ roll was cultivated in the United States, but Hard Rock is hoping to take its casino act to Japan. (Image: Chris Harris/thetimes.co.uk) Hard Rock Café International Inc. is the latest casino company in the United States to set its sights on Japan. The privately owned Florida-based...

Downtown Grand names 4 new executives

21/09/2016 11:38
    A view of the lobby following an official opening ceremony for the Downtown Grand in downtown Las Vegas Tuesday, Nov. 12, 2013.   The Downtown Grand has a slate of new executives. Management announced today that Marie Ramsey was hired as chief financial...

California Indian Tribe to Test Online Poker Laws in Opening Website

17/09/2016 18:41
    Instead of waiting for the California General Assembly to enact regulations for online poker in the state, an Indian tribe in the state has taken the bold step of opening up their own online poker room that will test several state and federal laws. Late last week, the...

BetOnSoft rebrands to Saucify

17/09/2016 17:36
  LONDON -- (PRESS RELEASE) -- Cutting-edge casino games provider BetOnSoft today announces that it has rebranded to Saucify. The new brand name is evocative of adding sauce to a dish to make it more exciting and flavorsome, exactly what Saucify has been doing for the past eight years in the...

IGT-GTECH deal called plus for industry

17/09/2016 17:34
    LAS VEGAS -- IGT - International Game Technology’s $6.4 billion buyout at the hands of lottery giant GTECH Corporation was all about timing. After years without consolidation of the manufacturing side of the gaming industry, the deal between Italy-based GTECH and Nevada-based...

Card Player Poker Tour to make stop at Bicycle Casino in Southern California

10/09/2016 17:33
  (PRESS RELEASE) -- Card Player Media has announced that he next exciting stop on the Card Player Poker Tour will take place at the Bicycle Casino in Bell Gardens, California with a nine-tournament series beginning September 21. The highlight of the series will be the $1,000 no-limit...
1

Know the equipment. Roulette is French for "little wheel." On this wheel are 36 numbers and a 0; on some American tables, there is a "00." A croupier sends a small white ball spinning that will eventually land on one of the numbers. Bets are placed on the table, correlating with the slots the ball can possibly land in.

  • On the table are the numbers and a few other options:
     
    - Watch a 10 second video
  • 1st 12
  • 2nd 12
  • 3rd 12
  • 1-18
  • 19-36
  • Even
  • Odd
  • Black
  • Red

 

2

Know the different "inside" bets. In roulette, you have to anticipate the number or type of pocket on which the ivory ball is going to land. To do this, there are a range of bets you can make.[1] "Inside" bets, or bets placed on specific numbers, generally have higher paying odds. You can bet:

  • "Straight up" betting on one number pays 35 to 1
  • Split betting on two numbers pays 17 to 1
  • "Street" betting on three numbers pays 11 to 1
  • Three numbers can be bet with just one chip. It can be placed on the end of any "street" (the row of 3 numbers) on the table map.
  • Corner betting on four numbers pays 8 to 1
  • The chip lies on the intersection of the four numbers.
  • Six line betting on 6 numbers pays 5 to 1
  • The chip lies on the edge of two adjoining streets.
  • Additionally, for American roulette, there is the Five-number bet which covers "0,00,1,2,3" and pays 6:1, and the Row 00 bet which covers 0 and 00 and pays 17:1.[2]

 

Learn about "outside" bets. These bets do not involve specific numbers and are made on the outside of the number map, hence the name.

  • Color betting (red or black) pays 1 to 1.
  • Even or odd betting pays 1 to 1.
  • Column or betting on 12 numbers pays 2 to 1
  • Dozen betting (1st 12, etc.) pays 2 to 1
  • High or low bets pay 1 to 1.

 

4

Realize your odds. At every roulette table (and at every game in the casino itself), the house always has an edge. All bets at both wheels (French or American) are paid at odds that would be true if only the 36 numbers were on the wheel. Their advantage comes from to 0 -- and the 00 in America.[3]There are theories as to how you can improve your odds, but they don't work. However, there are some variants that change how the favor lies:

  • At American tables, the "00" slot increases the casino's advantage even more. On a roulette table with a single zero, the casino has an advantage of 2.7%. On a roulette table with a double zero, the casino has an advantage of 5.26%.[4]
  • Some French tables will employ rules that generally help out the players. The "La Partage" and "En Prison" rules apply to outside even money bets like odds or even, black or red and low or high; they also apply when the ball lands in the zero slot. They are similar in the sense that players only lose half of their bet, but players cannot leave their bet on the table for another spin with the La Partage rule. If a player loses, they can collect half their bet in the En Prison rule, or leave half their bet on the table for the next spin with the La Partage rule.