It’s fun spinning the roulette wheel. Roulette is awesome casino game that can be played for fun or with real money at online casinos. The most important thing you should be aware of when playing roulette is that there are two main types: American and European roulette. There is a third version with a ‘000’ square, but this isn’t as widespread. While the former is the version of choice in the U.S., the latter is the standard pretty much everywhere else in the world. However, most casinos offer both to their players. The main difference is that the European version has 37 squares or numbers with only one single-zero square while the American version has 38 numbered squares with an extra double-zero square.
The squares numbered 1 to 36 alternate between red and black while the squares that contain 0 or 00 are green. This simple setup allows for a surprising range of odds and ways to place bets. The winning number each round is determined by the croupier spinning the wheel in one direction and then throwing the ball along it in the opposite one. The number that the ball comes to a stop on wins.
How to play High Limit Roulette?
To play high limit roulette you need to find a Aussie friendly online casino that offers high limit Roulette tables. You have to try and guess the number on which the ball will stop. The most complex part of the game is learning the ways you can bet and what odds or payouts come with those bets.
The croupier will first clear the table so that everyone can place their bets. You then place your bets by putting your chips on the number you want to bet on or on other designated areas of the table that represent different sets of numbers. The dealer will then announce when players are no longer allowed to made bets in anticipation of the spinning of the wheel. Once the ball comes to a stop and a winning number is clear, the dealer will announce it and place a dolly on the number. The table will then be cleared by the dealer as he collects losing bets, pays out winning bets, and removes the dolly. The process is then repeated.
There are a number of ways in which you can bet. The simplest is to bet on a single number. If that number comes up, you win big. You can also bet on all black, all red, evens or odds, sets of six numbers (called a “six-line”), four numbers (called a “corner”), three numbers (called a “street”), two numbers, dozens and columns. Some of the bets, like “two numbers and a corner,” are made directly on the numbers while the rest have designated areas on the table where you can place your credits.
High Limit Roulette Payouts
The biggest payout you can get on a roulette table is 35:1. You’ll get these odds when you bet on a single number where you’re odds will be 1:37 with a 2.7% chance of winning on European tables and 1:38 with a 2.63% chance of winning on American tables. As you can see, the American tables have worse odds than the European tables with a 5.63% vs 2.7% house edge. Nevertheless, this means that if you bet a $1,000, you could walk away with $36,000. With plenty of odds, any high-roller or risk-taker can find a betting style that suits them.
As high-rollers ourselves, you’re already wondering about maximum bets and maximum payouts at online casinos. The maximum bets and payouts offered by a casino vary greatly depending on a number of factors such as the casino’s risk tolerance, the individual table rules, whether it’s a high-limit table or a VIP table, whether there are live croupiers, etc. For roulette, it can get even more complicated as different types of bets may have different betting limits.
Roulette betting can start as low as $0.1. However, some online offers bets as high as high as $6,000. However, you may still be limited to a $36,000 payout, which means the highest-stake bet you’ll be able to make with that amount is a six-line for a 5:1 payout. However, you’ll be able to place a $1,000 bet on a single number.
That’s also why different odds have different betting maximums. For special VIP tables and events, however, payouts have been known to reach up to $500,000, even at online casinos.
How can you play a game strategically when all the outcomes depend on the random spin of a wheel? That’s the first question people ask when discussing roulette strategies. However, although the results might be random, there are still patterns that can help you mitigate your losses or potentially rake in big wins.
Best Roulette Strategies
Many betting strategies help you manage your risk by playing certain odds every round or help you keep tabs on what you’re winning or losing and at what rate. This type of game management is particularly important for high-limit/high-stakes players that risk it all on every spin of the wheel. Some strategies are also more suitable and have unique benefits for players with a big bankroll.
This is the ultimate high-roller strategy that minimizes playtime and maximizes volatility. But you should decide on a maximum sum of money you want to win (or lose) by the end of the game depends on money in your pocket and how much you wish to lose.
With this figure in mind, your next move is to bet as much as necessary to reach that figure as soon as possible in a single bet. For example, if you want to win $36,000 and you only have $1,000 to start with, you’ll immediately bet on a single number for a payout of 35:1. If you lose, you’ll have to start over again following the same method.
If your total figure to win was $50,000, you would bet until you won $36,000 and then bet it all on a 1:1 payout bet like odds/evens or black/read to pass the mark. This means you’ll inevitably reach odds that will cause you to overshoot your target with high risk. However, it’s definitely a thrilling way to play.
1. Martingale Roulette Strategy
Many players think that this strategy is not that good if you don’t have deep pockets. However, for those that can keep playing at high-stakes for a long time, you’re almost guaranteed to win back your money at some point, even though it might not be a huge payout. The reverse martingale is generally considered the safer bet.
To anyone without an appetite for risk, this strategy might seem absolutely crazy. However, the math behind it checks out. How it works is, you make a bet the first round, if you lose, then you make a bet to win back double of what you lost. It’s easy to see how this can quickly spiral into huge bets and huge payouts. For example, if you bet $1,000 on 8:1 and lose, you’ll then need to make a bet with a possible payout of $2,000, let’s say $150 on 17:1. If you lose again, you’ll need to bet to win back $2,300.
If you lose a number of times in a row, you can always make it back if you have the bankroll and betting limits on your side. Lower betting limits on online casinos make it difficult to take this strategy to the max. Another cool feature of this strategy is that you can bet whichever way you want as long as you double your bet every round.
2. Progressive Bet Roulette Strategy
The classic progressive bet roulette strategy states that you must bet ⅔ of your previous payout in the next bet. By doing so, you always put at least ⅓ of your winnings away every time you get a payout. This strategy is best if you want to maximise play time. A corner is most often paired with the ⅔ strategy. However, you can come up with any combination you wish.
Using this classic strategy, if you bet $1,000 on a corner and win, you’ll have $9,000. You’ll then bet $6,000 on the next round on another corner. However, you could also play ¾ progressive bet and pair it with a six-line. If you bet your initial $1,000 for a $6,000 payout, then you’d bet $4,500 on another six-line for a potential $27,000.
This strategy improves on the briefly mentioned shortcomings of the Reverse Martingale Strategy by employing a bit more variation and improvisation on the part of the player. While you bet your entire winnings from the previous round in each successive bet with the Reverse Martingale Strategy, the Progressive Bet only requires that you bet ⅔ of your winnings in any way you see fit.
You can mix your progressive strategy up even more by playing different pairs at different rounds. If you are playing to get to a certain total, you can adapt your strategy even further to reach your goal.
High Limit Roulette Online tables with live dealers
Most, if not all high rollers will tell you that playing with live dealers online is much better option compared to the Random Number Generator (RNG) games. Not only for roulette but for any casino game like blackjack or baccarat.
In addition, live dealer games have much higher limits which make these tables ideal for high stakes.
However, not all online casinos have the same table limits on their live dealer games. Some casinos have specific branded tables with very high limits that go beyond the average limits that you can find around. Or they just up the limits on some of the standard roulette tables they offer.