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Getting Started with Crypto Roulette: Things to Do & Things to Avoid | Cryptocurrency News | Bitcoin News | Cryptonews


Roulette is one of the most famous casino games of all. The modern version of roulette was likely invented in France in the late 1700s.

After taking brick-and-mortar casinos by storm, roulette was quickly picked up by online casinos. Therefore, it’s no surprise that the game is a major attraction in virtually every crypto casino you’ll find. 

This article provides a quick overview of cryptocurrency roulette before outlining the best and worst tactics.

Crypto Roulette Overview

Crypto roulette sites make it as easy to play as possible. First, consider your betting options and place your chips on the betting table. Press ‘spin’ if playing online roulette, or wait for the croupier to place the ball in the spinning wheel if using live dealer roulette.

In European roulette, there are 37 numbers (0-36), whereas American roulette has 38 numbers (0, 00, and 1-36). The goal of roulette is to predict where the ball will rest on the wheel.

There is a wide range of possible bets, including:

  • Straight up (select a single number)
  • Street (three consecutive numbers in a straight line)
  • Corner (four numbers in a corner)
  • Red or black
  • Even or odd
  • Low (1-18) or high (19-36)

Barring a few select bets, you lose if the ball lands on a zero.

Sensible Crypto Roulette Tactics

Crypto roulette is a game of chance, with the casino holding a distinct advantage on every bet. However, certain tactics can increase or significantly decrease your chances of winning.  

Choose the European Wheel or, Better Yet, Play French Roulette

Because there is a single 0 in European roulette, the house’s edge is 2.7% on most bets. The existence of the 00 in American roulette boosts the casino’s advantage to 5.4%. Consequently, there’s no reason to play the American version unless you like losing money!

French roulette is even better than its European counterpart due to the En Prison and La Partage rules. According to En Prison, if you make a double or nothing bet (such as red/black) and the ball lands on 0, the croupier places a marker on the wager. This action places your bet ‘in prison’ for the next spin. Rather than losing your full stake, your money is risked on the same bet for the next spin, and if you win, the stake is returned.

According to La Partage, you receive half your stake back on a double or nothing bet if the ball lands on 0. These rules reduce the house edge to 1.35% for even money bets.

Stay Outside

You should risk money on outside bets, the term given to low odds wagers such as red/black. 

You win less when successful, but the higher chance of winning means you’re more likely to have tolerable losing streaks. 

With long odds ‘inside bets,’ you could be waiting a long time to win.

Foolish Cryptocurrency Roulette Tactics

Here are a couple of things to avoid when playing on crypto roulette sites.

Low-Value Bets

American roulette offers a greater edge to the crypto casino in general, but certain bets are worse than others. 

The basket bet offers the worst value in the American version of the game, and it involves risking money on 0, 00, 1, 2, and 3. 

Regardless of the crypto site you use, the basket bet only pays out at odds of 6/1. As a result, the casino has an edge of almost 8%!

Martingale & Others

The Martingale strategy is one of the most commonly used in roulette and was developed by a French mathematician. According to Martingale, you should double your previous stake every time you lose and reduce it to the original wager after each win.

Therefore, if you bet $10 on spin #1 and lose, you risk $20 on spin #2, $40 on spin #3, etc. If you guess correctly on a spin, your next bet is $10 again. The theory behind the system is that you profit by a unit with every win, but the reality is that you’ll incur huge losses with even a mild losing streak.

Let’s say you bet $10 initially. If you lose six times in a row, which WILL happen if you play cryptocurrency roulette long enough, spin #7 carries a stake of $640. At this point, you’ve lost $630 and are risking a total of $1,270, all to earn a profit of $10. Does that sound like a good idea?

Other unsound roulette strategies include D’Alembert, Labouchere, the 1326 system, and Fibonacci. None of them work on roulette, so don’t waste your time and money!

Final Thoughts on Crypto Roulette

Once you register with any cryptocurrency casino site, you should find it easy to play roulette. Remember that the house has a built-in edge, and the game is one of chance. Therefore, winning is due to luck which means sensible staking is essential.

Use the European wheel instead of the American one, and if you can, play French roulette instead.

Finally, steer clear of so-called winning crypto roulette strategies; they’ll give you false hope and erode your bankroll.  

 

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