High Stakes Roulette and Betting Types
As in all casino games, the higher a player wagers the greater the potential payout if they are fortunate enough to win. This is certainly true when playing high stakes roulette as not only will the amount of your wager be a determining factor in the level of your payoff, but so too will be the odds of the type of bet you place on the roulette table.
The paragraphs below look at two of the most common roulette betting scenarios for both high rollers and those playing low stakes roulette:
Stick it all on black
The best odds on the roulette table are also the simplest. These take the form of red or black, and odd or even. Not only are they attractive for beginners or novice players who have not acquainted themselves with the various more complicated roulette betting types such as a street or line, but they also provide the best chance of winning in that barring the ball landing on 0 or 00 (if playing with an American wheel) the winning number will be one or the other.
This high chance of success does however come with the drawback of being the lowest payout. These bets pay 1:1, otherwise known as evens, which means if you win you will double your money by having your original stake returned and receiving winnings of the same amount. Many gamblers will view this as quite a good return for such a short period of time, with many stock market investors wondering why they wait months or even years to double their money when they could have otherwise put it all on red or black at the roulette table and got an instant result! It can be particularly lucrative for those playing for high stakes in the casino as a bet on red of say £10,000 can earn them an instant profit of £10,000 if they win, although they could lose it if lady luck was not smiling upon them for that particular spin and the result was black or one of the zero numbers.
The all or nothing
No matter if you're playing in an online casino, a bricks-and-mortar casino or are enjoying watching the action in a live dealer casino unfolding before your very eyes, just about every player gravitates towards the high risk high reward strategy. In roulette, the highest rewards come with the lowest probability, which is choosing the right number bang on the nose. If you are lucky enough to guess correctly, the payout ratio is 35:1, which means you receive your original stake back plus 35 times the amount. If you are playing for high stakes, this can be a serious amount of money, for that same £10,000 bet on the winning number would see your £10,000 returned, along with a colossal £350,000 in winnings!
Maximise winnings and minimise losses playing high stakes roulette.
Ways to bet when playing roulette for high stakes and big limits.
Playing the European version of roulette increases the odds of winning.
In a game of pure chance, wagering for higher limits in roulette can increase the excitement.
Roulette players will look for any possible bias in the wheel to gain an advantage.
Roulette is often overlooked by those looking to win big from a casino.
Playing roulette in an online casino over the internet versus a land-based casino.
Should high limit roulette players use systems, or should any roulette players for that matter?
Go for low probability but higher reward, or stick with a "safer" roulette wager?
The game of roulette is now more accessible and more diverse than ever before thanks to the internet and online casinos.
There are good points and bad about playing roulette - which is typically a sociable casino game - alone.
Playing high limit roulette in a casino can often leave a player with a lot of valuable chips to protect.
High stakes roulette allows you to win a lot of money, but also runs the risk of you losing a lot too.
Despite the house edge, many players win big when playing roulette for high stakes.
Some casinos will only allow roulette for extremely high limits by special request only.