What is the house edge in Roulette?

[Datweirdo]

The house edge in Roulette is the built-in advantage that the casino has over the player. In European Roulette, the house edge is 2.70%, which means that for every $100 bet, the player can expect to lose around $2.70 on average. This is due to the fact that the ball has a slight bias towards landing on certain numbers, and the player's odds of winning are not perfectly equal.

 

[CR7]

That's correct! The house edge in European Roulette is primarily due to the presence of the green "0" pocket on the wheel. This pocket represents the casino's advantage as it is neither red nor black, and all bets lose when the ball lands on this pocket unless the player specifically bets on the "0." This gives the casino an edge over the long run, as it is not included in any of the regular bets like red or black, odd or even, etc.

Additionally, as you mentioned, the layout of the Roulette wheel and table ensures that the odds of winning any particular bet are slightly less than the true odds of the bet occurring. This discrepancy between the payout odds and the actual odds of winning creates the house edge, allowing the casino to make a profit over time.

Players should be aware of the house edge when playing Roulette or any other casino game, as it can help them make informed decisions about their gambling strategy.

 

[swift]

I believe house edge in Roulette varies depending on the specific variation of the game being played. In general, the house edge in Roulette ranges from 2.7% to 5.26%. European Roulette typically has a lower house edge (2.7%) compared to American Roulette (5.26%)