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Roulette

 
Frank Scoblete
Meet the Expert
Golden Touch Craps
  • What is "roulette"?
  • What are the basics of roulette?
  • How soon before the wheel stops can I make a bet?
  • What is the house advantage in roulette?
  • What are the odds of a specific number coming up in roulette?
  • If I play a number long enough in roulette will it come up?
  • What is an "on red" or an "on black" bet mean in roulette?
  • What are the odds of winning a color bet in roulette?
  • If I bet on a specific number in roulette and it hits, what do I win?
  • What are the various bets I can make on a roulette table?
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Casino Gambling
 Gambling Basics 
  1. Frank Scoblete
  2. Where is gambling legal? 
  3. What are "offshore" and "online" gambling? 
  4. Are offshore and online gambling legal? 
  5. How do I collect my money from an online or offshore gambling site? 
  6. What scams are common with online or offshore gambling? 
  7. What can I do if I am the victim of an online or offshore gambling scam? 
  8. Do I have to report gambling winnings on my tax returns? 
  9. Can I deduct gambling losses on my tax return? 
  10. Is there any way for the government to know if I won money by gambling? 
  11. What states are currently considering legalizing gambling? 
  12. Is "River Boat" gambling different from casino gambling? 
 Gambling Odds 
  1. Frank Scoblete
  2. What are "odds"? 
  3. In casino gambling, are odds applicable over time, or do they apply to each individual game or trial? 
  4. What is the "house advantage"? 
  5. Which casino games represent the best odds for a player? 
  6. Does the "house" always win? 
  7. What does "playing with the casino's money" mean? 
  8. What is the rule of thumb regarding "when to walk away"? 
 Casino Rules And Practices 
  1. Frank Scoblete
  2. Are gaming rules the same in every casino? 
  3. What is a "table minimum"? 
  4. Do table minimums change at various times of day? 
  5. What are "table maximums"? 
  6. Can I ever make a bet that exceeds the table maximum? 
  7. What does "check change" mean? 
  8. What does "coloring out" mean? 
  9. What is a "pit boss"? 
  10. What does "card counting" mean? 
  11. How can I learn to card count? 
  12. What will happen to me if I'm caught card counting? 
  13. How does casino security know what I am doing? 
  14. What is a "marker"? 
  15. What does it mean to "get rated" in a casino? 
  16. What are "comps"? 
  17. When is the best time to find the lowest stakes tables in a casino? 
  18. How does the casino make money with poker games? 
  19. What is the "vig"? 
  20. When should I tip the dealer and does he get the tip? 
 Gambling: You And Your Money 
  1. Frank Scoblete
  2. Should I have a "gambling budget" when planning to gamble in a casino? 
  3. Can I learn to gamble from the "free gambling seminars" offered by the casino? 
  4. What are some of the scams perpetrated on casino gamblers? 
  5. How do I know if I have a gambling addiction? 
 Blackjack 
  1. Frank Scoblete
  2. What is the basic objective of blackjack? 
  3. What does "hit", "stay", and "bust" mean when playing blackjack? 
  4. What is the "shoe"? 
  5. Why can't I touch the cards when playing blackjack in a casino? 
  6. What are the odds of winning in blackjack? 
  7. What is the "basic blackjack strategy"? 
  8. If I follow the basic strategy for blackjack, will I decrease the house advantage? 
  9. What is a "hard hand"? 
  10. What is a "soft hand"? 
  11. What is "doubling down"? 
  12. What does it mean to "split" a hand? 
  13. What are the "dealer rules" in blackjack? 
  14. What is "insurance" on my blackjack hand? 
  15. What are some basic strategies for playing blackjack? 
  16. What is a "basic strategy card"? 
  17. What factors should I consider in my blackjack strategy? 
  18. When should I double down? 
  19. Should I always split 8's? 
  20. Are there any other cards I should split? 
  21. Should I vary the amount I bet while playing Blackjack? 
 Craps Lingo And Basics 
  1. Frank Scoblete
  2. What is "craps"? 
  3. What are the overall "odds" in craps? 
  4. Do certain bets on the craps table have better odds than others? 
  5. Who is the "shooter"? 
  6. What is the "point"? 
  7. What are the "pass" and "don't pass" lines? 
  8. What is the "come line"? 
  9. What is the "don't come" line? 
  10. What is the "come out roll"? 
  11. Once the shooter has his "point", how long does he roll? 
  12. What is the most basic betting strategy in craps? 
  13. What is the "odds bet" or "backing up" my pass line bet? 
  14. Is there a limit to how much I can "back up" my pass line bet? 
  15. What are "true odds" in craps? 
  16. Should I always back up my pass line bet to get true odds? 
  17. Can I take my odds bet off the table at any time? 
  18. What are the "place bets", and how do they win me money? 
  19. What does the number 7 have to do with the game of craps? 
  20. Can I move my "place bets" on and off the table? 
  21. Should I "cover" all of the "place bets"? 
  22. What are the odds on each of the place bets? 
  23. What are "hard" and "soft" way bets? 
  24. What are the "prop" bets, and what are the odds? 
  25. What is a "Yo" bet? 
 Slot Machines 
  1. Frank Scoblete
  2. How do slot machines work? 
  3. When were slot machines invented? 
  4. Are slot machines the game most favorable to the casino? 
  5. What is a "progressive slot" machine? 
  6. What are the odds of winning on a slot machine? 
  7. What are the odds of winning on a progressive slot machine? 
  8. What is a "loose" slot machine? 
  9. How can I identify a loose slot machine? 
 Poker 
  1. Frank Scoblete
  2. What is "poker"? 
  3. What are the basic poker hands from weakest to strongest? 
  4. What is the difference between "stud" and "draw" poker? 
  5. What is an "ante"? 
  6. What are the "stakes"? 
  7. What does "no limit" mean? 
  8. What does it mean to "raise" and when should I do it? 
  9. What does it mean to "call" and when should I do it? 
  10. What is the basic order of game play in poker? 
 Texas Hold 'Em 
  1. Frank Scoblete
  2. What is "Texas Hold 'Em Poker"? 
  3. What is the basic game play in Texas Hold 'Em Poker? 
  4. What does it mean to "open" in Texas Hold 'Em Poker? 
  5. Who can raise the bet in Texas Hold 'Em Poker? 
  6. What does "fold" mean in Texas Hold 'Em Poker? 
  7. What is the "flop" in Texas Hold 'Em Poker? 
  8. What is the "river" in Texas Hold 'Em Poker? 
  9. What is the "turn" in Texas Hold 'Em Poker? 
  10. When should I fold in Texas Hold 'Em Poker? 
  11. What is a poker "bluff"? 
  12. What is a poker "tell"? 
  13. What does "all in" mean in Texas Hold 'Em Poker? 
  14. How can I calculate the odds of getting the poker hand I am going for? 
  15. How can I play in the big poker tournaments I see on television? 
  16. Can I really learn to play poker online? 
  17. Are internet poker sites legal, and do they pay cash? 
  18. Are the rules the same when playing Texas Hold 'Em online as they are in the casinos? 
Roulette (Now Playing)
  1. Frank Scoblete
 Casino Bets 
  1. Frank Scoblete
  2. What is the "sports book" in a casino? 
  3. What kinds of sports can I bet on at the casino's sports book? 
  4. What does the "line" on a bet in a specific sporting event mean? 
  5. What does it mean when a team is giving or getting "points"? 
  6. How are the odds on a given sports book bet determined by the casino? 
  7. What does "parlay" mean in betting? 
  8. What is a "proposition bet"? 
  9. How does a casino make money on sports betting? 
  10. Can I make Vegas sports book bets over the phone? 
  11. How do I collect on my sports book bets if I am not in Vegas? 
 Lotteries 
  1. Frank Scoblete
  2. What is a "lottery"? 
  3. Are state lotteries the only legal lotteries? 
  4. What if I lost my lottery ticket? 
  5. Do I need my original winning lottery ticket to collect my winnings? 
  6. What does it mean when my winnings are "paid over time"? 
  7. What is a "lump sum" payout? 
  8. How do I calculate the "lump sum" or "over time" lottery payout? 
  9. Can I share a lottery ticket with others? 
Frank Scoblete Mr. Frank Scoblete
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Transcript

Roulette

What is "roulette"?

Roulette could be the second-oldest game ever developed by human beings, and started with Roman soldiers spinning their shields, and asking the gods what would happen. The modern casino version is where they take a big wheel, with either 37 or 38 numbers, spin it and drop a ball into it to determine what number wins. That's roulette.

What are the basics of roulette?

Roulette is a very interesting game. Roulette has a lot of bets. The roulette dealer spins the wheel, spins the ball, and the players place their chips on the table, determining what they're going to bet. As the ball spins around, it drops into one of the pockets on the roulette wheel. Now, in that pocket there will be a color, red or black, or green if it's the "0", or "00" on an American roulette wheel. The number will be either odd or even. It'll be high (over 18) or low (18 or below), or it will be red or black. That's the basic game of roulette.

How soon before the wheel stops can I make a bet?

One of the interesting things about roulette is the fact that the dealer can spin the wheel, spin the ball, and even as this is going on, you can bet. Generally speaking, after two or three turns of the ball around the wheel, the dealer will make a gesture and say, "No more bets." At that point, you cannot place anymore bets.

What is the house advantage in roulette?

There are two types of roulette games: the American roulette game, which has 38 numbers - 1-36, , a zero and a doube-zero, and there's the European roulette game, which has 37 numbers1-36 and only one zero. The "house edge" on the American game is 5.26% and 2.7% on the European. The European-style roulette is a far better game.

What are the odds of a specific number coming up in roulette?

If you take a look at the game of roulette, there are 38 numbers in the American wheel. The odds of one of them coming up is 37 to 1, or 1 chance in 38 spins to hit your number.

If I play a number long enough in roulette will it come up?

One of the typical gambling systems in roulette is to look at numbers that have not hit, and say, "well if I bet the number that hasn't come up, sooner or later it'll come up" - this is a fallacy. That number may not come up for 2, 3 spins or it might come up on the very next spin. Roulette is random, and betting in this way is risky.

What is an "on red" or an "on black" bet mean in roulette?

There are certain bets at the roulette table that are called even money bets. One of these is on red or on black. Your betting that the color of the number that's going to come up next will be either red or black. If it's red you win, if it's black you lose. However, you have two green zeros if either one of those zeros come up, you lose.

What are the odds of winning a color bet in roulette?

In roulette you have certain even money bets, a bet that pays exactly what you've wagered: odd-even, red and black, or high and low. Now, the odds of winning those colour bets are 20 to 18. You have 20 ways to lose a colour bet, 18 ways to win a colour bet, or, 10 to 9, which is about my bedtime.

If I bet on a specific number in roulette and it hits, what do I win?

In roulette, if you bet on a specific number, a win gives you 35 to one. While 35 to one might seem great, the casino are actually shortened the odds down from 37 to one, in order to maintain their "house edge".

What are the various bets I can make on a roulette table?

There are a multitude of bets in roulette: the "straight up" bet, that's where you bet directly on a number, it pays 35 to 1; "even money" bets, like high-low, red-black, or odd-even, those bets pay even money; you can bet on specific "dozens", and they pay 2 to 1; you can bet on several numbers on the table and you can place "even line bets", where you put a bet on a line between two numbers. One of the bad things about the game is that every roulette bet has a 5.26% "house edge".

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Embed single question:

  • What is "roulette"?
  • What are the basics of roulette?
  • How soon before the wheel stops can I make a bet?
  • What is the house advantage in roulette?
  • What are the odds of a specific number coming up in roulette?
  • If I play a number long enough in roulette will it come up?
  • What is an "on red" or an "on black" bet mean in roulette?
  • What are the odds of winning a color bet in roulette?
  • If I bet on a specific number in roulette and it hits, what do I win?
  • What are the various bets I can make on a roulette table?

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