Inside the World of High-Stakes Roulette – Tales From the Table

Nearly 250 years after it was first introduced, roulette remains the most fascinating casino game. Situating the purest form of chance against the shrewdest of betting strategies, it has given rise to countless myths about fortunes won and lost.

Charles Coborn was an enterprising English confidence trickster who once cleaned one million francs from one table at Monte Carlo by exploiting a cheating wheel.

Gameplay

Roulette is a casino game, in which the ball is placed in the wheel which spins, and people bet on the place, where the ball can land. There is 18 red pockets, 18 black pockets, and zero-pocket on the roulette wheel, in the successful spin this ball will be in one of that numbered sockets.

Playing roulette for high stakes requires a hefty betting bank and a sharp eye for money management, an understanding of odds and a repertoire of different bets to place.

The best online roulette casinos have fair payout percentages, honest rules of play, random number generators to determine outcomes, and are licensed by gaming authorities, for example, the Lotteries and Gaming Authority of Malta.

Rules

The player makes a bet by placing a coloured chip on a specific number (or group of numbers) on a layout, and the croupier then spins a wheel in one direction while throwing a ball in the opposite direction around a tilted circular track. The ball eventually loses momentum and falls from the track to rest in one of the numbered divots on the wheel, corresponding to a payout for each type of bet.

More self-control is necessary for responsible high-stakes roulette than for recreational playing as well: it involves not only maintaining a sufficient bankroll and not chasing losses, but also responsible gambling and treating the game seriously, by practising and experimenting with the basic betting systems to gain mastery of the theoretical knowledge. At the same time, while high-stakes responsible playing can be pretty tough, it can also still be fun!

Variations

Online casino operators provides roulette in several versions from traditional European to branded versions such as Auto VIP roulette supplied by the Evolution Gaming company. There are also numerous betting limits which fits different size of a bankroll.

It is only through deep thought and management of budget that one can play responsibly. It is recommended not to use your entire disposable income for gambling as it imparts a lot of emotional strain, and enhance your chances of incurring larger losses.

This means that players should have their bets reflect their perceived risk-to-reward ratio, where, all other things being equal, the higher risk bets have smaller payouts and are less likely to result in losing hands than the more conservative bets.

Odds of winning

It makes sense for players of roulette to make straight bets than to make something like a street or corner bet, in terms of improving their chances of winning, although obviously other bets have different odds and a different payout in each case; the house edge is still high, however.

Its seductiveness has invited tales of big stakes and swindles, making gambling a means to prove one’s mettle with the gods, to make a name for yourself as a gambler.

High Stakes Roulette Online is no gamble because the site assures no limits based on budget, location or person. It offers casinos for both US, UK and EU players – with strict security measures.

Stakes

Playing for big stakes roulette is really high-stakes gambling. For success, bettors have to learn how to make prudent gambles and to wager sufficient money, so that they have the needed freedom to manage their money without slipping too close to the edge.

Only those well-versed in the probabilities and payout odds for different bets are likely to play at these stakes, a point made clear in the FAQs of virtually every online casino under the section describing the rules of the game of roulette.

VIP players aim for that juicy high-stakes gambling experience. And while its glam and bigger bets might have some players hitting the spin button non-stop, it’s helpful to understand the downside of high-roller culture, in addition to its positive aspects, before you buy into the opulent world of the high rollers.

Operators

People squander their life savings on roulette. Gamblers attempt to bet using rules that they believe will ‘beat the game’, as if previous results had some bearing on future ones; so casinos employ many safety measures to protect players’ money.

Increasingly high stakes players are opening new avenues: While they openly restrict domestic play, unlike poker, high stakes online roulette allows US, UK and EU players to circumvent local regulations and play on widely available sites with similar entertainment and bonus experiences.

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