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Everyone playing games in a casino either online or offline are bound to be familiar with the concept of a jackpot. Casino players may either win or lose individual games however a Jackpot is a big win which is possible to win in several online casinos, each casino has their own set of rules & regulations.

A popular game for jackpots is the slot machine. There are many types of Jackpot. The pooled jackpot is one of the favorites amongst online gamers since it is a jackpot that is linked to a network of online casinos. Unlike local jackpots, it is likely to be higher winnings and in higher frequency too.

NetEnt casino offers a pooled jackpot since it is linked to a large number of online casinos and involves millions of players. The major benefit is that there is a more frequent chance of winning big.

Common Types of Jackpot

• Flat Jackpot: This jackpot is self-explanatory and is a set sum that remains constant until it has been won. It best suits those players who are on a lower spending budget since it has a lower coin value. It tends to be won more often, but the wins are smaller than other types of jackpots like the progressive ones.

• Standalone Progressive Jackpot: This jackpot grows over time and depends on how it is played. The way it works is that a small portion of each bet goes to the jackpot which keeps it growing. Since it is standalone progressive it is limited to specific casino and will have a jackpot that is lower than wide progressive jackpot.

• Wide Progressive Jackpot: This is one of the most common types of jackpots online. It is similar to a standalone progressive jackpot, the difference being that it is linked to other casinos around the world and grows with the help of contributions from each player and game, irrespective of the location and time of the day. This tends to have a high value which many players find appealing.

• Proprietary Progressive Jackpot: This is one of the biggest jackpots and is also known as an independent jackpot. The prize grows with the help of multiple players with higher gameplay costs. It has a higher value which comes with higher risk as well. It is linked across many gaming machines and it often played by friends or colleagues.

• Pooled Progressive Jackpots: Pooled progressive jackpot has already been explained earlier in this article. There are several games available in many different casinos all linked to a together and add to the jackpot. The winner received the entire jackpot, which is a combined sum from several online casinos and not just the local one.

• Local Progressive Jackpots: A local jackpot as the name suggests is exclusive to a specific casino and grows only with the help of the games played in that casino. Thus, it can be won only by the players of that casino and tends to be a lower amount.

Features of Pooled Jackpots

The pooled jackpot is usually linked to either a local or state-linked slot machine. The local-linked slot machine is a type of pooled jackpot that involves all the slot machines of the same casino. This means the jackpot increases as more players play the slot games. On the other hand, the pooled jackpot for the State Linked Slot machines involves slot machines from several casinos in the city and around the world. There is no limit to the size of the network, thus the jacket can be larger and it is possible for a player to win the entire jackpot irrespective of the casino they play from.

Almost all the well-known online casinos offer roulette on their platforms, and the game is also very easy to play and is addictive in nature. While you are always in with a chance to score a big win in roulette, some people spoil their own luck by succumbing to superstitions and myths related to the game. Here in this short article, we will bust some of the most commonly known myths surrounding online roulette.

We’d also like to emphasise that people should be very responsible about their gambling and never go overboard while playing casino games. In fact, there are programs like Gamstop out there which allow you to self-exclude from online casino games for as long as you prefer. Although there are many non-Gamstop casinos as well, some of which are listed here at Casinomir, this program does help people in not succumbing to their gambling urges. Let’s talk about the online roulette myths now.

Lucky numbers are a myth

Humans have always tried to find patterns in different things. Even in a game that is as number-intensive as roulette, there is a tendency in people to see some patterns. Gamblers often have lucky numbers which they prefer betting on regularly, believing they will win big one day. And when that big win does come along, they quickly forget all the money they’ve lost till that point. It is very important not go after some so-called lucky numbers and make foolish bets while playing roulette.

Every spin of roulette wheel is unique

Imagine playing online roulette and witnessing something improbable, for instance, ball landing on 9, thrice, back-to-back. Many people might assume that the odds of getting 9 once again are astronomical and prefer staying away from betting on it. However, in reality, the odds of that happening again are exactly the same as landing any other number.

It’s important to note that every spin of the roulette wheel is unique and the numbers of the previous spins have no effect on the future ones. Although the odds of landing any number multiple times are astronomical, they stay relevant only before the roulette wheel is spun. For instance, the odds of this Brazilian businessman landing the right number to win $ 3.5 million remained the same in the spins preceding and succeeding the winning spin.

Not every roulette game is the same

Online casinos don’t often explain the roulette type they offer and the players also don’t pay much attention to the finer differences between the roulette variants. This isn’t right. For instance, American and European roulette are quite different from each other. While the former has a ‘00’ and ‘0’ slot apart from the regular 36 numbers, the latter features only a single ‘0’ slot in addition to those 36. The extra ‘00’ slot in the American version significantly changes the odds of landing the chosen number. While the American roulette gives house a 5.25% edge, this edge is reduced to 2.7% in case of the European version.

The biggest advantage of playing in an online casino is the massive availability of games. Most leading casinos have in their collection a multitude of gambling options that cater to beginners as well as professionals. While we all have our favorite games, having other options can come in handy when taking a break.

Slots

Slots are extremely popular with players who regularly visit online casinos. Nowadays, there are many options available that range from progressive and theme-based slots to the classic 3 and 5-reel slots. Slots make for a wonderful break from roulette because they require the player to only tap on a few buttons. Moreover, video slots add a sense of entertainment while playing that is always appreciated and, in the end, relaxing.

Lotteries

Unknown to many, most online casinos carry some form of lotteries in their repertoire. It’s quick and easy money that is perfect for a break and requires nothing much from the player. Moreover, online lotteries work in the same way as in real life. Therefore, if looking for some tips on how to make that winning bet, make sure you read up on these three essential points as listed in the https://www.forbes.com/ article. Taking a break from roulette doesn’t mean you have to stop earning money. The best thing about lotteries is that you can easily play them on the move without giving it much thought.

Blackjack

Blackjack is among the most famous gambling games out there, and rightly so. Not only is it a huge money-maker, but the game epitomises gambling by being a combination of luck, skills, and tact. Moreover, blackjack carries the same kind of thrill as roulette, making it one of the classics in the online casino world. So, when wanting to play a hand or two, check out https://www.blackjackcanada.ca/ for the best online casinos that feature the game. Also, don’t forget to make the most of all the bonuses on offer that give you the right kind of monetary edge at the very start, putting you in the lead from the get-go.   

3D and VR Variations

Now, there are options in online casinos where you don’t necessarily have to change the game but can alter the way you play it. Within roulette, for example, as per https://www.vlsroulette.com/, there are different variations where the game is a lot more alive and features graphics and sounds. Similarly, 3D roulette in online casinos has literally given the game a new dimension. Whereas, VR is now putting players in a like-like scenario where they can play as if in a real casino.

Bingo

Although it is possible to enjoy roulette alone, it is best experienced with a lot of people all around. There is the option of live roulette, but if you want to take a break, and still crave social mingling, then bingo is the way to go. Online bingo is very much like its real-world counterpart, and consist of chat rooms where players can network with each other during the game. Moreover, online bingo variations include video bingo to give it a more technologically advanced approach, while keeping the players entertained.

Which Games Have The Best Odds?

It’s important to understand the difference between odds and payout. Odds are your chances of winning, and payout is the amount you are paid for wins. What determines your chance of profiting is the difference between odds and payout.

For example, on a roulette wheel, you might win on almost every spin if you bet on 35 numbers. But the payouts for individual numbers don’t change. So you can bet a lot to win a little. And if you lose, you will lose a lot.

The difference between the payouts and odds is called the “house edge”. No doubt you’ve heard of it before, but maybe you never really understood what it meant. Most online casinos will declare the house edge for each game, but many don’t – in particularly rogue casinos which are unlicensed. On this note, always ensure any online casino you play with is properly licensed.

Which is the best online game to play? It depends on what a specific casino offers. Some casinos provide “no house edge” games, meaning statistically you could play forever and neither lose or profit. It doesn’t mean the casino has no advantage though, so carefully check the fine-print. But at least where available, considering a game’s house edge is important. It’s one reason why you should always favor the European roulette wheel over the double zero American wheel. The European wheel has a -2.7% house edge, while the American wheel has a -5.26% house edge. That’s nearly double for the American wheel. Strangely, many amateur players think the extra green pocket simply means an extra way to win. Actually, it’s an extra way to lose.

In the case of horse racing or sports betting, you need to look for value bets. Specifically this means a significant gap between odds and payouts. You don’t know the odds of winning something like a sports bet, because there are countless factors like team player injuries. So the odds are anyone’s guess, although you can make informed decisions and estimations because on available information. The payouts are generally considered to be the odds in this case, but as explained above, it isn’t the case – again payouts and odds are different things.

Conclusion

There are many exciting games to play. You can stick to what you know best, or try one of the new varieties casinos provide to keep things fresh. But always carefully consider the house edge. There isn’t much point playing a new game if the house edge is terrible for players. A difference in the house edge wont enormously impact your bankroll in short-term play. But the difference can be enormous if you play long-term.

If you want to become a master of roulette, then this is easier than you’d think to do. A few simple tips are all you need in order to come out on top, and when you do, you’ll soon find that you make way more money from every game that you play.

Roulette Bet 1- Red and Black- Evens and Odds: 1-18/19-36

When you go to a casino, you won’t be given the chance to win a game 50/50. The odds are usually done in the casino’s favour, and this is common knowledge. If you go with this betting choice you are essentially giving yourself the chance of hitting almost half of the options that are on the roulette wheel. The 0 and the 00 are not counted either, and this gives you an even better chance of winning. Sure, that means that the payout ratio can be lower, meaning that it’s 1:1. When you look at the numbers on the other hand, you’ll soon see that it is one of the best and safest bets that you can do. Payouts can be super rewarding with every bet you place, and this is especially the case if you are willing to risk even more money. This strategy works well with online roulette too because the table is the same and it gives you equal chance of winning, so do keep that in mind.

Roulette Bet 2- Columns

If you are not thrilled at the idea of coming out with a win of 1:1 then try and bet on columns. If you go with the second-best roulette bet, you will be coming out with a win of 2:1. If you bet $10 then you’ll be coming out with $20. The number of red and black will differ on each column, and you also need to remember that the 0 and the 00 aren’t included in the columns either.

Roulette Bet 3- Black Third Column and Red Second Column

The third best bet is designed for those who like to hedge their bets. The roulette board is an interesting concept to say the least, but if you play your cards right, there is absolutely no reason why you can’t come out with some big bucks. When you look at the third column on the board, you will see that there are 4 black numbers and 8 red numbers. The second column however, is reversed. It has 8 black numbers but only 4 red. If you are a savvy roulette player, you’ll soon see that this can give you a distinct advantage. It can also give you some, slow, yet very steady gains. If you bet on the red column in the third and double your bet on the black, you’ll either be likely to make a profit or break even. Here’s why- the third column contains way more red numbers when compared to any other column. This means that there’s a chunk of red, right there. If you bet on black however, then you would have less than half a wheel. The third column gives you a total payout of 2:1 yet the black gives you a payout of 1:1. Your column bet should be half the black bet if you want to break even. For example, if a red number shows up, you win back double your initial bet. If you lose your bet on the black, you will push because you’ll be even. The same concept applies to the other side of things. If you have a black number come up, then you will win the black bet but you will lose the bet on the column. If you happen to have a black number come up on the third column however then you will pull ahead again.

Roulette Bet 4- Straight up

If you care more about the money you’re going to come out with more than the risk then your best bet would be for you to go with the straight roulette bet. This means that you are going to be betting on a single number. You have to hope that Lady Luck is on your side here because the risk is high. That being said, the payout that you’ll be getting is around 35:1. This is the only bet that includes both the 0 and 00 tiles.

If you have $350 then you could actually go through 35 x $10 bets, one after another before you get out of the game. If you win once then you’re up another $350. The chances of hitting the number that you’re betting on are around 1 in 37, but what’s gambling without a little risk?

Roulette Bet 5- Split bet

If you want to go big but you know that the straight bet just isn’t for you, then why not go for the higher reward, but with a lower risk? If you want to do this then choose the split bet. You will be putting chips on two numbers that are next to one another. This can be a horizontal placement, or it can be a vertical placement. You then need to place the bet on the line between these two numbers. The payout for this is lower when compared to the straight bet, but the chances of you actually hitting your number are 1 in 18. This is way better when you compare it to the odds which you’d be getting from the previous bet.

So, there are plenty of ways for you to make a small fortune out of your roulette betting experience. The above tips are designed to give you the edge you need, while also helping you to better your chances of coming out with a win. All in all, winning at roulette often comes down to the experience you have. You need to know when to bet and when to walk away, but when you do, you will be able to bet with more confidence and you’ll also be much more likely to come out on top.

Much has been said about roulette being an unbeatable game. It’s true, yes, that in most roulette games played in a casino, the house will have the advantage. But that doesn’t mean it’s a hopeless bet. To be successful in winning a roulette game, you need a betting strategy and a plan to execute that strategy with as little damage to your bankroll as possible!

Let’s take a look at what some have considered the best ways to bet on a roulette game.

Europe vs. USA

One of the first ways to minimize the house advantage is to bet on games played on a European wheel. There are plenty of other Roulette articles and resources out there that explain the rules and differences in greater details, but as far as a successful roulette betting strategy goes, the biggest difference is that American wheels have an extra pocket: the green double zero. This means that while the payouts from the two wheels remain exactly the same (35 to 1), the odds of winning on a European wheel are 1 in 37 compared to 1 in 38 on an American wheel. Basically, payouts happen more often on a European wheel than an American one. This strategy only works if you can play games on a European wheel, which is something that’s not always possible in smaller U.S. casinos. A casino website that offers online poker in the U.S. is more likely to have European wheel games in its selection.

Inside Bets

All bets on a roulette table are split primarily into two categories: inside and outside bets. Inside bets typically provide larger payouts but come with a much smaller chance of winning. Usually only recommended for experienced roulette players, inside bets create increased risk and increased thrill levels!

An inside bet with the highest chance of giving a greater payout is called the “straight-up”. It’s also quite simple to execute. Simply bet all your money on a single number, such as Red 27. If the ball lands there then you win. Next up is the “split bet”. With a split bet, you are increasing the chances of winning but it will be a smaller payout. By placing a split bet, you are dividing your money between two adjoining numbers, such as 35 and 36. All inside bets are a variation of this format; so, remember, the more you bet on a single number, the higher the potential payout but the smaller the chance of winning.

Best Roulette Bets Online

Reputable casino platforms like the 888 Casino have a wide range of roulette games to play including European, low stakes, and even live roulette. Currently, they are one of the few online casino platforms available for gambling in New Jersey and as such, they can be the perfect arena for a novice roulette player in the U.S. to start to develop strategies that work for them.

The aptly named “outside bets”, which are placed on the outer part of the table, are probably the best ones to use when playing online. They are the simplest and even though the payouts won’t be as high as those from inside bets, outside bets offer considerably higher chances of winning.

“Red or black” bets are the most probable outside bets to start with because instead of choosing a specific number, you would choose to wager on red or black. All the numbers on the table are either red or black, except for the American green 00, and it is an even money bet so you would receive twice the staked amount as a payout. “Odd or even” bets are like red/black bets as they both offer the odds of 47.36% (on a U.S. wheel), but here you would bet on whether the next number coming up on the wheel is odd or even instead of choosing a color.

When it comes to roulette, there are as many strategies as there are players! Though the key to finding the best one is a matter of personal preference, for some players, keeping it simple offers them much more enjoyment at the roulette table than crafting a complex, strategic formula. Some players even choose philosophical mathematics to inform their betting strategy – The d’Alembert solution, which is based on an idea that the universe will even all things out, Fibonacci sequencing, and even Chaos theory have all made their way into the arsenals of roulette players! Ultimately, the best roulette bet is the one that enables you to make fewer decisions at the table while getting maximum enjoyment and reward.

There are several competing theories as to the history of roulette, which trace the game back to either 17th century France or much further back to ancient China and Tibet. The plot thickens even further when you start to look at old English games (such as “Even-Odd”) that could either be forerunners of roulette or derivatives of the game, depending on which sources you read and how you interpret them. So where did roulette actually originate?
The most popular theory is that roulette was invented by the French scientist Blaise Pascal in 1655, as a by-product of his attempts to invent a perpetual motion machine. While he might have failed at this theoretically impossible goal, he did succeed in creating a gaming wheel that would spin smoothly and create a random result for a spinning ball. It is said that, with the help of his colleague mathematician Pierre de Fermat, Pascal worked out the probabilities of any given outcome and created the playing grid we see in casinos around the world today.

However, the origins of the game are confused by the advent of the similar “Even-Odd” (a/k/a Roly Poly), which arose in England at around the same time. This had a similar wheel to roulette, but instead of numbers, it had sections marked simply “odd” or “even”, with other sections belonging to the bank. Some theories consider Roly Poly to be a predecessor to roulette, while others believe that it came about much later, as a way of getting around gaming laws that prohibited the original numbered version of the game. Confusing things even more, many sources use the two names “roulette” and “Roly Poly” interchangeably, although some literature shows Roly Poly / Even-Odd to have been hugely popular in England around 1800, only to be almost entirely replaced by roulette by the middle of the century. However, which version came first is still open to debate.

One thing that is known for certain is the origin of the bank-boosting zero on the roulette wheel. This was introduced by the entrepreneur Francois Blanc in 1863 when he took over the casino license for Monte Carlo. This new invention gave the house a guaranteed win, or house edge, an average of 2.7% of the time and won the approval of Charles III of Monaco, who was keen on encouraging the game since it boosted his tax revenues from the casinos.

The origin of the second zero, regularly found on American roulette wheels, is less clear. Many commentators are quick to blame the greed of American casino operators for creating an extra chance for punters to lose. After all, the second zero almost doubles the house edge to 5.26%. However, double zero wheels were seen in Europe long before the game appeared in the U.S., so they could have easily arrived there by chance, and casinos that didn’t know any better could have simply adopted them as the norm. Many early wheels even reduced the house edge by colouring the zero and double zero so that they would pay out for red and black, and designating zero as “even” and “18 or below” (manqué), while considering double zero to be “even” and “over 18” (passé).
Whatever its origins, roulette has now remained unmodified for over a century and a half and is unlikely to change any time soon. The iconic wheel and playing grid have spread across the world, becoming part of casino folklore from Macau to Monte Carlo and featured in everything from the classic movie Casablanca to Toy Story 3. Not bad for a game that could very well have accidentally been invented by a scientist attempting to achieve the impossible.

Bankroll management is one of the fundamental things that every roulette player must learn. For the complete guide on roulette and how this casino game works, you can visit http://www.roulettephysics.com/roulette-bets-odds-and-payouts/ which explains all the roulette bets and payouts.

When you are playing roulette, one of the most important things to consider is your bankroll. The game is one of the most enjoyable casino games. The main goal of each player in roulette is to win. Professional players are particularly keen about winning. Regular players would also be in a position where they might have a harder time winning in roulette.

The house edge is one factor to consider. Without using a strategy which is backed by science, you would have lower chances of winning. But, you should also accept the fact that strategic play is not the sole thing to consider.

Your bankroll is also another thing that needs prime consideration. Managing your bankroll is among the most vital things in playing roulette. There are certain things that you would have to put in mind.

Winning in roulette would be impossible if you can’t stay in the game. The primary goal would be to stay in the game long enough to actually win something back.

Set the maximum amount that you are willing to lose

How much could you willingly lose? How much are you capable of losing? You should think about these factors when you are setting up your bankroll. Setting up the total amount that you could gamble is a prime consideration. This amount that you set aside for gambling will be your bankroll. Try to gamble only with these funds. If you are afraid of going beyond your bankroll, try to set up a separate fund.

Set your goals and loss limits

If you want to place another safeguard to complement your bankroll, you can try setting a limit. This could either be a loss limit or a maximum amount of winnings. You have the choice to set a maximum amount of loss that you can sustain. You could also set a maximum amount that you can win. Some people use it as a gauge to know when to quit. But, you need to have enough discipline to stick to it.

Veer away from progression strategies

One thing that you should absolutely steer clear of is progression strategies. This calls for doubling the amount that you place as a bet when you lose or win depending on the strategy you are using. The Martingale and the Labouchère system are just some of the progression strategies that would require the player to double his bet after losing the game. These types of strategies could help you win back money faster. But, they have huge drawbacks especially when you do not have any advantage play strategy in mind. If you stick to these systems and other similar ones, you would lose your bankroll faster.

This implies that you would use up your bankroll really fast. This way, you would not enjoy or savor the game. Instead, you would be out of the game really fast. So, you could be tempted to put more money into the game than what you can possibly afford.

Familiarize yourself with odds and payouts

Each bet that you make would have a possible payout and a winning odd. This would be different when you are paying European roulette or when you are playing American roulette. This is also an important thing to consider when you are managing your bankroll. By knowing the odds for each bet that you are making, it will be easier for you to keep your bankroll in check. You can also calculate your chances of winning, so you would be able to extend your chances of making money from your bet. This will also ensure that you won’t use up your bankroll completely. So, you can continue playing longer. And, you can enjoy the game more.

Pay more attention on predicting wheel sectors

Making a bet on the right slot is your primary goal when playing roulette. You can only extend your time on the tables by making a profit from the game. By increasing the odds for winning this game, you could use your bankroll wisely.

Why Bankroll Management Is A Must

At the end of the day, roulette is a game of chance. As such, you have no way of knowing if you are going to win or not. Needless to say, you should pay attention to how much funds you plan to use up. This would help you enjoy the game. At the same time, it will keep you from repercussions such as using up more than you can afford to place as a bet.

This may not be entirely what roulette is all about. But, every player should be responsible enough to manage his bankroll with care.

Learning how to play roulette is not just about how the entire game works. Of course, the gameplay’s rules matter but it is also vital to know the systems that you could possibly use. If you wish to learn more about roulette and the specifics of playing the game, visit http://www.roulettephysics.com.

The game of roulette is not just about winning or losing. It is also about using the right strategies to increase your chances of winning. With so many systems that are available to players, you should consider all the possible systems to help you win. When you are playing roulette, you need to consider all kinds of strategies. Remember that knowledge is a highly powerful tool in roulette. Here are some of the systems that are really popular:

Negative Progression Strategies

This is a type of strategy that ensures that a player would stay longer in a game. To do this, the betting amount is controlled. In this system, you could hang on longer in the game by changing the amount you place as a bet. In this progression strategy, the player would have to decrease the amount of his bet every time he loses the game. This way, he would not lose his entire bankroll in one go. This would also be in the best interest of any player.

Positive Progression Strategies

This is a roulette system which is quite a hit. Among the most popular strategies that make use of this kind of progression strategy is the Martingale system. This type of progression system calls for increasing the bet each time you hit a loss. You would also have to decrease the amount that you bet when you win. This could actually work in theory. However, when you start hitting a losing streak, you would lose your entire bankroll in just a short period of time.

This is also the reason why this strategy is highly discouraged by many professionals. This would not be a great strategy unless you have a way of increasing your chances of winning roulette. Without any advantage play strategy, you would definitely be at a disadvantage with a progression strategy.

Physics-based Roulette Prediction Strategies

One different system in betting on roulette involves using physics. This is the only method that could actually work when it comes to predicting the right slot where the ball will land. It is a well-documented fact that beating roulette can only be done with science. Among the earliest examples of predicting a win is the case involving Joseph Jagger. His strategy was highly reliant on observing the wheel. He was even known as the man who broke Monte Carlo. He is really popular as far as roulette players are concerned since he had much success on the field.

Since roulette involves choosing the number where the ball will land, you need to factor many things in the equation. These things involve the speed of the ball and the wheel. These are the most vital considerations that any player should account for.

By knowing both, you would be able to choose the slot that the ball would most likely land on. It takes time and practice to master the entire process of predicting the slot. There are actually computers that are specifically formulated to help you tell which slot the ball would rest. These computers could analyze previous wheel spins to accurately predict the wining slot. In many cases, it would be hard to tell exactly where the ball would land. Since the accuracy could be off, many professional players make sector bets.

Aside from that, it is also vital to take a lot of time observing the wheel. There are many things that you would know from taking the time to observe the wheel. There are cases where the wheel could favor certain numbers. This could be due to a manufacturing defect. This could also be attributed to wear and tear. In any case, this could be considered as wheel bias.

Unfortunately, casinos are highly aware that there are professional players who use computers to detect the winning numbers on the wheel. This is also the reason why the dealer would call “no more bets”. This is one of the ways that a casino could protect itself from professional players. When they suspect that a professional player is betting, the dealer could call “no more bets” earlier so that it would be harder to predict the winning numbers accurately.

Among all these systems, the one involving physics is proven and tested to be the most effective. Other systems only work when players use it with an effective strategy to increase their odds of winning in roulette. Progressions actually work when used together with physics-based strategies. Having a firm understanding of what these systems are all about is a must for all roulette players. Needless to say, any winning strategy should be tested first before applying it fully.

How To Play Roulette

You’ll find roulette is one of the easiest games to play, and the rules and how to play are explained in simple terms at http://www.roulettephysics.com/how-to-play-roulette/