Ethereum is the second largest cryptocurrency after Bitcoin, making it a popular choice for Americans. This has also seen its way into online crypto-gambling sites. Players prefer using it in different casino games, particularly roulette. Let’s learn more about it.
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Roulette is popular among casino players for being a relaxing yet fun casino game. The fundamental concepts of the game are pretty simple. A ball is dropped on the roulette wheel and players have to predict where it lands.
Each round of the game starts with players placing their bets on the roulette table. Once all the bets are placed, the dealer spins the roulette wheel and drops the ball in. Once the ball lands on a number on the wheel, the round is over and the winners get paid.
There are two main versions of the game. The American and the European version. The odds are slightly better in the European version making it the more popular choice for online Ethereum roulette.
The more specific the bet, the better the payouts get. There are different kinds of bets associated with this game. Let’s take a quick look at some of the popular ones in the next section.
These are the bets that are positioned on the inside of the roulette table. Although the outcome is random, statistically, these have a lower chance of winning. However, that fact is also the reason why you can get a larger payout if you bet and win. Check out the table below to get a better idea about the bets, the payouts, and their odds.
Bet Type | Potential Payout | European Roulette Odds | American Roulette Odds |
---|---|---|---|
Straight Bet | 35:1 | 2.7% | 2.6% |
Split Bet | 17:1 | 5.4% | 5.3% |
Street Bet | 11:1 | 8.1% | 7.9% |
Corner Bet | 8:1 | 10.8% | 10.5% |
Basket Bet | 6:1 | N/A | 13.2% |
Double Street Bet | 5:1 | 16.2% | 15.8% |
If you look to the outside of a roulette Ethereum table, you will notice some other bets. These are much simpler in comparison to inside bets. The odds of winning these wagers are also considerably higher. But they’re not worth it if you’re looking to profit from your bet.
In the table below you can find the odds and payouts for outside bets on both American and European roulette.
Bet Type | Potential Payout | European Roulette Odds | American Roulette Odds |
---|---|---|---|
Red or Black | 1:1 | 48.65% | 47.37% |
Odd or Even | 1:1 | 48.65% | 47.37% |
High or Low | 1:1 | 48.65% | 47.37% |
Column | 2:1 | 32.4% | 31.6% |
Dozen | 2:1 | 32.4% | 31.6% |
If you want to enjoy this relaxing game even more, you would do well to have some Ethereum roulette strategies to use during your gameplay. To make it easier for you, we’ve listed three of the most popular ones here.
Instead of going all in on one bet, you should try to spread it out among multiple. With the split bet strategy, you bet on two outcomes that are side by side on the table. This doubles your chances of getting at least a single win. It’s also more efficient.
This is a conservative betting strategy that you can use for Ethereum live roulette as well as the RNG version. You start off with an initial bet where you increase the bet value by one unit when you lose. And every time you win, you decrease it by the same amount.
Money management is a strategy that will help you in just about any casino game out there. However, it works especially well with roulette. Apply things like setting limits or having a fixed budget for playing.
Being one of the easiest games out there, you can learn the basics of Ethereum roulette in less than a day. It’s all about understanding what the different bets stand for.
RNG roulette is perfect if you prefer limited interaction and fast gameplay.
Between the two versions of the popular casino game, the European version of roulette is popular on Ethereum roulette sites for its better odds.
Yes, you can. Most crypto-gambling sites also offer the option to use fiat currency if you need to.