Slots Vs Roulette
Pick Your Casino Classic Favourite - Roulette vs. Slots On the surface, roulette and slots seem to have very little in common. One involves placing bets on a spinning wheel while the other involves betting on three or more spinning reels. Roulette has a house edge of 5.26% in favor of the house. It is the amount the player loses relative for any bet made, on average. This is based strictly on numbers. If the slot roulette game that you’re talking about follows the exact rules as conventional roulette then the house edge would be the same thus resulting in the same odds.
A card shark in a thousand-dollar Armani suit swaggers intoa Vegas casino and lays a huge bet on the outcome of a single spin of aroulette wheel. Miles away, a Wall Street trader in a thousand-dollar Hugo Bosssuit struts onto the trading floor and buys up 20,000 shares in a tech startup.Since neither cowboy can see the future, how is the trader’s speculationdifferent from casino gambling? Is there even a difference?
- In this article, we’ll be doing a comparison between slots vs roulette, and will be discussing the odds as well as the overall differences between the two. Roulette The rules to the game are fairly simple and don’t require too much research, which is one of the reasons why it’s so popular.
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The Gambler
A seasoned gambler would argue that his betting decisionsare based entirely on what he calls a “System.” The System has never failedhim, and he swears by it. He wins more than he loses, and this is the proofthat The System works. The gambler is quick to argue that he has spent a lot oftime looking at the angles, the odds, and the possible outcomes of each bet.But regardless of how much time the gambler has spent learning the games andperfecting his system, to gamble is to risk money in a situation where the oddsare deliberately stacked against a win for the gambler.
A gambler relies on luck more than skill, though he would rather not admit it. The simple facts are in the statistics. Hitting a single number on a roulette wheel holds 37:1 odds against the gambler. There is a 50% chance of winning a roulette bet placed on red or black. But the payout for winning the latter bet is lower, so a gambler who is ‘feeling lucky’ will wager a large amount on the single number in hopes of winning 35x his money (or whatever a particular casino pays out for a win). There are loads of theories about luck, lucky stars, and what makes a player feel lucky. But luck is not a science, nor can it be proven with statistics or mathematical probability.
Slots Vs Roulette Odds
Gambling is creating risk for the ‘thrill’ of beating theodds. A gambler isn’t only in it to win it. Studies show that long termgamblers experience a rush even when they lose. While it may be a negativefeeling, the buzz is still there, the hook that keeps the gambler coming backfor one more bet. A gambling addict isn’t addicted to winning. He is addictedto the thrill involved with the act of gambling. But money is still at theheart of the thrill. Try betting with candy instead of money; that’s a game forchildren. The greater the risk, the higher amount of the money bet, the greaterthe reward when it pays off. The down side: failure is all the more devastatingwhen you lose it all.
The Speculator
A speculator conducts research and calculates risk beforemaking a financial transaction. Like the gambler, there is an inherent riskinvolved in every speculation. The more money the speculator invests in aparticular trade (stocks, commodities, or futures), the more money he makeswhen his speculation pays off. The speculator is fully educated with knowledgeof the financial sector and its ups and downs, trends, and bubbles. Knowingexactly when and where to invest is more of a science than a gamble, eventhough markets are not always certain. Just look at the American GreatDepression of the 1920s or the more recent globalfinancial crisis of 2007-2008.
A speculator is a trader for whom making financialinvestments is a job. A speculator can also make personal speculations andtrades for his own stock portfolio on his own time, but a licensed trader actson behalf of a company (often a brokerage firm). So in essence, trades made onbehalf of the firm use other people’s money. A gambler would probably not havethe same thrill if he were gambling with other people’s money. In the end, whatdifferentiates a speculator from a gambler is the skill set. Traders have spenta lot of time learning a particular set of skills necessary for them to succeedat their job – or they wouldn’t have one. So while a gambler swears by a particularsystem, the gambler is really just playing with luck. But sometimes he is just verylucky.
Gambling Systems Explained
Certain systems are available to help gamblers win at thegame. While the odds always favor the casino, a certain amount of knowledgewill help the gambler develop the skill needed to make smarter gamblingchoices. Simply stated, these skills make the gambler a better bettor. Usingroulette as an example, several roulette systems utilize various strategiesdesigned to improve the odds of winning. Some of these systems are based onstudying mathematical probability. While others rely merely on repetition.
The martingale strategyis a popular roulette strategy based on repetition. The strategy is based onthe idea of doubling down on 50/50 bets (red/black, even/odds). For each losingbet, you double the bet. Even if you lose several bets in a row, the series ofre-doubled bets will become high enough to pay back your original losses. Thisstrategy only works if the gambler has very deep pockets, as true probabilitysuggests that you could just as easily get 30 reds in a row as 30 blacks. Ultimately,this strategy relies on the luck of the spin and the size of the gambler’spockets.
There are many such systems in play, and each one is just aslikely to make you stinking rich or filthy poor. Strategies like the Fibonaccistrategy (based on the Fibonacci sequence of numbers) is just as much a fantasyas it is a reality. The numbers are real enough, but the sequence goes from 1to 144 awfully fast, so betting in the amounts listed in the sequence resultsin some very high bets in a very short time.
Most ‘strategies’ like the above probably worked for morethan five minutes, so the ‘strategist’ put them down on paper. Unfortunately,results which are truly random (as with games of chance) rarely live up toexpectations.
A Speculator’s System
There are some maverick traders who have applied themartingale system to trading. Unless that maverick has some very deeppockets—and can buck any trend—the trader is doomed to fail. When a series ofinvestors makes the same illogical investments over and over for long periods,this can affect the value of markets and commodities in the long run, andeventually destroy the system.
A speculator often deals with future trading and foreignexchange trading. He speculates on the shifting price trends and investsaccordingly. But the difference between trade speculation and gambling is vast.Speculators crunch a lot of data involving each trade. They examine charts,graphs, and financial forecasts to form an opinion on the viability of aninvestment. In the case of futures trading, the speculator enters a pricecontract for a specific commodity. The profit or loss of that commodity for thespeculator is determined by the price forecast, the length of the contract, andother factors.
In the end, speculation is a form of gambling, as nobody cansee the future. Companies open and close, commodities see shortages andsurpluses, and all markets are affected by the activity of the whole group ofinvestors. But unlike the casino gambler, a speculator follows legalregulations for trading and (usually) works within the system. Gamblers followhunches, systems, or ‘gut feelings’ most of the time. And feelings aren’tfacts.
Casino games are extremely popular in the country. Who does not like to play casino games? When talking about casino games, two of these games are considered to be extremely popular. On one side, video slots are the biggest source of revenue share to a casino, but gamblers on the other side like to spend their money on roulette also. On one side, some players prefer slots and a few who prefer roulette more. On the other hand, some gamblers enjoy both of these games equally.
Hence the question arises, should you be playing slots online or through roulette? One can never give a definite answer or choice as to which of the two games are better because it becomes difficult to choose. But we analyzed both the options critically to help you understand which option is better.
Variety of Games
In terms of the different variety of games, the online slot games win this point as they have several games to be played. Multiple slots can be played, where the difference is expressed through a few factors like several reels, bonus games, sizes of the jackpot, and even themes. In terms of themes, each video has its slots. Sometimes one can find the titles which are inspired by either movie, video games, mythology, cartoons, etc.
Video slots have 5+ reels, but the classic version of the game includes three. Each slot contains very diverse bonus games. There are times when one can earn free spins, while at the other times, the games allow the users to take proper advantage of various other forms of rounds of bonus. The main thing where most of the interest of the individual lies is in the slots of the jackpot. There are some titles which have a fixed jackpot. One can win these fixed jackpots by landing on the most apt combination. There are a few progressive jackpot slots as well, which have many unrestricted sizes of jackpots.
On the other hand, Roulette is very straightforward and has not changed much since the time of its inception. The main three Mega online casino roulette variations are European, American & French roulettes. The rules for all three of them are very much alike. The only variation is that the version of America has an additional which is called as double zero, the roulette of French includes additional rules called as en prison and la partage. Some people have discovered various other variations of roulette since the past many years, the most popular ones being ‘Double Ball Roulette’, which needs two balls and a mini roulette which has a small wheel within a few fewer numbers.
Player’s Skills
Poker is a game that does require a huge skill set to be successful in winning and is bounded by many rules and regulations. But as compared, video slots and roulettes are simple and require fewer rules and regulations. One does not need to have prior experience or proper skills to play the game or for that matter, even win.
Both of these roulettes and video slots are based on luck purely. The outcome of each round is decided very randomly. The player cannot predict where they will end up landing on the wheel of roulette, or it’s difficult to find a pattern of spinning the reels in the game of slots. The only thing which is in the hands of the players is the size of the be best and how these individuals approach the taking of the risk.
Fun
Both the video slots and roulettes are known to be very fun, especially for the first-timers. An adrenaline rush is aroused when the first wait for the ball to land for the reels to put a full stop. Like other casino games or some PA sport bets, there is an element of risk that makes the casino games even more interesting. There are times when the players will see themselves, to win money, or to lose your entire bank balance.
So going back, the answer to which game is more fun is still very subjective. It depends on the type of gambler you are and which game is preferred by you.