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Bitcoin Roulette Strategy

The word roulette is french and means little wheel. Roulette is one of the easiest games to understand and one of the most popular in live casinos. Bitcoin roulette plays exactly the same way conventional roulette does, most of the bitcoin roulette sites we review offer both virtual and live roulette.

European

European roulette is played on a wheel with numbers ranging from 0 to 36. Unlike American Roulette there is just one zero in European roulette.

The wheel has slots in it, one for each number. The Roulette table has numbers on it that correspond to the numbers on the wheel, players make their bets by placing chips on the table. Once players have placed their bets the dealer spins the wheel and spins the ball into the wheel. After a short time the ball drops from the outer-side of the wheel to the inner eventually falls into one of the numbered slots.

The slots on the wheel are also colored, either black or red. Players can bet on the color of the result or which number the result will be.

As you can see in the above screenshot the roulette table divides the numbers into sections. As well as betting what number the roulette ball will land in, you can also bet what section of numbers the ball will fall into (either the 1st 12, 2nd 12 or Free bitcoin slots with welcome bonus 3rd 12).

American

American roulette is the same as European but instead of having just one zero, there is also a double zero (so the wheel has 38 numbers on it in total, 1 – 36, and 2 zeros) this increases the houses edge.

Bitcoin Roulette Strategy

The oldest and most famous strategy for playing roulette is the Martingale System. The system has been used for over two centuries.

  1. Start with a minimum bet of your choosing.
  2. If you lose your bet, you bet again but bet your minimum bet PLUS the previous losses.
  3. You always bet on even money chances.

In theory this system would mean you would always win however there are two very big pitfalls to the system.

1) It only works if you have infinite capital with which to play (and even the richest person in the world doesn’t have infinite capital!)

2) Casinos impose table limits to protect themselves against this play. If you reach the limit and are martingaling you lose all your previous bets!

Here is an example:

We start with 1 chip and we bet on even, unfortunately the ball lands on 11, and we lose the bet.

Because we are using Martingale, Free casino games cashman we double our bet, and spin the wheel again.

This time our bet wins, let’s add up how we have done:

Bet 1 – lost 1 chip

Bet 2 – won 2 chips

Net profit: + 1 chip

So we have profited by 1 chip (our minimum bet).

This is a simple example, as we won on the second spin, sometimes you can go very many numbers without winning a single bet. However if you stick to the system you will eventually win, providing you do not run out of money, and the house limit isn’t reached.

In practice you are almost certain to run out of money or reach the house limit at some point, Promotion code for doubledown casino but providing you gamble within your means you can have a lot of fun with this system.

Indiana Slot Machine Casino Gambling in 2021

Introduction to Indiana Slot Machine Casino Gambling in 2021

Indiana slot machine casino gambling consists of fourteen commercial casinos, two of which are proposed casinos, as well as one tribal casino.

I’ve dedicated this weekly series to slot enthusiasts such as yourself as you master casino slots and win your way to success by using this State-By-State Online Resource to improve your slots gambling performance by reviewing your state’s slots gaming industry.

Keep Reading … Or Watch Instead!

Or … Listen Instead!

Find my podcast wherever you listen to audio!

Relevant Legal Statutes on Gambling in Indiana

The minimum legal gambling age in Indiana depends upon the gambling activity:

  • Land-Based Casinos: 21
  • Poker Rooms: 21
  • Bingo: 21
  • Lottery: 18
  • Pari-Mutuel Wagering: 18

Indiana’s 1851 constitution banned lotteries, historically interpreted by courts to mean all gambling. In 1988, Indiana approved a constitutional amendment removing this ban. Within months, cities with economic difficulties had casino proposals including ten riverboat casinos.

In 2007, Indiana allowed horse tracks to have as many as 2,000 electronic gaming machines. Further, the state legislature approved land-based casinos in 2015 and allowed riverboat casinos to move into a land-based casino facility if located on their current property.

The state of Indiana has a federally recognized American Indian tribe. In 2015, the Pokagon Band of Potawatomi Indians successfully negotiated a tribal-state compact subsequently approved by the U.S. Department of Interior.

By the compact’s terms, the tribal casino could only have Class II bingo-style gaming machines. In 2018, the tribe opened a casino in South Bend.

Slot Machine Private Ownership in Indiana

It is legal to own a slot machine privately in Indiana if it is 40 years old or older.

Gaming Control Board in Indiana

The Indiana Gaming Commission (IGC) regulates gaming in Indiana.

The IGC has its Gaming Control Division as a law enforcement arm with a primary role to investigate illegal gambling. Enforcement of illegal gambling at bars and taverns is by the Indiana Alcohol & Tobacco Commission.

Indiana’s two other gaming commissions regulate the Hoosier Lottery and Indiana Horse Racing.

Casinos in Indiana

Indiana has fourteen commercial casinos including two proposed casinos and one American Indian tribal casino.

The largest casino in Indiana is Horseshoe Hammond with 3,002 gaming machines.

The second-largest casino is Hollywood Casino Lawrenceburg with 2,534 gaming machines.

Commercial Casinos in Indiana

Indiana’s fourteen commercial casinos, including two proposed casinos in Terra Haute and Gary, are:

  1. Ameristar Casino Hotel East Chicago, 11 miles northwest of Gary.
  2. Belterra Casino Resort in Florence, 116 miles southeast of Indianapolis on the Kentucky border.
  3. Blue Chip Casino Hotel Spa in Michigan City, 26 miles northeast of Gary.
  4. Caesars Southern Indiana in Elizabeth, 123 miles south of Indianapolis across the river from Louisville, Kentucky.
  5. French Lick Resort, 100 miles south of Indianapolis.
  6. Hard Rock Northern Indiana in Gary – proposed casino with Spring 2021 planned opening.
  7. Harrah’s Hoosier Park Racing & Casino in Anderson, 43 miles northeast of Indianapolis.
  8. Hollywood Casino Lawrenceburg, 98 miles southeast of Indianapolis on the Ohio border.
  9. Horseshoe Hammond, Star bitcoin casino card games 20 miles northwest of Gary.
  10. Indiana Grand Racing Casino in Shelbyville, 27 miles southeast of Indianapolis.
  11. Majestic Star Casinos I & II in Gary.
  12. Rising Star Casino Resort, 105 miles southeast of Indianapolis on the Kentucky border.
  13. Rocksino at Terre Haute – proposed casino with 2022 planned opening.
  14. Tropicana Evansville, 169 miles southwest of Indianapolis.

Tribal Casinos in Indiana

Indiana’s tribal casino is Four Winds Casino South Bend, 150 miles north of Indianapolis directly east of Chicago on the border to Michigan. It offers 1,800 Class II competition-style gaming machines alongside live poker tables.

Unique to Indiana, the table game of poker is a skill-based game and, therefore, just another Class II game as players bet against each other and aren’t betting “against the house” or casino.

Other Gambling Establishments

As an alternative to enjoying Indiana slot machine casino gambling, consider exploring casino options in a nearby state. Bordering Indiana is:

Each of the links above will take you to my blog for that neighboring U.S. state to Indiana.

Our Indiana Slots Facebook Community

Are you interested in sharing and learning with other slots enthusiasts in Indiana? If so, join our Indiana slots community on Facebook. All you’ll need is a Facebook profile to freely join this closed Facebook Group community.

There, you can meet online and privately share your slots experiences with local slots enthusiasts about playing slot machines in Indiana. Join us!

Payouts and Returns in Indiana

Indiana has no theoretical payout limits. However, monthly and annual return statistics are publicly available for commercial casinos.

Neither theoretical payout nor return statistics are available for Indiana’s tribal casino.

The IGC offers comprehensive annual reports on all aspects of legal gaming in Indiana.

The casino hold percent for each commercial casino is WIN divided by COIN IN. Subtraction from 100% gives the player win percent. Calculate annual win% from p. 43 of the FY 2020 Annual Report. Beginning in 2020, this annual report no longer offers annual win% by slot machine denomination.

Monthly win% is from p. 6 of the pdf, or worksheet Sheet6 of the MS Excel spreadsheet, Online casino free signup from Monthly Revenue Reports.

The monthly player win percent for Indiana’s casinos in December 2020 are:

  • Ameristar East Chicago: 90.6%
  • Belterra: 90.4%
  • Blue Chip: 90.6%
  • Caesars Southern Indiana: 89.6%
  • French Lick: 90.9%
  • Harrah’s Hoosier Park: 90.2%
  • Hollywood Lawrenceburg: 91.4%
  • Horseshoe Hammond: 90.3%
  • Indiana Grand Racing: 89.6%
  • Majestic Star I: 90.2%
  • Majestic Star II: 89.9%
  • Rising Star: 89.4%
  • Tropicana Evansville: 90.0%

The casino with the highest return in December 2020 went to Hollywood Lawrenceburg followed by French Lick. The casino with the lowest return was Rising Star followed by a tie

Summary of Indiana Slot Machine Casino Gambling in 2021

Indiana slot machine casino gambling consists of fourteen commercial casinos, including two proposed commercial casinos, and a tribal casino with Class II bingo-style gaming machines.

Annual Progress in Indiana Slot Machine Casino Gambling

In December 2019, Caesars Southern Indiana moved into its new facility in Harrison county. Further, the cities of Gary and Terra Haute each have a proposed casino.