Roulette is one of the oldest games in the gambling world. It is so elegantly simple, that any beginner can quickly learn how to play it, and potentially reap large winnings. It is also one of the most popular casino games, because it has a lower house edge. This means there’s more chance of winning for the player.
A Bitcoin roulette table is when an old traditional casino game meets blockchain technology. You get a luck-based game that is provably fair, private, fast, and extremely fun. This guide will show you how to play the Bitcoin roulette table.
How does a Bitcoin roulette work?
A Bitcoin roulette works exactly the same as the traditional one. The only difference is that you place your bet in Bitcoin, not dollars.
The goal of roulette is simple. There’s a ball that spins inside a wheel with 37 number slots on its edge. The numbers range between 0 to 36. When the wheel slows down, the ball will land in one of those 37 slots. Your goal is to guess the outcome of where the ball will land. If you guess correctly, you get a payout. If not, you lose your betting money.
If you’re feeling lucky, you can place a bet on one of the 37 numbers. If the ball lands on that number, you can earn 35 times the amount that you bet. This is called betting Straight. But the odds of winning a Straight is 1 in 37.
You can also choose to spread your bet across multiple outcomes. In the next section, you’ll learn all the possible roulette table bets.
What are all the roulette table bets?
Below are all the possible roulette table bets, payouts, and chances of winning. Note that the bigger the chance of winning, the smaller the payout. The beauty of roulette is that players can customize the pace at which they play, based on their bets and chances of winning.
| Bet | Description | Payout | Chance of winning |
|---|---|---|---|
| Straight up | Any single number from 0 to 36 | 35 | 2.7% |
| Split | Two adjoining numbers on the table | 17 | 5.4% |
| Street | Three numbers on the same row | 11 | 8.1% |
| Corner | Four adjoining numbers on the table | 8 | 10.8% |
| Line | Six adjoining numbers on the table | 5 | 16.2% |
| 1st dozen (12) | Numbers 1 – 12 | 2 | 32.4% |
| 2nd dozen (12) | Numbers 13 – 24 | 2 | 32.4% |
| 3rd dozen (12) | Numbers 25 – 36 | 2 | 32.4% |
| 1st column | 12 numbers on the left column | 2 | 32.4% |
| 2nd column | 12 numbers on the middle column | 2 | 32.4% |
| 3rd column | 12 numbers on the right column | 2 | 32.4% |
| Low | Numbers 1 – 18 | 1 | 48.6% |
| High | Numbers 19 – 36 | 1 | 48.6% |
| Odd | All the even numbers | 1 | 48.6% |
| Even | All the odd numbers excluding 0 | 1 | 48.6% |
| Red | All numbers with a red background | 1 | 48.6% |
| Black | All numbers with a black background | 1 | 48.6% |
Note that if the ball lands on a 0 (zero), almost all of these bets will lose, unless you are betting on zero itself.
How to play roulette with crypto
Decentralised crypto casinos can accept a wide variety of crypto assets, such as Bitcoin, Ethereum, and even the casino’s own tokens, if they have it.
The best part about crypto casinos is that they are private, fast, and no one can steal or freeze your crypto. The last feature is incredibly important for players who happen to live in a country where gambling houses are illegal.
The way to play roulette with crypto is simple. Let’s use Bitcoin as a classic example.
How to play roulette with Bitcoin
If you are new to the crypto world, follow these steps carefully.
The general step is that first, you need to buy Bitcoin from an exchange. Then you need to transfer that Bitcoin from the exchange to your own Bitcoin wallet. Afterwards, transfer that Bitcoin from your Bitcoin wallet to the Bitcoin casino in order to play.
After playing the casino games, withdraw your Bitcoin back to your wallet. Here are the detailed steps:
1. Create a Bitcoin wallet for gambling
If you don’t already have one, download a Bitcoin or crypto wallet such as TrustWallet on your mobile device.
Create a new wallet if you don’t have one already. The app will then show you a numbered list of twelve English words. These are your seed phrases that you MUST write down. We recommend writing it in a secure device or a piece of paper. DO NOT share these phrases with anyone.
Once you verify the seed phrase, tap on Bitcoin, and Receive. The app should now show you a QR code. This is your Bitcoin wallet address to which you send your Bitcoin.
2. Buy Bitcoin from an exchange
Through TrustWallet (as of November 2022), you can buy Bitcoin directly from Binance or Coinbase. If you have access to the two exchanges, go ahead and create an account on those exchanges, and buy some Bitcoin by following the steps.
If you’re buying on a different exchange, use the Copy or Share button to copy your Bitcoin wallet address to the exchange of your choice. NEVER type the wallet address manually to avoid making errors.
3. Login or create an account at Gambulls
Once you’ve got some Bitcoins (BTC), or any of the supported crypto on hand, proceed to login to your account at Gambulls. If this is your first time – welcome aboard! Register and create an account with us to proceed.
Once you’ve created an account, proceed with the verification process and get your crypto wallet ready, and you’ll be all set!
4. Deposit your Bitcoin to your account’s wallet
Once your account is active and verified, use the same method as before to transfer Bitcoin from your personal wallet to your account’s wallet.
This usually involves depositing your crypto funds to a wallet address. Be sure to double check and verify the address before your proceed.
5. Play the Bitcoin roulette table
If you want to know a common strategy to play the Bitcoin roulette, continue reading!
6. Play and withdraw your winnings to your own wallet
When you’re done playing, you can withdraw Bitcoin from your account back to your personal wallet.
It’s worth keeping in mind that any gambling game – including roulette, involves elements of luck which is something that cannot be controlled. While this arguably keeps the games fund and exciting, it’s important to always be aware of your risk levels and your limits. This is especially important considering the volatility of cryptocurrencies, hence the importance of doing your own research beforehand.
Tips to maximize your wins on a Bitcoin roulette table
Before putting any money on the table, you should be aware that there are two types of Bitcoin roulette tables — American roulette and European roulette. American roulettes have 38 numbers — they have an extra zero.
American roulettes have a 5.3% house edge, versus 2.7% house edge on European roulettes. This makes European roulettes a more popular variant to play.
One strategy to play the roulette is using the Martingale strategy. The Martingale roulette strategy is good for increasing your chance of profit in the short-term. However, because of the house edge, the strategy is not sustainable the longer the game goes on.
How to use the Martingale roulette strategy
The strategy is simple — if you lose a round, double your bet on the next round until you win, or until you have no more bets to place. It’s recommended to pick the bet with the highest chance of winning — the 48.6% chance.
You get this chance if you use either one of these bets — odd, even, black, red, high or low.
How effective is the Martingale roulette strategy?
If you have a budget of $150 in Bitcoin, and placing $10 as your first bet, you will have a maximum of four rounds to play. You play the next round only if you lose the previous round.
| Round number | Bet size | Total bets | Win size | Total loss from last round | Profit |
| 1 | $10 | $10 | $20 | n/a | $20-$10 = $10 |
| 2 | $20 | $30 | $40 | $10 | $40-$20-$10 = $10 |
| 3 | $40 | $70 | $80 | $20+$10 | $80-$40-$20 = $10 |
| 4 | $80 | $150 | $160 | $40+$20+$10 | $160-$80-$40-$20-$10 = $10 |
| If lose all | $150 |
According to probabilistic math, there’s a 93.05% chance of winning $10 after four rounds. However, there is a 6.95% chance of losing all $150, after losing four rounds in a row.
You still have to consider the house edge, which makes the roulette game unprofitable in the long run. But we think what matters the most in the end is the thrill that you’re getting after playing Bitcoin roulette, no matter the odds of winning!
On a closing note, it’s important to keep in mind that as with any casino game there will always be an element of luck in the game. Be aware of your limits and set a target for when you want to fold and cash in your gains.
Additionally, cryptocurrencies are highly volatile assets with price and market movements that can fluctuate greatly depending on many factors. Be sure to assess your risk levels and do your own research on the crypto coins you decide to use before proceeding.
