Deciding the House Edge in Roulette

Everyone would like to set their own odds when playing casino games. Most casino players understand that the House edge is what costs them money when they play at the casino.

Whatever that edge is defines how much they can expect to make over the time that you play. If a game has a 10 percent House edge, you can expect the House to win an average of ten cents out of every dollar you play. Naturally, the lower the House's edge the better.

Deciding the House Edge

The only way to decide the House's edge is to play games with the most player-favorable rules possible and to play the strategy most likely to limit the House advantage. Almost any game allows the ability to do this, including games you would not expect, such as roulette.

The House Edge in Roulette

Despite what some may think, you cannot affect the edge in roulette by employing a certain betting system or by playing a certain type of bet or array of numbers. Controlling the edge in roulette depends on the composition of the wheel.

In a normal American roulette layout, there are numbered spaces from 1 to 36, plus a zero and a double zero. If you hit a number, receive a payout at 35-to-1, since there are 35 numbers for the ball to land on other than the one you picked.

However, this calculation does not figure in the zero and double zero, and this is where the House gets its edge. You get paid 35-to-1, but the odds are really 37-to-1 against.

Deciding the House Edge in Roulette

How does this knowledge help you decide the edge? You can decide to play on a European roulette wheel that only has a single zero. On these tables, your true odds are 36-to-1 for a 35-to-1 payout. It may not seem like much, but it is.

On the American roulette wheel the edge is about 5.26 percent. Cutting the number of zeroes in half cuts the House edge nearly in half, to around 2.7 percent for the European wheel.

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Deciding on the Right House Plan

There are many steps to take before deciding on which house plan is right for you. One of the first is the size of the house. How many square feet do you want to build? What is your budget and what can you build with that budget? It usually is less costly to build up than to build out. There is more roof space on an expansive ranch house than on a two or more story house. The foundation is also to be considered since it could easily be twice the size of a two story. If you fall in love with some plans such as ranch style house plans then it is fairly easy to decide.

With that said the next item on the list of decisions is to decide on style. Should you get contemporary plans, European style plans, early American plans, or plain log cabin house plans for you to build? Depending on where you are building, are there existing architectural guidelines you have to follow? Does the house have to fit in and look similar to the rest of the neighborhood where you plan to build? Do you have carte blanche to do what you please or is there a homeowners association restricting your every move? Once these questions are answered then you have to consider the lot. Is it large enough to build a ranch house the size you want or do you need to build up and have a two story? Is the land on a slope and if so, how steep is the slope? Is it from the front of the property to the back or from the back to the front? Can you have a multi level walk out basement? Where will the garage be located?

Once you figure out the topography, you have the orientation of the property and the house to figure out. If you live in a hot climate, will your windows let in the sun during the summer and if so, how much? Will your south facing windows let in the winter sun to help heat the house? Many art studios like to have large windows to let in the north light because it will never be harsh and direct when the house is built in the northern hemisphere.

Now that you have your site figured out for your luxury house plans you need to determine what exactly will be in your luxury house. How big do you want the rooms to be? Will there be rooms for children or visiting children? Do you like a lot of smaller rooms or larger great rooms? Will the kitchen be the center of activity and made to be comfortable for mingling and entertaining or just a functional smaller kitchen? Will you have a huge master bedroom with a large master bath? What about an office or a workshop? There is so much planning and decision making when building your own home. Enjoy the experience and let those who can, help you build your dream home.

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