Which Has The Best Chances: Horse Race Betting or Roulette?

Every professional bettor is looking for a way to maximize their winnings and bet on games that provide the best profit chances.

What are the most popular wagering options that provide high winning chances? We might consider game popularity, but most gamblers lose so popularity isn’t a great metric.

Roulette is still one of the most popular casino games and horse racing is a pioneer sport in the betting industry with years of tradition. Nowadays, you can find a website with Kentucky Derby lineups and roulette games, so you can play both in the same sportsbook.

Nonetheless, in order to find which betting option provides the best chances for winning, we have to dig a bit deeper and find out more about how likely you’ll end up winning money in each game.

Roulette

Roulette is the most popular game of chance that players love. There is a popular saying used by gamblers stating “The house always wins” which isn’t entirely true.

Casinos make profits by cashing out on a portion of players’ losses, and the rest of the money is returned into circulation just to keep the game fun to play.

In order to find out whether or not Roulette provides better chances for players, the first thing we need to look at is the house edge.

What is The House Edge?

House edge is an advantage that the casino has over players. It refers to the difference between the odds of winning and the casino’s payout for winning. In other words, it is the percentage of money that the casino takes out of all money.

One of the things that make Roulette popular among bettors is the low house edge. Most casino games are structured so that the house ends up making the most money, but with roulette, the larger portion of the wagers is returned to players.

Since there are different types of roulette, the house edge on each roulette table can be different.

American Roulette

The American roulette table is different from its European counterpart by having an additional zero on the wheel. There are still 18 red and 18 black numbers, but instead of one zero like the European version, you’ll get single-zero green space and double-zero green space.

The American Roulette table has a higher edge sitting at around 5.25%, which means that the casino is more likely to take profits.

European Roulette

The European roulette has 36 black and red numbers, and one green space labelled as 0. The European version of roulette provides better winning chances to the players, with a house edge of only 2.7%.

Horse Racing

On the other hand, we have horse racing which is another popular betting option that people love. But what makes horse racing so special?

Well, for starters, horse racing provides higher odds increasing your potential winnings compared to other betting options.

The difference between horse racing and casino roulette is that with horse racing, bettors are more in control over their budget, winnings, and outcomes. Horse racing betting is also based on luck, but you have real-world data to back up your decision or at least point you on the right path that will increase your winning chances.

The house edge of horse racing cannot be determined since it is based on the player’s decision.

One of the key advantages of horse racing is budget management and having control over your strategy.

For example, in a roulette game, the casino can completely absorb your bankroll in a blink of an eye without you having too much to do except leave the table. On the other hand, horse racing allows you to manage your budget more freely and choose only the horse races that provide the best winning chances.

Horse racing is much slower-paced than roulette. A big key difference with roulette is you can get a very high edge with advantage play methods like visual ballistics and roulette computers. This kind of edge is not possible with horse racing.

Conclusion

These two gambling options have two completely different playstyles. Roulette is a fast-paced game where you can earn or lose thousands of dollars in minutes, and horse racing on the other hand is a more slowly-paced betting option where bettors can rely on actual real-world data.

Horse racing has plenty of events happening and you can increase your chances if you have inside knowledge about the industry. If you know a horse is injured, for example, you know that it is a bet to avoid.

This doesn’t mean that you’ll end up winning more money if you choose horse racing over roulette. There are many variables that determine which you’ll be most successful at.

If you’re gambling purely for fun, it’s more important is to wage responsibly and always bet only what you can afford to lose. Betting should be fun and entertaining and not stressful. Enjoy it!

Millions have been won by professional players in both horse racing and roulette. Ultimately you can be just as successful with both options. You can win more with roulette using a lower budget. But if you don’t know what you’re doing, you can more easily lose money. If you find suitable wheels and accurately apply techniques, large amounts are quickly won. With horse racing, building a bankroll to similarly high levels generally takes much longer.

So in the end it comes down a lot to the opportunities you have available, and your preference. For example, your local casino might have very easily beaten roulette wheels, in which case roulette is the better option. There are many variables to consider. It is best to keep your options open and switch between them depending on available opportunities.

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