Guide to Roulette Odds and Payouts

Roulette winning odds are indicative of the likelihood of securing a profit from a specific wager. The chance of winning can be influenced by the type of bet you place, as well as which variant of the roulette wheel is operating.

For instance, if you decide to wager on a single number in American Roulette , the chance of actually winning is approximately 2.6%. This percentage is derived using the following method:

To determine the winning probability for a single-number wager in American roulette:

1. You take 1 (the count of winning outcomes) and divide it by 38 (the total number of slots on the wheel),
2. then multiply by 100 to express it as a percentage.

   (1 / 38) x 100 = 0.026 x 100 = 2.6%

The house edge represents the casino's advantage over roulette players. For every wager you place, a tiny portion is retained by the casino. In American roulette, this edge stands at 5.26%, whereas in European Roulette the European variant, it is reduced to 2.7%. This figure indicates the average amount lost to the casino per bet.

The potential returns remain uniform across different roulette formats, prompting the question of why the house edge differs. The reason lies in the American version's inclusion of an additional green zero slot (the double zero). Bets that even out, such as Red or Black, Odd or Even are surrendered to the casino if the ball lands in either the zero or double zero. As American roulette features two of these slots, as opposed to just one in the European version, this effectively doubles the house edge.

Roulette offers 161 different betting combinations, each presenting its own winning potential. These wagers fall into two main divisions: inside and outside bets. Outside bets encompass larger sets of numbers, which come with moderate risk and subsequently lower payouts. On the other hand, inside bets are focused on fewer numbers, carrying a higher risk due to less favorable odds but offering larger potential rewards.

Odds for Outside Bets in Roulette

Outside bets are made on areas surrounding the edges of the roulette table, targeting expansive groups of numbers that can range between 12 to 18.

• Red or Black (bets based on color), Odd or Even (bets on the parity of numbers), and High or Low (places bets on the number ranges of 1–18 or 19–36) are often referred to as even-money bets. Each of these encompasses nearly half of the numbers on the roulette wheel, excluding the green slots, and yields a payout of 1:1 for both European and American roulette, effectively doubling your stake upon victory. The odds of winning red or black and similar even-money bets in the European version are 48.65%, while in the American version, they are at 47.37%. However, the returns from these bets are generally lower than those from other betting options.
• Both Columns and Dozens are well-liked outside bets that partition the 36 numbers into three segments. Column bets involve selecting from one of three vertical sections, whereas Dozen bets cover groups of 1-12, 13-24, or 25-36. Each of these options spans 12 numbers, causing the odds in the European wheel to be 32.4% and in the American version, 31.6%. Both types of bets offer a payout ratio of 2:1, meaning a successful $10 bet on either a Column or Dozen would return a total profit of $30.

Odds for Inside Bets in Roulette

Inside bets are placed on specific options situated in the central part of the roulette layout, allowing players to pick the precise number that the ball will land on or a small group of adjacent numbers.

• The Straight bet or Single number bet. The chances of winning with these bets are approximately 2.7% in European roulette, which has 37 compartments on the wheel, and 2.6% in American roulette featuring 38 compartments. Regardless, the payout for both is 35:1. As an example, if you placed a winning $10 bet on the number 7, your total profit would amount to $360 ($10 x 35 + $10).
• The Square bet involves wagering on a cluster of 4 numbers that create a square on the table layout, such as 1, 2, 4, and 5 or 10, 11, 13, and 14. Should the ball land on any of these numbers, you would receive a payout of 8:1. The winning odds for European roulette stand at 10.81% while American roulette offers 10.53%.
• The Street bet targets a trio of numbers (referred to as a 'street') and provides a payout of 11:1. To place a Street bet, players would choose a sequence of three consecutive numbers, like 2, 3, and 4. The probability of winning this bet in the European variant is 8.11%, whereas in the American version, it is 7.89%.
• The Split bet covers two adjacent numbers on the roulette table, providing a return of 17:1. For instance, if your choice includes the numbers 12 and 13, your chip is placed on the dividing line between those two numbers. The chances of winning this bet are 5.41% in the European version and 5.26% in the American version.

Payouts are represented in ratio format, where the first numeral shows by how many times your wager will be multiplied if you emerge victorious.

A straightforward formula exists to compute winnings, applicable to both European and American roulette: take 36, divide it by the number of favorable outcomes, subtract 1 to determine the payout. This formula offers an easy method to calculate the winning multiplier based on the number of successful outcomes for different roulette bets. Here’s how it functions:

1. 36 signifies the total number of compartments in the roulette wheel, excluding the green zero(s)
2. The winning number pertains to the specific figures included in your wager. For instance:

• For Straight bet (single number), the winning outcomes = 1
• For a Split bet (two adjacent numbers), the winning outcomes will be 2
• For a Red or Black bet (spanning 18 numbers), the total will be 18.

Lastly, we subtract 1 to account for the house edge associated with the winning wager.

Grasping the concepts of roulette odds and calculating payouts is straightforward if you adhere closely to these outlined steps, keeping in mind that the probability of winning and the potential payouts vary with each betting option.

Altering the odds or reducing the house edge is a challenge in both land-based and virtual settings. Nonetheless, you can enhance your likelihood of winning more frequently, thus ensuring your bankroll lasts longer. Here are some useful tips for playing roulette: online roulette Choose your bet wisely: Understanding the various odds and probabilities allows you to increase your chances of winning in this casino game. We recommend placing outside bets, as they yield more favorable payout odds. Betting on Red or Black or Odds or Evens might result in smaller winnings, but you will win more frequently.

• Decide on the type of game: Selecting the type of roulette is a strategic move to bolster your winning opportunities, as various roulette types influence the odds and house advantage. Opting for European or French roulette is advisable, as its house edge is only 2.7%, compared to 5.26% in the American variant.
• Lastly, ensure that your betting amounts align with the size of your bankroll so that you avoid depleting your funds too quickly.

The best odds in roulette are found in outside bets, which cover a broader array of numbers. For instance, the likelihood of landing a Red or Black is 48.65% in European roulette and 47.37% in the American version. In both instances, the payout remains at 1:1.