Understanding Roulette Payouts & Odds Explained for Bettors
There are a few distinct types of roulette wheels, each with their own odds and payouts, that you’ll typically encounter in online casinos. You have come to the right site if you are seeking payouts for the roulette table game. In addition, you will be able to understand how the odds work in this well-known game of chance.
What are the Odds in Roulette?
When playing Roulette, the probability of winning a bet is indicated by the odds. For instance, the odds of striking just one number with a direct bet in American Roulette are 37 to 1 because there are 38 numbers in the wheel.
How to Calculate Roulette Payouts
We advise familiarizing yourself with the different forms of roulette bets before diving into odds and rewards to avoid confusion. It will be especially helpful to remember the titles of the various bets and where you would lay your chip on the table for each one.
The potential payoff odds in Roulette are given for each type of wager in the form of x:1. This indicates that for every dollar you wager, you will earn x dollars. For instance, a single-number wager yields a 35:1 reward. So, if you win, you’ll receive $35 in addition to your dollar.
Roulette Payout Guide
The following payout table for roulette details the odds associated with the various bets that can be placed in both European and American Roulette. The odds change depending on the type of Roulette played. Because all of the computations are performed on your behalf, you are able to verify the status of your possible earnings in Roulette at a glance while you are playing.
Take Note: If you are interested in the mathematics that underlies these, it is not overly complicated. Take the number 36 and divide it by the total number of table squares that are covered by your stake. After that, subtract one from that value to calculate the amount that will be paid odds. For example, a three-number bet involves dividing 36 by 3 to get 12, then subtracting 1 to equal 11. The payout percentage for a three-number bet is consequently 11:1, meaning a $10 wager might result in a $110 payout if you win.
Odds and the Potential Payout of Different Bet Types
Roulette bet type | Example roulette bet | Potential payout | European roulette odds | American roulette odds |
Even bets | Any single number | 1:1 | 48.60% | 47.4% |
Column | Any number in the third column | 2:1 | 32.40% | 31.6% |
Dozen | Any of 13 to 24 | 2:1 | 32.40% | 31.6% |
Six numbers | Any of 4 to 9 | 5:1 | 16.2% | 15.8% |
Five numbers | Any of 0, 00, 1, 2, or 3 | 6:1 | 13.5% | 13.2% |
Four numbers | Any of 5, 6, 8 or 9 | 8:1 | 10.8% | 10.5% |
Three numbers | Any of 28, 29 or 30 | 11:1 | 8.1% | 7.9% |
Two numbers | Either 19 or 20 | 17:1 | 5.4% | 5.3% |
Single number | 7 | 35:1 | 2.70% | 2.60% |
Outside Bets vs. Inside Bets – How Do the Odds Differ?
The structure of the roulette table, as well as where you would position your chips, gives rise to the terms “inside” and “outside” bets, the two primary types of bets in the game.
Outside Bet Odds
The odds of winning a payout are highest when placed on an outside bet. The term “outside bets” refers to wagers that are placed on outcomes that are not directly related to the outcome of the current spin. Your payoff isn’t going to be very generous because the odds of winning are higher; it’s only going to be 1:1 for bets like odd or even that cover almost half the wheel. This is because these bets cover almost half the wheel.
Other outside bets include the column and the dozen, both of which cover 12 of the numbers on the roulette wheel. These bets have slightly better payouts than the others. You have around a one-in-three chance of winning with them, and the payoff is two to one. Every outside bet will be deemed a loser if the roulette ball lands on either 0 or 00.
Inside Bet Odds
Inside bets are wagers placed on individual numbers or groups of numbers that are located on the interior of the roulette table. They have a reduced chance of winning compared to outside bets, but the bigger reward more than makes up for this disadvantage. The advantage that the house has on inside bets is the same as the advantage that it has over outside bets.
Improve Your Odds at Roulette
There is no way to affect the odds of Roulette or diminish the advantage the house has in the game you have selected to play. When it comes to choosing your bets, though, having a solid understanding of the odds at your disposal is quite essential. Although there is no foolproof strategy for how to win at Roulette every time you play, there are strategies you may employ to increase the amount of money you take home. Check out our page on roulette strategy for more complex strategies, but in the meanwhile, here are a few pointers from our staff to get you started with the game:
Be Prepared when Playing
When playing Roulette, the odds of winning depend significantly on which bet you place. Before you start playing, you should familiarize yourself with the odds of various bets paying out so that you may make the most of the money you have available to wager. You can keep this page open to double-check the odds of each wager as you play the game, even though some online games will tell you the odds of each bet within the game itself.
Make a Wise Choice in the Game of Roulette You Play
Suppose you’re undecided about whether to play American, French, or European Roulette. In that case, the differences in the odds offered by each variant should be brought to your attention before you start playing. Discovering whether the game you choose has a bigger house advantage could assist you in avoiding incurring losses that are far more expensive than they would have been otherwise. Due to the fact that the house edge is so much lower in European Roulette, we highly recommend playing it.
Improve Probability by Placing Outside Bets
Outside bets are the way to go if all you care about is increasing your chances of winning when playing Roulette. These payout at a higher frequency, and if you want to play it extra safe, you can keep to the table’s minimum wager even if you win. You can give yourself a fair chance of winning a payout with a relatively low level of risk by placing two equal outside bets. For example, you could bet on black and odd numbers. You will not see a significant rise in the amount of money you win by betting in this manner, but you will be able to continue to enjoy yourself without risking a significant amount of money.
Which Bets Have the Best Odds?
The “best odds” of winning are not the same as the payout or the edge of the game. You could wager on any number, and you would come out ahead every time; hence, your chances of picking the winning number would be the highest if you did this. But you’d still actually lose money because you’d be paid an unreasonable amount. The “house edge” refers to this unjust advantage. When making your decision, examine the house edge instead of the best odds in roulette. However, according to the table just presented, the house advantage is the same for all wagers.
FAQs
Conclusion
Our guide goes over the chances and probabilities of all the different bets you can make in Roulette, whether it’s a single-zero wheel or an American wheel with two zeros. Remember them and choose what you think are the best bets in Roulette when you plan how to win. You can also utilize a roulette odds calculator, but we believe the most well-liked roulette techniques in our post should be sufficient as a starting point.