Guide to Roulette Odds and Payouts

Winning odds in roulette indicate your likelihood of successfully placing a particular wager. Your chances are influenced by the specific bet type and the roulette wheel variant in use.

For instance, if you choose to bet on a specific number in American Roulette , your probability of winning stands at 2.6%. This calculation is derived from the following formula:

To determine the chances of winning a single-number wager in American roulette:

1. Take 1 (the only winning outcome) and divide it by 38 (the total number of slots on the wheel),
2. then multiply that figure by 100 to convert it into a percentage.

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

The house edge symbolizes the casino's advantage over players engaging in roulette. Each time you place a bet, a small percentage is retained by the casino. This figure is 5.26% for American roulette and European Roulette 2.7% for European roulette. Essentially, this is the average amount you are expected to lose on each bet.

The potential earnings remain constant across the different formats of the game, so what accounts for the disparity in the house edge? The answer lies in American Roulette having an additional green zero slot (the double zero). Even-money wagers such as Red or Black, Even or Odds result in a loss for players should the ball settle in either of the zero slots. With two such zero slots in the American variant compared to a single one in the European version, the house edge is consequently greater.

There are 161 distinct combinations of roulette bets, each associated with its unique winning odds. These wagers can be categorized into two main groups: inside and outside bets. Outside bets encompass broader collections of numbers, presenting a lower risk yet also lower payouts. Conversely, inside bets focus on a limited range of numbers, posing a higher risk due to diminished odds, but promising higher potential rewards.

Odds for Outside Bets in Roulette

Outside bets are made on the areas surrounding the outer edge of the roulette table, encompassing larger clusters of numbers, which can be as extensive as 12 to 18.

• Red or Black (bidding on color), Odd or Even (selecting number parity), and High or Low (betting on ranges of 1–18 or 19–36) are classified as even-money bets. Each of these covers nearly half of the total numbers on the wheel, excluding the green slots, and offers a 1:1 payout in both European and American formats, effectively doubling your stake when you win. The odds for these bets are relatively favorable, with a probability of hitting red or black being 48.65% in European roulette and 47.37% in American. However, the potential winnings from these bets are the lowest when compared to other betting options available.
• Among the common outside bets are Columns and Dozens , each separating the 36 numbers into three sections. Column bets involve selecting one of three vertical columns, while Dozen bets focus on groups of 1-12, 13-24, or 25-36. These bets include 12 numbers, resulting in an odds percentage of 32.4% in European roulette versus 31.6% in American roulette. In both formats, these bets yield a payout ratio of 2:1, signifying that a $10 winning wager would result in a $30 profit.

Odds for Inside Bets in Roulette

Inside bets primarily focus on selections made from the central area of the roulette layout, where players choose specific numbers where they expect the ball to land or a small group of adjacent numbers.

• The Straight bet or Single number bet . Here, the probability of landing on the designated number is 2.7% in European roulette, which features 37 slots, and 2.6% in the American variant, which has 38 slots. In either case, the return is 35:1. For instance, a successful $10 bet on the number 7 would result in a total payout of $360 ($10 x 35 + $10).
• The Square bet entails wagering on a cluster of four numbers that form a square on the layout, such as 1, 2, 4, 5 or 10, 11, 13, and 14. If the ball lands on any of these numbers, the payout is rewarded at 8:1. The odds stand at 10.81% for the European format and 10.53% for the American version.
• The Street bet pertains to a line of three sequential numbers (referred to as a 'street'), offering a payout of 11:1. To place a street bet, you would select a row of three consecutive numbers, like 2, 3, and 4. The winning odds for this bet are 8.11% in the European format and 7.89% in the American variant.
• The Split bet involves two adjacent numbers on the table, yielding a return of 17:1. For instance, if you decide to wager on the numbers 12 and 13, you would position your chip on the line that separates these two numbers. Winning odds for this bet are 5.41% in European roulette and 5.26% in American roulette.

Payouts are expressed in a ratio format, where the first number indicates the multiplier for your bet if you win.

There exists a straightforward formula for determining winnings, which applies equally to both European and American roulette: divide 36 by the count of winning numbers, subtract 1, and this will yield the payout. This provides a convenient check to calculate the winning multiplier based on the outcomes for each type of bet in roulette. Here's how it operates:

1. 36 denotes the complete number of slots on the roulette wheel, excluding the green zero(s)
2. The winning number refers to specific numbers covered by your wager. As an example:

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

Finally, 1 is deducted to ascertain the house edge related to the winning bet.

Comprehending roulette odds and calculating payouts is quite straightforward if you adhere to these steps with care, keeping in mind that the probabilities and payouts differ with each type of bet.

It is important to note that altering odds or affecting the house edge is unfeasible in both land-based and online settings. However, you can enhance your likelihood of winning more frequently and extending the longevity of your bankroll. Here are some prudent roulette strategies: online roulette Choose your bets wisely: Being proactive in understanding varying odds and probabilities will increase your chances of winning in this casino game. We advise placing outside bets, as they provide improved payout odds. Betting on Red/Black or Odd/Even may yield smaller profits, yet you will enjoy more frequent wins.

• Opt for the right game type: Selecting the type of Roulette is an additional effective strategy for heightening your winning chances, as different roulette formats influence the odds and house edge. It is advisable to choose European or French roulette, as the house edge is 2.7% in the European version, which is less than the 5.26% found in American roulette.
• Additionally, ensure that your bets align well with your bankroll size, preventing rapid financial loss.

The most favorable roulette odds are associated with outside bets, as they encompass a larger segment of the numbers available. For example, the probability of landing on a Red or Black number stands at 48.65% in European Roulette and 47.37% in American Roulette, with a consistent payout of 1:1 in both formats.