Roulette Odds
Roulette is a game of chance, so it’s important to learn the odds of various bet types winning. Once you understand how to determine your chances of winning in roulette you can make a more informed decision about which bets to place. This roulette payout guide will show you how the odds can affect your winnings.
The odds in roulette indicate your chances of winning a bet. For example, in American roulette the odds of hitting a single number with a straight-up bet are 37 to 1, since there are 38 numbers. However, the house only pays out 35 to 1 on winning bets, with the same odds for payouts on combination bets. This is due to the house edge, where the house keeps a percentage of all bets for itself. Odds are often displayed as a percentage, while payout is shown as a ratio to your bet. View More
How To Calculate Roulette Payouts?
Before diving into the odds and payout, we do recommend that you first get acquainted with the types of roulette bets, or else this might be a bit of a mess. Knowing the names of the different bets and where on the table you’d put your chip for each will come in especially handy.
For every roulette bet type, the potential payout odds are expressed as x:1. This means x dollars are earned for every 1 dollar you wager. For instance, a bet on a single number pays 35:1. So if you win, you’ll receive your dollar and then $35 back.
Inside Vs Outside Bets, How Do The Odds Differ?
There are two main categories of roulette bets, inside and outside bets, and the names derive from the layout of the table and the places where you’d bet your chips.
What Are The Odds For Outside Bets?
A bet on the outside offers decent odds for a payout. ‘Outside bets’ cover a large percentage of the potential results from a game of roulette. Since you’re more likely to win you’re not going to get incredibly generous payouts on your winnings, it’s only 1:1 for bets like odd or even which cover almost half the wheel.
Inside bets are the specific numbers and sets of numbers located on the inside of the roulette betting table. They are less likely to win than outside bets, but this is offset by a bigger payout. As for the house edge, it is the same on inside bets as it is on outside bets.
What Are The Odds For Inside Bets?
Either column and dozen, which each cover 12 of the numbers on the roulette wheel, are other outside bets with a slightly better payout. These represent your chances of winning: about 1 in 3, and a 2:1 payout.
Is It Possible To Improve Your Odds At Roulette?
There is no way to influence roulette odds or reduce the house edge for your chosen game. Having a good grasp of the odds is key, though, when it comes to choosing your bets.
While there is no answer to how to win roulette every time, there is a system you can use to increase your winnings. If you are looking for more advanced techniques take a look at our page on roulette strategy but here’s a few tips to get you started, straight from the guys here at US Roulette:
Be Prepared For The Game: The odds of the different bets being successful in roulette are very large. Before you even play, if you want to make the most of your bankroll then you’ll need to do some reading into the odds of different bets paying out.
Some online games will let you know the odds of each bet in the game, but if not, keep this page open to double check as you play.
Know Which Roulette Game To Play: If you can’t decide between American roulette, European roulette, or French roulette, you might want to do some research on the different odds for each before you play. If you can discover whether above game of choice features a greater house edge can help avoid any losses being that little bit more expensive. The most popular version to play is European roulette due to its low house edge.
Best Outside Bets To Improve Your Chances: If you’re just looking for the best possibility of winning at roulette, outside bets are the best you have. They pay more frequently and you can stay on the table min bet if you want to get extra safe. Making two equal outside bets, like black and odd, for example, is a way to give yourself a fairly low-risk reasonable shot of getting a payout. Betting like this isn’t going to blow up your roulette winnings, but it’s a way to still enjoy yourself on a night out without breaking the bank.
Conclusion
Well, now you should be up to speed on the fundamentals of roulette odds, whether you’re a beginner or coming here to brush up on your knowledge. This will help you to place better bets for your wallet.
Play for free (Get familiar with your various options with our one of first-time free roulette games), or take a look at online roulette casinos where you will be able to play for funds. If you want to level up your roulette skills, check out our guides to different roulette strategies.
FAQ
In American roulette, the probability of hitting red or black equals 47.4%. This increases slightly in European roulette, to 48.6%. In either case your winnings on roulette would be paid out at 1:1.
In general, the odds of this game are pretty decent. European roulette has the best odds, boasting a house edge of only 2.64%. This tells, on average, how often a player will lose on one single bet.
Roulette outside bets on even or odd or red or black or numbers 1-18 or 19-36 have the best odds. As shown above, all these bets pay 1:1.
But a betting system can’t influence the odds in roulette. As with any game of chance, no strategy or system will guarantee to improve your odds, but a roulette betting system can assist you with bankroll management. Visit roulette tips to learn the best ways to play roulette.
And no, being a math whiz won’t help you bend the game to your will. But understanding odds is a method of increasing your odds of winning more, based on the smartest wagers for your pocketbook. The truth is, though, you can’t bet on roulette with certainty, even if you know the odds better than most.
FAQ
In American roulette, the probability of hitting red or black equals 47.4%. This increases slightly in European roulette, to 48.6%. In either case your winnings on roulette would be paid out at 1:1.
In general, the odds of this game are pretty decent. European roulette has the best odds, boasting a house edge of only 2.64%. This tells, on average, how often a player will lose on one single bet.
Roulette outside bets on even or odd or red or black or numbers 1-18 or 19-36 have the best odds. As shown above, all these bets pay 1:1.
But a betting system can’t influence the odds in roulette. As with any game of chance, no strategy or system will guarantee to improve your odds, but a roulette betting system can assist you with bankroll management. Visit roulette tips to learn the best ways to play roulette.
And no, being a math whiz won’t help you bend the game to your will. But understanding odds is a method of increasing your odds of winning more, based on the smartest wagers for your pocketbook. The truth is, though, you can’t bet on roulette with certainty, even if you know the odds better than most.
Zainal Abidin is the Chief Financial Officer (CFO) of E-Wallet Casino bringing over 15 years of extensive experience in financial management and strategic planning within the gaming and fintech industries. Zainal is recognized for his exceptional ability to drive financial growth and operational efficiency, making him a pivotal force in the company’s success.