Roulette Odds & Payouts Explained [Complete Guide]

Although it may seem easy to play online or at the casino, roulette is far more complex than that. You don’t have to place a single bet on the American Roulette wheel at 38 spots. There are many other bets. Each combination comes with its own odds.

Here’s a complete list of all these important roulette strategies. This guide will help you make the most of the game of roulette.

Basic Odds

Roulette pays out based on the number of numbers that you choose. This is represented as a fraction of all the numbers without the zero. In roulette, the house always has the edge regardless of whether there is a single zero in European roulette or a double zero in American roulette. Before you choose which type of roulette you want to play, consider this.

There are many bets that you can place and each one has its own odds. If you make a straight-up bet, the odds of winning are 35/1. You’ll get $35 if you win a single number if you stake $1.

Even bets

All even money bets include red, black, odd, or even, 1-18, 19-36, and 19-36. These bets offer you a chance to double your money in roulette. The double zero in American roulette gives the house a bigger advantage than the single zero.

Playing with double zeros increases your chances of winning an even bet by 47.37% This is a high percentage for any casino game. You have the best chance to make money on roulette if you place bets. Even though the odds of winning are incredible, you will need to bet a lot to get a decent return.

Odds and Payouts for Outside Bets

Because they offer better chances of winning, people who prefer to be safe will choose outside bets. Because they cover almost half of possible outcomes, the most popular are the ‘even money bets. Roulette has all the even bets: red, black, even, odd, 1–18, or 19-36.

These bets all have a chance to win close to 50%. The chance to win in American Roulette is 47.37%, while the European Roulette odds of winning are 48.65%. Because of the high probability, payouts for these bets are 1:1.

Column and Dozen are the other outside bets. They both cover 12 numbers on a table. This represents roughly one-third of all possible outcomes. The zero and double zero slots make it slightly less. You can place a bet on either the first, second or third number of numbers (13-24, 25-36, 25-36), as well as on the first or second column. These bets have a 32.43% winning chance in European Roulette and 31.58% American Roulette. This bet will result in more winnings: the payout for Column or Dozen is 2

Last Updated on October 12, 2021

Related Posts