Roulette Odds
Odds in Roulette refer to the chances of winning your bet. Each bet type in this game is affected by a different mathematical probability of winning. It’s beneficial to get informed on the winning chances each bet holds, as it helps in strategizing and placing smart wagers.
No need to get scared in your boots. You won’t have to do any hard-core math to figure out these values. This guide includes a Roulette payout chart with odds for various bets, so a quick glance should get you up to speed. And if you’re interested in knowing how to calculate your potential payouts in advance, we’ll also be giving a quick walk-through on that.
Payback on Roulette Bets
Firstly, it’s essential to know that different Roulette variants also feature different odds on the same bets. Generally, European Roulette has better odds than American Roulette due to the presence of an extra 00 pocket in the latter.
While there are 37 pockets (1 – 36 numbers plus a single 0) on the European variant, the American version has 38 pockets (1 -36 numbers plus a single 0 and a double 00). The extra 00 pocket on American Roulette means players have one less chance to win than European Roulette.
As for individual bets, payback depends on how many numbers the bet covers. Outside bets like the Red/Black cover almost half the table at once, which means there’s a greater possibility of getting a hit. So naturally, the rewards won’t be mind-blowing. The opposite is the case for inside bets.
Roulette Payout Chart
There are several other variations of this casino game, such as French Roulette, Spanish Roulette, etc., and chances vary on each one. However, we’ll be focusing on the European and American variants.
Calculating your Payout Based on Odds
The Roulette payout chart reveals payouts as a ratio of a certain number to 1. Consider the 17:1 on Split bets. This means you win $17 for every $1 you wager.
So if you were to wager $10, you’d receive $170 in profits plus your original bet back.
Roulette Odds vs. Payouts
Placing a single number bet means you have a 1 in 37 chance of winning in European Roulette and 1 in 38 chances in American Roulette. These are the true odds of winning. However, the payouts on Roulette bets do not reflect this, as the house only offers 35 to 1 on any single number bet.
This difference between true Roulette odds and the payout ratio is the “house edge.” Despite the additional pocket in American Roulette, the payouts remain unchanged. This is why the house edge on American variant is much higher.
Improving Your Odds
- To improve your Roulette odds, you have to know what they are first. Our Roulette payout chart above will help you with that.
- Next is choosing your Roulette table. Some variants have better odds of winning than others, and this difference could be the deciding factor in a big win or a costly loss.
- Stick to playing outside bets. With these bets, you have a greater percentage of the odds in your favour.
- Look for a European table featuring the “la partage” and “en prison” rules, as these have even better Roulette odds.
- Finally, a good strategy will also help bolster your chances.