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Understanding how roulette odds work is key to mastering the game of roulette. At the most basic level, roulette table odds refer to the house edge, which represents the advantage. Moreover, they refer to the percentage the casino has over a player.
In roulette, the house edge on all roulette bets is 5.26%, or 2/38. It is calculated by dividing the number of zeros on the wheel by the total number of pockets.
Each roulette bet also has a specific mathematical probability of winning. Therefore, to increase your chances of overcoming roulette odds, it is critical to know how often you can expect to win and how much of an advantage you need to overcome. That way, getting the best odds at roulette comes with sticking to the basics.
So, something as simple as understanding the game and the various betting types involved. Our team of experts has created a guide to help you read roulette odds.
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Odds of Roulette: Different Betting Options
When playing the best online roulette there are two main categories of roulette bets – inside bets and outside bets. Each bet has six types, and each type has five subtypes, respectively. The odds on roulette vary according to the bet.
Outside bets include even-money bets, column bets, dozen bets, red or black bets, and 1-18/19-36 bets. These offer the best odds in roulette, albeit with a small payout. Inside bets are less probable to win in roulette but offer a much higher payout. Inside bets include single number bets, split bets, street bets, corner or square bets, six-line bets, and top line bets.
Roulette Odds Calculator
A roulette odds calculator is used to determine how much a bet in roulette will payout. However, the bets will payout differently depending on the game variation. Therefore, the roulette chances will depend on the roulette casino games you are playing.
The roulette odds calculator is also referred to as the roulette odds chart. A less popular name for it is the roulette payout chart. Players can use the roulette odds chart to determine how much they could possibly win when the ball lands on the bet wagered. The chart uses the x-to-1 form, which means you win x dollars for every $1.
| Bet | Potential Payout | European Roulette Odds | American Roulette Odds |
|---|---|---|---|
| Even/odds | 1 to 1 | 48.60% | 47.4% |
| Low/High | 1 to 1 | 48.60% | 47.4% |
| Red/Black | 1 to 1 | 48.60% | 47.4% |
| Dozen | 2 to 1 | 32.40% | 31.6% |
| Column | 2 to 1 | 32.40% | 31.6% |
| Six Numbers | 5 to 1 | 16.2% | 15.8% |
| Five Numbers | 6 to 1 | 13.5% | 13.2% |
| Four Numbers | 8 to 1 | 10.8% | 10.5% |
| Three Numbers | 11 to 1 | 8.1% | 7.9% |
| Two Numbers | 17 to 1 | 5.4% | 5.3% |
| Single Number | 35 to 1 | 2.70% | 2.60% |
Roulette Odds Payout and Probability
There are different types of bets as listed above. They fall into two categories: outside and inside bets. The names of these categories are based on the layout of the numbers on the table.
Outside Bets
There are 38 numbers that fall in the outside bets category, which can be color numbers or a set of numbers.
- Black or Red – betting that the ball will land in any number but either a red or black pocket. The payout for these bets is 1:1.
- Low or High – you either wager on the low numbers (1-18) or high numbers (19-36). You will get a payout of 1 to 1 on winning bets.
- Odds or Evens – the ball lands on an even or odd number that you have bet on, then you win. The payout for these bets is also 1:1.
- Column – when the ball lands on a number in the column you chose to bet on. There are three columns, each containing 12 numbers. You will get a payout of 2 to 1.
- Dozens – there are three dozen numbers to bet on 1-12, 13-24, and 25-36. You will win on any of these numbers and get a payout of 2 to 1.
Inside Bets
The inside bets are not simple to get and offer high payouts.
- Straight Up Bet – betting on a single number. The payout for this bet is 35 to 1, but European roulette has a house edge of 2.7%, and American roulette has a house edge of 2.6%.
- Split – betting on adjacent numbers with a payout of 17 to 1. European roulette has a 5.4% chance of winning, and American roulette has 5.3%
- Street – placing a bet on a row of numbers with a payout of 11 to 1. European roulette has an 8.1% chance of winning, and American roulette has a 7.9% chance of winning.
- Corner – betting on four numbers connected by one corner with a payout of 8 to 1. European roulette has a 10.8% winning chance, and American roulette has a 10.5% winning chance.
- Basket – placing a bet on five numbers with a payout of 6 to 1. Only American roulette has this bet with a 13.2% of winning.
- Line – betting on two rows of a total of six numbers with a payout of 5 to 1. European roulette has a 16.2% chance of winning, and American roulette has a 15.8% chance of winning.
Roulette Table Odds: Tips
Here are a few tips to help you beat the odds in roulette and thus secure greater payouts:
- Firstly, play roulette with a betting system or roulette strategy in mind.
- Secondly, stick to wagers that pay even money. These include the black/red, odd/even, and low/high betting options. They carry a 47% chance of payout – the highest in roulette.
- It may also be a good idea to set aside a portion of your profits. That way, you can avoid leaving the roulette table empty-handed should things go south.
- Lastly, never place a bet on the 5-number combination of 0-00-1-2-3. It carries the worst odds of winning with a 7.89% house edge.
