Are you ready to take your roulette game to the next level? Understanding the odds and payouts of roulette is essential for making informed decisions and understanding the game further.
So, read on as we explain the basics of roulette odds, including how to calculate your payouts and which bets pay out the most. We’ll also include a handy payouts calculator to help you understand your chances of winning.
But remember, as with any casino game, the outcome is random, and winning isn’t guaranteed.
So, let’s get started!
Calculating your roulette payouts is relatively simple, but it’s important to understand the different types of bets you can make. Roulette has several bet types you can place, but we’ll focus on two types of bets: inside bets and outside bets.
Inside bets are placed on individual numbers or smaller groups of numbers inside the rectangle, while outside bets are placed on groups of numbers or colours outside the grid.
The payouts for inside bets are typically higher, but the odds of winning are lower. For example, the payout for a single number bet is 35:1, but the odds of winning are 1 in 37 (or 1 in 38 for American roulette).
On the other hand, outside bets have lower payouts but better odds of winning. For example, the payout for a red or black bet is 1:1, and the odds of winning are just below 50%.
To calculate your payouts, you simply multiply your bet by the payout ratio. So, for example, if you place a £10 bet on a single number and it hits, your payout would be £350 (35 x £10).
The highest payout in roulette is for a single number bet, which pays out 35:1. However, the odds of winning this bet are low, at 1 in 37 or 1 in 38 for American roulette. Another high payout bet is the split bet, which pays out 17:1.
A split bet is placed on two adjacent numbers, such as 17 and 18. The odds of winning this bet are 2 in 37 or 2 in 38 (1 in 19) in American roulette.
The third highest payout is the street bet, which pays out 11:1. A street bet is placed on three numbers in a row, such as 4, 5, and 6. The odds of winning this bet are 3 in 37 (3 in 38 in American roulette).
As mentioned before, the best roulette bets are the ones with the best odds. However, it all comes down to your preferences. Would the best bets be the ones with the best odds or the ones with the highest payouts?
If you are looking for the latter, then inside bets may be the best bets for you. That is because they offer higher payouts but have lower odds of winning, while outside bets offer lower payouts but have better odds of winning.
Inside bets include:
Outside bets include:
Roulette is a game of chance, and a random number generator (RNG) determines the outcome of each spin in online versions. That means the odds of winning are always the same.
The same goes for live/in-person roulette, the wheel is spun, and the ball is dropped in. Each pocket is the same size, and each has an equal chance of landing. The odds of the ball landing on any given number are 1 in 37 in European and French roulette and 1 in 38 in American roulette.
Roulette has over 20 bet types grouped in different groups depending on their position on the wheel, colour or whether they are odd or even numbers, to mention a few. We’ll explore some of these bets below:
Outside bets have lower payouts but better odds of winning. They include:
It’s important to note that while outside bets have better odds of winning, the payouts are lower. That means that while you may win more often, you’ll also win less money overall. Below are some of the odds for outside bets.
Inside bets have higher payouts but lower odds of winning. They include:
The odds of winning inside bets are lower than that of outside bets. That means while you may win more money, you are also likely to win less often. For example, the odds for some of the inside bets are as follows:
In addition to the well-known inside and outside bets, there are also Called bets in roulette. Called bets, also known as announced or racetrack bets, are a group of special bets that cover specific sections of the wheel. They are only available in European and French Roulette.
These bets include the Voisins du Zero, Tiers du Cylindre, and Orphelins. Called bets have high payouts similar to inside bets but require betting on more numbers.
A random number generator (RNG) determines the outcome of each spin in online roulette, and with a physical spinning wheel and ball in live roulette, there is no way to increase your chances of landing a specific bet. You can’t change the odds in roulette.
However, we’ve compiled a list of tips that may be helpful in getting started in roulette:
There are many variations of roulette, so research which ones offer the best odds of winning. With so many available, with different features – such as double ball roulette and multi-wheel roulette – it’s best to do your due diligence and find out which is suitable for you.
Another way to increase your odds of winning is to place outside bets. Outside bets have better odds of winning than inside bets, as they cover more numbers on the wheel.
European roulette has a lower house edge than American roulette, meaning it may offer better odds of winning. European roulette has 37 numbers on the wheel, while American roulette has 38 numbers due to the extra zero pocket.
In conclusion, understanding the odds and payouts of roulette can help you make informed decisions and help you to further understand the game.
But keep in mind that roulette is a game of chance, so ultimately, the outcomes are random, and while being strategic can help, nothing you do will change the odds of a roulette game.
If you’d like to go ahead & play roulette online, be sure to check out our top roulette games.
*All values (Bet Levels, Maximum Wins etc.) mentioned in relation to this game are subject to change at any time.
