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Roulette Odds and Payouts: A Complete Guide for Beginners

Roulette Odds and Payouts

A Quick Guide to Mastering Roulette Odds and Payouts

Roulette is a well-loved oldie casino game. But as entertaining as it is, how much fun it is for players all boils down to the roulette odds and payouts. Yes, the goal is to have fun spinning the game’s wheel, but winning is important to sustain interest.

One of the first steps towards gameplay success is to know roulette table payouts and odds. They are essential details of the classic game, informing you of available bets that you can place, their odds depending on the variant being played, and matching payout ratios.

This casino guide discusses everything you need to know about roulette odds and payouts.

Roulette Odds and Payouts You Should Know

What Is the Most Successful Roulette Strategy?

Roulette gameplay is straightforward. The objective is to place a bet on where you think the tiny white ball will land on a rotating wheel. If the ball stops on the pocket you wagered on, you win and get the applicable roulette odds payout. Conversely, if you lose, you get nothing. Many players use the Martingale roulette strategy to place a wager.

All the available bets in the roulette table layout have their odds and payouts. Odds refer to the chances of winning a wager, while payout is the reward you’ll get from winning a bet. The harder it is to win a bet, the lower your odds and the higher your payout. Let’s explain further.

Roulette Odds

Roulette wheel odds are the chance of the ball landing on your predicted number or color. Every time an assigned croupier spins the roulette wheel, the ball has to land on one of 37 numbers. Therefore, the chance of getting a number on the wheel is 1 in 37. This is what the odds are all about.

How many numbers on roulette wheels can be found? The roulette wheel with 37 numbers is the European (original) version, which has numbers 1 to 36 and a 0. The other type is the famous American Roulette, which has 38 numbers from 1 to 36, 0, and 00. The extra zero raises the win probability of the variant in the roulette odds chart.

European vs American Wheel Differences

American vs European Wheel Comparison

Roulette Variant Pockets Green Pockets House Edge
European Roulette 37 Single Zero (0) 2.70%
American Roulette 38 Zero (0) + Double Zero (00) 5.26%

 

Roulette Payouts

On the roulette payout chart, the higher your chances of landing a bet, the lower your winnings, while the lower your chances of landing a bet, the higher your payout. Therefore, it is crucial to use the best strategies to bet on roulette. A roulette wheel payout is in ratio.

For example, staking on a single number pays out a fixed 35:1. For every $10 bet you make and win on the single number bet(straight-up bet), you will receive 35 x $10, which is $350, as a reward. Some players use the Labouchere betting system explained to divide their stake amount. And for profit, they use a roulette payout calculator.

Roulette Odds and Payout Chart

While the payouts of all bets are the same on the American and European Roulette, their odds are different. To get higher payouts, you can learn how to play lightning roulette. However, the roulette table payouts below show various bets and their odds relevant to the classic variants. To place multiple bets, you can apply the Romanovsky roulette system.

Roulette Bet Types — Payouts & Odds

Bet Type
Payout
European Roulette Odds
American Roulette Odds

Inside Bets

Straight up
35:1
2.7%
2.6%

Split
17:1
5.4%
5.3%

Street
11:1
8.1%
7.9%

Corner
8:1
10.8%
10.5%

Basket
6:1
N/A
13.2%

Double street bet
5:1
16.2%
15.8%

Outside Bets

Red or black
1:1
48.65%
47.37%

Odd or even
1:1
48.65%
47.37%

High or low
1:1
48.65%
47.37%

Column
2:1
32.4%
31.6%

Dozen
2:1
32.4%
31.6%

Values reflect standard single-zero (European) and double-zero (American) roulette.

 

Conclusion

Roulette odds and payouts give insight into how much you can win based on the type of wager placed. For new players, outside wagers are advised as they have higher winning odds, though payouts are lower. For players with higher risk tolerance, inside bets offer higher payouts.

Every player deserves a unique roulette betting experience, and you can get this by playing live dealer roulette at Slots Paradise Casino.

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FAQs

What is the payout on roulette?

The payout in roulette is directly linked to the different types of bets. The straight-up bet pays 35:1, while the even-money bet pays 1:1.

What is roulette payout?

Roulette payout is the reward ratio you get on different types of bets. Outside wagers come with low rewards, while inside wagers have high rewards.

What are the odds in roulette?

The odds in roulette are the chances you have of landing a win. In European and American roulette, the odds are 2.7% and 2.6% for a straight-up bet, respectively.