Single number bets, also known as straight up bets, are the biggest paying wagers in roulette.
However, while carrying the highest potential rewards, these bets are risky. Nevertheless, a good understanding of the structures and strategies of single number roulette payouts can be your treasure map to the big wins, regardless if you play live or at the online casino.
This casino guide saves you from any “oops” moment as we break down the mechanics of single number bets, complete with real world examples to help you make informed decisions when you play roulette.
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Single Number Roulette Payouts Prove Fortune Favors Risk
A single number or straight up bet is the wager you place on any number on the roulette table. Placing a bet on an individual figure means you predict that the roulette ball will land on your chosen number, e.g., 8.
Roulette, a classic favorite among casino games, has 37 pockets on its wheel (38 in the American version). These pockets have numbers 0 to 36, with an additional 00 in the American version. You put the chip directly on your desired number to place a straight up bet.
Single number bets have the shortest execution span, instantly giving you an outcome at the end of just one event. However, since your bet depends on a single outcome, you’ll lose all your stake if your desired result doesn’t materialize.
How to Place a Single Number Bet
Our roulette playing guide has a breakdown of the wagers in the game. But let’s give a brief explanation.
Placing a straight up bet is easy. First, check for a single number’s minimum and maximum bet limits. Then, decide on the amount you want to stake. The bigger your stake, the bigger your payout.
Then, decide which number you’re betting on. Choose between 0 and 36 (or up to 00 in American roulette). Then, place your chips on the number on the roulette table layout. Ensure the chips touch no other lines or betting areas.
Wait for the betting window to close, and the dealer will announce “no more bets.” At this point, you cannot place or adjust your wagers anymore.
All you can do is watch the wheel as the ball spins and halts in one of the numbered pockets. Collect your winnings if the ball rests on your chosen number.
Single Number Roulette Payouts and Odds
The roulette odds on single number bets are 2.7% (European) or 2.6% (American). Winning is rare since there’s only a 1 in 37 or 1 in 38 chance the ball will land on whatever number you select. The payout ratio is 35 to 1 (36 to 1 in the American version).
For example, if you place a winning bet of $1 on a specific number, you’ll receive $35. A $25 bet will pay out $875.
Despite the low odds of hitting a single number in roulette, the bet’s high risk, high reward nature makes it an adrenaline pumping way to catch up with the fun of roulette.
Comparing Single Number Roulette Payouts to Other Roulette Bets
Single number bets are just one of the common types of inside bets, i.e., wagers placed in the inner roulette section. Let’s compare single number bets to the other wagering options (split, street, corner, basket, etc.)
First, we have a split bet involving placing a wager on two adjacent numbers. It has a payout ratio of 17 to 1 and 5.4% odds. In street bet, you stake your money on three consecutive numbers in a horizontal line, with an 11 to 1 payout ratio and 8.1% odds. For a corner bet, you’re wagering on four numbers that form a square on the table layout, with a payout ratio of 8 to 1 and 10.8% odds.
A five line bet also called a basket bet (available only in American Roulette), is placed on 3, 2, 1, 0, or 00, with a potential payout of 6 to 1 and 13.2% odds. There is also a six line bet, which is wagering on six consecutive numbers. It has a payout ratio of 5 to 1 and 16.2% odds.
Other wagers include outside bets (red/black, odd/even, high/low) and other inside bets like split, corner, and street bets. These alternative options provide different payout ratios and probabilities.
Comparing single number roulette payouts to other bets, we can see that straight up bets take the lead but have the lowest odds of winning. However, balancing risk and reward at the roulette table is essential.
Single Number Roulette Payouts: Success Stories and Big Wins
Single number bets carry the highest degree of risk. However, there are many instances where players have hit significant wins. Examples are:
Pedro Grendene Bartelle
Pedro Bartelle, a Brazilian businessman, staked $35,000 on a single number at Hotel Conrad, Punta del Este, Uruguay, in 2017. He immediately won $3.5 million.
Sir Philip Green
Lady Luck favored a fashion industry billionaire in 2004 after he placed a single bet at a London casino. He won £2 million for his stake and another £1 million before the end of the year.
Mike Ashley
Mike Askely, a billionaire, is renowned for his color (black) bet at Mary Fair Casino. Again, in 2008, at the In 2008, Fifty London casino, he placed £480,000 ($888,000) on number 17 and won £1.3 million, approximately $2,405,000.
Conclusion
Single number roulette payouts are usually mind blowing. If you have the conviction, you can place a straight up wager. However, these bets are highly risky since you’re betting on just one number. Nevertheless, if you feel lucky, test your luck at the best casino online, and play roulette at slotsparadise.com.
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