No matter the number of losses incurred, whenever it is payout time, the hope of winning renews. When you wager on real money-winning casino games like roulette, you stand a chance of receiving your roulette payouts as a reward for the bets you dared to place.
Payouts are among the most practicable payout when it comes to online roulette games. And in today’s casino news, we will give a breakdown of roulette payouts in relation to the types of bets that can be placed. Let’s dive in.
Roulette Payouts: Know Your Potential Winning Ratio
Roulette payouts represent the total amount a live or online casino can give players who win when betting on the roulette wheel. It is often expressed in a ratio, no matter the variant or house edge you are playing. European roulette with a single zero has a 2.7% house edge, while American roulette with a double zero has a 5.26% house advantage.
In addition, the type of bet paced also influences roulette payouts. For instance, the odds of a straight bet are 35 to 1, while a $1 stake on a single number yields $35 in winnings plus the $1 wager.
Roulette bets are divided into two types. There are the outside bets and the inside bets. We will take a look at the two below and the link to roulette payouts.