What are the odds on a roulette wheel? The answer to this question depends on your game type and bets.
Roulette is one of the few casino games with many odds and probabilities. That’s because of the structure of the roulette wheel and the sheer amount of bets available. Therefore, the odds American Roulette presents differ from that of the European Roulette Wheel.
Today’s casino news examines the odds dynamics of the wheel, the roulette payouts, and the calculations involved.
What Are the Odds on a Roulette Wheel? Behind the Scenes
What are the odds on a roulette wheel? Odds on a roulette wheel refer to your chances of winning different bets. The two widely known games are the European and American Roulette. They have 37 numbers, 0 – 36, and 38 numbers, 0 – 36 and 00, respectively. The difference between the two is the presence of an extra pocket of double zero, contributing to the differences in their odds.
Furthermore, the odds on a roulette wheel are linked to the type of bet placed. There are two major bet options: inside and outside bets. Both have wagers under them. We’ll be looking at each and the odds attached to them. More details can also be obtained by reading our American casino guide section.
What Are the Odds on a Roulette Wheel? European and American Inside Bets
Inside bets are wagers placed on the pockets at the roulette table’s center. They are the most difficult bets to win, but their payout is the highest. Here are the odds of each and the payouts for European and American roulette.
Straight-up bet
A straight-up bet, often called a single bet, is a wager placed on a single number on the roulette wheel. The winning odds are 37 (2.7%) for the European Roulette and 1 in 38 (2.6%) for the American Roulette. Its payout is 35:1.
Split bet
The split bet is betting on two numbers. It has an odd of 2 in 37 (5.4%) for the European Roulette and 2 in 38 (5.3%) for the American Roulette.
Street bet
The street bet is wagering on three numbers in a row. The theoretical odds of winning are 3 in 37 (8.1%) for the European Roulette and 3 in 38 (7.9%) for the American Roulette.
Corner bet
The corner bet is a wager placed on four numbers in a corner. The winning odds are 4 in 37 (10.8%) for the European Roulette and 4 in 38 (10.5%) for the American Roulette.
Basket bet
The basket bet involves placing a wager on five numbers in a row. The chances of winning are 5 in 38 (13.2%) for the American Roulette alone. This bet isn’t available in the European Roulette.
Double-Street
The double street or 6-line bet is a wager on six numbers in a row. The odds are 6 in 37 for European Roulette and 6 in 38 (5.8%) for American Roulette.
What are the odds on a roulette wheel? European and American Outside Bets
Outside bets are wagers placed on pockets found at the outer parts of the roulette table/wheel. One unique thing about these bets is that they come with more numbers, bigger odds, and are easier to win. However, they have lesser payouts.
Column bet
On the roulette wheel, there are twelve numbers. Placing a wager on them is called the column bet. It comes with an odd of 12 in 37 (32.4%) for the European Roulette and 12 in 38 (31.6%) for the American Roulette.
Dozen bet
Dozen consists of 12 numbers. Placing a wager on three groups of 12 numbers is called the dozen bet. The mathematical odds of winning are 12 in 37 (32.4%) for the European Roulette and 12 in 38 (31.6%) for the American Roulette.
Red/Black bet
Here, the simple task is to wager whether a red or black number will win. The odds of winning are 47.4% for the American Roulette and 48.6 for the European.
Odd/Even
This is a wager on whether the ball will land on an even or odd number.
The odds of winning are 47.4% for the American Roulette and 48.6 for the European.
18-Number Bets (High/low)
This bet is placed on high and low numbers: the first 1 -18 and the last 19 – 36. The odds are 18 in 37 (48.6) for European Roulette and 18 in 38 (47.4%) for American Roulette.
So, What Are the Odds on a Roulette Wheel?
The odds on the European and American roulette wheel differ by bet. They range between 2.7% and 13.2% for the inside bets and 31% and 48.6% for the outside bets.
Odds Percentage Calculations
The percentages attached to each roulette winning odd are easy to calculate. Divide the number of numbers in a bet by the total number on the roulette wheel and multiply it by 100. For example, the single bet odd in a roulette wheel is 1 in 37. You then divide 1 by 37 and multiply by 100 to give you 2.7% odd. This calculation can apply to all bets and the roulette odds payout.
Roulette odds are generally similar between land-based and online casino games, though online casinos may offer bonuses that affect payouts.
What Are the Odds on a Roulette Wheel? Odds and Factors That Affect Your Wins
Roulette is purely a chance game. Several factors determine a player’s chances of winning. They include:
The Layout of the Wheel
European Roulette has 37 pockets, and American roulette has 38. The extra pocket in the latter wheel gives it a 5.26% house edge, while that of European Roulette is lower, 2.7%. The pockets affect the odds of the roulette wheel.
Bet Type
The more numbers are in a bet, the bigger the odds of landing a win. A straight-up bet with a single number has 2.7% odds of winning compared to a column bet of 12 numbers, with 32% odds of winning.
Betting Strategies
While betting strategies don’t affect a roulette wheel’s mathematical outcomes, they affect your overall game-winning. This includes your playing pattern, your bankroll, and how much time you spend playing.
Conclusion
The Roulette wheel spin outcome is random. You can only slightly influence how much you win based on the bets you place and the strategies you adopt. You can find different variations at www.slotsparadise.com, to find the one you like most.
However, understanding the odds attached to each is the first step of many if you want to gain mastery in the game. Visit Slots Paradise Casino to play roulette table online.
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