Mastering Roulette: Your Complete Guide to Odds and Payouts

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Whether you are a newbie or a veteran gambler at table casinos, one thing we are certain of is that you have probably noticed a classic casino table with red and black coloured wheels on it. Isn’t that right? Well, that is popularly known as a Roulette table game or online roulette. It has different variants like American, European, and French, and comes with universal rules, including odds and payout. 

 

Ever wondered what the odds and payout would be in roulette table games? In our blog today, we will give you a brief exposure to the odds and payouts in online Roulette and the different odds in inside and outside bets. 

 

What Are Roulette Odds and Payouts?

 

What exactly does it mean by roulette odds? To put it in simple terms, the odds in a roulette table help predict what your winning chances are. When it comes to American roulette, the roulette wheel played with two zeros, the odds of landing on a single digit is 1 in 37 since the total number on the wheel is 38 in this variant. However, because of the advantage of the house edge, the American roulette odds are 1 to 35. To put it simply, your likelihood of landing on a single number during a straight-up bet is 1 in 37, however, thanks to the benefit of the house edge, the payout will be conditioned on the 35 to 1 odds. This rule is relevant to online roulette too.

 

Roulette Odds Payout Chart

 

To fully understand how roulette odds payout work, here is a chart we made for you:

 

Bet Description  Payout European Odds American Odds
Straight Bet Betting on a single number 35 to 1 1 in 37 1 in 38
Split Bet Betting on two adjacent numbers 17 to 1 1 in 18 1 in 18
Street Bet Betting on a row of three numbers 11 to 1 1 in 12 1 in 12
Corner Bet Betting on a block of four numbers 8 to 1 1 in 9 1 in 9
Line Bet Betting on two adjacent rows, covering six numbers 5 to 1 1 in 6 1 in 6
Column Bet Betting on one of the three columns of numbers 2 to 1 1 in 3 1 in 3
Dozen Bet Betting on one of the three dozens (1-12, 13-24, 25-36) 2 to 1 1 in 3 1 in 3
Red/Black Bet Betting on the ball landing on a red or black number 1 to 1 18 in 37 18 in 38
Odd/Even Bet Betting on the ball landing on an odd or even number 1 to 1 18 in 37 18 in 38
High/Low Bet Betting on the ball landing on a high (19-36) or low (1-18) number 1 to 1  18 in 37 18 in 38

 

Comparing Odds: Inside Bets vs Outside Bets in Roulette

 

In a game of online roulette, there are two primary categories of bets— inside bets and outside bets. The probabilities of winning and the following payouts vary between these two kinds of bets. These bet variants differentiate based on where you place your stake on the wheel. 

 

The Inside bet refers to when you place a stake on a specific number or combinations inside the betting layout. On the other hand, the Outside bet is when you place the stake outside the betting setup, which has a broader selection of numbers. The inside bet offers higher payouts as compared to the outside bet, however, when it comes to the winning odds, the outside bets come with higher odds than the inside bets. This is because outside bets involve wagering on broader sections like dozens, colours, columns, and even/odd numbers. On the other hand, inside bets involve placing wagers on a single number and a lesser group of numbers. 

 

In conclusion, learning roulette demands a comprehensive knowledge of the odds and payouts associated with various bets. With this, you can develop practical strategies and enhance your chances of winning and elevate your overall online roulette experience.

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