Roulette Even Odds Payout

Roulette offers a bewildering number of betting options, but the bets are actually straightforward enough. In order to make sure you get the correct payout, you’ll want to make sure that you put your chips in exactly the right place on the table. Missing a payout because your chip isn’t in the right spot is a drag.

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  2. Roulette Even Odds Payouts
  3. Odds Payout Calculator

Roulette payouts are an important part of roulette strategy. They work like this. The odds are stated in the form of x to 1, which means you’ll win x dollars for every dollar you’ve bet. For example, the single number bet offers a payout of 35 to 1. If you win, you’ll get your dollar back plus the $35 for the win.

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If you’re successful, the payout will be even odds or 1 – 1. Column – There are three columns with twelve numbers each on a roulette table. Therefore, if the ball lands on one of the numbers in the column you chose, you will get a payout of 2 to 1. Dozens – There are thirty-six numbers on a roulette table. Examples of Even Chance Bets are Red/Black, Odd/Even, and Low/High. They basically give the player almost 50% chance of winning each time. It does however, only has a 1:1 payout. After which, the first part of the betting sequence begins. Let’s say that you opt for red. You would be betting £1 on red, not only once, but thrice. The rule 'Surrender' decreases double zero roulette house edge for even money bets (red/black, even/odd, high/low) to roughly 2.6%. The bet called 'top line' that covers the numbers 0, 00, 1, 2 and 3 on a double zero roulette has the highest house edge found on a roulette table – 7.9%. Feb 13, 2020 The rule 'Surrender' decreases double zero roulette house edge for even money bets (red/black, even/odd, high/low) to roughly 2.6%. The bet called 'top line' that covers the numbers 0, 00, 1, 2 and 3 on a double zero roulette has the highest house edge found on a roulette table – 7.9%.

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Payouts on the Outside Bets

On the edge of the table are a series of bets which are “outside” the 38 numbers on the table. Each of these bets refers to a specific set of numbers or colors. If the ball lands on 0 or 00, you’ll lose on any of the outside bets.

The outside bets include:

Red or Black – This bet pays out even odds (1 to 1) if the ball lands on the color you chose.

Odd or Even – This bet pays out even odds (1 to 1) if the ball lands on odd or even, depending on which you chose.

Low or High – This bet pays out even money (1 to 1) if the ball lands on 1-18 if you bet low, or if the ball lands on 19-36 if you bet high.

Columns – The numbers on the layout are organized into three columns of twelve numbers each. A “columns” bet wins if the ball lands on one of the numbers in the column you chose. This bet pays out 2 to 1 when you win.

Dozens – There are 36 numbers on the table, so you can bet on the first dozen (1-12), the second dozen (13-24), or the third dozen (25-36). This bet also pays out 2 to 1.

Payouts on the Inside Bets

You can also bet on specific numbers and sets of numbers on the inside of the layout. These bets win less often, but they pay out more when you do win. The house edge on the inside bets is the same as the house edge on the outside bets.

The inside bets for roulette include:

Roulette Even Odds PayoutRoulette Even Odds Payout

Straight-up – This is a bet on a single number. It pays off at 35 to 1.

Split bet – This is a bet on any two adjacent numbers. You place the chip on the line between the two numbers in order to make this wager. This bet pays out at 17 to 1.

Street bet – This bet covers three numbers. You place your bet on the line outside of the three numbers in the row where you want to win. This bet pays out at 11 to 1.

Corner bet – Some people call this a square bet or a quarter bet. It’s a bet on a corner that makes a square, and it’s a bet on four numbers. A win on this type of bet pays out at 8 to 1.

Five-number bet – You can only make one five-number bet, and it’s the only inside bet that offers different odds from all the others. The problem is that it has a higher house edge, making it the worst bet on the table. This bet is on the numbers 0, 00, 1, 2, and 3, and you place the chip on the outside corner line between the 1 and the 0. This bet pays out 6 to 1, but only masochists place this bet.

Six-number bet – Some people call this a line bet. It covers two adjoining rows of numbers. It pays out at 5 to 1.

How Roulette Payouts Give the Casino an Edge

These payouts all have one thing in common—they pay out less than the true odds of hitting a win. That’s why the casino enjoys a house edge of 5.26% on roulette. Your odds of winning are always less than the payout amounts.

For example, the odds of winning a straight-up bet are 37 to 1. There are 37 numbers on the wheel that lose, and 1 bet on the wheel that will win. But the bet only pays out 35 to 1, not 37 to 1, so the house wins more often than it loses.

A split bet offers you odds of winning of 18 to 1, but it pays off at 17 to 1.

I could list all of them, but you get the idea by now. The casino has an unassailable mathematical advantage on every bet. No betting system or strategy can overcome this advantage.

Roulette Even Odds Payout Genesis Open

Of course, in the short run, anything can (and often will) happen. This is called “standard deviation”, and it explains why some people walk away from the roulette table as winners. The mathematically true results only come around the closer you get to an infinite number of spins.

So the best way to approach roulette is as a lark. It’s a fun game. You can relax and socialize while you play. But don’t expect to win, because the odds are against you. And if you do win, walk away and smile, because you beat the odds.

Roulette Even Odds Payouts

Roulette is truly a special casino game. Players of all kinds can enjoy it without needing to worry too much about strategy and tactics, while the prizes can pay off a lot! However, this game involves quite a bit of money, and before you decide to invest in some chips, it’s essential to know how much you stand to win or lose while playing.

Every single roulette wager includes a mathematical probability that will reveal your winning chances. But it’s not that simple since there are multiple variants of the game, all including different odds and payouts as well as a wide range of bet types, which may confuse some roulette players.

So what is the payout in roulette? Is it easy to learn how to calculate the payouts? Keep reading to find out!

Roulette

It takes some time to get to know the game of roulette, but luckily, beginners or intermediate players of other casino games only need to learn some basics to understand it.

You may already know that American roulette (with 00) includes weaker odds compared to the European variant (single zero). Also, the addition of such rules as “en prison” in the European version will give the game a decreased house edge. What’s more, it’s crucial to know these rules as well as all the bet types since you could miss a good payout if you place your chips in the wrong place on the roulette table. So when you memorize the different roulette bets, you’ll be able to know how to calculate the odds.

Payouts and Odds

Overall, roulette payouts are fairly simple to understand. Namely, the term relates to the money you stand to receive on your winning wager. It’s almost always a multiple of the bet, and the payouts are expressed with a simple formula: X to 1.

For instance, with an 8:1 payout, you win $8 on a dollar bet. Plus, the croupier will return your original wager. In another example, if the payout is 5:1 and you place a $5 bet, then the total winning amount will be $25. Also, the croupier will return your original wager of $5.

Moreover, it’s possible that roulette payouts could vary depending on the specific games offered in a land-based venue or online casino. That’s another reason why it’s smartest to know all the roulette payouts. That way, you won’t have to spend time while locating them in a live or online casino if you simply know them by heart.

Tip #1

In a way, it could also be better to simply learn the principle behind roulette payouts without needing to memorize every type of bet. What’s more, you can learn how to calculate any bet in only a few moments.

Namely, the main elements here are the zeroes — the 0 or 00 (American variant). As a rule, the number is not included in any calculations.

Furthermore, when it comes to calculating payouts, you merely need to imagine that the game contains 36 numbers. The zero or double zero pockets only generate the game’s house edge. However, sometimes, if zeros are called, all wagers will lose.

How to Calculate Payouts

The best way to grasp the calculation process is to look at an example with column bets.

All 36 numbers in the game can be found over three columns (12 numbers per column). If bets are placed on a column, you’ll get paid if the roulette ball lands on any of the numbers the column includes.

Conversely, if the ball lands on the remaining 24 numbers, you’ll lose that bet. To know the payout, simply look at the losing/winning ratio. Namely, when a column bet is placed, the ratio is 24:12. However, since the payouts are always shown in the simplest form, the payout on that bet is actually 2:1 rankhaya.com/. If you, for example, place $4 on a column and your bet wins, you win $8 along with the original bet of $4, i.e., a total of $12.

Here are a few other examples:

  • The split bet (on two numbers) can lose on exactly 34 and win on only 2 numbers. That way, the payout equals to 34:2, but the simplified expression of that is 17:1.
  • A bet on red has equal winning/losing numbers (18) and the payout amounts to 18:18 or 1:1.
  • Placing a trio wager gives you 3 winning or 33 losing numbers. Thus, this payout is 33:3. When simplified, it amounts to 11:1.
  • A 4-number wager (corner) gives a 32:4 payout since you stand to win on 4 and lose on exactly 32 numbers. The simplified version of this payout is 8:1.
  • A 6-number wager offers a 30:6 payout since there are 6 winning and 30 losing numbers. The payout’s simplest form is 5:1.
  • With a bet on only one number or the zero/double zero, the payout always amounts to 35:1 and there is no way to simplify it.

Types of Bets

To the unacquainted, roulette includes two main bet type groups — inside and outside bets. These bet forms are named after the placement of the wagers on the roulette table layout.

Generally, inside bets are riskier and come with higher payouts, while the outside wagers come with smaller payouts due to increased winning chances. Thus, the outside bets are the safer option, but most of them will pay even money while covering nearly 50% of the table.

The inside bets are:

  • Red or Black — the ball must land on a chosen color
  • Odd or Even — the ball must land on odd or even numbers
  • Low or High — the ball must land on 19 to 36 or 1 to 18
  • Columns — the ball must land on one of three columns.
  • Dozens — the ball must land on 1 to 12, 13 to 24, or 25 to 36.

On the other hand, inside bets come with smaller chances since the wagers get placed on specific numbers or number combinations. Here’s a list of inside bets:

  • Straight-up — a wager on only one number.
  • Split — a wager on two numbers (adjacent).
  • Street — a wager on three numbers.
  • Corner — a wager on four numbers forming a square.
  • 5-Number — a wager on 3, 2, 1, 00, and 0.
  • 6-Number — a wager on two number rows.

Chances of Winning, Payouts in Vegas and Online

Most inside wagers come with a chance of around 50%. Overall, the odds are around 48.60% for even money bets if you’re playing the European variant, and 47.37% if the wheel is American. And the odds of winning on inside bets vary from 2.70% to 32.40%.

To better illustrate how much you stand to win, here is a table containing the full list of bets, payouts and odds for American and European roulette:

Bet Type Payout European Odds American Odds
Straight-up/Single Number 35:1 2.70% 2.60%
Split/2 Numbers 17:1 5.4% 5.3%
Street/3 Numbers 11:1 8.1% 7.9%
Corner/4 Numbers 8:1 10.8% 10.5%
5-Number 6:1 13.5% 13.2%
6-Number 5:1 16.2% 15.8%
Column 2:1 32.40% 31.6%
Dozen 2:1 32.40% 31.6%
Odd or Even 1:1 48.60% 47.4%
Red or Black 1:1 48.60% 47.4%
Low or High 1:1 48.60% 47.4%

Average Payouts on a $5 Bet

So if you keep in mind that roulette returns your wager to you when you win, plus the winning amount, here’s how much money you can get for a typical $5 bet:

Odds Payout Calculator

  • Straight-up: $180 ($175 win + $5 bet).
  • Split: $90 ($85 win + $5 bet).
  • Street: $60 ($55 win + $5 bet).
  • Corner: $45 ($40 win + $5 bet).
  • 5-Number: $5 ($30 win + $5 bet).
  • 6-Number: $30 ($25 win + $5 bet).
  • Column: $15 ($10 win + $5 bet).
  • Dozen: $15 ($10 win + $5 bet).
  • Odd/Even: $10 ($5 win + $5 bet).
  • Red/Black: $10 ($5 win + $5 bet).
  • Low/High: $10 ($5 win + $5 bet).

Roulette Payouts Summary

Overall, those were the basics of calculating roulette payouts. As you have seen, there’s a simple formula to do it if you use the win/lose ratio. Additionally, you can also use resources like the table and lists that we’ve shown you. We’ve included all the bet types, their payouts, and odds in our table. The game of roulette is incredibly fun, and it can lead to some big rewards if you know the payouts and odds.

So check out some frequently asked questions below and start playing today!

Frequently Asked Questions

The payout refers to the amount of money the roulette game will return on your bet. When you win a bet, the game will give you a specific payout depending on the bet type you chose (straight-up, odd/even, etc viagra cena.). Generally, roulette payouts range between 35:1 and 1:1 and when you win, the game will return your original bet plus the winnings. For example, if you bet $5 on a split bet with a 17:1 payout, you’ll win $85 as well as the $5 of the original bet.

Firstly, one of the worst wagers is the 5-Number bet because the odds are simply too low. One of the best bets is to put your money on evens/odds, black/red, or high/low info. While it comes with a smaller payout, the winning chances are nearly 50%. Plus, another great bet is to place money on columns — it will cover a third of the table, and it can double the winnings.

When you bet on zero, it’s counted as a single number bet. The ball can land on zero or on the other 35 numbers on the roulette wheel. Furthermore, a bet on 0 ensures a payout of 35:1. Plus, if you win, you will get your original wager back. On the American roulette wheel, you can also bet on 00, and the payout is 35:1 rankhaya.com/.

Roulette is a chance-based game, but it takes some skill to play it, and players shouldn’t simply rely on pure luck. The skills required are a great bankroll management system, knowledge of payouts and bets, as well as a cool-headed approach. While these skills will not make the odds smile upon you, you’ll play with a detailed understanding of what you need to do in order to win.