What are Roulette Odds?

With Roulette, there’s a mathematical probability of winning. The given odds are affected by the type of Roulette you’re playing and has extra rules accordingly. It’s obvious for any beginner that the European Roulette has a better chance than the American Roulette due to the lack of zero and double zero. European rules like ‘la partage’ and ‘en prison’ generally have a lower house edge than one without them. 

Here’s a quick run-through of Roulette odds before you join the party. 

 

What are Roulette Odds?

Roulette Odds 

Unlike other Online Roulette game odds do not change regardless of the previous spins. Most people are used to estimating their beds based on previous wins or loses; it is just not the same with Roulette. 

Given that every spin-off Roulette is an independent spin, the odds are always going to remain 18/38 or 18/37. Most players are unwilling to believe this logic and follow based on previous spins. 

The odds of winning are always better while playing outside bets. Of these, the famous ones are the ‘even money’ bets as they cover half the outcomes. This is with the exception of the zero or double zero, usually found in American Roulette. 

Now that we know the bets are red or black, even or odd, 1-18 and 19-36, we ought to look at playing outside bets or inside bets. 

Low playouts 

With a 50% chance, all the above bets are a good choice. Then comes the ‘even money’ bets with a slightly lower chance of 48.65% in the European Roulette and 47.37% in the American Roulette. The payout ratio is 1:1 due to this considerable probability. 

Other outside bets include the Column and Dozen of which both cover 12 numbers, has a third of all possible outcomes due to the zero and double zero shots. Any bet placed on the first, second, or third dozens of numbers (1-12, 13-24, 25-36), or any of the columns individually can give 32.43% wins in European Roulette and 31.58% in American Roulette. The winnings are larger here with a 2:1 payout as the probability is less. 

High payouts

These bets are made on single numbers or small groups. With various techniques, you can group your numbers accordingly to get a good playout. Either way, all bets made inside have really good playouts as the probability is also lower. 

These can be divided into the following categories – 

What are Roulette Odds?

  • Straight

    A straight number bet is made on a single number. This has the lowest probability and payout of 35:1. The probability, however, is 2.70% with the European Roulette and 2.63% with the American version.

  • Split

    This bet is made on two numbers of the 27, but the numbers must be neighbours on the table. The payouts are 17:1 and Roulette odds range from 5.41% to 5.26% with the European and American versions respectively.

  • Street

    As the name suggests, a street is a longer, three number bets where a row of numbers can be chosen, for example, 7,8 and 9 etc. The probability is from 8.11% to 7.89% in European and American versions respectively. Playouts here are of 11:1 ratio.

  • Corner

    A corner is like betting on four numbers that form a square on the table. For example, 1,2,4 and 5. This bet comes with a 10.81% to 10.53% probability in European and American versions respectively. The payouts the bet promises are of 8:1.

  • Double street

    Here, like rows, one can bet on rows but two rows at once. This means a total of six numbers here, come with a payout of 5:1 ratio. Probability is 16.22% with European and 15.79% for American Roulette.

  • Basket

    Last but not the least, the basket is a five number bet and gives a player the opportunity to bet on zero and double zero, 1,2 and three. The probability of winning this bet is 13.16% with a payout of 6:1.

With this knowledge, you can understand and play Roulette efficiently. It’s wise to play rationally and responsibly, keeping in mind your bankroll, your priority and other factors. 

Stay alert and thoughtful along with the excitement of the game and continue to analyse every spin as an individual turn and not as a connected whole.

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Name: What are Roulette Odds?

Posted On: 15/01/2020

Author: Tony Willets

What are Roulette Odds?
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