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Guide to Roulette Odds, Payouts and Betting Options

November 26th, 2024

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Tabletop games hold a significant place in casinos, offering players the chance to enjoy classic and traditional forms of entertainment. But in this type of table game, you will have to pay attention not only to the varieties of entertainment but also to their odds, payouts, and betting options. We offer you a complete guide to the basic parameters that will help you better understand the table game and get future excellent winnings in betting.

The Basics of Roulette Odds

You may know the rules in tabletop games perfectly, but learning the basics of payout multipliers in entertainment is worthwhile. Let's start with the basic concept of a multiplier in the game. These are numerical values that reflect the possible winnings about a particular bet. Most often, they are displayed as X and Y. The former indicates the multiplier, while the latter indicates the number of bets the multiplier applies to. For example, you will get 35:1 for your bet. This means that your bet will be multiplied by 35x.

To better understand the multipliers in a table game, it is important to learn the terminology. Here are a few terms that you will need when learning:

  1. House Edge. This is a measure of a casino advantage, shown in percentage value. It shows the actual chances of winning and payout multipliers.
  2. Inside and outside bets. These are bets that involve the user determining the outcome of a round. Internal ones allow you to bet on individual numbers or small groups. And external - on large groups of numbers, colors, dozens, even/odd.
  3. Even Odds Bet. This is an opportunity to bet on zeroes or any other number available in different sectors.
  4. Split or betting on neighboring numbers involves betting on a single line of numerical values.
  5. A bet on a dozen involves placing a specific amount on one of three groups of numbers from 1 to 12. 

This brief terminology will help you explore some of the factors important to entertainment further. You will explore these concepts in more detail later on, but at this point, you will already understand what we will be discussing next. 

Roulette Odds by Bet Type

Popular games worldwide have features, among which we want to highlight odds in roulette, which multiply the winnings by a certain number of units. Fascinating entertainment offers many different types of bets. Each has its specific multipliers, which determine the profit size. The higher the multiplier, the higher the chances of getting a big win. The following describes the varieties bets at gambling sites and the odds by which they increase the winnings.

Inside Bets and Their Odds

To begin with, let's understand the concept of an inside bet in the casino. This type of betting involves the fact that the game chip for betting is placed on sectors with numbers in the inner part of the field. If you are interested in what are the odds in roulette, if you make internal bets, they are quite high. Distinguish such variants of internal bets on the playing field:

  • direct. The participants of the session put money on one number. The chip can be put on any number inside the field. These numbers range from zero to 36; in American type, it is up to 38 plus an additional zero; in the European version, it is up to 37. The chances are 35 to 1, meaning the winnings are multiplied by 35 plus the amount of the bet;
  • split. Gamblers can bet on two neighboring numbers placed in the inner field. This option increases the probability of winning, but the player risks losing more money than a straight insertion. The split bet is characterized by odds of roulette equal to 17 to 1. If both bets are won, each amount is multiplied by 17 units;
  • straight. Players can profit well if they bet on three numbers inside the field in a horizontal row. The multiplier of this type of bet is 11 to 1, so you can make a good profit, especially if all three bets are successful. 

Depending on the gambler's bankroll preferences, goals, requirements, and size, you can choose from any of the described bets. 

Outside Bets and Their Odds

According to the rules of the famous gambling entertainment, in addition to external bets, there are internal. They are made of groups of numbers united by certain features. For example, you can bet money on even/even numbers, the red/black color of the sector, columns, and tens. This betting category has even more opportunities to get large winnings, which are increased by roulette betting odds of a particular value. 

Now let's familiarize ourselves with the external betting options that are inherent in all the main types:

  • red/black: this type of bet is known even to those who have hardly encountered roulette at online casinos. Participants in the round place their bets on either red or black. If the ball stops on the sector of the previously selected color, the bet wins. The multiplier of this type of bet is defined as 1 to 1; that is, another one of the same color is added to the amount of winnings;
  • even/odd: by the name of this type of bet, its essence is already clear. This simple option is great for beginners because it is easy enough to choose even or odd numbers for the bet. If after the rotation of the drum falls out of the category that the player predicted, then the identical number of units is added to the received amount. The multiplier for even/ odd is also 1 to 1;
  • tens and columns: this variation involves betting on large groups of numbers located in the outer part of the playing field. Columns look like lines arranged vertically, each with 12 numbers. When the ball chooses the winning number, the profit is doubled because there is a 2 to 1 chance for this type of bet. 

Each external variety of popular game bets has advantages and features. Players have the opportunity to choose an option at their discretion and try their luck.

Special Bets and Their Odds

In addition to the main categories of bets in gambling entertainment, such as internal and external bets, there are also special types. Regular users of online casinos and fans of entertainment are well-known bets on neighboring numbers and calls. Thanks to additional features, every gambler can get even more excitement and chances for profit.

What are called bets? Let's understand together. Participants in the round bet money on separate groups of numbers. The peculiarity of this option is that players bet on the wheel, not on the playing field, as usual. Call bets can be divided into several categories: the first - 17 numbers near zero, 12 numbers opposite the zero, and those closest to zero. The betting chances can be 35, 17, 11, 8 to 1. 

Another variation of the special bet is on neighboring numbers. Gamblers make several cash bets. Chips are placed on one particular number and pairs of neighboring on the left and right sides. It turns out that a total of 5 numbers will be bet on. Each number won is multiplied by 35 units. The rest of the bets are considered lost when one of the 5 numbers falls on the wheel.

Platform

Download, Instant Play, Mobile

Comparing Roulette Variants and Their Odds

Each type has individual roulette number odds, which will help you choose the most optimal entertainment option for winning. In most cases, the range of gambling platforms can be seen in the three types: European, American, and French. They differ in the number of bets, the nuances of the game, and, of course, roulette winning odds for real money. Below are some comparative facts about the types of popular games and the multipliers they offer for generous rewards. 

European Roulette Odds vs. American Roulette Odds

The European type has only one zero, but American roulette has two zeros on the field. This indicates a lower casino advantage in the former case and a higher house edge in the latter. Essentially the roulette odds of both types are identical, only the chances of making a profit in the European one are much more realistic than in the American version. 

The Role of the Extra Double Zero in American Roulette

The second sector of the zero in the American version affects different aspects of the game. You might think that this applies to roulette table odds on gambling sites. The fact is that such a feature of the American kind of game increases the chances of profit, but the size of the multipliers remains fixed for external and direct bets. This version of the game is chosen only by those users who have excellent experience in the game and are ready to make any bets to enjoy the excitement and winnings.

How French Roulette Rules Impact Odds (La Partage and En Prison)

This type of game has a few special rules that change the odds on roulette and affect the amount of money won. This variant of the game is preferred by those gamblers who like to apply different strategies to win. Let's consider these nuances in more detail:

  • La Partage rule is that when betting on even money and zero on the reel, the gambler does not lose all but only half of the bet. Thanks to this feature, the house edge is reduced. The player does not lose the bet, but the remaining 50% is multiplied by the chances;
  • En Prison rule is based on the fact that when the ball hits the sector with zero, the bet is frozen, and it is possible to make the next one. If the second attempt is successful, you can return the first bet to your account. In this situation, the advantage of the casino is reduced, and the game participant receives his money with increased roulette wheel odds, which are set by the terms of the institution.

With the help of additional French game rules, you can multiply your profits and increase the probability of winning. 

The House Edge and Roulette

Every gaming platform offers different variations of the table game in one way or another, which have their own casino advantage or house edge. European, American, French, and others are characterized by the house edge, which shows how much the casino will have an advantage over the player. Let's try to understand the roulette's house edge and familiarize ourselves with its features. If you carefully study the nuances of the gameplay, there will be more chances to win in different types of gambling entertainment. 

What Is the House Edge?

So, the house edge or online casino advantage is a probability determined by the amount that reaches the platform during betting. This peculiar strategy enables the casino to earn regularly when gamblers play entertainment. 

The main essence of the house edge is that the percentage of profit of the game participants will be less than 100%. In this way, the gambling establishment provides itself with a constant profit. There are options to reduce the casino edge a bit. For example, you can get a win on casino roulette odds with the help of external bets. It is also desirable to choose the European type and set bankroll limits to minimize the loss of funds.

How the House Edge Varies Across Variants

The percentage rate of gambling site advantage varies depending on the type. In the American variety of games, the house edge is approximately 5.26%, while the European one brings about 2.7% of the profit to online casinos. If we discuss the French variant with the La Partage feature, the platform's advantage will be 1.35%, but only if we bet on even numbers. 

That is, the more complex the rules and nuances of the entertainment, the higher the percentage of casino advantage. Beginners are recommended to choose the most simple variations, for example, European, as there are more chances to get wins. However, the American one suits advanced players who like excitement and complex strategies.

Strategies for Using Roulette Odds

Fixed chances are often used in gambling schemes to improve results. Examples of the most popular strategies among gamblers, which are rationally used in the game:

  1. D’alembert. This scheme increases the bet by one after losing or reduces it by one after winning. To get a good multiplier, it is recommended to bet money on the outer values of the field. 
  2. Martingale. The essence of the strategy is that the bet is multiplied by two after a failure to get a profit and return the funds lost before. Such a technique often works on the values of even-even or black-red. The multipliers increase to a probability of 48.6% if the roulette is of the European type.
  3. Labouchere. The strategy is based on a numerical sequence. That is, each subsequent bet is modified with this scheme. The methodology can be applied to different types of bets because there is a chance to get the best roulette odds on the gambling platform. 
  4. Fibonacci. This strategy resembles the previous one, but each subsequent bet is the sum of the previous two. The technique often gives positive results if it is used for betting on the outer sectors of the playing field. 
  5. Flat Betting strategies can increase the odds of winning roulette. This method is perfect for beginners in gambling, especially roulette, as it involves placing the same bet amount throughout the game. By sticking to this approach, players can manage their bankroll effectively and aim for solid payouts.

You can choose one of the proposed options or apply each in turn. This will help determine which technique works faster in a particular case. 

Calculating Your Winnings Based on Odds

The winnings depend on roulette best odds, which are determined by the type of bet made. We suggest considering how to correctly calculate the amount won in online casino gambling. According to the game's rules, the winnings amount is multiplied by the fixed chances of the selected bet type. Look at the roulette payout odds: on one number, 35 to 1. On two different numbers - 17 to 1, straight - 11 to 1, square - 8 to 1, on even/odd or red/black - 1 to 1, ten or column - 2 to 1. In the case of a successful prediction, the gambler returns his bet and receives additional profit. 

It is also worth understanding how winnings are calculated on best odds in roulette. So pay attention to the betting chances while setting them to assess how profitable it is to make a particular inside and outside bet. But remember that although high odds promise big winnings, getting them will be quite difficult.

Three factors also affect the calculation of winnings - the type of table game, variance, and bet size. The first nuance affects what the odds of winning roulette will be for the player. As for the variance, high-odds bets have a low chance of falling out, while low bets are more profitable because of the odds of falling out, which are increased.

Now you know what are roulette odds and how they affect the calculation of your final winnings. Be sure to pay attention to the type of game, bets, unique rules, and entertainment features because the higher the advantage of the gambling establishment, the lower your chances of winning. Experiment with different strategies and create your own. You can do this in the traditional board game versions in a separate category. You can open it in demo mode, where you will play for a virtual account. This game format will also help you understand how winnings are calculated and what possible amounts you can get for different bets.

Frequently Asked Questions About Roulette Odds

The best multipliers are believed to be characteristic of low-risk bets. The middle ones are even/odd or black/red bets.

There are several reasons for this statement. The first is that European roulette has one zero, so the gambling establishment's advantage is lower. The second is that the European type has a La Partage rule, which allows the player to return part of the bet. Plus, European has simpler rules.

This option is possible if you use several effective strategies. The most popular schemes are Fibonacci, Martingale, and D’alembert. You should also limit your bankroll and try to bet on even/odd. 

The probability of winning a bet on color is based on the type of gambling. Statistically, black/red is more likely to fall out in the European version and less likely to fall out in American.

Every player can profit. They depend on the type of game, type of bet, intuition, and luck. The results are always unpredictable and random, so it is impossible to predict the winnings. 

In all game varieties, the falling out of the cell of green color or zero multiplies the bet by 35 units.

If you believe the statistics, the chances depend on the type of gambling entertainment. In the European version, the probability of making a profit in the red/black sector is about 48%. In American type - about 47%. Less often falls out zero, that is, the green color.

Of course, it is possible to get real winnings. You can choose different types, use different strategies, and study the statistics of the game to increase the probability of winning.