Understanding how to win at Roulette games without the knowledge of the Roulette payouts is nonsensical. When you know how to calculate your winnings, you can strategically place bets to increase your winning chances.
Read on to learn more!
Roulette Payouts and Odds: Working Principle
Odds are simply the probability of winning or losing a bet, while payouts show how much you get to win if you win any bet you place.
These factors are intertwined because the lower the odds, the higher the payout, and the higher the odds, the lesser the payout. Roulette bets also help you understand whether the payout will increase or decrease.
Game Type Effect
The Roulette wheels you play have a role in determining your odds, eventually affecting the payout. The European and French online Roulette both have one Zero or Green pocket, while the American counterpart has both single and double zero pockets. This seemingly minute difference affects Roulette payouts. European and French Roulette offer better payout odds than American Roulette on a single bet.
Roulette Payouts: Bet Types Effect
According to the Roulette rules, there are two primary types of bets in online Roulette. The outside and inside bet. All other forms of bets fall under them.
Outside bets are usually found on the outside layout of the Roulette table and typically involve a lot of numbers. The payout is generally low since outside bets involve more numbers and low risk. However, it is frequent. The outside bets are
- Dozen bets
- Column bets
- Even/odd bets
- Color bets
- High/low bets
Inside bets are always found inside the Roulette table layout and usually involve low-number bets, unlike outside bets. And because they have low numbers in most of them, the risk is generally high, which means a higher Roulette payout.
An example is the straight bet with a 35 to 1 odd. It is almost impossible to win this kind of bet because you are betting on a single number out of 36. But if the roulette ball eventually lands on the number pocket, you win very large.
Alternatively, the inside bets available are:
- Straight bet
- Split bet
- Street bet
- Corner bet
- Top line bet
- Line bet
How to Calculate Roulette Payouts Using Odds
Calculating Roulette payouts through payout odds is no hassle at all. A basic understanding of arithmetics will do the trick. The factors involved are the number each bet carries and the number of pockets on the Roulette wheel.
Let’s begin with calculating odds, using European Roulette as an example. The formula for calculating odds is Total No-X/X/1, with X being the numbers a bet covers. 36 is the total number of pockets excluding single and double zero for all Roulette variants.
Following the formula, the odds for a street bet will be 36-3/3/1, which equals 11:1 in ratio form. With this idea of calculating Roulette odds, you can conveniently calculate your payout based on the stake amount. Consider the below example.
The odds for a street bet is 11:1. For every $1 you stake, you win $11 back as profit, which makes the total profit $12 ($1 + $11). So if you stake $10, you earn a profit of $110, which equals a net profit of $120.
Roulette Payout Table
Below are the payouts for every bet in Roulette
- Straight Up: 35 to 1
- Split: 17 to 1
- Street: 11 to 1
- Trio: 11 to 1
- Corner: 8 to 1
- Top Line: 6 to 1
- Line: 5 to 1
- Columns: 2 to 1
- Dozen: 2 to 1
- Low: 1 to 1
- High: 1 to 1
- Even/Odd: 1 to 1
- Red/Black: 1 to 1
Playing free casino games in their demo mode will help you understand and practice all the game rules, bet options, and payout rates without losing a dime from your bankroll.
Whether you play virtual Roulette or land casino-based Roulette, if you understand the Roulette rules and how payout works, you are on the path to being a professional player. Visit Vegas Aces Casino for the best online roulette gaming experience.
If you crave further context into table games and the notable benefits of casino games online, keep your eyes peeled on Vegas Aces Casino for lots of exciting content and learn how to bluff and use a poker cheat sheet in poker, deal the cards for fun gameplay, or to roll your dice with style with our casino guide section.
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