Roulette Odds

Introduction to Roulette: Understanding the Basics and Bets

Roulette wheel

Roulette, known for its simplicity and straight-forward betting, originated in France but may have derived from the Italian game Biribi, with the word ‘roulette’ literally meaning ‘little wheel’, perfectly describing its defining feature (which isn’t so little anymore). The game involves spinning a horizontal wheel that’s divided into numbered compartments. Roulette odds are important to understand if you want to feel like you’re playing roulette in the shady corners at Rick’s Cafe American from Casablanca or like James Bond in Diamonds are Forever.

Types of Bets

Even/Odd and Red/Black

Players can bet on either even/odd or red/black numbers on the roulette table, covering 18 odds or 18 even/red numbers. This bet pays out even money, meaning you receive the same amount you bet plus your original wager when you win.

Column

With three columns on the roulette table, players can bet on an entire column, although the chances of winning are lower compared to other bets. However, the payout is higher, typically at 2 to 1:

  • 1st Column: 1,4, 7, 10, 13, 16, 19, 22, 25, 28, 31, 34
  • 2nd Column: 2, 5, 8, 11, 14, 17, 20, 23, 26, 29, 32, 35
  • 3rd Column: 3, 6, 9, 12, 15, 18, 31, 24, 27, 30, 33, 36

Dozens

Divided into three sets, covering numbers 1-12, 13-24, and 25-36, a single dozen bet pays out at 2 to 1.

Six Line

This bet covers six consecutive numbers, spanning two adjacent rows of the table. It offers a payout of 5:1 and is also known as a quint bet.

Corner

Betting on four numbers next to each other on the roulette board, a corner bet pays out at 8:1.

Street

Covering three consecutive numbers in a row, street bets offer a payout of 11:1.

Basket

Also called the ‘sucker’ or fiver number bet, this is specific to American roulette. Simply, the bet includes five numbers (0, 00, 1, 2, and 3), giving you 6:1 odds, but this means it has both a low payout along with a low chance of winning, which gives the house edge a greater value.

Call Bets

Unique to European/French roulette, this bet is when a player literally calls out their bet and are divided into two variables: fixed (bets stay the same) and variable (change based on the preference of the player). This is also more for players playing bets based on the roulette wheel number sequence rather than the betting table.

How to Play the Roulette Odd

Roulette wheel

Over time, numerous individuals have attempted to outsmart the casino, seeking to transform roulette—a game inherently favouring the house—into one where the player anticipates consistent wins. These strategies frequently hinge on the “Gambler’s fallacy,” which erroneously suggests that past outcomes hold predictive value for future events. For instance, some may believe that if a roulette wheel has landed on red for ten consecutive spins, the likelihood of red appearing on the next spin is influenced by this sequence, regardless of the wheel’s inherent randomness. Therefore, a positive and negative progression system was developed to help guide pathways towards potential earnings’ routes.

A negative progression system involves increasing the size of one’s bet after a loss. The aim is to recover losses quickly and return to a winning position following a losing streak. Examples include the Martingale, Fibonacci, Labouchère, and d’Alembert systems. These systems often lead to small but consistent wins followed by occasional large losses.

A positive progression system involves increasing the bet size after a win. The goal is either to enhance winning streaks (as in the Paroli system) or to capitalise on changes in luck to recover faster from previous losses (as in Oscar’s Grind). These systems typically result in small but consistent losses followed by occasional significant wins, though in the long run, these wins may not fully offset the losses incurred in between.

The American Roulette Wheel

Featuring a total of 38 divisions, the wheel includes numbers ranging from 0 to 36, with the addition of an extra 00 pocket. The 0 and 00 pockets are highlighted in green, while the numbers are alternately red and black. The probabilities of winning vary across different bet types. For instance, even/odd and red/black bets offer a 47.4% chance of winning, providing relatively favourable odds for players. 

Similarly, column and dozen bets each carry a 31.6% probability of winning. As the complexity of bets increases, such as with six line, corner, street, split, and straight bets, the probabilities decrease accordingly, ranging from 15.8% down to as low as 2.6%. These probabilities highlight the varying degrees of risk and potential reward inherent in American roulette gameplay.

The European Roulette Wheel

Featuring 37 pockets, the European Roulette wheel showcases numbers 1 to 36 alternating in red and black, with a solitary green pocket labelled as 0. This singular green pocket contributes to a notably reduced house edge compared to its American counterpart. A notable distinction lies in the strategic placement of numbers on the European wheel, ensuring a balanced distribution of colours, odd and even numbers, as well as highs and lows.

Column and dozen bets each carry a 32.4% probability of winning. As the complexity of bets increases, such as with six line, corner, street, split, and straight bets, the probabilities gradually decrease, ranging from 16.2% down to as low as 2.7%. These probabilities highlight the intricacies of European roulette and the varying levels of risk and potential reward it offers to players.

Roulette Odds Breakdown For Outside Bets

  • Red or black: Potential payout: 1:1. European roulette odds: 48.65%. American roulette odds: 47.37%.
  • Odd or even: Potential payout: 1:1. European roulette odds: 48.65%. American roulette odds: 47.37%.
  • High or low: Potential payout: 1:1. European roulette odds: 48.65%. American roulette odds: 47.37%.
  • Column: Potential payout: 2:1. European roulette odds: 32.4%. American roulette odds: 31.6%.
  • Dozen: Potential payout: 2:1. European roulette odds: 32.4%. American roulette odds: 31.6%.

Roulette Odds Breakdown for Inside bets

  • Straight bet: Potential payout: 35:1. European roulette odds: 2.7%. American roulette odds: 2.6%.
  • Split bet: Potential payout: 17:1. European roulette odds: 5.4%. American roulette odds: 5.3%.
  • Street bet: Potential payout: 11:1. European roulette odds: 8.1%. American roulette odds: 7.9%.
  • Corner bet: Potential payout: 8:1. European roulette odds: 10.8%. American roulette odds: 10.5%.
  • Basket bet: Potential payout: 6:1. European roulette odds: N/A. American roulette odds: 13.2%.
  • Double street bet: Potential payout: 5:1. European roulette odds: 16.2%. American roulette odds: 15.8%.

What are the Payout Odds in Roulette?

  • Column: Example bet – Any number in the third column. Payout: 2:1. European roulette odds: 32.40%. American roulette odds: 31.6%.
  • Dozen: Example bet – Any of 13 to 24. Payout: 2:1. European roulette odds: 32.40%. American roulette odds: 31.6%.
  • Even bets: Example bet – Black over red. Payout: 1:1. European roulette odds: 48.60%. American roulette odds: 47.4%.
  • Single number: Example bet – 7. Payout: 35:1. European roulette odds: 2.70%. American roulette odds: 2.60%.
  • Two numbers: Example bet – Either 19 or 20. Payout: 17:1. European roulette odds: 5.4%. American roulette odds: 5.3%.
  • Three numbers: Example bet – Any of 28, 29, or 30. Payout: 11:1. European roulette odds: 8.1%. American roulette odds: 7.9%.
  • Four numbers: Example bet – Any of 5, 6, 8, or 9. Payout: 8:1. European roulette odds: 10.8%. American roulette odds: 10.5%.
  • Five numbers: Example bet – Any of 0, 00, 1, 2, or 3. Payout: 6:1. European roulette odds: 13.5%. American roulette odds: 13.2%.
  • Six numbers: Example bet – Any of 4 to 9. Payout: 5:1. European roulette odds: 16.2%. American roulette odds: 15.8%.

Online Roulette vs. Live Roulette

The biggest obvious difference between online and live roulette is the physical wheel and space in which the betting takes place. While online you would be clicking on various bets to make and waiting while watching a screen, in person you would be placing chips on the exact spots to make your precise bets, whether that’s a straight bet, split bet, corner bet, etc. Therefore, an added element of surprise and anticipation occurs in the live roulette match, where your eyes will be tracking a spinning wheel as it captures a ball.

FAQs

What are the odds of hitting red?

In American roulette, the chance of hitting red or black stands at 47.4%, while in European roulette, it increases slightly to 48.6%. Regardless of the variant, winning bets on red or black are paid out at a 1:1 ratio.

What are the odds on 0 or double zero in roulette?

The odds of hitting 0 or double zero in roulette are 2/38 or approximately 5.26% each on an American roulette wheel, and 1/37 or approximately 2.70% each on a European roulette wheel.

What are the best roulette bets?

The most favourable bets in roulette are outside bets, such as wagering on even or odd numbers, red or black, or numbers 1-18 or 19-36. Each of these bets carries a 1:1 payout ratio.

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