Roulette Odds and Payouts: Strategies to Maximize Your Winning Chances!
Which casino games do you think have the lowest house edge? Maybe roulette springs to mind. Bet on red or black and there’s a 50/50 chance you’ll win, right? Almost, but not quite.
There’s a little more to roulette. Below, we’re going to look at roulette odds and payouts, the different types of bets you can make, why one roulette table payout chart may be different from others, and what you need to know about roulette odds and payouts.
🔑 Key Takeaways
- Discover which roulette games are best and how different roulette wheel odds work.
- Find out the types of roulette bets you can make, and the best roulette payout.
- Learn how roulette payouts and odds work.
- Explore why payouts are different in American and European variants.
The Basics of Roulette Odds and Payouts: What You Need to Know
In roulette, you’re never quite playing with a 50/50 chance of winning, even when you place a simple bet such as red/black or odds/evens. There’s a house edge, meaning that the roulette wheel is set up for the odds to advantage in the house’s favor. Roulette wheels have 36 numbered spaces that are all red or black, along with one or two green zero spaces.
When the ball lands on zero, everyone who bets on anything else loses, and the house takes the money. With European roulette, there’s only one zero space, but with American roulette, there are two (a zero and a double zero). French roulette has a few different rules from European roulette, but still only has one zero space.
So, your chances of winning are generally better in European or French roulette.
Roulette Odds and Payouts: Inside vs Outside Bets
Roulette odds payouts also depend on the roulette bet types; whether you place inside bets or outside bets, so called because of where you actually place your chips when playing on a real-life roulette table.
Roulette Inside Bets: Odds and Payouts
Roulette table odds and payouts are a little complex, so use our roulette payouts chart to see what the odds are on each bet. Think of it as a roulette payouts calculator. Roulette inside bets are the ones where you would normally place your chips inside the grid, on the actual numbers you want to bet on.
| Roulette Inside Bet Type | Payout | American Roulette Odds | European Roulette Odds | French Roulette Odds |
| Straight | 35:1 | 2.63% | 2.70% | 2.70% |
| Split | 17:1 | 5.30% | 5.40% | 5.40% |
| Street | 11:1 | 7.90% | 8.10% | 8.10% |
| Corner | 8:1 | 10.50% | 10.80% | 10.80% |
| Six Line | 5:1 | 15.8% | 16.2% | 16.2% |
| Basket | 6:1 | 13.2% | N/A | N/A |
Roulette Outside Bets: Odds and Payouts
Outside bets in online roulette are where you place your chips around the outside of the table. Roulette table odds are higher on these bets, so payouts are lower. You have a better chance of winning, but you’ll win less money. The odds on roulette depend on the likelihood of each outcome.
| Roulette Inside Bet Type | Payout | American Roulette Odds | European Roulette Odds | French Roulette Odds |
| Red or Black | 1:1 | 47.37% | 48.65% | 48.65% |
| Odd or Even Bet | 1:1 | 47.37% | 48.65% | 48.65% |
| High or Low | 1:1 | 47.37% | 48.65% | 48.65% |
| Dozens | 1:2 | 31.40% | 32.40% | 32.40% |
| Columns | 1:2 | 31.40% | 32.40% | 32.40% |
Improving Your Odds at Roulette
While roulette is a game of chance, there are things that players can do to improve their odds in roulette games. Check out our expert online roulette tips to ensure that you understand the ins and outs of the game, and be aware that the best odds are always offered on the riskiest bets.
Consider using online roulette strategies such as Martingale or Fibonacci, and remember that the odds on roulette always depend on which version you’re playing.
Congratulations! You Are Now a Pro at Roulette Odds and Payouts!
Now that you understand roulette odds and payouts, you’re all set to make better and more informed decisions about the bets to make, and the amount to wager on each bet.
Are you ready to put your knowledge to the test? Check out our guide to the best online roulette casinos and sign up for one to see if you’ve got what it takes to win it!