Roulette Odds And Payouts

No matter whether you’ve just begun your online gaming journey or have sat at a few live tables before, you’ve probably come across a whole bunch of roulette games.

Roulette is a casino game that has been around for what seems like forever, as it headlined many top casinos for centuries, and frankly, we’re not surprised. While this timeless game was created by accident, it sparked a fire that has only grown since its inclusion in online casinos.

If you’ve never spun the roulette wheel before and are wondering how bets, payouts and odds work, then you’ve come to the right place! With this article, we’ll tell you what’s what and give you the full scoop.

WHAT ARE PAYOUT ODDS IN ROULETTE?

First thing’s first — what exactly ARE payout odds? Well, roulette odds describe your chances of winning a bet. Every bet has its own odds of winning, and some bets are harder to hit than others. Though, this also means that the ‘harder to hit’ wagers also offer better payouts, and the stakes that are easier to hit offer lower payouts.

HOW KNOWING PAYOUT ODDS WILL HELP YOU IN ROULETTE

Payout odds can directly influence your playing strategy and which bets you choose to place. Understanding the odds of hitting one bet over another may have you considering your choices in numbers.

For example, the odds of a bet on Red/Black on European roulette are 48.65% and 47.37% on American roulette. The odds of a column bet are 32.40% on European roulette and 31.60% on American roulette. As you can see, the Red/Black bet offers better odds than the column wager, but the payout offered by the Red/Black is 1:1 versus the 2:1 payout of the column wager.

You may be more inclined to bet on Red/Black since they have a higher chance of hitting, but the column bet offers a better payout. These factors all tie into your playing strategy and how you approach the game.

ROULETTE PAYOUTS ODDS CHART FOR DIFFERENT ROULETTE BET TYPES

So now that you have an idea of the significance of roulette odds and how they can tie into how you play roulette, the next step is to take a look at the betting odds of every roulette bet. This wouldn’t be a complete guide without going through your betting options, after all!

EUROPEAN ROULETTE ODDS

First, let’s begin with the roulette odds of European roulette:

AMERICAN ROULETTE ODDS

Now, let’s take a look at the roulette odds on American roulette games:

As we’re sure you’ve noticed, American roulette odds are slightly different from European roulette odds. This is because of the additional double zero found on the American roulette wheel. One might ask how the French roulette table fits into the picture. Well, the French and European roulette games have exactly the same amount of numbers on the roulette wheel — their differences lie in the rules and roulette table layout. So, the odds do not vary between these two roulette tables, but we’ll dive into this a little later.

ROULETTE BETS AND ODDS

Playing roulette isn’t just about betting on the bets that are most likely to hit or looking at a roulette payout chart to see the best of action. It is important that you understand what all of these numbers and ratios actually mean if you want to improve your chance of winning.

Any roulette player would know that a roulette game features a number of betting options, including inside and outside bets. On top of that, a typical roulette game will feature Neighbour bets, Special bets, Complete bets and Favourite bets as well. Let’s take a look at each of them in more detail.

ODDS AND PAYOUTS FOR INSIDE BETS

To put it simply, inside bets refer to the specific set of wagering options that can be placed inside the betting table. Inside bets have a lower chance of winning than outside bets, but they generally offer larger payouts — it all comes down to the spin of the roulette wheel. Check out this chart on inside bets when playing on European roulette wheels:

Here is what those odds would look like if you were playing online roulette at an American table:

ODDS AND PAYOUTS FOR OUTSIDE BETS

In contrast to inside bets, outside bets are all those wagers placed outside of the table. These wagers are often referred to as even-money bets as the majority of them pay 1:1. Outside bets generally offer the best odds as they have a higher probability of winning than inside bets do. That said, outside bets do not offer the best payout rate.

Here is what the roulette odds on outside bets would look like when spinning a European roulette wheel:

By contrast, here is what the roulette payouts and odds would look like when spinning an American wheel:

ODDS AND PAYOUTS FOR CALLED BETS/ANNOUNCED BETS

Aside from the above bets, called bets (also known as announced bets) are also pretty common wagers placed by roulette players. They can be placed on a single-zero wheel and so are found on French and European roulette tables, which is why such bets have French names.

Called bets can be split into two categories, including fixed called bets that cover the same section on the wheel and variable called bets that cover different sections on the wheel. Here’s a breakdown:

HOUSE EDGE ON ROULETTE TABLES

While the odds in roulette have a major part to play in roulette strategies, the house edge does too. The house advantage is what prevents some tables from offering the same odds and is actually one of the key factors that roulette players take into consideration when deciding which online casino roulette game to play. But, what is the house edge exactly?

Well, the house edge describes the mathematical advantage the house has over the player as they place bets and spin the wheel. And, of course, the greater the house edge, the more of an advantage the house has. It is also the one thing that ensures no strategy will ever guarantee a win.

Different variations of roulette have different house edges. European roulette offers a standard house edge of 2.70%. However, American roulette has a house edge that is almost double that of European roulette at 5.26% due to American roulette’s double zero wheel.

French roulette, on the other hand, still has only one zero pocket like the European roulette wheel, but it offers a house edge of 1.35% due to the addition of two rules that actually give players a bit of an advantage.

WHAT ARE THE BEST AND WORST ROULETTE BETS?

The excitement you’ll experience when playing roulette is something you won’t often experience when playing any other casino game. Even if you hit a losing streak, seeing where the ball lands is still super entertaining. That said, with odds involved, some players might ask which bets are the best to place — and this question doesn’t particularly have an answer.

Many betting systems will try capitalise off of outside bets since they are more likely to pay out, but these payouts are often pretty small since they are even-money bets. By contrast, inside bets generally offer the best roulette payouts relative to your bet amount, but they do not pay out as frequently as outside bets do.

In reality, the best roulette bets to place depend on your style of play.

HOW TO IMPROVE YOUT ODDS AT ROULETTE?

Although there is no way to influence roulette odds or the house edge, there are a few tips and tricks you can add to your roulette tool kit that may help boost your chance of winning:

COME TO THE GAME PREPARED

This is probably the most obvious tip we can give you. Before you properly sit at the table and begin playing, make sure you’re completely prepared to play. Familiarise yourself with the rules, gameplay and the odds of each bet winning before you do anything else, as they can vary greatly from one table to another. When playing at online casinos, you’ll be able to access all this information at any time in case you ever need a refresher, but having an idea of everything beforehand is recommended.

CHOOSE THE RIGHT TABLE FOR YOUR BANKROLL

As you go along your online gaming adventure, you’ll begin to notice that different tables offer different minimum and maximum bet values and different house edges. Online casinos cater to all sorts of players, and some like to bet more than others. Choosing a table that suits your bankroll will help prevent losing all your money at once since not all bets can be winning bets.

PRACTISE IN THE DEMO MODE

If you’re still starting out and haven’t quite found your way around the wheel, you can always take roulette for a spin in the demo mode of First-Person tables. You won’t be able to win any actual cash, but you can try different betting strategies and methods of play completely for free!

CHECK OUT OUR BLOG

Once you feel you’ve learned all you can from the demo, why not try outsourcing some tips by checking out our casino blog? Our EnergyCasino blog is packed with super helpful information that may help turn the tides in your gaming. And it is also constantly updated! We’ll teach you about the Martingale system, take a deep dive into online roulette odds, help you read a roulette payout chart, and so much more.

PLAY ONLINE AND LIVE ROULETTE AT ENERGYCASINO

With so many roulette variants popping up, it’s pretty safe to say that this classic table game has come a long way from Las Vegas casinos. Online gambling opened up a whole world of creative possibilities, so be prepared for unparalleled levels of entertainment.

The industry does not fall short on online roulette sites, but if you’re looking for one of the best places to play American and European roulette, EnergyCasino is just the answer. Our collection is dripping with online roulette games AND live roulette tables. But we’ve also got thousands of other casino games just waiting to be discovered!

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