Meaning behind roulette payouts
If you open a payout table for roulette, you’ll see that payouts for each type of bet are indicated like this: 1 to 1, 8 to 1, 17 to 1, 35 to 1, and so on. What on Earth does this mean? Don’t worry, it’s no rocket science! The first number in the payout value indicates how many dollars you may get for every dollar that you’ve wagered. Suppose, you wagered 1 dollar on a Split bet, and your bet won. According to the roulette payout table, you’re entitled to a 17 to 1 payout. You’ll get your 1 dollar back, plus 17 dollars as a reward. If you wagered 2 dollars, you’d get 36 dollars, with your net profit totaling 34 dollars.
Roulette payouts depend directly on a player’s winning odds. The higher the odds of scooping a win, the smaller the eventual reward. So if you’re dreaming of grabbing a big chunk of money in one go, you’ll have to place a risky bet with winning chances that are scaringly low.
How Outside bets pay
As you probably already know, roulette bets are split into two big categories, Outside bets and Inside bets. First let’s see roulette payouts for Outside bets because these wagers are very popular among novice roulette fans. Why? Because they pay pretty often! However, the flip side of the coin is that Outside bets generate cash rewards that are rather modest. If you take a look at the roulette table layout, Outside bets can be found around the perimeter of the betting field.
- Red/Black. If you guess the color of the winning number right, this wager will pay 1 to 1. In roulette terms, the 1:1 roulette payout is also referred to as “even money”. You earn 1 dollar on each dollar that you’ve spent.
- Odd/Even. If you guess correctly if the winning number is even or odd, you’ll get paid even money as well.
- High/Low. To get a payout on this wager, you need to guess correctly if the ball lands on a number between 1 and 18 (Low), or on a number between 19 and 36 (High). This wager also pays even money.
- Columns. This wager pays 2 to 1. All numbers on the roulette table are split into three columns, 12 numbers each. To scoop a win, you need to guess correctly which column will contain the winning number.
- Dozrms. Here is another wager that generates a 2 to 1 roulette payout. All numbers are split into three dozens (1-12, 13-24, 25-36). You need to guess which dozen the winning number will fall into.
How Inside bets pay
Now let’s pass to Inside bets. These betting options are located in the very center of the table layout. Inside bets are less player-friendly than Outside bets. It’s harder to land a win on an Inside bet. But if you do win, your reward will be a generous one! We’ll start with less profitable Inside bets and will be moving towards those with more massive payouts.
- Six Line bet. This wager pays 5 to 1. You’re betting on 6 numbers (two adjacent lines, three numbers each).
- Five Number bet (Basket bet). You’re predicting that the roulette ball will land on 0, 00, 1, 2 or 3. If your intuition is on point, you’ll get paid 6 to 1.
- Corner bet. When making the Corner bet, you’re betting on four adjacent numbers. If you’re lucky, your cash reward will be 8 to 1.
- Street bet. When making a Street bet, you’re betting on three numbers, e.g. 4, 5 and 6. This wager comes with a remarkable 11 to 1 roulette payout.
- Split bet. Now we’re looking at a high-risk bet. The player bets on any two adjacent numbers, e.g. 20 and 21. If luck is on your side, you’ll get paid 17 to 1.
- Straight-up bet. Finally, we’ve made our way to the Straight-up bet, a truly iconic wager that stands for adrenaline rush and extreme excitement. Even if you’ve never played online roulette in your entire life, chances are that you know this type of bet from movies or books. The player wagers on a single number (e.g., 30). If the wager wins, the player gets a staggering reward of 35 to 1.
Roulette payouts calculator
Okay, now the question is: how do I know how much money I might win on a specific bet? Sitting with a physical calculator in front of a roulette payout table doesn’t sound like fun! This is where a roulette calculator triumphantly enters the scene. A roulette payout calculator is a piece of software that helps gamblers determine how much money they might potentially win.
To use a roulette payouts calculator, you need to do the following:
- Select the type of roulette that you’re playing (European or American).
- Enter your bet amount.
- Select your type of bet (Red, Black, Odd, Even, Street, Six Line, etc.).
- Click the “Calculate” button.
The software will calculate your potential win in a split second! You won’t even have to move a finger. Gamblers can find a free roulette calculator on any gambling-related website. Go ahead and try it!
FAQ on roulette payouts
Are roulette payouts fair?
Sadly, no. The casino (whether it’s land-based or online) always has an edge over the player. This is true for all games, and roulette is no exception. The thing is that casinos reduce true winning odds. For example, your chances of scoring a win on a Split bet stand at 18 to 1. However, as we’ve seen above, this bet only pays 17 to 1. The difference goes into the casino pocket and is known as a “house edge.”
Can I use the optimal strategy to maximize roulette payouts?
There’s nothing you can do to beat the house edge and stack the odds in your favor. When it comes to roulette, strategies and other betting methods can’t help you turn the tables. The casino will always have an upper hand. If you’re not quite convinced and still want to test a roulette strategy, we recommend that you do so in demo mode, without risking your real money. This way, you’ll make sure that even the “smartest” strategies are powerless against the casino advantage in roulette.
Do Inside and Outside bets have the same house edge?
Yes. You’re always going to deal with the same house edge, regardless of the type of bet that you’ve chosen. If you’re looking for the lowest casino advantage, opt for the French roulette with its comfortable 1.35% house edge. The European roulette comes with a 2.7% house edge.
What payout does 0 have?
You can place two types of wagers on 0. If you place the Straight-up bet, you can count on the largest roulette payout which is 35 to 1. If you place the Split bet (numbers 0 and 1), your potential profit will be 17 to 1.
Which bet has the worst roulette payout?
If there is a black sheep among roulette bets, it’s certainly the Five Number bet. Since a player is betting on 0, 00, 1, 2 and 3, this wager is only available in the American roulette. The trick is that this wager has a higher house edge than other types of bets. While all bets come with the standard 5.26% casino advantage, the Five Number bet demonstrates an astronomical 7.89% house edge. In other words, it’s simply not worth the risk.