Monday, June 24, 2024

Roulette bets and payouts

Bets and Payouts are what it’s all about in roulette!

bets and pay outs
Roulette bets and payouts 2

For most players, this principle represents the ultimate dilemma while playing roulette. Why is that? If you bet on red or black, you have almost a chance of one in two, to win. But, when you do, you only get your money doubled. At the other end is the bet on one single number. If you get that number right, you win your bet thirty-five times back, but the chance you hit the single number bet is much lower.

The key for each roulette player is to optimize their chances to get the highest reward.

Most players use a philosophy or a system to play roulette. It does not matter if this is online or in a real casino. You can read about all popular roulette tactics, systems, or strategies on our website.

Roulette bets and payouts

Check the following table in order to understand what the different bets mean, and can lead to in regard to payouts. Keep in mind that the odds of winning are for European Roulette (with only 1 zero). The bets and payouts can also be used to your advantage when using a certain roulette strategy.

In the table below, you can find the roulette payouts for each single bet. It is also possible to combine these bets at a single spin. With online roulette, the Pay-outs will be automated and in a land-based casino, the dealer will support you in ensuring you get your winnings.

Bets and Payouts overview table (European roulette)

This table represents an overview of all the bets and payouts of roulette.

[wptb id=5116]

Bets and Payouts – Odds for Outside Bets

Safe players prefer outside bets because they generally have a better chance of winning. On a roulette table, outside bets refer to the bets that sit outside the central number bets on a roulette table-the so-called Inside Bets.

The ‘even money’ bets are the most popular because they cover half of the possible outcomes – except for the number zero (and the double 0 in American roulette). All the even bets in roulette are: red or black, even or odd, 1-18 or 19-36.

All these bets have a chance of winning close to 50%. To be precise, ‘even money’ bets have a 48.65% chance of winning in European Roulette, and 47.37% in American roulette. Because of the high probability of those bets, the payout is 1:1.

Other outside bets are Column and A Dozen bets, these cover 12 numbers on the table. This is approximately a third of all possible outcomes, actually less because of the zero and double zero slots. You can bet on the first, second, or third dozens of numbers (1-12, 13-24, 25-36), or on the first, second, or third column. The winning odds for those bets are 32.43% in European Roulette, and 31.58% in the American version. As a result, this bet can bring you more winnings, as the payout for a Column and A Dozen is 2:1.

Odds & Payouts for Inside Bets

Inside bets include betting on a single number, or on a small group of them. There are various ways to group numbers. They are all related to the number’s position on the table. Inside bets have lower odds than outside ones, and their payouts are better.

Called Bets and Payouts

  • Straight is betting on one single number and is also called a single-number bet. Naturally, this bet has the lowest winning probability, and the highest payout – 35:1. The chance of the ball falling in the specific pocket you bet on is 2.70% in European and 2.63% in American roulette.
  • Split means betting on two numbers out of the 37.  The numbers you choose must be neighbours on the table. The payout for this bet is 17:1, and the odds of it winning are 5.41% for European, and 5.26% for American roulette.
  • The street is a three-number bet, where the players bet on a row of numbers – for example, 4, 5, and 6, or 19, 20, and 21. The probability of this bet winning is 8.11% in European, and 7.89% in American roulette. The payout for winning a street bet is 11:1.
  • Corner means betting on four numbers that form a square on the table, like 1, 2, 4, and 5, for example. This bet pays 8:1 and the chances of it happening are 10.81% on European Roulette, and 10.53% on its American counterpart.
  • Double Street, You bet on two rows of numbers, a total of 6 numbers. The payout is 5:1, and the odds are 16.22% and 15.79% for European and American Roulette, respectively.
  • Basket is available only in American roulette, and allows players to bet on the zero, double zero, 1, 2, and 3. The probability of this bet winning is 13.16%, and the payout – is 6:1.

Called bets are different from the ones we explained earlier. Called bets are exclusive to European/French Roulette. The numbers are combined according to the positions on the roulette wheel and not the table. 

There are two types – fixed and variable called bets. Let’s take a look at the fixed ones first.

  • Neighbours of Zero is a bet that covers 17 numbers on the wheel, all of which are close to the green zero. You will need to place a minimum of 9 chips to cover all those numbers, the odds of this bet winning are 45.9%. The payout is not fixed and can go as high as 24:1, depending on the winning number. This bet is known as ‘the grand series’.
  • Thirds of the Wheel are the 12 numbers situated directly across from the Neighbours of Zero. The probability here is 32.4%, and the payout is set at 17:1. This bet is similar to the dozen/column bets in terms of odds and payout.
  • Zero Game is a smaller version of the Neighbours of Zero, covering only 7 numbers close to the green zero slots. The odds of this bet are 18.9%, and the payout can reach up to 26:1.
  • The Orphans bet covers the numbers not mentioned in the called bets so far. The chance of this bet winning is 21.6%, and the payout can be either 35:1 or 17:1.

The previously mentioned bets are called fixed call bets. The variable type includes ‘the neighbours’, where a player places their bets on 5 neighbouring numbers – the odds for this winning are 13.5%.

Another variable bet is known as ‘the finals’, where a player bets on the last digit. Depending on the numbers chosen, the probability can vary between 8.1% and 10.8%.

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