What Are Roulette Odds?

One of the most thrilling casino games played everywhere is roulette. Like other gambling games, roulette depends entirely on random outcomes, but players may considerably improve their odds of winning by utilizing some strategies. Among these, mastering various tactics, enhancing gaming abilities, and having a solid understanding of probability theory are essential. Roulette odds make it quite evident how likely it is to win when putting a wager. The French, American, and European versions of roulette are the three most popular varieties. In American roulette, for instance, the odds of striking a certain number when betting on a particular number are 37 to 1. This is true given 38 numbers.

What are the payout odds in roulette?

Roulette odds and payouts can be quite complex, so you should familiarize yourself with the different types of roulette bets before you play. You should be able to quickly recognize the names of the different bets and know where on the table you have placed your chips, which can be very useful.

  1. Straight Up (Single Number). Betting on a single number. The odds are 35 to 1. If you win, you get 35 times your original bet plus your original bet back.
  2. Split Bet (Two Numbers). Betting on two adjacent numbers. The odds are 17 to 1. If you win, you receive 17 times your original bet plus your original bet back.
  3. Street Bet (Three Numbers). Betting on a row of three numbers. The odds are 11 to 1. If you win, you receive 11 times your original bet plus your original bet back.
  4. Corner Bet (Four Numbers). Betting on four numbers that form a square on the layout. The odds are 8 to 1. If you win, you get 8 times your original bet plus your original bet back.
  5. Line Bet (Six Numbers). Betting on two adjacent rows of numbers (totaling six numbers). The odds are 5 to 1. If you win, you receive 5 times your original bet plus your original bet back.
  6. Dozen Bet/Column Bet. Betting on a group of 12 numbers. The odds are 2 to 1. If you win, you get 2 times your original bet plus your original bet back.
  7. Even-Money Bets. These include bets on red or black, odd or even numbers, or high (19-36) or low (1-18) numbers. The odds are 1 to 1. If you win, you receive an amount equal to your original bet.

Inside and outside bets: How do the odds differ?

Inside bets and outer bets are the two categories of roulette wagers. On the roulette table, outside bets have a higher chance of success but with a smaller payout, while inside bets do the opposite.

External rates

When it comes to outside bets, they tend to have the best chance of getting paid. What is known as outer bets encompass a sizable portion of the possible outcomes for a roulette game, and placing a wager in this area of the table layout increases your odds of winning. However, with increased odds, you get a smaller win, and bets such as odd or even only return a 1:1 payout. 

Other outside bets may have slightly better payouts, such as columns or dozens. Depending on the roulette variation you play, they cover the 12 numbers on the wheel out of 37/38. The chances of winning are 1:3, but this is a rather safe wager that covers around a third of the wheel. The payoff that results will offer you 2:1 and is just somewhat greater. One thing to remember when it comes to outside bets is that you cannot have the ball land on 0 or 00. This will mean an immediate loss no matter what bet you choose.

Internal rates

Inside bets also have varying odds and are a type of bet placed on specific numbers or groups of numbers located inside the betting table in roulette. Inside bets have a lower probability of success compared to outside bets, but this is well compensated by higher payouts, which can range from 5:1 to 35:1, depending on the type of bet you choose. This betting technique is probably more suitable for players who prefer to play roulette with long odds and likely have a huge bankroll.

How to improve your chances of winning at roulette?

There is no easy solution to how to win at roulette, and you can’t win every spin unless you’re lucky when it comes to choosing the bet you want to bet on. However, several methods will allow you to maximize your winnings:

  • Keep the table minimum. Strictly adhering to the lower bet limit and focusing on outside bets is one of the most useful tips that a casino newbie should keep in mind when playing roulette. For each new roulette spin, bet on red or black for a 1:1 payout, covering 18 of the 38 possible combinations.
  • Spread out your bets. Another thing you can do is make two equal bets on several outside sectors to keep the table active. One bet can be placed on a column or a paying dozen at odds of 2:1, and the other — on even money. This way, you can cover more numbers twice.
  • Choose your roulette version carefully. As mentioned, there are several types of roulette, including European, American, and French versions of the game. Each one is unique, and differences can make or break the odds. For example, the American version is the hardest to win because it has an extra pocket into which the ball can fall. On the other hand, the French version has special mechanisms that can help you stay in the game longer.

While knowing the odds might aid your decision-making, roulette is still a game of chance where luck ultimately determines the winner.