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Roulette Odds and Probabilities

Roulette Odds and Probabilities image

Roulette is one of the most popular casino games. You can even find it almost in any casinos, especially online. And Yes, it is the easiest game in the casino that even new players can make a bet without further researching how it works. But of course, winning in these games is not pure luck, also requires sufficient knowledge. If you want to play roulette in casino or online, you must at least know the basic rules and the types so you’ll know where to place your bets.

 

But what is Roulette and how does it work?

If you haven’t been in casinos and have not played Roulette, it is the one that is being played using a roulette wheel with red, black and green colored slots, and has numbers ranging from 00, 0 and 1 to 36 depending on the variations of the Roulette you are playing. It is basically a game of chance. There are no techniques that can increase your odds of winning, aside from understanding the differences in odds between different roulette’s variations.

 

Roulette Variations

The Roulette has different variations, the European and American. Look closely at the difference between the two when it comes to rules and betting option.

 

European Roulette

The European roulette wheel has a number ranging from 0 to 36 with an odds of winning of 1 to 37. The number ‘0’ is colored green and the numbers ranging from 1 to 36 are alternately colored in red and black. The distinct difference of this game from the American Roulette is the presence of the “In Prison” rule.


American Roulette

The distinct difference of this roulette to the European Roulette is the presence of ‘00’ in the wheel and decreases the odds of winning from 1 to 37 into 1 to 39. The number ‘0’ and ‘00’ are colored green and the numbers ranging from 1 to 36 are alternately colored in red and black.

Basic Roulette Rule

The dealer will throw the ball into the spinning wheel and the payers will bet on the numbers they think will win. They can either bet on a group of numbers, multiple numbers or just a single number but the bet on the single number are less likely to win. However, it has a bigger reward.

 

Players can also use the roulette table with a layout to bet. The players can bet before they dealer spin the wheel, while the dealer is spinning the wheel and until the dealer announces that placing bets are closed.

 

The number where the ball land is the winning number. Winning bets ill be paid accordingly while losing bets are swept off the table.

 

Ways to Bet

In the roulette game, there are different types of bets. Each type of bet will allow the players to bet on the different range but different payout and each bet have different corresponding RTP. Note that your winning will depend on how many numbers you bet and how much are you betting on each.

 

The most interesting and crucial part of playing Roulette is calculating the odds of winning and finding out which of the bets gives the bigger RTP (Return to Player) which is also called a payout ratio. Knowing the odds of each Roulette versions aid in letting you know when you can expect to win.

 

Inside Bets

The inside bets are simply the bets that you can place directly on the numbers. The roulette table has the numbers 0 to 36 for European and American Roulette have 00 then 0. The inside bets have different types and each of the types has different RTP as well.

 

  • Straight - straight is betting in a single number and with the 36x payout. In American Roulette, it has 1/38 chance of winning and with 94.7% RTP while in the French Roulette, it also has 1/37 chance of winning and with 97.3% RTP.

  • Split - betting on 2 numbers that are next to each other is called Split and with 18x bet payout. It has 2/38 chance of winning with 94.74% RTP on the American Roulette and 2/37 chance of winning with 97.3% RTP on the French Roulette.

  • Street - Betting on 3 numbers in a horizontal line is called Street with 12x bet payout. It has 3/38 chance of winning with 94.74% RTP on the American Roulette and 3/37 chance of winning with 97.3% RTP on the French Roulette.

  • Six Line - Betting on 6 numbers in two adjoining horizontal rows is called Six Line and with 6x bet payout. It has 6/38 chance of winning with 94.74% RTP on the American Roulette and 6/37 chance of winning with 97.3% RTP on the French Roulette.

  • Corner - betting on 4 adjoining numbers in a block with one shared corner is called Corner with 9x bet payout. It has 4/38 chance of winning with 94.74% RTP on the American Roulette and 4/37 chance of winning with 97.3% RTP on the French Roulette.

  • Trio - betting on three specific numbers which are 0, 1, 2 or 0, 2, 3 and only available on single zero roulette with 12x bet payout. It has 3/37 chance of winning with 97.3% RTP on the French Roulette.

  • Basket - Betting on four specific numbers which are 0, 1, 2, 3 and only available on single zero roulette with 9x bet payout.  It has 4/37 chance of winning with 97.3% RTP on the French Roulette.

  • Top Line - Bet on five specific numbers which are 0, 00, 1, 2, 3 and only available on double-zero roulette with 7x bet payout. It has 5/38 chances of winning but a bit low RTP of 92.1% on the American Roulette

 

Outside Bets

Just like its name, outside bets are the bets placed on the outside area of the numbers on the roulette table. Your winning payout will depend on how much you are betting and on how many numbers or colors. Each type of outside bet has a corresponding RTP.

 

  • Red/Black - Betting on any red or black number in the roulette table with 2x bet payout. It has 18/38 chance of winning with 94.74% RTP on the American Roulette and 18/37 chance of winning with 97.3% RTP on the French Roulette.

  • Even/Odd - Betting on any odd or even number in the roulette table with 2x bet payout. It has 18/38 chance of winning with 94.74% RTP on the American Roulette and 18/37 chance of winning with 97.3% RTP on the French Roulette.

  • High/Low - Betting from 1 to 18 means low and 19 to 36 means high and with 2x bet payout. It has 18/38 chance of winning with 94.74% RTP on the American Roulette and 18/37 chance of winning with 97.3% RTP on the French Roulette.

  • Dozen - Betting from numbers 1 to 12, 13 to 24 or 25 to 26 is called dozen and has a 3x bet payout. It has 12/38 chance of winning with 94.74% RTP on the American Roulette and 12/37 chance of winning with 97.3% RTP on the French Roulette.

  • Column - It is a bet on any 3 vertical columns of the roulette table and with 3x bet payout. It has 12/38 chance of winning with 94.74% RTP on the American Roulette and 12/37 chance of winning with 97.3% RTP on the French Roulette.

  • Snake Bet - Only available in some casinos, Snake bet is betting on numbers 1, 5, 9, 12, 14, 16, 19, 23, 27, 30, 32, and 34. Can be placed by placing a chip on the lower corner of the number 34 that borders the 25-36 bet column with 3x bet payout. It has 12/38 chance of winning with 94.74% RTP on the American Roulette and 12/37 chance of winning with 97.3% RTP on the French Roulette.

 

Conclusion

Though considered as the classiest, and easiest casino game, playing roulette can be thrilling, too. Roulette can be played by both a beginner or advanced player as it has a quite good odds as well. You can play it well even if you don’t have deep knowledge about casinos but a researching can help you create some strategies as well.

 

Though we can say that it is more on luck, creating strategies and carefully deciding can help you win as well!

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