Roulette Odds and Payout Probabilities

Roulette Odds and Payout Probabilitiesonline roulette is a game of chance. No matter how long you spend practising at the roulette table, there is no skill set that you can develop to help you improve. As such, understanding roulette odds and the payout rates of each bet is crucial. This can help you understand your probability of winning the casino game.

In this guide to roulette payout odds, we walk you through everything you need to know. You’ll learn what roulette odds are and how to calculate them. You’ll also discover how the odds change with different roulette bets and game variations.

What are Roulette Odds?

Before we get into the specific odds for different roulette bet types, let’s nail the basics. What are roulette odds? Well, roulette odds refer to the mathematical probability for your bet to win.

We all know that the roulette wheel has pockets numbers 1 to 36. There is then one or two zero pockets depending on the roulette game you’re playing. European roulette used a single zero wheel (total 37 pockets), whereas American roulette has a double zero (total 38 pockets).

When placing single numbers bets in European roulette, there is a 1 in 37 chance you will guess correctly. This is because there are 37 pockets on the roulette wheel. When converted to percentage odds, this works out at 2.7%. On the other hand, American roulette odds are slightly decreased to a 1 in 38 probability. This equates to odds of 2.6%. These are the true odds for roulette games.

Yet the payout odds are different to these. When playing online roulette, the casino always takes a percentage as the house edge. This lowers the odds of a single number bet to 1 in 35. This is the figure we are interested in when talking about roulette odds. It is this figure that determines the roulette payouts for winning bets.

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The above example shows the roulette payouts for single number bets. But there are many different wagers you can place in online roulette. Each of these will have different odds as you’re not betting on a single number. Instead, you’re betting on groups of numbers so the odds are increased.

Below we look at the different roulette bets available and how this will affect your payout.

Outside Bets in Online Roulette

Outside bets are based on categories of numbers rather than specific ones. They are “outside” the 36 numbers on the wheel. Outside bets are often considered the best roulette bets if you are looking to improve your odds. Examples of outside bets include:

  • Red or Black: A bet on either any red or any black number.
  • Odd or Even: A bet on either the ball landing on an odd or even number.
  • High or Low: A bet on either high numbers (1-18) or low numbers (19-36).
  • Column Bet: A bet on any of the three columns of numbers on the roulette table.
  • Dozens: A bet on either 1-12, 13-24, or 25-35.

The first three examples are all even money bets. This means that there is an equal chance that you’ll have a winning bet. These bets therefore all have a payout of 1:1. On the other hand, column bets and dozens have a 1 in 3 chance of the ball landing where you think. Your odds of winning are less than with even money bets but higher than with inside bets.

Inside Bets in Online Roulette

Inside bets are wagers on the ball landing on specific numbers on the roulette wheel. They have higher odds than outside bets. But this does correlate to bigger payouts. Examples of inside bets you can place on the roulette table include:

  • Straight-Up Bet: A bet on a single number on the roulette wheel.
  • Split Bet: A bet on two numbers by placing your chip on the line that divides them.
  • Street Bet: A bet on three numbers in a row.
  • Double Street Bet: A bet on two rows of three numbers that are next to each other.
  • Corner Bet: A bet on four numbers by placing your chip where the corners meet.
  • Basket Bet: A bet available in American roulette on zero, double zero, 1, 2, and 3.

As inside bets are on more specific outcomes, the odds of them happening are reduced.

Called Bets in Roulette

If you’re playing either the European or French roulette variants, you can also place called bets. These are based on the position of the numbers on the roulette wheel rather than the position of the numbers on the roulette table. Here are some examples of called bets:

  • Neighbours of Zero: A bet on all 17 pockets next to the zero on the European roulette wheel.
  • Zero Game: A bet on the seven numbers near the green zero.
  • The Orphans: A bet on all the numbers that have not been covered by other called bets.
  • The Neighbours: A bet on five numbers next to each other on the wheel. This is a variable called bet as you can choose which five numbers.
  • The Finals: A bet on what the final digit of the number will be, such as ends in a 3 (3, 13, 23, 33). These are also variable called bets.

Odds for American vs. European Roulette

American roulette and European roulette do have different odds for the same bets. This is because the double-zero wheel used in the American variant has an extra pocket. This alters the probabilities of different numbers hitting. American roulette odds are always less than their European counterpart.

Below is a roulette payout chart. This summarises the odds and bet payouts for different roulette bets for when playing on the European vs American wheel.

Roulette Payout Chart

BET TYPE PAYOUT RATE EUROPEAN ODDS AMERICAN ODDS
Straight-Up 35:1 2.70% 2.60%
Split 17:1 5.40% 5.30%
Street 11:1 8.10% 7.90%
Corner 8:1 10.80% 10.50%
Basket 6:1 N/A 13.16%
Double Street 5:1 16.20% 15.80%
Column 2:1 32.43% 31.60%
Dozen 2:1 32.43% 31.60%
Red or Black 1:1 48.60% 47.40%
High or Low 1:1 48.60% 47.40%
Odd or Even 1:1 48.60% 47.40%

Beat the Roulette Table by Improving Your Odds

When you play roulette online, there is always going to be a house edge. The house edge makes up the difference between the true odds and the payout odds. If playing at an American roulette table, the house edge is 5.26%. At European roulette, this drops to 2.3%. This house edge cannot be changed. Yet understanding roulette odds can help you to improve your chances of winning. Here are some suggestions to help you win.

Learn Roulette Odds

Understanding the odds of all the roulette bet types is crucial. You won’t want to put all of the money in your bankroll on a bet with extremely low odds. This could see you losing everything! Similarly, you can put more money on even bets with better odds as they are safer.

Place Outside Bets

You can place inside bets if you wish. Many online casino players love the thrill and risk of risking a lot. Yet if you’re in it to win it, outside bets are better. They have improved odds, so you statistically have an increased chance of winning.

This confuses some players that don’t understand roulette odds as outside bets have lower payout rates. For example, winning an even bet means you double your money. But winning a single bet on the number 5 means you times your stake by 35. However, the odds of the latter happening are low. While inside bets could result in rapid short-term gains, outside bets are better for long-term wins.

Play European Roulette

European roulette odds are better than your odds when playing with an American roulette wheel. This is because the American wheel has a double zero. If you want to beat roulette, there is a better chance to do so playing the European game.

At the same time, the house advantage is increased in American roulette. On the other hand, European roulette has the lowest house edge of all game variants. This is true for online casino roulette and games the best Las Vegas casinos.

Choose a Roulette Betting System

Finally, you’ll want to choose a roulette betting strategy. This won’t improve your odds of winning, but it will enable you to manage your money more effectively. They help you establish your minimum and maximum bets to win the most money.

There are many different strategies you can choose from. Some of these are safer, whereas others are more aggressive. Choosing one that is right for you is essential. When there is money on the line, only wager as you feel comfortable. You can read up more on roulette betting systems here.

Roulette Odds FAQs

How good are the odds in a roulette game?

Compared to other casino games, the odds for roulette are pretty good. European roulette has the best odds with a low house edge of 2.64%.

Which roulette bets have the best odds?

In American and European roulette, and even money bet will always have the best odds. Such bets include red or black, odd or even, and high or low.

What are the odds for hitting red or black in roulette?

The odds for hitting red and black are 47.4% in American roulette and 48.6% in European roulette. In both casino games, payout rates are 1:1.

Do roulette betting strategies improve your roulette odds?

Rouletting betting systems do not improve the odds of the game. Roulette is a game of chance, and the mathematical probability of the casino game won’t change. Yet betting systems can help improve your chances of winning.

What is the highest payout rate in roulette?

The highest payout rate in roulette is 35:1. This is for a straight-up bet on a single number.

What are the odds on zero (0) in roulette?

The odds for zero depend on whether you’re playing on a double or single zero wheel. In European roulette, payout offs are 35:1. But this drops to 17:1 in American roulette thanks to the double zero.