Casino Roulette Odds Calculator
Roulette may seem to be one of the most straightforward and simplified casino games and staples out there, but you may well be surprised to learn that roulette odds December 2020 are amongst the most intricate and interesting available to casino fans today.
The odds in roulette are easy to calculate. The wheel is divided into either 37 or 38 slots, depending on whether you are playing the European version (single zero), or the American version which has an extra space in the double zero. The zero space (s) represent the house edge. If there were none, it would be an even money game. Roulette calculators are software that tell you where to bet, based on the data collected by trackers. Often they are considered much the same thing. The problem with trackers and bet calculators is your bets are no better than random. No matter how elaborate your calculations are, if they’re based on fallacy, your win rate is unchanged. The winning odds for those bets is 32.43% in European Roulette, and 31.58% in the American version. Consecutively, this bet will bring you more winnings – the payout for Column and Dozen is 2:1. Odds & Payouts for Inside Bets Inside bets include betting on a single number, or on a small group of them.
Ultimate Roulette Bet Calculator 1.0 can be downloaded from our website for free. Ultimate Roulette Bet Calculator relates to Games. The most popular versions of the Ultimate Roulette Bet Calculator 1.0 and 1. Ultimate Roulette Bet Calculator is developed for Windows XP/Vista/7/8/10 environment, 32-bit version. The bet is displayed as a chip with the size of the bet amount. After launching the Roulette Predictor, the system will indicate the starting bet. Make such a bet when gambling in a casino. Start the Roulette and when the result is shown, click on the number that appears on this page.
There are many online roulette games available to play on, which are fair and safe.
If you are interested in wagering serious, regular money on roulette games, it is highly recommended that you take a close look at the odds before you get started. While the game is very easy to get started with, it’s worth remembering that some markets will demand greater risk from your money.
There are short and long odds, long shots and definite outside chances involved – you won’t ever be guaranteed to get solid cash back out unless you are smart about what you are betting on!
Let’s take a closer look at some of the more popular odds on the table – quite literally. It’s a game which courts casual and professional players alike – meaning that it’s a diversifying experience for all comers.
Roulette Table Odds
The main roulette table odds available both online and in physical casinos revolve around the types of bet you place.
On the table, you will traditionally find numbers between 0 and 36 – meaning that you can find yourself betting on groups of these numbers, or even specific ones outright if you’re feeling particularly lucky!
The main types of bet you will find on the table are as follows:
- Red or Black
- Evens or Odds
- High or Low
- Dozens
- Columns
- Baskets or Top Lines
- Six-Lines
- Squares
- Street Bets
- Split Bets
- Straight Up Bets
These types will request that you place money or chips on a selection of numbers, meaning that odds will vary from choice to choice. In this guide, we will be taking a close look at what you can expect.
Roulette Wheel Odds
Roulette wheel odds will vary, as there’s truly never telling where the ball will land from spin to spin! With this in mind, you may wish to take an outside chance on some shorter markets, or you may wish to play it safe by splitting things right down the middle.
These can be found on new roulette sites along with older ones. Majority of sites are fair and easy to sign up to, but make sure they are part of the UK Gambling Commission before signing up.
For 50/50– or as close as possible, your best opportunity is to select a red or black number coming out of the spin. As the majority of the numbers on the board are split between the colours, you can assume that this is a fairly safe bet to make. That’s not always the case – it’s a straight coin flip!
Similarly, though without the threat of the green zero popping up to ruin your fun, you can place your chips on odd or even numbers, or on higher or lower – meaning, with the latter, that you predict whether or not the number the ball will finally land on will be more or less than 19.
Beyond these markets, the chances of you picking up cash in December 2020 do get a little bit tighter – which means they are likely better reserved for those who are a little more confident in their punting abilities.
Roulette Odds Payout
Roulette odds payout will vary from game to game and will depend entirely upon the types of bet you put forward. For the more straightforward, 50/50 we discussed above, you will expect odds of around 1/1, or 48.6% depending upon the green zero.
Payouts get a little trickier when you start looking at column and dozen bets. With these markets, you are betting on which of the three columns or three dozens on the table you think will include the drawing number.
That’s around 2/1, and a payout chance of 32.4%. Your odds are stacked a little more against you, but the amount of money you could stand to receive increases substantially.
For number combinations that follow square, split, straight and other roulette bet types, your chances of getting paid decrease even further, and the amount of money you could win increases. For example – with a straight bet – you could expect 35/1.
That means you have 2.7% chance of winning. This market relies upon you picking a number outright to win – which could be a huge risk!
Roulette Odds Red Black
Many people prefer the roulette odds red black games offer as they can be seen as the safest punts on the board. It’s still a coin flip, of course, but for many people, going 50/50 is more appealing than going 1/35.
There’s still a chance you’ll get the dreaded green zero in this type of bet, too, however – so you’re going to seriously need to weigh your options when it comes to taking to the table.
Red or black betting can be a nice little buffer if you are making shorter bets elsewhere on the table.
Roulette Odds Chart
Do take a look at a comprehensive roulette odds chart if you are unsure of what may be expected from you when you first punt at the table. Go all the way down to a straight-up where you pick a number outright, or all the way up to even/odd and red/black – it’s entirely your choice.
One of the best reasons to get involved with roulette betting December 2020 both online and offline is the fact that you can place several chips on several different markets at once in one play. Therefore, you could stand to double up on your winnings in a big way!
Other Roulette Sites to Play
Check out some more Roulette brands and offers below.
More Pages You May Like
If you are interested in playing roulette online, these pages might also be worth looking through:
- Roulette Strategy
- Best Roulette Games
- Live Roulette Sites
Roulette Odds Calculator
Another great way to understand what to expect from the table before you play is to make use of a fantastic roulette odds calculator.
This will help you to understand what your potential return could be from punt to punt, and could offer you serious confidence when it comes to making the call on those tighter bets.
You can find a table of results here.
There’s every reason you should diversify when it comes to making a play or two on the wheel – and you can do so online.
All Tips and Tricks Strategies
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The full list shows the various strategies for online gambling sites.
We hope you enjoyed our article on Roulette Odds December 2020 and hope you learned something to use in your next roulette game.
Page Contents
For the most part, calculating roulette payouts is just a matter of multiplication. Each bet pays out at certain odds, and that determines what you multiply the bet by to get the payout. Also, as with most table games, the payouts are done on an X to Y basis, as opposed to an X for Y basis.
This post wants to cover roulette payouts in some degree of detail, though, including how much each bet pays off.
More importantly, I want to explain how the croupier is able to calculate payouts for roulette so quickly. Guess what? They have a system for that.
Payout Odds in Gambling
When you’re gambling on something, you get paid off using odds. Some games offer even odds, which means that if you bet $100, you win $100 when you win.
Most games, though, have various payouts for various kinds of bets.
The top jackpot on a video poker machine pays off at 800 for 1.
And that’s an important distinction. There’s a big difference between a payoff of 800 for 1 and a payoff of 800 to 1.
With table games like roulette, the payoffs are in the form of 2 to 1, 3 to 1, 35 to 1, etc.
This means that if you win the bet, you get to keep the amount you bet, and you get the winnings along with it.
If you bet $100 on a single number at the roulette table and win, you get a payoff of $3,500. But you also get to keep your $100.
With gambling machines, payouts are made on a “for” basis instead of a “to” basis. This means your winnings are traded for what you risked.
If you bet $5 on a slot machine and win a $10 payout, you don’t get your $5 back on top of that.
This is an important distinction you should make. Most gamblers don’t stick just with roulette, so if you’re going to play other games — and you probably will — you should understand how that works.
Specific Payouts in the Game of Roulette
In roulette, you have a huge variety of bets you can place. You bet on a single number. Or you can bet on two numbers — if either of those numbers come up, you win. Or you can bet on three numbers, and if any of those three numbers come up, you win.
The more likely it is for you to win, the lower the payout is.
A bet on black wins almost half the time. The payoff for that bet is only 1 to 1, or even money.
A bet on a single number pays off at 35 to 1, which is a big payoff, but it also only wins 1 out of every 38 spins on average.
The Difference Between the Odds of Winning and the Payout Odds
The casino makes its money from the difference between the odds of winning and the payout odds.
You know how you can express the payout on a bet as odds?
35 to 1 is an example of how you’d express a payoff on the single number bet.
The odds of winning can also be expressed in the same way.
On a standard American roulette wheel, you have 37 ways to lose a single number bet and only one way to win.
This means the odds of winning are 37 to 1.
Since the odds of winning are lower than the payoff for the bet, the casino makes a profit in the long run.
Once out of every 38 spins, they’ll pay off a single number bet, but they’ll only pay off 35 to 1 on that bet. The rest of the money goes into the casino’s pocket.
The casino deals in long-term averages, especially when it comes to roulette.
Roulette Bets and Their Payoffs
Here’s a list of bets you can make at the roulette table and how much each of them pays off.
Casino Roulette Odds Calculator Online
The Outside Bets
These are the bets on the outside of the betting surface, and they’re the bets that pay off the most often. As a result, you win less with these bets.
Here are the outside bets you can make:
- Red(or Black) – You can bet on the color of the number, and the payout is even money — 1 to 1
- Even (or Odd) – You can bet that the number will be even or odd, and the payout is again even money — 1 to 1
- Low (or High) – You can bet that the number will be 1-18 (low) or 19-36 (high). The payout is even money on this one, too
- Columns – The numbers on the betting surface are organized into three columns. You can bet that the ball will land on one of the numbers in that column. The payoff, if you guess right, is 2 to 1
- Dozens – The numbers can be divided into 1st third (1-12), 2nd third (13-24), and 3rd third (25-36). If you guess right, you get a 2 to 1 payout
On all these outside bets, 0 and 00 count as losses. Those numbers are green, and they’re not considered even or odd, high or low.
The Inside Bets
These are the bets on the inside of the betting surface. They pay out better but have a bigger chance of losing.
Here are the inside bets you can make:
- Straight Up – This is a bet on a single number and pays off at 35 to 1
- Split – This is a bet on two numbers that are next to each other. It pays off at 17 to 1
- Street – This is a bet on three numbers, and it pays off at 11 to 1
- Corners – This is a bet on four numbers, and it pays off at 8 to 1
- The 5-Number Bet – You can only bet on 0, 00, 1, 2, and 3 if you want to bet on five numbers, and it pays off at 6 to 1. This is the only bet on the roulette table with a different house edge from the other bets — 7.89% (the other bets have a house edge of 5.26%)
- Line – This is a bet on six numbers and pays off at 5 to 1
All these bets would be a break-even proposition in the long run IF the wheel didn’t have a green 0 and a green 00.
Casino Roulette Odds Calculator Game
How the Croupier Makes the Payouts So Quickly
The first thing the croupier does after the decision is to clear all the losing bets off the roulette table. Since he’s intimately familiar with the layout of the betting surface, this doesn’t take long at all.
Also, all the players at the roulette table have chips that are specifically colored so that they have the same color. You can’t use the roulette chips at the other table. This enables the croupier to tell your bet from someone else’s. It’s the color of the chips.
To calculate the payouts, you just multiply the bet by the payout odds.
If someone bet two chips on a single number and it won, you’d multiply 2 by 35 and get 70. That’s how many chips you’d give the player in winnings.
He doesn’t really have a magical system, either. He knows the payouts for the various bets, and he’s able to do the multiplication in his head. It’s easy multiplication, but even if it weren’t, he’d eventually just be able to memorize the correct payout relative to the number of chips bet.
Also, he doesn’t really think of the chips as money. They’re just betting units.
Can Any of This Information Help Me Win at Roulette?
Naw.
Roulette’s a negative expectation game.
You might get lucky in the short run, but if you play long enough, the math behind the payouts will eventually reduce your bankroll to 0.
Conclusion
And that’s how to calculate roulette payouts. You just memorize which bets are possible and how much they pay off. Once you know that, calculating the payouts is just a matter of multiplication.
Croupiers are able to do it quickly because they do it all day every day.
I’m able to make change in my head because I worked for years on cash registers that didn’t calculate change. I know how to subtract from 100 without any effort at all.
Calculating roulette payouts is a similar skill.
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