Tag Archives: roulette payouts

Computing the Roulette Payouts

Calculating the roulette payouts for the different kinds of bets can be confusing at first. It can be especially confusing if math is not really your forte. You can always consult a payouts chart. However, if you want to become a pro, you need to have extensive knowledge of this aspect of roulette. Memorizing the payouts chart is ideal, but unreliable. Not a lot of people trust their memory since it can be faulty at times when you need it.

Another thing that would make computing payouts difficult is the odds of winning. Payouts, odds, and bets are almost equivalent in importance when it comes to learning about roulette. You do not have to struggle with the concepts. Computing how much you will win after betting is easy to learn as long as you carry out the necessary steps.

Understand the Roulette Table Layout

Getting a grasp of the table layout can make calculating the payout easier. Do not let the number grid and the labels around it intimidate you. Focus on the numbers inside. You will see rows and columns that contain numbers 1 to 36. From there, you can tell that betting on one of those values will earn you a 35:1 payout. When you look at the very bottom of the column comprised of 12 numbers, you will reap a 2:1 payout.

Learn the Types of Roulette Bets

There are 10 basic types of bets further divided into two categories, which are outside and inside bets. Outside bets are even money payouts save for the dozen and column bets, which have 2:1 payouts. Payouts of the inside bets vary, but they have a higher payout since the probabilities of a win are also lower.

Consider The Types of Roulette

Computing the roulette payouts starts with the type of roulette you are about to play. There are only minor differences between European and American roulette. The latter has an added double zero value, making a five number bet possible. With European roulette, you can choose from a split, street, or square bet if you want to bet on the zero and other numbers surrounding it.

Perform Simple Math

If you make a straight number bet, the payout is 35:1 because there are 35 other numbers and your bet won against those other odds. The ratio means that you win 35 times the unit you bet. If you place a dollar on a straight up bet, you will win 35 dollars. An outside bet with an even money payout yields 1:1, which means if you bet a dollar on red, black, odd, even, high, or low, you will win another dollar.

Play Roulette Often

You can become a pro at calculating roulette payouts by playing the game often. It does not have to be with real money every time. Learning to calculate the payouts accurately is a useful skill in roulette. You can spread out your bets and determine which of the inside bets will help you win. If you master the simple math involved, it can eventually help you come up with a good strategy.

 

Top 5 Bets with the Best Roulette Payouts

Roulette is viewed by many gamblers of all social strata as a means to make quick profit. This is sadly true and the goal of profit is more prevalent in the mindset of roulette players than simply aiming to enjoy the game for what it is. Truly, the potential amounts of cash one can get in roulette is the casino game’s primary attraction, along with its alluring simplicity and straightforward mechanics.

No one can blame these roulette players for wanting to make profit at roulette. After all, most casinos present their roulette game as a gambling sport that’s easy to win, with advertisements suggesting that the player can rake in profits in his or her game. Unfortunately, roulette is a fully random game that cannot be won by skill and wit but with pure, unadulterated luck.

How Payouts in Roulette Are Calculated

While the game comes off as a simple gambling activity, the payout system can be quite complicated, and this is the reason why the process is entrusted to the house as represented by the dealer. Roulette payouts are based on the amount wagered on the table and its probability of winning. The rule is that basically, the payout decreases as the chance that the bet wins goes up, thereby making high risk bets very rewarding and the winnable ones pay what can be a rather disappointing amount. Also, all numbers in the table are counted while the zeros are left out in order to secure the house edge.


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5 Best Paying Bets

Inner bets are wagers that can give the player the best roulette payouts. These bets refer to all the numbers in the table, and are called as such as they are in the “inner” portion of the roulette board as per the players’ perspective. These are the following, in order of decreasing payout:

1. Straight
Straight is a single bet on a number. It pays out the highest at 35 to 1, which basically means 35 times the amount wagered.

2. Split
This refers to a bet placed in the line between the two numbers it covers. It pays out at 17 to 1, the second highest in roulette.

3. Street
This bet covers an entire row of three numbers, and is placed at the edge corresponding to the numbers under its coverage. Street pays at 11 to 1.

4. Basket
This also covers three numbers, but can only be made in the first line and the zeros. The bet is placed on a point that effectively covers at least one zero and at least one number from the first row. This pays the same as the street bet.

5. Corner
Corner bets cover a block of four numbers, and are placed at the intersection between the selected betting spaces, paying out at 8 to 1.

These are the five best bets in the casino game roulette. As mentioned earlier however, high possible winnings and the actual probability of winning don’t go hand in hand, and thus, these bets carry a very high risk of losing. This makes these bets a lot more rewarding though, especially if you managed to make a hit early on.

Taking a Closer Look at Roulette Rules

Perhaps no other game of chance has gained as much respect and following as the ever popular casino game roulette. Roulette has garnered all these throughout the more than two centuries of its existence, barely changing from generation to generation. This fame extends beyond the walls of the casino – even if you’re a non-gambler, we’re pretty sure you’ve heard of this game at least once, given its oft-repeated portrayal in popular culture, usually as the very symbol of casinos themselves.

The Roulette Wheel and Table

Roulette’s popularity depends mainly on two factors: its straightforward game set up and the relatively simple roulette rules that accompany it. A typical roulette set has a table and a wheel, the arrangement of which depends on the version being played. Now the wheel has a number of red and black pockets – 37 in European roulette (0 and 1-36) and 38 in its American counterpart (0, 00 and 1-36) – the number or color of which the player bets on. The dealer spins this wheel on one direction and throws the ball on another, traveling on a track near the rim.

Meanwhile, the table has a layout where the bets are placed. In this layout, numbers 1-36, each with its respective color, are grouped in three columns. These are surrounded by the outside bet slots – typically red, black, odd, even, 1-18, 19-36, three column bets and three dozen bets – and 0 for European roulette or 0 and 00 for the American version of the game.

The Rules of the Casino Game

Eight players more or less are allowed to participate in a single roulette table. These players each predict which number or color the ball will land on after the next spin. They then place their chips – colored differently for each player – on their guesses. While doing so, the dealer starts to spin the wheel and, upon dropping the ball, announces, “No more bets.” The winning stakes is determined by that one pocket in the wheel on which the ball falls into. The winner’s chips are then exchanged with special chips – wherein a corresponding monetary value is imprinted – to be exchanged with real cash.

Types of Roulette Bets

Now there are two types of bets: inside and outside bets. These two types are subdivided into more specific categories. For inside bets, there are the straight (single number), split (two numbers), street (three numbers), square (four numbers) and the literally named five-number bets. Outside bets meanwhile are as follows: red or black, odd or even, low bets (1-18), high bets (19-36), column bets and dozen bets. We’ll talk about these wagers in another article.

Basics of Roulette Payouts

The payouts are determined by the winning player’s bet. The lesser the chances the bet has of winning, the higher the payout. For example, bets with fifty-fifty winning chances (a. k. a. even-money outside bets, e. g. red or black) pays one to one, thus earning the same amount as the original wager, while a single non-zero number can usually net 35 to one. The house then takes one or two chips from the player’s win, a deduction called the house advantage, from which the casino profits.

Other Rules in Roulette Games

Some casinos feature the roulette rules En Prison and La Partage besides the basic game play. The En Prison rule applies to even-money outside bets. Whenever the spin results in zero, the player is allowed to take one-half of his/her bet or leave it where it is for the next spin which should not once again result in zero or the whole bet is lost. The La Partage rule also applies to the same type of bets, but this time, the player loses only half the bet when the spin hits zero, and is not allowed to leave the remaining chips for the next spin. These rules significantly cut the house advantage on even-money outside bets and are thus not common to all casinos.

As can be read from the content of this article, roulette rules are not really that hard to follow. It should also be noted that these rules are the same for all roulette versions, with minor variation between the American and European versions. Granted, one can say that even an illiterate vagrant who cannot count can play the game as it should be played, provided that the basics are explained clearly and he can differentiate between numbers of course.