Latest Roulette Odds Guide for 2024
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Tired of watching your chips vanish at the top online roulette casino tables? It’s time to spin the odds in your favour. This comprehensive guide arms you with insider knowledge of the probabilities for every number, colour, and bet. Learn how to calculate payout ratios and make winning bets based on the true odds. Let’s crunch the numbers and uncover the ultimate roulette odds guide to tip the chances in your favour!
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What Are Odds in Roulette?
When starting with the game, you should find it natural to ask what roulette odds are and how roulette pays.
The roulette odds represent the probabilities that a certain player bet you placed will be successful. They directly depend on the configuration of the game wheel.
The game has either 37 or 38 spots, depending on whether you are playing European or American versions. The wheel will contain numbers from 1 to 36 and one or two zero spots, marked 0 and 00, respectively.
How does roulette pay?
As a rule of thumb, you divide 36 by the number of spots you bet covers, then subtract 1. For instance, the roulette table odds for a bet covering two spots will be (36/2) – 1 = 17, i.e., 17:1.
This calculation remains the same for game versions with more spots than 36, such as the American or Triple Zero variants.
Payout Charts for Winnings
| Bet | Payout | European Probability | American Probability |
|---|---|---|---|
| Straight Up (1) | 35:1 | 2.70% | 2.60% |
| Split (2) | 17:1 | 5.4% | 5.3% |
| Street (3) | 11:1 | 8.1% | 7.9% |
| Corner (4) | 8:1 | 10.8% | 10.5% |
| 5 Numbers | 6:1 | 13.5% | 13.2% |
| Double Street (6) | 5:1 | 16.2% | 15.8% |
| Column (12) | 2:1 | 32.4% | 31.6% |
| Dozens (12) | 2:1 | 32.4% | 31.6% |
| Odd / Even (18) | 1:1 | 48.60% | 47.4% |
| Red / Black (18) | 1:1 | 48.60% | 47.4% |
| Low / High (18) | 1:1 | 48.60% | 47.4% |
Different Bet Types Explained
Outside Bets
Outside bets have a lower risk factor, and they put the chances of success firmly in your favour. They allow for more frequent payouts even though you will receive smaller returns per successful round. Here are the outside bets you will encounter in roulette:
- Columns
- Dozens
- Odds / Evens
- Low / High
- Red / Black
The column and dozen bets have a 2:1 payout. Odds, evens, low, high, red, and black bets have a 1:1 payout.
Examples Of Outside Bets
- Red or Black: You place your chips on either the red or black sections of the betting table. Although there would be a 50/50 chance of success, the 0 (and 00 for American versions) gives the house a slight advantage. Hence the roulette odds of success for the most likely outside bets are 1.4% or 2.6% lower than 50%.
- Odd or Even: You are essentially betting whether your next winning number will be odd or even. The zero is neither odd nor even mathematically and in the casino game.
- High or Low: The low bet includes all numbers from 1 to 18, while the high wager takes in values from 19 to 36. Naturally, the zero spots are excluded, hence the emerging house edge.
- Columns: This stake involves placing your chip at the end of the column you want to bet on. Thus, you bet only on 12 numbers on the betting table.
- Dozens: Like with the columns, you are also betting on 12 numbers, but in a specific order. You can either bet on the first dozen (1-12), second dozen (13-24), or third dozen (25-36).
Outside Bets Probability Table
| Number of Spots | Payout | Probability (EU – US) | House Edge(EU – US) |
|---|---|---|---|
| 18 | 1:1 | 48.65% – 47.37% | Colour/Parity/High-Low |
| 12 | 2:1 | 32.4% – 31.6% | Columns/ Dozens |
Inside Bets
Inside bets involve placing your chips on the numbered section of the roulette betting table. These wagers have higher payouts and lower come-up chances. These are the most common inside bets:
- Straight up
- Corner
- Split
- Basket
- Double street bet
- Street bet
Examples of Inside Bets
- Split: You place your chip across a line separating two adjacent numbers to bet on both. Gamblers can place a split bet in combination with the straight up.
- Straight Up: You choose only one spot and wager your chips on it. This choice naturally has the lowest success chances and the highest payout.
- Street: The betting table contains 12 “streets”. This type of bet involves betting on a row of three spots.
- Double Street: You bet on a total of six numbers by placing your chip on two adjacent rows of three numbers. It is also known as a six-line bet.
- Corner: It is also called a quarter bet or square bet. You place your chips in the corner adjoined to four number spots.
- Basket: This wager option is only available in American games. You may find it under the “top line bet” name. It involves betting on five numbers: 00, 0, 1, 2, and 3.
Inside Bets Odds Table
| Name | Included Spots | Payout | Probability (EU – US) |
|---|---|---|---|
| Straight Up | 1 | 35:1 | 2.7% – 2.6% |
| Split | 2 | 17:1 | 5.4% – 5.3% |
| Street | 3 | 11:1 | 8.1% – 7.9% |
| Corner | 4 | 8:1 | 10.8% – 10.5% |
| Basket | 5 (0, 00, 1, 2, 3) | 6:1 | n/a – 13.2% |
| Double | 6 | 5:1 | 16.2% – 15.8% |
10 Ways to Win at Roulette by Improving Odds
The game is purely a game of chance, and the odds of success vary on your choice of game version and the online UK casinos you play at.
1. Choose the Right Wheel Version
Your choice of wheel version will have the most significant effect on the roulette odds of success. The option with the best roulette betting odds is the European variant. Its payouts are the same as the American option, while it provides better probabilities.
En Prison & La Partage
En Prison and La Partage rule specific to French games lower the house edge by 1.35%. Essentially, you do not lose your entire bet when the ball falls on the zero spot. Depending on the follow-up result, you can recover half of your wager.
2. Stick to Outside Bets
While the payouts are the smallest for these stakes, you are almost guaranteed a return in the long turn. While it can not assure a profit, outside betting will undoubtedly curb your losses.
3. Spreading Your (Inside) Bets
If you wish to place inside bets, a good way of boosting your roulette table odds is by placing multiple wager types. For instance, four well-chosen street wagers have the same success chances of a dozen or column bets.
Note that spread wagers do not exceed the outside bets in payouts. However, some combinations are valid alternatives.
4. Know Your Game
More than your version of choice, remember the roulette betting odds basics. All wagers in the games are reducible to the number of covered spots. Do not base your staking on risky and unsubstantiated decisions, such as a preference for specific bets.
5. Stop and Observe
Take your time analysing the game that commences in front of your eyes. While you expect to earn a payout, it would be worthwhile to take a break in some instances. Hot-headedness is ill-advised in any staking activity.
If you find yourself in a streak of losses, it may be high time to reassess.
6. Use the Right Strategy
Theory instructs practice makes perfect, but a good strategy will tie it all together. Now you have the advantage of knowing about the roulette betting odds. The next step is learning and applying a good roulette strategy. A structured approach will help with your overall odds.
7. Manage Your Bankroll
Monetary and time management are obligatory no matter your prior knowledge and experience with any gambling game.
Dose your spending and know when you need to leave the table. As such, you will keep yourself from flowing down the spiral of irresponsible gambling.
8. Best Suited Platform
Casino roulette is available via multiple gambling platforms. Opt for a live casino online in the UK if you want the real deal experience but are not located in the proximity of an on-land gambling enterprise. You get both the gambling milieu you wish for and the convenience of playing from your home.
Additionally, you may go for the expanding list of mobile casinos available to British customers. These smartphone-friendly platforms push availability and convenience to their technological extreme.
9. Comps
Make use of the comps provided by casino operators. These will help your overall experience while gambling despite not affecting the game at hand by any means.
10. Online Roulette Bonus Offers
Both desktop and mobile-based online sites provide new registrants with a casino welcome bonus. Such an offer will provide the promotional funds to try out available games. Table games may be worse for wagering completion, but the curated list will inform you regarding outliers.
What Can You Learn From This?
We have given you the theoretical basics for understanding roulette odds, betting options, and associated payouts. Additionally, the ten comprehensive tips for making the most out of your play will inform your follow-up steps. As soon as you find a worthwhile platform and a fact-based strategy, your roulette table odds will see an upswing.
While no approach or game version will ever guarantee a profit, following our tips and findings will curb any potential losses down to a minimum. But, as always, remember to gamble responsibly!