Roulette is one of the most iconic casino games, combining chance with strategic betting options. Whether you are placing chips on a single number or betting on red versus black, understanding how roulette payouts work is fundamental to making informed decisions at the table. This comprehensive guide breaks down everything you need to know about roulette odds, payout calculations, bet types, and strategies to help you maximize your potential winnings while managing risk effectively.
Introduction to Roulette Payouts
A roulette payout refers to the amount you win relative to your original bet when your prediction is correct. Payouts are expressed as ratios, such as 35:1 or 2:1, indicating how many dollars you win for every dollar wagered. For example, a straight-up bet on a single number pays 35:1, meaning a successful bet of 10 dollars returns 350 dollars in winnings plus your original 10 dollar stake.
The odds in roulette represent your probability of winning a particular bet. These odds differ from payouts because the casino maintains a house edge by paying out at rates lower than the true mathematical probability. Understanding this distinction is crucial for realistic expectations about long-term results.
Roulette comes in two main variants: European roulette features 37 pockets numbered 0 to 36, while American roulette includes an additional 00 pocket for a total of 38. This extra pocket in American roulette increases the house edge and slightly reduces your winning probability on most bets.
How to Calculate Roulette Payouts
Calculating roulette payouts involves a straightforward mathematical formula. The payout odds for any bet can be determined by dividing 36 by the number of pockets your bet covers, then subtracting 1. This formula works because the standard roulette wheel has 36 numbered pockets excluding zero.
For example, if you place a street bet covering three numbers, divide 36 by 3 to get 12, then subtract 1 to arrive at 11. Therefore, a street bet pays 11:1. If you wager 20 dollars and win, you receive 220 dollars in winnings plus your original 20 dollar bet returned.
This calculation method applies to inside bets where you are betting on specific numbers or small groups. Outside bets, which cover larger sections of the wheel such as red or black, even or odd, follow simpler payout structures typically at 1:1 or 2:1 ratios.
Payout Formula Breakdown
The basic formula is: Payout Odds = (36 / Numbers Covered) - 1. This formula provides the payout ratio that casinos use for inside bets. For a single number bet covering just one pocket, the calculation is (36 / 1) - 1 = 35, resulting in a 35:1 payout.
For a corner bet covering four numbers, the calculation becomes (36 / 4) - 1 = 8, giving you an 8:1 payout. Understanding this formula allows you to quickly assess the potential return on any inside bet configuration.
European vs American Roulette Calculations
While the payout ratios remain the same across both variants, the actual probability of winning differs due to the extra pocket in American roulette. In European roulette, a single number bet has a 1 in 37 chance of winning, while in American roulette it is 1 in 38.
This difference means that although both versions pay 35:1 for a straight-up bet, your true odds are slightly better in European roulette. The house edge in European roulette is approximately 2.7 percent, compared to 5.26 percent in American roulette, making the European version more favorable for players.
Inside Bets and Their Payouts
Inside bets are wagers placed on specific numbers or small combinations of numbers on the inner section of the roulette table layout. These bets offer higher payouts but come with lower probabilities of winning compared to outside bets.
Straight-Up Bet
A straight-up bet is a wager on a single number, including 0 or 00 in American roulette. This bet offers the highest payout at 35:1. In European roulette, your probability of winning is 2.7 percent, while in American roulette it drops to 2.63 percent due to the additional pocket.
Despite the attractive payout, straight-up bets are high-risk propositions best suited for players comfortable with volatility and longer losing streaks between wins.
Split Bet
A split bet covers two adjacent numbers on the table layout by placing your chip on the line between them. This bet pays 17:1. Your winning probability is 5.41 percent in European roulette and 5.26 percent in American roulette.
Split bets offer a balance between the high payout of straight-up bets and slightly improved winning chances, making them popular among players seeking moderate risk.
Street Bet
A street bet covers three consecutive numbers in a horizontal row on the table. You place your chip on the outer edge of the row to make this bet, which pays 11:1. The probability of winning is 8.11 percent in European roulette and 7.89 percent in American roulette.
Corner Bet
A corner bet, also called a square bet, covers four numbers that meet at a corner on the table layout. Place your chip at the intersection where all four numbers touch. This bet pays 8:1, with a winning probability of 10.81 percent in European roulette and 10.53 percent in American roulette.
Six Line Bet
A six line bet covers two adjacent rows of three numbers each, totaling six numbers. Place your chip at the intersection of the two rows on the outer edge. This bet pays 5:1, offering a 16.22 percent chance of winning in European roulette and 15.79 percent in American roulette.
Top Line Bet
The top line bet is unique to American roulette and covers five numbers: 0, 00, 1, 2, and 3. This bet pays 6:1 but carries the worst house edge of any roulette bet at 7.89 percent. Most experienced players avoid this bet due to its unfavorable odds.
Outside Bets and Their Payouts
Outside bets are wagers placed on larger groups of numbers located on the outer sections of the roulette table. These bets offer lower payouts but significantly higher probabilities of winning, making them popular among conservative players and beginners.
Red or Black
Betting on red or black is one of the simplest roulette wagers. You win if the ball lands on any number of your chosen color. This bet pays 1:1, also known as even money. In European roulette, your winning probability is 48.65 percent, while in American roulette it is 47.37 percent.
The presence of the green zero pockets means this is not a true 50-50 proposition, as the zeros are neither red nor black, giving the house its edge.
Odd or Even
An odd or even bet pays 1:1 and covers all odd or all even numbers on the wheel. Like red or black, this bet offers a 48.65 percent chance of winning in European roulette and 47.37 percent in American roulette. The zero pockets are neither odd nor even, maintaining the house advantage.
High or Low
High or low bets divide the numbers into two groups: low numbers from 1 to 18 and high numbers from 19 to 36. This even-money bet pays 1:1 and offers the same winning probabilities as red or black and odd or even bets.
Dozen Bets
Dozen bets cover 12 consecutive numbers in one of three groups: first dozen (1-12), second dozen (13-24), or third dozen (25-36). These bets pay 2:1, offering a 32.43 percent chance of winning in European roulette and 31.58 percent in American roulette.
Column Bets
Column bets cover one of the three vertical columns of 12 numbers on the table layout. Like dozen bets, column bets pay 2:1 and offer the same winning probabilities. Each column contains a mix of red and black numbers, odd and even numbers, and high and low numbers.
Understanding House Edge and Expected Value
The house edge is the mathematical advantage the casino holds over players in the long run. It represents the average percentage of each bet that the casino expects to keep as profit over time. In European roulette, the house edge is 2.7 percent on most bets, while American roulette has a 5.26 percent house edge.
This edge exists because payouts are calculated based on 36 numbers, but the wheel contains 37 or 38 pockets including the zeros. For example, a straight-up bet pays 35:1, but the true odds in European roulette are 36:1. This one-unit difference on every winning bet creates the house advantage.
Expected value is a statistical concept that calculates the average amount you can expect to win or lose per bet over the long term. For most roulette bets, the expected value is negative, meaning you will lose money on average over time. Understanding this helps set realistic expectations and emphasizes the importance of viewing roulette as entertainment rather than a profit-generating activity.
Comprehensive Roulette Payout Table
The following table summarizes all standard roulette bets with their corresponding payouts and winning probabilities for both European and American variants.
| Bet Type | Numbers Covered | Payout Ratio | European Probability | American Probability |
|---|
| Straight-Up | 1 | 35:1 | 2.70% | 2.63% |
| Split | 2 | 17:1 | 5.41% | 5.26% |
| Street | 3 | 11:1 | 8.11% | 7.89% |
| Corner | 4 | 8:1 | 10.81% | 10.53% |
| Six Line | 6 | 5:1 | 16.22% | 15.79% |
| Column | 12 | 2:1 | 32.43% | 31.58% |
| Dozen | 12 | 2:1 | 32.43% | 31.58% |
| Red or Black | 18 | 1:1 | 48.65% | 47.37% |
| Odd or Even | 18 | 1:1 | 48.65% | 47.37% |
| High or Low | 18 | 1:1 | 48.65% | 47.37% |
Strategic Considerations for Roulette Betting
While roulette is fundamentally a game of chance with no strategy that can overcome the house edge, understanding payout structures allows you to make more informed betting decisions aligned with your risk tolerance and playing style.
Conservative players typically focus on outside bets with lower payouts but higher winning frequencies. This approach extends playing time and reduces volatility, though it does not change the underlying house edge. Aggressive players may prefer inside bets with higher payouts, accepting longer losing streaks for the possibility of substantial wins.
Bankroll management is crucial regardless of your betting approach. Set a budget before playing and divide it into smaller betting units. Avoid chasing losses by increasing bet sizes after losing streaks, as each spin is an independent event with the same odds regardless of previous outcomes.
Always choose European roulette over American roulette when available, as the lower house edge of 2.7 percent versus 5.26 percent significantly improves your long-term expected value. This single decision has more impact on your results than any betting pattern or system.
Common Roulette Betting Systems
Various betting systems have been developed over the years, claiming to improve winning chances or manage losses. While these systems can structure your betting and potentially extend playing time, none can overcome the mathematical house edge.
The Martingale system involves doubling your bet after each loss, aiming to recover all previous losses plus a small profit when you eventually win. This system requires a large bankroll and faces table maximum limits that can prevent recovery from extended losing streaks.
The D'Alembert system uses a more gradual progression, increasing bets by one unit after losses and decreasing by one unit after wins. This approach is less aggressive than Martingale but still cannot change the underlying odds.
The Fibonacci system follows the famous mathematical sequence, increasing bets according to the Fibonacci numbers after losses. Like other progression systems, it structures betting but does not alter the house edge or improve long-term expected value.
Conclusion
Understanding roulette payouts is essential for any player looking to make informed decisions at the table. While the game is based on chance and the house always maintains a mathematical edge, knowing the payout ratios, odds, and probabilities for different bet types allows you to choose wagers that match your risk tolerance and playing objectives.
European roulette offers better value than American roulette due to its lower house edge, making it the preferred choice when available. Inside bets provide higher payouts with lower winning probabilities, while outside bets offer more frequent wins with smaller returns. Neither approach changes the house edge, but understanding these differences helps you play more strategically.
Approach roulette as entertainment rather than a profit-generating activity. Set a budget, stick to it, and view any losses as the cost of the gaming experience. With realistic expectations and solid knowledge of payout structures, you can enjoy roulette while making the most informed betting decisions possible.
Frequently Asked Questions
What is the highest payout in roulette?
The highest payout in standard roulette is 35:1 for a straight-up bet on a single number. This means if you bet 10 dollars and win, you receive 350 dollars in winnings plus your original 10 dollar stake returned.
Why does American roulette have worse odds than European roulette?
American roulette includes an additional double zero pocket, giving the wheel 38 total pockets compared to 37 in European roulette. This extra pocket increases the house edge from 2.7 percent to 5.26 percent while payouts remain the same, reducing your probability of winning on every bet type.
Do roulette betting systems actually work?
No betting system can overcome the mathematical house edge in roulette. Systems like Martingale or Fibonacci may structure your betting and potentially extend playing time, but they cannot change the underlying probabilities or guarantee profits. Each spin is an independent event with fixed odds.
What is the difference between odds and payouts in roulette?
Odds represent your probability of winning a bet, while payouts indicate how much you win relative to your wager. The casino pays out at rates lower than the true odds to maintain its house edge. For example, a single number has 36:1 true odds in European roulette but pays only 35:1.
Which roulette bets offer the best value?
In European roulette, all standard bets carry the same 2.7 percent house edge, making them equal in terms of expected value. Choose bets based on your risk tolerance rather than seeking better value. Always avoid the top line bet in American roulette, which has a 7.89 percent house edge.
Can I improve my chances by tracking previous numbers?
No, tracking previous spins does not improve your chances. Each spin is an independent random event, and the wheel has no memory of past results. The probability of any number appearing remains constant on every spin regardless of what has happened previously.