Roulette Odds, Betting and Payouts
Roulette payouts are fairly easy to remember, once you learn the various roulette bets you can make. One complicating factor with roulette payout charts is the fact there are two forms of roulette: American roulette and European roulette. Each game has its own payout chart.
If you are playing roulette in North America, you're more than likely to be playing American roulette. This biggest difference in the two games is that American roulette adds an extra zero to the roulette wheel. On most roulette bets, players lose when they ball lands on the "0" slots. So when the game has both a "0" and a "00" slot on the wheel, your chances of losing your bet increases. The payouts remain the same in American roulette, but you are less likely to collect the payout.
Let's start with the types of bets in roulette.
Straight Up Bet - You bet on one individual number. For example, you might bet on the "7". In American roulette, the odds of hitting this bet are against you 37-to-1. In European roulette, you're odds of winning are 36-to-1.
Split Bet - You bet two adjacent numbers (adjacent on the roulette table layout, that is). The odds against hitting this bet are 18-to-1 in American roulette, and 17.5-to-1 in European roulette.
Street Bet - The player bets on 3 different numbers that are on the same "street' or line of the roulette layout. This might be 1-2-3 or 4-5-6, for example. The odds against hitting this bet is 11.667 in American roulette, while it is 11.333 in European roulette
Corner Bet - You bet on four numbers in four adjacent boxes. An example of a corner bet would be 1-2-4-5. The odds of hitting on a corner bet in American roulette are against you 8.5 to 1, while the odds are 8.25 to 1 against you in European roulette.
Five Number Bet - This is a bet on the 0, 00, 1, 2 and 3. Don't make this bet, because these are the worst odds in roulette. The odds are 6.6 to 1 against you in American roulette, while the odds are 6.4 to 1 against you in European roulette.
Six Line Bet - The six line bet is like making two street bets, because it is a six-number bet made up of two lines (streets) of numbers. The odds are against you 5.33 to 1 on a 6-line bet in American roulette, while the odds are against you 5.166 to 1 in European roulette.
12-Number Bets - There are two kinds of twelve-number bets: Column Bets and Dozen Bets. The dozen bet is either 1-12, 13-24 or 25-36. The column bet consists of one of the three 12-number columns on the roulette table. An example of this would be a bet on the column 1-4-7-10-13-16-19-22-25-28-31-34.
The odds of hitting a 12-number bet in American roulette are against you 2.167 to 1 against you, while the odds of hitting a 12-number bet in European roulette are 2.083 to 1 against you.
18-Number bets - There are three kinds of eighteen-number bets: the Odd/Even Bet, Red/Black Bet and the High/Low Bet. These are the so-called 50/50 bets in roulette. Essentially, you are betting on half of numbers (excluding zeroes) on the roulette wheel. These might be the high (19-36) or low (1-18) numbers, or all the black, red, even or odd numbers.
The odds of hitting an 18-number bet in American Roulette are 1.111 to 1 against you winning, while they are 1.055 to 1 against you winning in European Roulette.
Roulette Payouts List
As you can see, your odds of hitting bets in European roulette are lower than they are in American roulette. Unfortunately, U.S. roulette players aren't likely to find European roulette outside of Atlantic City, New Jersey. So if you're going to be playing in the United States, you better get used to the odds against you in American roulette. Luckily, the payouts in roulette are the same in either version, so this makes it simpler for you to memorize.
Here's how much each of these bets pay out when you win. You'll notice the payouts are smaller than the odds you will win the bet. The difference in the two numbers is what we call the house edge, which is what keeps casinos profitable and in business.
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