A Comprehensive Guide to Roulette Payouts
It is one of the most popular table games you will find at both online and land-based casinos. It’s been around for some years and since it was introduced, players have been enjoying the thrills as well as different features of the game.
The primary goal of every player in roulette is to predict the outcome of the spin. However, the beauty of the game is that you can easily make your bets safer so that your chances of winning are higher. But, you need to note that applying strategies can have a big influence on the payouts.
A roulette payout system varies depending on the variation you choose to play. This is because you will find different versions of the game such as the European version, French version, and American version. The European and French variations are a lot similar compared to their American counterpart. The later has 0, 00 plus 36 numbered pockets while the other two have 0 and 36 numbered pockets.
Because of this, the betting style will be quite different and with that, the odds and payout system will also vary. To find out more, continue to read this comprehensive roulette payouts guide.
Overview of the Roulette Payout System
The game offers a bewildering range of betting options but these options are very easy to understand. In a typical roulette game, if you want to get the right payout, you need to ensure that you have placed your chips in the right place on the table. That way, you will not miss out on a payout because you missed a certain spot while placing your bet.
A payout is based on the odds of the kinds of bet you place. You can see how the odds are distributed if you check out the roulette payout chart.
Practically, a single bet is usually 1 to 35 and this means that if you place a €1 straight-up bet, you will get €35 when you win. In that case, to fully understand how the roulette payout system works, you will need to learn the different bets in the game.
The roulette game has two major kinds of bet, which includes inside and outside bets. However, these two bets are further divided into different kinds of bet options. The outside bets include Red or Black, Odd or Even, High or Low, Dozens, and Columns.
On the other hand, the inside bets include Straight up, Street bet, Split bet, Five Number bet, Corner bet, and Six Number bet. Each of these bet options come with their unique odds, which will determine what you will get in terms of payout when you play.
The interesting thing about the roulette game is that you can even combine different bet options depending on the table limit. You need to note that the table limit is determined by the casino you choose to play at. Below is a list of some bet options together with their various odds.
- Red or Black: 1 to 1
- Dozens: 2 to 1
- Columns: 2 to 1
- Split bet: 17 to 1
- Street bet: 11 to 1
- Corner bet: 8 to 1
What is a House Edge?
For every casino game, there is a specified percentage that goes to the house (casino) and this is known as the House Edge. However, it varies based on the casino game you choose to play as well as the casino you join.
It is calculated over a certain length of time and at the end of the day, the casino gets to keep parts of your bets even if you win. The impressive thing is that the roulette game has one of the lowest house edge percentages and it is said to be around 1.35 to 5.26%.
House Edge and Roulette Variations
It varies based on the variation of roulette you are playing. Among the three versions, the American version comes with the highest house edge percentage, while the French has the lowest percentage.
The percentage for the European game is 2.7%, the American is 5.26%, the French has a house edge percentage of 1.35%. French Roulette’s percentage is very low because of the half-back rule, which is applied to only even money bets. As a result, the French variation is recommended if you are looking for more chances to win.
How Roulette Payout Influences the House Edge
We have already talked about what a house edge is, in this section, we will explain how the roulette payout influences it. With that, you will get to fully understand the house edge concept. One thing you need to note is that each of the payouts has one common factor, which is that they do not pay out the exact odds of hitting a win.
For instance, a straight-up bet’s exact odd is 37 to 1 but players get 35 to 1 instead, split bet real odds offer is 18 to 1 but pays out 17 to 1, and so on.
What’s More
One important thing you need to understand is that when you play this game, especially the American variation, the odds are stacked against you. So, you may or may not win, and there is currently no strategy that guarantees that you will win at a table.
Placing even bets technically gives you the best chance of winning on roulette. However, you can increase your chances of winning when you apply a strategy, such as the Martingale. A strategy helps you manage your bankroll and leads to a higher overall win, or at the least, a longer game.
Additional Tips
Roulette is a very exciting game, whether you play online or at an actual land-based casino. Especially when you play at a real table, you can easily socialize with other players and even go on ahead to copy their bets if you are new.
One amazing thing about the game today is that you can learn to play for free online. This is possible because a lot of casino game providers offer free roulette games. As a result, you can get to master the payouts without the risk of losing your money and also create a personal playing style.
FAQs
What is the best online roulette site?
There are plenty of online sites that offer you to play live. We recommend that you play on fastbet, SpeedyCasino, and dreamz. These online casinos have been verified by our team of gamblers to assure you fair play and the highest level of entertainment.
Is roulette online rigged?
Most sites online are not rigged, even though it might seem so after a string of losses. This is game of chance and sometimes you are just unlucky. All of the sites on this website have been tested to assure fair play.
Can you cheat on roulette?
It is very difficult to cheat in this game, especially if you are playing it live online. This game is purely based on chance and luck if you are not using any other equipment to control the outcome of the spin and ball placement.