Roulette Odds

Have you been playing roulette without knowing the odds? Knowing the odds of how a game works can drastically improve your success and more importantly decrease failure. Knowing that the house has an edge, you should keep the idea of you are there for fun first and for most freshly in your mind.

The nice thing about roulette odds is that they are some of the best in any casino and they get better if you are playing a European wheel, because of not having the double zero. On an American wheel the house has an edge of 5.26 %. This means if you bet $100 thirty-eight times in a row you will lose $200 (most likely). This is how the casinos stay in business, to bad it wasn’t the other way around.

Now the only thing that will lessen your odds of winning is placing a five number bet. It has the worst odds at 7.26 %. Any other bet on the table works out to 5.26 %.

The following are the roulette odds on the standard roulette table.

1. Winning bet on red, black, low 1 to 18, high 19 - 36, even, or odd pays even money.

2. Winning bet on the down (1 to 12, 13 to 24, or 25 to 36), or on the column in which the winning number falls pays 2 to 1.

3. Winning bet on the number itself pays 35 to 1.

4. Bet on either of two numbers the bank pays 17 to 1. This is where you put the chip between two numbers.

5. Bet on three numbers , one of which wins pays 11 to 1. This is where you place a chip to the right of 3 numbers. Also called a street bet.

6. Bet on four numbers, one of which wins pays 8 to 1. This is where you place a chip in the centre of 4 numbers, touching all four squares.

7. Bet on five numbers (0,00,1,2,3) one of which wins pays 6 to 1. Also called the Quint this is where you place the chip between the "00" and the "3" on the layout.

8. Bet on six numbers, one of which wins, the bank pays 5 to 1. Also known as the double street this is where you place a chip to the right between 2 rows of numbers.

9. When a zero or double zero comes up the house pays bets on the zero (or double zero), or on the zero (or double zero) and any other adjacent number s in combination with it. But collects on all other bets.