There are 37 numbers on the wheel that lose, and 1 bet on the wheel that will win. But the bet only pays out 35 to 1, not 37 to 1, so the house wins more often than it loses. A split bet offers you odds of winning of 18 to 1, but it pays off at 17 to 1.
The easiest way is to check with a roulette odds chart where you can see the values for the two main types of table layouts – The perfect odds on an European roulette wheel should be 36 to 1. To account for the house edge you should take away 1 from 36 to get 35:1 – the payout rate.
American roulette payouts; American roulette wheels have 38 numbers and extra 00 which is not present on the French roulette. There are specific betting rules that should be followed and slightly varies on the Atlantic City rules variation which has a 00 on the wheel. The house edge for roulette is 5.26%. European roulette table payouts
For the most part, calculating roulette payouts is just a matter of multiplication. Each bet pays out at certain odds, and that determines what you multiply the bet by to get the payout. Also, as with most table games, the payouts are done on an X to Y basis, as opposed to an X for Y basis.
Remember that although the odds of winning are 37 to 1, the payout is less. 00 is only on the American roulette wheel. What does 0 or green payout in roulette When you bet on 0 or green, the payout is determined by the type of bet you placed and the type of roulette you are playing.
The American roulette wheel features the green 0 and 00, while the European roulette wheel features just the single green 0. Let's first cover the green payouts for the American roulette wheel. If you place a bet on 0, you would receive a payout of 35 to 1 if your bet hits. If you place a bet on 00, you would also receive a payout of 35 to 1 if your bet hits.
Payout is in orange. Probability of each bet winning is in blue (assuming a single-zero European table is used). Outside bets. Outside bets refer to bets made on types of numbers on the roulette wheel or large sections of the roulette table. These bets have the lowest payouts, but the highest probabilities of success. Red / Black - 1:1 (48.65%) Color bet
This is why the roulette odds and payouts for the outside bets are 1/1 for some and 2/1 for others. This means that you earn either 1$ or $2 for a $1 wager, but the chances of winning are worth it. Roulette wheel probability statistics show that the probability of winning outside odds is high and is roughly between 31% and 49%, depending on the bet.