Odds of WinningWhether you are a seasoned roulete player or are just learning how to play, it is always helpful to know the exact odds of the game so you understand what your chances of winning are. Unlike many other casino games, the popular game of roulete offers a multitude of bets that you can use to play, some of which are very risky. The number of bets that are available at your disposal makes roulete one of the most attractive and exciting games due to the levels of possible risk. Whether you are a serious gambler who likes to take big risks or a newbie who prefers to play it safe, roulete has something for you.
So what are the odds of you winning the big bucks? First, start by looking at the definition of the word “odds”. According to the dictionary, odds are ratios used as the basis of a bet. In roulete, the ratio represents the odds of winning a bet compared to the probable loss of the bet. Due to the difference in the single zero and double zero slots on American and European roulete wheels, the house edge varies slightly, as do the odds. There are a hefty amount of bets that can be discussed with both the American and European versions, but here are a few basic bets from each version along with the odds of winning them in order to give you an introduction.
European Inside Bets Vs. European Outside Bets
A few inside bets include the straight, split, and street bets. The odds of winning a straight bet are 1 in 37, and the probability of winning is 2.7%. Split bets have a 5.41% probable win with 1 in 18.5 odds, while street bets have a 9.3% probable win and odds of 1 in 12.3. Outside bets are not as risky as inside bets and therefore have lower payouts. The even and odd outside bet has a 48.65% probable win and odds of 1 in 2.06, while the column bet has a 32.43% probable win with odds of 1 in 3.1. In general, due to the wheel differences, you have better chances of winning European roulete. It has a lower house edge unlike the American version.
American Inside Bets Vs. American Outside Bets
Despite the better odds of winning with traditional European roulete, American roulete is found in casinos all over the United States and you are bound to run into them wherever you go. Either way, it can still be an exhilarating game and can offer some fun wins. The straight bet in American roulete has a 2.63% probable win in comparison to the 2.7% European probability, and with the split bet your odds are 1 in 19. The outside color bet gives you 1 in 2.1 odds while the dozen bet is 1 in 3.2. As you can see from a few of these comparisons, there are significant differences between the French and American versions. For further odds, you can find tables on-line and in casino game guides that list each odd and their corresponding probability for you to quickly reference as you are learning.
Roulete Strategies
Once you familiarize yourself with the basic odds of roulete and the differences between the American and European versions, the next step is to determine how you can increase your odds. There are no easy answers to this, but there are tons of betting strategies and tips that you can try out to see if they work for you. For example, by sticking to playing the table minimum or only playing European roulete, you may have a better chance of winning. You can also avoid using betting patterns consistently, and try using the “En Prison” rule if it is possible. By informing yourself of the odds of roulete and arming yourself with a few simple betting strategies, you can increase your confidence at the game table and possibly increase your winnings.
