The Ultimate Guide to Roulette Odds and Payouts
Online roulette is a game of chance, but that doesn’t mean you have to leave everything up to luck.
Understanding roulette odds and payouts can help you make smarter bets, manage your bankroll effectively, and maybe even boost your chances of walking away with a win. Whether you're a casual player or a high-stakes strategist, knowing how different roulette bets pay out is essential.
Ready to roll? Let’s break it all down.
How Roulette Bets Work
If you've ever played online roulette games, you know that it’s all about predicting where the ball will land on the spinning wheel.
But what makes playing roulette truly exciting is the variety of bets you can place. From high-risk single-number bets to safer even-money wagers, each bet type has its own roulette odds and payouts. Whether you're playing at Spin Casino or any other top-rated roulette casino, understanding these bets is key to making the most of your experience.
Online Roulette Strategies: Inside vs. Outside Bets
When playing online roulette in Canada, there are various factors to consider when choosing which bets to place, mostly boiling down to risk and payout potential. Find out which would suit you better: inside or outside bets?
Inside Bets: High Risk, High Reward
Inside bets are placed on specific numbers or small groups of numbers on the roulette table. These bets come with higher payouts, but they also have lower odds of winning. Here’s a breakdown:
- Straight Up Bet: Placing a bet on a single number. This is the riskiest bet, but it offers the biggest payout at 35 to 1.
- Split Bet: A bet on two side-by-side numbers (e.g., 7 and 8). If either number hits, you win 17 to 1.
- Street Bet: A bet placed on three consecutive numbers (e.g., 10, 11, and 12). The payout is 11 to 1.
- Corner Bet: A bet you place on four numbers that meet at a corner (e.g., 1, 2, 4, and 5). If any of the numbers hit, you get paid 8 to 1.
- Six-Line Bet: When you bet on two side-by-side rows of three numbers (e.g., 4-5-6 and 7-8-9). This pays 5 to 1.
Outside Bets: Lower Risk, Steady Returns
Outside bets cover larger sections of the online roulette wheel, making them less risky but also offering smaller payouts. These are great for players who prefer a more measured approach.
- Red or Black: A simple bet on where the ball will land – on either a red number or a black number. What does this bet pay? 1 to 1, meaning you double your money if you win.
- Odd or Even: Betting on whether the winning number will be odd or even. Like red/black, this pays 1 to 1.
- High or Low: Betting on whether the winning number will be between 1-18 (low) or 19-36 (high). The payout is 1 to 1.
- Dozens Bet: Betting on a group of 12 numbers (1-12, 13-24, or 25-36). This offers a payout of 2 to 1.
- Column Bet: Similar to the dozens bet, but this wager covers a vertical column of 12 numbers on the table. The payout is also 2 to 1.
European vs. American Roulette: Why It Matters
If you’ve explored different online roulette games, you might have noticed two main versions: European and American Roulette.
The key difference? The American version has an extra double zero (00), which slightly reduces the player’s odds. In European Roulette, the house edge is about 2.7%, while American Roulette bumps it up to 5.26%. If you're looking for better odds, European Roulette is the way to go.
Using Roulette Odds to Your Advantage
Now that you know the roulette payouts and odds, how can you use this knowledge to play smarter? This is where online roulette strategies come in. Some players prefer sticking to even-money bets for more consistent wins, while others chase bigger payouts with inside bets. Here are a few popular strategies:
- The Martingale System: Playing roulette with this classic strategy means you double your bet after every loss to recoup losses and secure a profit. Works best with even-money bets like red/black or odd/even.
- The Paroli System: The opposite of Martingale – this one involves doubling your bet after every win, making the most of your winning streaks.
- The D’Alembert System: A more gradual approach, increasing bets by one unit after a loss and decreasing by one after a win.
Final Spin: Making Informed Bets
Online roulette is all about balancing risk and reward. Whether you're going all-in on a single number for that 35 to 1 payday or playing it safe with red/black bets, knowing your roulette odds and payouts can help you make better decisions.
And let’s be honest – nothing beats the thrill of watching the wheel spin, hoping your number (or colour) comes up.
