Roulette Odds: House Edge and Payouts Explained
Roulette odds and payouts are calculated by the possible outcomes in the game and the numbers you cover in your wager. So, knowing how to calculate the roulette payouts can give you a much-needed edge on the table.
It can also be very helpful in your quest to find the best roulette casino game for your preferences. So, let’s analyze how the odds in roulette look, alongside the different payouts for the available bet types.
What Are Odds in Roulette?
Odds in the roulette game represent the likelihood of a certain bet being successful. For every betting option in roulette, you will have certain odds – the bigger the odds, the higher the payout, but the probability of you reaching that win is much slimmer. As we will see below in this article, the payout odds in crypto roulette can vary depending on the game variant you choose to play.
Roulette Payouts
Each bet type on the roulette wheel has a fixed payout structure based on 36 numbers – regardless of which roulette variant you play.
The roulette payout odds are represented as a ratio – in the form of x:1. This means that you will win an X amount of USD for every $1 you wager while playing. Let’s take the most rewarding bet type in roulette for example – the straight-up bet has 35:1 payouts, so it means that if you wager $1, you get $35 in return for getting the number right.
Therefore, we strongly suggest you memorize the exact payouts for all roulette bets before you start playing the game for real money.
How to Calculate Roulette Payouts
Calculating your potential payout in crypto roulette is a very straightforward process. As mentioned beforehand, the payouts in this online casino game are represented as a ratio, and the higher probability of you winning your bet means lower payouts.
Calculating your payouts requires you to divide the potential profit with your initial bet. Wagering on a split bet that has a 17:1 payout means that your profit will be 17x your bet, whatever it is.
Roulette Payouts Chart
For a better overview of the different payout odds in online roulette, we suggest you take a look at the table layout below. It shows you all you need regarding your payouts for guessing correctly the winning number on different bets. You can use the payouts in this table regardless of the roulette variant you prefer.
| Bet Type | Payout |
|---|---|
| One Number | 35:1 |
| Two Numbers | 17:1 |
| Three Numbers | 11:1 |
| Four Numbers | 8:1 |
| Five Numbers | 6:1 |
| Six Numbers | 5:1 |
| 12 Numbers | 2:1 |
| 18 Numbers | 1:1 |
Roulette House Edge
Regardless of which online casino game you choose to play, you must know that the odds of the casino emerging as the profitable party are much greater than your chances of winning. All casino games have a built-in house edge that diminishes the superior odds for the player.
An example would make things much more clear. Let’s say you play European Roulette and you plan on wagering $1 on every number – including the zero pocket. So, all in all, you will need to place 37 different wagers, but only one of those will be a successful bet.
Since the odds of a straight-up bet are 35:1, you will receive a prize of $35 for your right prediction. Notice how there is a $1 difference? That is the house edge, and if we calculate it as a percentage, it represents 2.7% for European Roulette.
Moreover, even-money bets have a 1:1 payout, so if you wager $1 on red and $1 on black, you will still lose 2.7% of the time as there is a green pocket.
On the other hand, if you play American Roulette, you will notice that the house edge is much higher as there is an additional double-zero pocket.
Therefore, wagering $1 on all numbers will require you to place 38 different bets, but a successful one will get you $35 in return. Calculating it as a percentage means that the American Roulette wheel has a 5.26% house edge.
Odds of Different Types of Roulette
As mentioned briefly above, there is more than just one roulette game that you will find as a crypto casino player.
Your odds of winning will vary depending on the variant you choose, each of which has its own set of distinctive features and betting options. Let’s take a look at the odds of the most popular roulette games, so you can better choose a variant that is best suited to your preferences and experience level.
American Roulette Odds
Choosing the American roulette table for your next gambling endeavor will get you an additional wager to make – the double-zero pocket. Nonetheless, that also means that the house edge increases for this game, as explained above. Here are the exact odds for bets on the American roulette wheel.
| Bet Type | Odds |
|---|---|
| Even/Odd | 46.37% |
| Red/Black | 46.37% |
| 1-18/19-36 | 46.37% |
| 1-12/13-24/25-36 | 31.58% |
| Single Number | 2.63% |
| Combination of Two Numbers | 5.26% |
| Combination of Three Numbers | 7.89% |
| Combination of Four Numbers | 10.53% |
| Combination of Six Numbers | 15.79% |
| Combination of 0, 00, 1, 2, 3 | 13.16% |
European Roulette Odds
The difference between American and European roulette comes in the zero pocket. The European version features just one zero pocket, thus having a very low house edge. It is also arguably the most commonly played roulette game in the crypto gambling world, so let’s check out what the odds look like for bets on the European wheel!
| Bet Type | Odds |
|---|---|
| Even/Odd | 48.6% |
| Red/Black | 48.6% |
| 1-18/19-36 | 48.6% |
| 1-12/13-24/25-36 | 32.4% |
| Single Number | 2.7% |
| Combination of Two Numbers | 5.4% |
| Combination of Three Numbers | 8.1% |
| Combination of Four Numbers | 10.8% |
| Combination of Six Numbers | 16.2% |
Odds for Different Roulette Bets
All the roulette odds and payouts we explained above correspond to different bets in the game. Generally, we can group these bets into two separate categories:
- Inside Bets
- Outside Bets
Each bet type has a different winning probability, so let’s explain how they work, so you can better craft your best roulette strategies when playing.
Outside Bets
First off, we have the so-called “safer” bets in online roulette. Outside bets consist of bets that punters need to place on a group of numbers away from the main grid of the roulette table. Outside bets have a higher probability of winning, but as expected – the payout amounts tend to be much smaller.
A very common type of outside bet is the odds/even wager where you need to predict whether the ball lands on an odd or an even number. The payout ratio for such a bet is 1:1, with winning bets on columns and dozens carrying a slightly better ratio of 2:1. Here are all the outside bets in roulette:
- Red/black
- Odd/even
- High/low
- Dozen bet
- Column bet
- Snake bet
- Neighbor bet
Inside Bets
Up next, we have inside bets – wagers that you will find at the center of the roulette table. Inside bets are the complete opposite of outside bets, meaning that they have lower winning possibilities but larger payouts.
With inside bets, you will put your money on a smaller group of numbers, with a straight bet being the most popular and adventurous one of them all. Another popular inside bet is the split bet, which requires you to put your wager on adjacent numbers. With all that in mind, here is the complete list of inside bets in roulette games:
- Straight bet
- Split bet
- Street bet
- Quarter bet
- Basket bet
- First five bet
- Double street bet
Know Your Roulette Odds and Start Playing Now
Now that you have mastered all the essentials surrounding odds, payouts and house edge for the most popular roulette variants, it is time to dive into the real money adventure!
All that stands between you and the best roulette gambling adventure is a short registration process at Cryptorush. This is a casino that is home to the best roulette variants and what is even more exciting – you can play roulette with crypto and deposit and withdraw your roulette winnings with a profusion of cryptocurrencies!
FAQs
What are my odds of winning when I play roulette online?
Your odds of winning will vary, depending on your bet and the roulette variant you play. Inside bets tend to have the highest odds, but their payouts are much less frequent, and vice versa for outside bets.
What is the house edge in roulette?
The house edge is again determined by the variant you play. European Roulette has a house edge of 2.7%, with the additional zero pocket on the American version increasing the house advantage to 5.26%.
Does the house always win in roulette?
No, the house doesn’t always win, but the game is designed that way so that the casino will have an advantage called a “house edge”. Therefore, the odds of the casino winning are greater than you securing a payout.
