Roulette is one of the most popular casino games. It’s available in two major versions: European and American roulette. The American roulette has an extra pocket labeled two zeros (00) whileThere are occasions when we here at ReadyBetGo want to bring you interesting facts about the gambling industry When something catches our eye, we will publish it for your enjoyment.
Roulette table the European roulette does not.
Although the difference between the two roulette games is small, it can impact the roulette odds of winning different bets. Read on for a more detailed explanation.
Single Number Bets
Because of the extra pocket in American roulette, the odds of winning a single number bet are 2.6%. By comparison, the odds of winning the same kind of bet when playing European roulette are 2.7%.
For clarity, single number bet refers to betting exactly which number pocket the ball lands on. Single number bets also come with a high payout rate of 35:1, meaning you earn $35 for every $1 wagered.
50/50 bets include betting red or black numbers, low or highs or whether the ball lands on an odd or even number. Irrespective of the bet, the odds of winning are 48.6% in European roulette 47.4% in American roulette.
Technically, even bets have 50/50 odds and come with a payout rate of 1 to 1. If you bet $10, you get an extra $10. But because the roulette odds are not exactly 50%, the house has an edge that makes it win more often than players.
Number Combination Bets
Because betting on single numbers is hard, most casinos allow players to combine 2-6 numbers where the ball is likely to land. If you choose two numbers and the ball lands in either pocket, you get a 17 to 1 payout rate.
However, the odds of the ball landing on two out of the possible 37 number pockets in European roulette are 5.4%. The odds on American roulette are 5.3%. Three number bets come with odds of 8.1% and 7.9% on European and American roulettes respectively and the payout rate is 11 to 1.
Four number bets have odds 10.8% and 10.5% on European and American roulettes respectively. Five number bets have odds 13.5% and 13.2% while six number combinations have odds 16.2% and 15.8% in European and American roulette games.
Predictably, the payout rate decreases the higher the odds become. The payout rate for six number combinations, for example, is $5 for every $1 wagered. If you combine only four numbers, the payout increases to $8 for $1 wagered.
Dozen and Column Bets
Dozen and column bets are closely related. They also have the same payout of 2 to 1. With dozen bets, the 36 pocket numbers (excluding zero) are divided into three dozens. The first dozen represents number 1-12. The second one refers to 13-24 while the third dozen refers to numbers 25-36.
On the other hand, column refers to numbers as they’re represented in a roulette table layout. Number 1, 2 and 3 are located on columns 1, 2 and 3 respectively. Numbers 4, 5 and 6 are arranged again in columns 1, 2 and 3. This goes on up to the 36th number.
The odds of winning a column or dozen bet are 32.4% in European roulette and 31.6% in American roulette.
Some people love the American roulette. Others prefer to play the European roulette. Either way, roulette is a fun game. The odds vary depending on which version you play but the payout rates are similar.
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