How Does The Roulette Table Pay
In the game of roulette, betting on either 0 or 00 (if you are playing American roulette) pays out at 35/1. If you are playing American roulette and do a 'row bet', this means that you are betting on either 0 or 00. If the ball falls on either 0 or 00, you will receive a 17/1 payout. Roulette Table Payouts on the Inside Bets Of The Game. The roulette table has inside numbers and outside numbers within its layout. Players can choose to place bets on the numbers that are outside or inside the layout of the table, inside bets have their pros and cons in the game. Some video roulette games have lower payouts than the table game counterparts. They pay only 30-34 for a single-number bet (vs. 35 on a table), and 15-16 on a double-number bet (vs. 17 for a table). This explodes the house edge. Don't play these machines.
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.
This post wants to cover roulette payouts in some degree of detail, though, including how much each bet pays off.
More importantly, I want to explain how the croupier is able to calculate payouts for roulette so quickly. Guess what? They have a system for that.
Payout Odds in Gambling
When you’re gambling on something, you get paid off using odds. Some games offer even odds, which means that if you bet $100, you win $100 when you win.
Most games, though, have various payouts for various kinds of bets.
The top jackpot on a video poker machine pays off at 800 for 1.
And that’s an important distinction. There’s a big difference between a payoff of 800 for 1 and a payoff of 800 to 1.
With table games like roulette, the payoffs are in the form of 2 to 1, 3 to 1, 35 to 1, etc.
This means that if you win the bet, you get to keep the amount you bet, and you get the winnings along with it.
If you bet $100 on a single number at the roulette table and win, you get a payoff of $3,500. But you also get to keep your $100.
With gambling machines, payouts are made on a “for” basis instead of a “to” basis. This means your winnings are traded for what you risked.
If you bet $5 on a slot machine and win a $10 payout, you don’t get your $5 back on top of that.
This is an important distinction you should make. Most gamblers don’t stick just with roulette, so if you’re going to play other games — and you probably will — you should understand how that works.
Specific Payouts in the Game of Roulette
In roulette, you have a huge variety of bets you can place. You bet on a single number. Or you can bet on two numbers — if either of those numbers come up, you win. Or you can bet on three numbers, and if any of those three numbers come up, you win.
The more likely it is for you to win, the lower the payout is.
A bet on black wins almost half the time. The payoff for that bet is only 1 to 1, or even money.
A bet on a single number pays off at 35 to 1, which is a big payoff, but it also only wins 1 out of every 38 spins on average.
The Difference Between the Odds of Winning and the Payout Odds
The casino makes its money from the difference between the odds of winning and the payout odds.
You know how you can express the payout on a bet as odds?
35 to 1 is an example of how you’d express a payoff on the single number bet.
Best Bet On Roulette Table
The odds of winning can also be expressed in the same way.
On a standard American roulette wheel, you have 37 ways to lose a single number bet and only one way to win.
This means the odds of winning are 37 to 1.
How Does A Roulette Table Payout
Since the odds of winning are lower than the payoff for the bet, the casino makes a profit in the long run.
Once out of every 38 spins, they’ll pay off a single number bet, but they’ll only pay off 35 to 1 on that bet. The rest of the money goes into the casino’s pocket.
The casino deals in long-term averages, especially when it comes to roulette.
Roulette Bets and Their Payoffs
Here’s a list of bets you can make at the roulette table and how much each of them pays off.
The Outside Bets
Roulette Odds
These are the bets on the outside of the betting surface, and they’re the bets that pay off the most often. As a result, you win less with these bets.
Here are the outside bets you can make:
- Red(or Black) – You can bet on the color of the number, and the payout is even money — 1 to 1
- Even (or Odd) – You can bet that the number will be even or odd, and the payout is again even money — 1 to 1
- Low (or High) – You can bet that the number will be 1-18 (low) or 19-36 (high). The payout is even money on this one, too
- Columns – The numbers on the betting surface are organized into three columns. You can bet that the ball will land on one of the numbers in that column. The payoff, if you guess right, is 2 to 1
- Dozens – The numbers can be divided into 1st third (1-12), 2nd third (13-24), and 3rd third (25-36). If you guess right, you get a 2 to 1 payout
On all these outside bets, 0 and 00 count as losses. Those numbers are green, and they’re not considered even or odd, high or low.
The Inside Bets
These are the bets on the inside of the betting surface. They pay out better but have a bigger chance of losing.
Here are the inside bets you can make:
- Straight Up – This is a bet on a single number and pays off at 35 to 1
- Split – This is a bet on two numbers that are next to each other. It pays off at 17 to 1
- Street – This is a bet on three numbers, and it pays off at 11 to 1
- Corners – This is a bet on four numbers, and it pays off at 8 to 1
- The 5-Number Bet – You can only bet on 0, 00, 1, 2, and 3 if you want to bet on five numbers, and it pays off at 6 to 1. This is the only bet on the roulette table with a different house edge from the other bets — 7.89% (the other bets have a house edge of 5.26%)
- Line – This is a bet on six numbers and pays off at 5 to 1
All these bets would be a break-even proposition in the long run IF the wheel didn’t have a green 0 and a green 00.
How the Croupier Makes the Payouts So Quickly
The first thing the croupier does after the decision is to clear all the losing bets off the roulette table. Since he’s intimately familiar with the layout of the betting surface, this doesn’t take long at all.
Also, all the players at the roulette table have chips that are specifically colored so that they have the same color. You can’t use the roulette chips at the other table. This enables the croupier to tell your bet from someone else’s. It’s the color of the chips.
To calculate the payouts, you just multiply the bet by the payout odds.
If someone bet two chips on a single number and it won, you’d multiply 2 by 35 and get 70. That’s how many chips you’d give the player in winnings.
He doesn’t really have a magical system, either. He knows the payouts for the various bets, and he’s able to do the multiplication in his head. It’s easy multiplication, but even if it weren’t, he’d eventually just be able to memorize the correct payout relative to the number of chips bet.
Also, he doesn’t really think of the chips as money. They’re just betting units.
Can Any of This Information Help Me Win at Roulette?
Naw.
Roulette’s a negative expectation game.
You might get lucky in the short run, but if you play long enough, the math behind the payouts will eventually reduce your bankroll to 0.
Conclusion
And that’s how to calculate roulette payouts. You just memorize which bets are possible and how much they pay off. Once you know that, calculating the payouts is just a matter of multiplication.
Croupiers are able to do it quickly because they do it all day every day.
I’m able to make change in my head because I worked for years on cash registers that didn’t calculate change. I know how to subtract from 100 without any effort at all.
Calculating roulette payouts is a similar skill.
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The game of roulette may seem to present a complex table layout at first glance which often has an intimidating effect to would-be roulette players. But the roulette game is a very interesting and fascinating game as described by roulette casino players.
The table layout consists of several numbers consisting of inside and outside layout of numbers. The roulette wheel has numbers on them with the alternating colors of red and black. The single zero on the roulette wheel is color green and likewise is the color of the double zeros found in the American roulette wheel.
The structure of the table layout is in relation to the different ways a player can place a bet on the game of roulette. Each type of bet on the roulette table is always with a roulette payout counterpart which determines how much payout a roulette player will receive from their bets.
Players need familiarization about the roulette table bets and its payouts in order to fully understand how the game of roulette works. Understanding the several ways of placing bet in roulette is not as complicated as what other online casino players may initially think.
The most basic learning of a roulette player is to know the relationship between the type of bet and the corresponding payout a player will win with the bet type they made. A roulette payout table is an easy reference from which a player can better understand the relation between the bets and payouts in roulette.
The roulette table has an inside and outside layout. Betting on the inside layout of the roulette table allows a player to bet in a single number called the straight bet that gives a payout of 35:1 ratio. This means the player's dollar bet on a single number will win them a $35 value which is 35 times the player's bet. The following are other ways of placing an inside bet on the roulette table:
Placing a bet on 2 numbers will give a payout of 17:1. Bet on 3 numbers will give a payout of 11:1 while 4 numbers bet will give a payout of 8:1 and 6 numbers bet pay a player 5:1 payout. It should be noted that the five numbers bet is only applicable to the American roulette game where players can bet on the additional double zeros found on the American version of the roulette wheel.
The outside bet on the other hand allows players to bet with a lower payout of only 1:1. The outside bet types can be done by placing a bet on either even or odd numbers. Players can further play based on colors of either black or red with the same payout.
Understanding the roulette bet and its payout is relatively easy. Once a player has gained full understanding on these elements they can better appreciate the fascinating and exciting game of roulette.
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