1. Roulette Red Or Black Odds
2. Roulette Red Or Black Payout

Roulette offers a bewildering number of betting options, but the bets are actually straightforward enough. In order to make sure you get the correct payout, you’ll want to make sure that you put your chips in exactly the right place on the table. Missing a payout because your chip isn’t in the right spot is a drag.

If you notice, its quite rare for a wheel to spin red, black, red, black, red, black, red, black for multiple spins, theres always a double red, or double black. So, if black comes out, bet black. Bet on the colour that comes out, doubling everytime it loses, as soon as it wins go back to the initial stake. Most roulette systems use a betting progression. For example, after 3 reds in a row, you bet on black. But this is fundamentally the same as after red,black and red, you bet black. There is no difference. The 0 is coloured green, the other numbers are red or black (18 of each). There are lots of places to play online roulette. You may also enjoy the best online pokies to play for real money in Australia from AussieCasinoHEX.com. The net winnings on a roulette wager can be thought of as a discrete random variable. If we bet $1 on red and red occurs, then we win our dollar back and another dollar. This results in net winnings of 1. If we bet $1 on red and green or black occurs, then we lose the dollar that we bet. This results in net winnings of -1.

Roulette payouts are an important part of roulette strategy. They work like this. The odds are stated in the form of x to 1, which means you’ll win x dollars for every dollar you’ve bet. For example, the single number bet offers a payout of 35 to 1. If you win, you’ll get your dollar back plus the $35 for the win.

Do you want to play online roulette for real cash prizes in the US? You can at Chumba Casino which offers sweepstakes casino games. Get 2 free sweeps coins for signing-up by clicking here.

BEST FOR: Playing Online Roulette For Cash Prizes

2 Free Sweeps Coins

Available On: Web Browser

BEST FOR: Playing Online Roulette For Cash Prizes

Chumba Casino

4.6

Chumba Casino is a gaming site that operates as a sweepstakes casino. It offers a variety of slots, as well as video poker, blackjack, and roulette. Chumba Casino offers a convenient platform with numerous games to choose from. Players can enjoy the games with ease as they can be played directly through a browser with no download required.

Chumba is the best online casino site to play roulette for cash prizes. It’s also a great option to practice your roulette strategy online. It’s available to players across the US (except Washington state).

Payouts on the Outside Bets

On the edge of the table are a series of bets which are “outside” the 38 numbers on the table. Each of these bets refers to a specific set of numbers or colors. If the ball lands on 0 or 00, you’ll lose on any of the outside bets.

The outside bets include:

Red or Black – This bet pays out even odds (1 to 1) if the ball lands on the color you chose.

Odd or Even – This bet pays out even odds (1 to 1) if the ball lands on odd or even, depending on which you chose.

Low or High – This bet pays out even money (1 to 1) if the ball lands on 1-18 if you bet low, or if the ball lands on 19-36 if you bet high.

Columns – The numbers on the layout are organized into three columns of twelve numbers each. A “columns” bet wins if the ball lands on one of the numbers in the column you chose. This bet pays out 2 to 1 when you win.

Dozens – There are 36 numbers on the table, so you can bet on the first dozen (1-12), the second dozen (13-24), or the third dozen (25-36). This bet also pays out 2 to 1.

Payouts on the Inside Bets

You can also bet on specific numbers and sets of numbers on the inside of the layout. These bets win less often, but they pay out more when you do win. The house edge on the inside bets is the same as the house edge on the outside bets.

The inside bets for roulette include:

Straight-up – This is a bet on a single number. It pays off at 35 to 1.

Split bet – This is a bet on any two adjacent numbers. You place the chip on the line between the two numbers in order to make this wager. This bet pays out at 17 to 1.

Street bet – This bet covers three numbers. You place your bet on the line outside of the three numbers in the row where you want to win. This bet pays out at 11 to 1.

Corner bet – Some people call this a square bet or a quarter bet. It’s a bet on a corner that makes a square, and it’s a bet on four numbers. A win on this type of bet pays out at 8 to 1.

Roulette Red Or Black Odds

Five-number bet – You can only make one five-number bet, and it’s the only inside bet that offers different odds from all the others. The problem is that it has a higher house edge, making it the worst bet on the table. This bet is on the numbers 0, 00, 1, 2, and 3, and you place the chip on the outside corner line between the 1 and the 0. This bet pays out 6 to 1, but only masochists place this bet.

Six-number bet – Some people call this a line bet. It covers two adjoining rows of numbers. It pays out at 5 to 1.

How Roulette Payouts Give the Casino an Edge

These payouts all have one thing in common—they pay out less than the true odds of hitting a win. That’s why the casino enjoys a house edge of 5.26% on roulette. Your odds of winning are always less than the payout amounts.

For example, the odds of winning a straight-up bet are 37 to 1. There are 37 numbers on the wheel that lose, and 1 bet on the wheel that will win. But the bet only pays out 35 to 1, not 37 to 1, so the house wins more often than it loses.

A split bet offers you odds of winning of 18 to 1, but it pays off at 17 to 1.

I could list all of them, but you get the idea by now. The casino has an unassailable mathematical advantage on every bet. No betting system or strategy can overcome this advantage.

Of course, in the short run, anything can (and often will) happen. This is called “standard deviation”, and it explains why some people walk away from the roulette table as winners. The mathematically true results only come around the closer you get to an infinite number of spins.

So the best way to approach roulette is as a lark. It’s a fun game. You can relax and socialize while you play. But don’t expect to win, because the odds are against you. And if you do win, walk away and smile, because you beat the odds.

Our editors will review what you’ve submitted and determine whether to revise the article.

Roulette, (from French: “small wheel”), gambling game in which players bet on which red or black numbered compartment of a revolving wheel a small ball (spun in the opposite direction) will come to rest within. Bets are placed on a table marked to correspond with the compartments of the wheel. It is played in casinos worldwide. Roulette is a banking game, and all bets are placed against the bank—that is, the house, or the proprietor of the game. As a big-time betting game, it has had its popularity superseded in the United States and the Caribbean islands by others, notably craps, blackjack, and poker.

Fanciful stories about the origin of roulette include its invention by the 17th-century French mathematician Blaise Pascal, by a French monk, and by the Chinese, from whom it was supposedly transmitted to France by Dominican monks. In reality, roulette was derived in France in the early 18th century from the older games hoca and portique, and it is first mentioned under its current name in 1716 in Bordeaux. Following several modifications, roulette achieved its present layout and wheel structure about 1790, after which it rapidly gained status as the leading game in the casinos and gambling houses of Europe. During the years 1836 to 1933, roulette was banned in France.

Equipment

The roulette table is composed of two sections, the wheel itself and the betting layout, better known as the roulette layout. There are two styles of roulette tables. One has a single betting layout with the roulette wheel at one end, and the other has two layouts with the wheel in the centre. The wheel spins horizontally.

Heading the layout design, which is printed on green baize, is a space containing the figure 0 (European style) or the figures 0 and 00 (American style, although such wheels were used also in Europe during the 18th and 19th centuries). The main portion of the design is composed of 36 consecutively numbered rectangular spaces, alternately coloured red and black and arranged in three columns of 12 spaces each, beginning with 1 at the top and concluding with 36 at the bottom. Directly below the numbers are three blank spaces (on some layouts these are marked “2 to 1” and are located on the players’ side of the table). On either side of these or along one side of the columns are rectangular spaces marked “1st 12,” “2nd 12,” and “3rd 12” on American-style layouts. On European-style layouts these terms are “12^p” (première), “12^m” (milieu), and “12^d” (dernière douzaine). Six more spaces are marked “red” (rouge), “black” (noir), “even” (pair), “odd” (impair), “1–18” (low, or manque), and “19–36” (high, or passe).

The roulette wheel consists of a solid wooden disk slightly convex in shape. Around its rim are metal partitions known as separators or frets, and the compartments or pockets between these are called canoes by roulette croupiers. Thirty-six of these compartments, painted alternately red and black, are numbered nonconsecutively from 1 to 36. On European-style wheels a 37th compartment, painted green, carries the sign 0, and on American wheels two green compartments on opposite sides of the wheel carry the signs 0 and 00. The wheel, its spindle perfectly balanced, spins smoothly in an almost frictionless manner.

The standard roulette table employs up to 10 sets of wheel checks (usually called chips). Each set is differently coloured; each traditionally consists of 300 chips; and there is one set for each player. The chips usually have a single basic value, although some casinos also sell chips of lesser value. The colour of the chips indicates the player, not the value of the chips. If a player wishes to buy chips of slightly higher value, the croupier places a marker indicating that value on top of the table’s stack of chips of the colour corresponding to the chips purchased. Most casinos also have high-value chips that can be wagered at any gaming table. Unlike roulette chips, these have their numbered values printed on them.

Bets

It is possible to place the following bets in roulette: (1) straight, or single-number (en plein), in which the chips are placed squarely on one number of the layout, including 0 (and also 00 on American layouts), so that the chips do not touch any of the lines enclosing the number; a winning single-number bet pays 35 to 1 (for each unit bet, a winning player receives his original bet and 35 matching units); (2) split, or 2-number (à cheval), in which the chips are placed on any line separating any two numbers; if either wins, payoff odds are 17 to 1; (3) street, or 3-number (transversale pleine), in which the chips are placed on the outside line of the layout, betting the three numbers opposite the chips; payoff odds on any of the three numbers are 11 to 1; (4) square, quarter, corner, or 4-number (en carré), in which the chips are placed on the intersection of the lines between any four numbers; payoff odds are 8 to 1; (5) line, or 6-number (sixaine or transversale six), in which the chips are placed on the intersection of the sideline and a line between two “streets”; payoff odds are 5 to 1; (6) column (colonne), or 12-number, in which the chips are placed on one of the three blank spaces (some layouts have three squares, marked “1st,” “2nd,” and “3rd”) at the bottom of the layout, thus betting the 12 numbers above the space; payoff odds are 2 to 1; (7) dozens (douzaine), or 12-number, in which the chips are placed on one of the spaces of the layout marked “12,” betting the numbers 1–12, 13–24, or 25–36; payoff odds are 2 to 1; (8) low-number or high-number, in which the chips are placed on the layout space marked “1–18” (manque) or on the space marked “19–36” (passe); payoff is even money; (9) black or red, in which the chips are placed on a space of the layout marked “black” (noir) or on a space marked “red” (rouge; some layouts have a large black or red diamond-shaped design instead of the words); payoff is even money; (10) odd-number or even-number, in which the chips are placed on the space of the layout marked “odd” (impair) or on the space marked “even” (pair); payoff is even money.

On layouts with a single zero (European style), the 0 may be included in a 2-number bet with any adjoining number, in a 3-number bet with 1 and 2 or with 2 and 3, and in a 4-number bet with 1, 2, and 3 at the regular odds for these bets. With the American-style 0 and 00, a 5-number line bet also is possible, the player placing his chips on the corner intersection of the line separating the 1, 2, 3 from the 0 and 00, with payoff odds of 6 to 1.

The play

The game begins when one of the croupiers (dealers) in attendance calls for the players to make their bets, which they do by placing chips on the spaces of the layout on any number, group, or classification they hope will win.

Roulette Red Or Black Payout

The croupier usually starts the wheel spinning in a counterclockwise direction and then spins a small ivory or plastic ball onto the bowl’s back track in the opposite direction. Players may continue to place bets while the wheel and ball are in motion until the ball slows down and is about to drop off the back track, at which time one of the croupiers announces that no more bets may be made.

When the ball falls and comes to rest between any two metal partitions of the wheel, it marks the winning number (or a 0 or 00), the winning colour, and any other permitted bet that pertains to a winning number or symbol. The dealer immediately announces the winning number and its colour and places a special marker on the corresponding number on the layout. He first collects all losing bets, not disturbing the chips that are resting on winning spaces, and then pays off any winning bets.