Roulette Bets and Payouts: A Full Overview

Author:
Joe A.
Date:
12th April, 2022

In this article, we will take a look at all the bets (and their payouts) that exist in the popular casino game of roulette. One of the best things about the game of roulette is the variety of bets you can place.

While betting options in a game like baccarat are fairly limited (banker, player or tie) – roulette is a casino game with a lot more options. You can bet on individual numbers, form combinations of several numbers, or go for bets which span an entire row or column. As the payouts are different too depending on the bet you place, roulette is certainly a varied and exciting game to play.

roulette bets

A game of live roulette in an online casino with a real professional croupier leading the game.

Playing roulette

Before you even start playing roulette, it is first important to take note which game of roulette you choose. Similarly, you should also take great care in selecting a quality online casino to play at. Both can affect your casino gaming experience – so it’s not something to just brush aside.

Right here on our website High Rollers Casino, you can find an overview of the best online casinos in Canada. All of these online casinos are fully licenced and are highly popular among Canadian players. They offer you a great collection of casino games, including lots of roulette options. Of course, you can also play other table games such as blackjack, baccarat and poker at these casinos, just like there are thousands of exciting video slots to play.

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Different roulette games

When you have chosen a casino to play roulette, it’s also important that you select the right roulette table. You can play roulette both in virtual form, as well as in the live casino with a professionally trained croupier leading your game! Make sure that you select a table where you can place the right bet size. Most online casinos offer both low-limit and high-limit roulette tables. If you are a roulette high roller, you want to look out for the high-limit or VIP tables as here you can place bets up to C$10,000 or even much higher!

Apart from the differences in table limits, there are also different roulette versions available. These are the three classical roulette variants:

– American Roulette
– European Roulette
– French Roulette

Although there are nowadays also modern-day variants such as Double Ball Roulette available, we will stick to these three games in this article.

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Which roulette variant is the best?

Before we address the best roulette bets and all their payouts, you should know that there are several ways to play roulette. When you play roulette at an online casino, you usually have the option to play American, European and French roulette. American roulette differs from French and European roulette in the fact that it has an extra number on the wheel and table, the double 0 (00). This reduces your chances of landing a ball on a specific number. It also increases the casino’s house advantage (house edge) given that the payouts are the same even though your chances of winning are lower.

When you are going to play roulette for real money, we strongly advise you to choose European or French roulette as this already improves your chances of winning. Of course, even at European or French Roulette there will be a house edge and you need some luck to win. As in any casino game, more players will lose money than will win money while playing roulette – and you should certainly never forget this. But you’d be crazy to put yourself at an unnecessary extra disadvantage by opting for American Roulette when European or French Roulette is available too.

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In case you can opt for French roulette your odds are even slightly better than at European roulette due to the fact that this game variant has some extra advantageous rules. When the ball lands on 0 and you have bet your money on single odds, half of your bet remains and you can win it back the next round.

These are the house advantages of the three most popular roulette variants:

– American roulette: 5.26%
– European roulette: 2.70%
– French roulette: 1.35%

roulette bets

Roulette has always been a fun and social game to play in a casino.

Different roulette bets

While you can certainly take a seat at any of the roulette tables and follow your instincts, the most successful players know the differences between all bets and the payouts they give. It’s important to note that bets have different payouts. There are some bets in the game of roulette which should be avoided at all costs. For example, in American roulette you have an extra bet where you bet money on five numbers at the same time. This roulette bet is called the Five Bet of Basket, and it’s not recommended at all due to the high house edge.

In the game of roulette bets are often classified as “inside” or “outside” bets. This refers to the layout of the roulette table. The insides bets are bets displayed on the inside of the grid. These are bets on individual numbers or combinations of numbers.

The outside bets are the surrounding areas that contain multiple numbers at once. Although your winning chances are higher for outside bets, the payouts are less lucrative. If you guess the colour correctly (black/red) you only double your bet, while the payout for guessing the number right is of course much higher (35 to 1).

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Roulette inside bets payouts

These are all the possible inside and their payouts at the game of roulette:

– Single Number Bet: A bet on a single number in roulette, also called a Straight Up Bet. The probability you guess the number right is 2.70% chance in European roulette, while for American roulette this probability is 2.63%. This bet pays out 35 to 1.

– Split Bet: If you think the odds are too low for a single number bet, you can opt for a split number bet. You place the chip on the line between two numbers you want to cover (for example 5-6) and receive a payout of 17 to 1 if the ball lands on one of these numbers. The probability of this happening is 5.41% (European Roulette) or 5.26% (American Roulette).

– Street bet: This bet is called this way because you cover a row or line of numbers (for example 10-11-12). It pays out 11 to 1 and the probability that your prediction is correct is 8.11% in European Roulette and 7.89% in American Roulette.

– Corner bet: Also called a four-number or square bet, the corner bet is a bet on four numbers that meet at a corner. You simply place the chip on a corner, for example at the point where numbers 13-14-16-17 meet. If the ball drops on one of these numbers, your payout is 8 times your stake. The probability of this happening is 10.85% or 10.53%.

– Double Street bet: Also, called a six-line bet, this bet covers two adjacent rows. It gives you a 5 to 1 payout and the odds of winning are 16.22% when playing European roulette and 15.79% at American roulette tables.

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Roulette outside bets payouts

– Red or Black bet: This is a bet on the colour with a payout of 1 to 1. In French, this bet is called ‘rouge ou noir’ (red or black). It’s a popular bet as its simple, has decent winning chances and allows you to double your money if you guess the outcome correctly. The odds of winning this bet are 48.65% in the game of European roulette and 47.37% on American roulette, which is lower because it has both a single zero (0) and double zero (00) which are coloured green.

– Odd or Even bet: This roulette bet is quite similar as the bet on a colour as it offers the same payout and odds. Keep in mind that the 0 and 00 are neither odd or even – and just like the colour bet this outcome will mean that you lose your bet.

– Low or High bet: Again, this bet is similar to the ‘odd or even’ and ‘red or black’ bets. It offers the exact same probability and potential payout. If you place a bet on the low numbers you place a bet on any of the numbers from 1 to 18. A high bet covers numbers 19 to 36.

– Dozen bet: This bet allows you to bet on the first dozen (numbers 1-12), second dozen (13-24) or third dozen (25-36). Each bet thus covers 12 numbers. The odds of winning this bet are 32.43% on European roulette and 31.58% on American roulette and the payout is always twice your stake.

– Column bet: This bet is similar to the Dozen bet as it has the same probability and payout. Just like the Dozen bet, the Column bet covers 12 numbers as well. However, this time you choose a vertical column of 12 numbers.

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Find the right roulette bet

Now that you know all the different bets and payouts of the roulette game, you can create a possible strategy for when you start playing. Of course, you can also follow your own intuition when you take a seat behind the roulette table. Online gambling becomes much more fun when you know to avoid the bad bets of casino games.

Don’t forget that the casino always has an advantage in online gambling. The chances that you will lose money are greater than you will win money, which also counts for roulette. However, by learning the different bets, payouts and mathematical probability of roulette, you can hopefully improve your chances a bit.

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Play roulette online now!

Want to place a couple of bets at the roulette table? At our top Canadian online casinos you are more than welcome to do so! These reliable, fully licenced online casinos offer a great selection of different roulette games. You can play American, European or French Roulette, or go for games like Immersive Roulette or Double Ball Roulette in the live casino. Of course, if you get tired from roulette, you can also play other table games or video slots.

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