Online roulette truly is a game of chance, and you will always need Lady Luck on your side if you want to take home large roulette payouts. We at AceHoyle.com can’t vouch for Lady Luck’s whereabouts, but we can boost your online roulette gambling experience with our extensive overview on odds and probabilities.

Roulette Odds vs. Roulette Probability

In the world of online roulette gambling, odds and probability mean two different things. Casinos post odds in terms of the total payoff for a winning result as opposed to the true odds. This makes the game seem more positive to the player in this way.An example of this would be a $10 bet on the number 9 in American roulette. If 9 came up on the wheel, the win would yield 35 to 1 odds or $350. This is how the odds are expressed in roulette, but these are not the “true odds” of hitting 9. In reality this would be 1 in 38 which means you have a chance to only win 1 time over every 38 spins. It doesn’t sound too appealing when framed that way does it? Your true odds would be 1 in 38 on the number 9, since the 9 slot is 1 out of 38 equally-designed slots in which the ball can choose to land. This is opposed to 1 in 35 promised to you by online roulette gambling sites as a payout. The difference is all in the green zero slots. Casinos intentionally use the green 0 and 00 on the wheel to their advantage. This will be discussed in more detail in the next section. Roulette probability is a little more straightforward. In this case it would be the chance you have to win on a given spin, expressed as a percentage. , which in this case would be 2.63% to hit 9. This is found by dividing 1 into 38, then multiplying by 100.

Increase Your Roulette Odds: European Wheel vs. American Wheel

When playing roulette, you need to gain the most favorable odds possible. To take advantage of one of the best online roulette strategies, bet the European wheel over the American wheel every single time you play. An American roulette table features 38 numbered slots: the black and red (1-36) and the green (0 and 00). In American roulette, odds of winning on a single number bet are lower than the European wheel. The house edge on every bet at the American wheel is 5.26%. This exists because of the aforementioned (0 and 00) which do nothing for the player, but help the casinos out tremendously. By only paying out 35 to 1 (based 36 total numbers) on a single number win as opposed to 37 to 1 (38 numbers), online casinos create the 5.26% advantage for themselves. On the other hand, the European wheel only features 37 numbered slots: (1-36) and the green (0). This variation of roulette lacks the (00) of the American wheel. This omission now lowers the house edge to only 2.63% in European roulette. Odds of winning on a single number bet are now improved and your money will now last longer. Luckily you don’t have to travel to Monte Carlo to play European roulette. Download it right here at AceHoyle.com’s top online casinos.

Inside Betting Roulette Odds

Inside bets have the highest payoff but also carry the biggest risk. There are a few different ways you can bet the inside. A straight up bet is when you place your chips on only one number. Your odds on the American wheel are only 35 to 1, and this is not one of our recommended roulette strategies. Bets on the single number are still popular however. Players like to attempt this, just for the sheer thrill of trying to win a 35 to 1 long shot. It is common for players to place chips on their birthday date, or a number that is personal to them in this kind of bet. There are many other varieties of inside bets. Here is a list based on American roulette.

• Split bets or two number bets, are when you place a bet on two inside numbers by placing chips in between them on the line. These typically offer roulette payouts of 17 to 1.
• Street bets or three number bets, are when you bet on 3 numbers by placing chips at the end of a row of 3 numbers, or at the intersection of the 0, 00, and 2. They offer roulette payouts of 11 to 1.
• Square bets or four number bets, can also be referred to as corner bets. The bet is placed at the intersection of 4 numbers and offers roulette payouts of 8 to 1.
• 6 Number bets are when you place your chips on the intersection of two 3 number rows. 6 numbers are covered and offers roulette payouts of 5 to 1.

Outside Betting Roulette Odds

Many players choose to wager on the outside layout because the odds are less risky than those of inside bets. They are some of the best online roulette bets that you can make. Here are the various types of bets:

• Group of 12 bet: If you bet on a group of 12 numbers, either (1 to12), (13 to 24), or (25 to 36), you will double your money with a win at 2 to 1 odds. You will also receive the same double roulette payout if you bet a 12 number outside column.
• Every other bet that you have on the outside pays even money or 1 to 1 odds. These include red/black, odd/even, and high/low.

You can practice these various bets at AceHoyle.com, home of the best online roulette downloads. Start collecting your winnings today and don’t forget to incorporate one of our top roulette strategies: Bet the European wheel only!

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