Roulette Odds Payout Calculator

Most of us might not realize, but we actually start learning how to gamble while we were still kids. Do you remember playing millionaires game or a game of monopoly? These are just some games of chance that we used to play when we were still kids. However, we only used fake money when playing these games. When playing roulette, real money is involved, so players need to a roulette odds calculator to determine their chances of winning in a game.

• 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.
• This Bet Calculator allows bettors to calculate the potential Payout for any single bet and has a simple ‘Add Odds’ function to calculate the Payout for a multiple bet. It might be one of the most basic calculations in betting but using the Bet Calculator above will help bettors enhance their understanding of what betting odds represent.

The game is mostly up to chance, but you can use a roulette odds calculator online for some estimates. Some people believe you can calculate the different odds and winnings in a game of roulette using statistics. Online roulette calculators can give players an idea of what their winnings will be. Understanding the game is key to winning at it. A Dozen is a bet on the first, second, or third set of 12 numbers featured in roulette games with two to one odds. Roulette Payout Chart. With those bet definitions in mind, use this chart to calculate your odds and payouts in roulette. The odds of hitting a single number with a straight-up bet in American roulette are 37 to 1 because there are 38 numbers (1 to 36, plus 0 and 00). Nevertheless, the house will only pay out 35 to 1 on winning wagers, with equivalent odds for combination bets payouts.

You Can Definitely Win

Can one really win in a casino game like roulette? The answer to that question is quite easy. Think about this, casinos cannot continue operating if they don’t have regular patronage. Gamblers on the other hand, will only patronize casinos if they see or they themselves have actually won. So the answer to the question is definitely a YES.

Roulette Odds Payout Calculator

The only problem a gambler faces are the odds. The odds of winning a game and taking home the jackpot. Roulette can most likely be considered as the easiest game available in a casino when you look at the rules of the game. Players of the game simply need to select a number and place their bet on that particular number, while hoping the ball would fall stop on the number they have chosen once the wheel stops.

Familiarize Yourself with the Odds

A roulette player who sees what the roulette odds calculator are showing will definitely have a greater advantage when playing a roulette game. Aside from knowing a strategy that one can use for playing, it is necessary to have at least the basic knowledge of playing the game. In fact, this bit of information can guide you in selecting the right strategy when playing the game.

There are components of the game which can actually affect a player’s chance of winning in a game of roulette. A good example is the type of roulette wheel being used. An American roulette wheel and European roulette wheels do not have the same number of slots. There is an additional slot on the American roulette wheel and this obviously gives a higher house edge. A higher house edge means lower odds for winning on the part of the player.

The same thing goes for betting. You can employ inside and outside betting, but remember that your chances of winning for inside bets are lower and you get a higher payout should you win. On the other hand, outside bets have the highest odds for winning but the payouts are smaller. What a player must look for is to consistently win to make sure the earnings are increased.

Even if you know how to look into the roulette odds calculator, try not to be overconfident. Roulette is still a form of gambling and thus, very unpredictable. It can also become addicting. Several people have actually requested to ban themselves from casinos to get rid of their addiction. Roulette can be a fun game to play once in a while, as long as you have enough money to spend.

You and your staff can practice and quantify your knowledge of Roulette Payoffs. Developed for me by Dale S. Yeazel, Casino Games Teacher, youll find the practice tests easy to navigate.

In my Game Protection Classes I describe Roulette payoffs as one of my two choices where $100.00 a day could easily be stolen. There is no other table game where 5 different sets of odds could be attached to one number. Each set of odds has to be calculated mentally and then added to create the total payoff. In many cases, the total payoff then has to be divided into a combination of Roulette Cheques and Value Chips. Easy for dealers to make mistakes. To help you learn, here are the correct payoffs for a standard American style roulette wheel.

ROUELTTE KEYS: These payoff keys will be helpful when learning to calculate payoffs.

Straight Up 35 to 1 If there is an Even Number of cheques on a number, the Key is; Divide the Even Number by 2 Multiply that number X7 Add a 0

Example: 12 Cheques Straight Up 12 ./. 2 =6 6 X 7 = 42 Add 0 = 420
If there is an Odd Number of cheques on a number, the Key is (remove the ODD Cheque); Divide the Even Number by 2 Multiply that number X 7 Add a 0

Example: 17 Cheques Straight Up 16 ./. 2 = 8 8 X 7 = 56 Add 0 = 560 + Odd cheque 560 + 35 = 595

Splits 17 to 1 If there is an Even Number of cheques on a Split bet, the Key is; Pay the Bet like a Blackjack 3 to 2 Add a 0 Then Add Double the Number of cheques on the Split Bet

Example: 12 Cheques Split Bet 12 pays 18 add 0 = 180 + 12 x 2 = 24 24 + 180 = 204

Splits 17 to 1 If there is an Odd Number of cheques on a Split bet, the Key is; (remove the ODD Cheque) Pay the Bet like a Blackjack 3 to 2 Add a 0 Then Add Double the Number of cheques on the Split Bet Add 17 for the Odd Cheque

Example: 15 Cheques Split Bet 14 pays 21 add 0 = 210 + 14 x 2 = 28 28 + 210 = 238 + 17 = 255

Street Bet 11 to 1 If there are 10 cheques or less on a Street Bet, simply multiply by 11. For any Number of cheques greater than 10 on a Street bet, the Key is; Add the two digits together and insert the answer between them. Example: 12 Cheques Street Bet 1 + 2 =3 (insert 3 between 1 2) = 132

Example: 25 Cheques Street Bet 2 + 5 =7 (insert 7 between 2 5) = 275

To Start: Click on One of the following drop downs;

HINT: For surveillance personnel, dont be afraid to use a calculator at first to learn the payoffs. Next try to Dope It Out. To Start: Click on One of the following drop downs

• The Works
• Corners Splits Straight Up
• Splits Straight Up
• Corners Splits
• Line Streets

NEXT: Click on New Bet (The winning number is always 17)
Calculate the Total Payoff

Roulette Odds Payout Calculator Game

Click of the center White Box & enter your answer
Click on Answer

Roulette Odds Payout Calculator Online

If your calculation is not correct, youll see a WRONG! message and the Correct Payoff. To continue, Click New Bet.

Enjoy & Learn