What Is The Payout In Roulette
The casinos online you'll find reviewed and recommended by our experts will clearly display both a minimum and maximum win. This typically ranges from one dollar or euro all the way up to thousands and sometimes hundreds of thousands. While some players see a maximum payout as the online casino being cheap or stingy, it's actually often a safeguard to prevent excessive high-stakes problem gambling. At CasinoEuro for instance, their €1,500 limit means the most expensive straight bet a player can place is €30.
Calculating Bet Payouts
For instance, if you bet on 0 on a European roulette wheel, the odds against you winning are 36/1. The expected value on a $1 bet is -$0.027 on a European roulette wheel. If you bet on 0 or 00 on an American roulette wheel, the odds against you winning at. Payout is an expected amount of money that the player can get based upon the bet placed. Payouts in online roulette are as in any other gambling game dependent upon the probability of a number coming up. Single numbers (like Straight-up bet) provide very attractive payout of 35 to 1, but a straight-up number bet wins very rarely and the roulette odds are very small. Roulette Odds and Payouts This page explains the various roulette odds and bets for both American double zero and European single zero roulette. Below is a quick reference chart.
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. When looking through roulette payouts, if you're betting on red/black, it pays 'even money 1:1' and same with betting even/odd. But if you're betting '12 numbers' the payout is 2:1.
To calculate maximum payouts to maximum bets, start with 37 in American roulette, or 36 in European roulette, and divide the number of squares you are betting on. Subtract one from this number and you now have your payout rate.
What Is The Payout On 00 In Roulette
- Example: You bet on a street, three numbers, so 37 divided by three equals 12.3 repeating, subtract one and we're left with 11.3, which of course the casino rounds down to 11. So betting on the street pays 11 times on your bet.
Roulette Payout Calculator
Now knowing how to calculate a payout, should a casino say the max is $2,000, the highest straight single number bet would be around $57 in American roulette. Of coursing, betting that high on the rare chance of your number hitting is a highly risky bet except for those with extensive bankrolls. Players have less then a three percent chance at winning a straight bet.