How To Figure The Odds. The actual odds for house advantage in roulette are calculated as follows: Single Zero Roulette. Double Zero Roulette. (35 - 36)/37 x 100 = -2.70%. (35 - 37)/38 x 100 = -5.26%.
- Roulette Single Number Odds Explained
- Betting Odds At Roulette
- Roulette Single Number Odds Genesis Open
One question I get sometimes is whether there is some pattern to the number sequence in roulette. There is no simple rule of thumb that would help one memorize the order. Both major types of wheels, single- and double-zero, try to have a good balance of high & low and odd & even numbers in any given sector of the wheel. If you hit 6 Pence (numbers 31-36) you will be paid five chips and your profit is one. Add that one chip to your single bet covering 31-36 and place a single chip on 29, 5, 8 and 21. If you hit a number straight-up, double your bets to two chips each so you have 10 chips total in action. The Roulette odds for the single zero wheel would then be 2.63% (1 out of 37). For double zero it would be 2.70% (1 out of 38). But the odds for the other bets and wagers are affected as well. The following are the bets, payouts, and the Roulette odds for the single zero and double zero wheels.
The 6 Pence roulette system is designed to cover much of the roulette wheel head with bets, six of which are covered with a single chip. The player will most likely have five chips in action on a single zero, or double zero wheel, but the number groups bet will be different.
There is no spin logging or waiting to get the first bet out, such as with theLabouchere system, but a pad and pencil can be helpful to make sure you bet the correct numbers and log your previous bets. Many gambling systems force the player to wait for a specific starting point, but that can be boring. Paypal gambling usa.
With the 6 Pence system you place at least five chips on the roulette layout each spin. This is not a weighted system with an even denomination on each number. Instead the idea is to cover many numbers, often doing no more than breaking even on a spin and then enjoying the times straight-up bet hits. When that happens, bets are increased slightly so any winning streak is taken advantage of.
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Excitement Factor
This roulette system causes a lot of continuing excitement because bets are evenly spaced along the wheel, so the ball will always land within two pockets of one of your bets. This makes every spin fun and has a tendency to make the occasional player go bonkers.
As the aim is for at least a dozen bet units to start the system, players will want to purchase a color of low-denomination chips. At five bets per spin you'll need 5 x 12 = 60 chips to begin. An overall bankroll of 180 chips is suggested to give you a chance to get into the rhythm of the game and enjoy some winners. If the first round of 60 chips goes quickly you'll have to make your own decision as to continue immediately or take a break and try again later.
Because the order of numbers are different on aEuropean wheelwith a single ‘0' and aNorth American wheelwith double ‘00', two different number groups follow. Each takes advantage of betting six numbers with a single chip and four numbers straight-up.
How to Play the 6 Pence Roulette System
6 Pence refers to making six numberbets along the inside of the layoutwith a single chip. Your bet will cover six numbers, such as 31-36, by placing a single chip bisecting the numbers 31 and 34 and half your chip into the 3rd12 section. You won't actually have a bet on the 3rd12 section, that's just where the chip goes.
In addition to that single chip, you also want to bet four numbers straight-up and, to keep the entire wheel covered in a systematic and even fashion, those numbers need to be plus 29, 5, 8, and 21.
First Spin
On that first spin you have action on ten numbers – 31, 32, 33, 34, 35, 36, 29, 5, 8 and 21 – with a total bet of five chips. If you hit 6 Pence (numbers 31-36) you will be paid five chips and your profit is one. Add that one chip to your single bet covering 31-36 and place a single chip on 29, 5, 8 and 21. If you hit a number straight-up, double your bets to two chips each so you have 10 chips total in action.
Second Spin
If you didn't hit a number on the first spin, start in the basement with a single chip covering the same six numbers and a chip on each of the same corresponding four singles. If you miss all numbers, make another single-chip wager (total bet of five chips) on each of your bets. If you hit a 6 Pence (numbers 31-36) then add one more chip to that wager (you'll have 3 chips on the bet covering six numbers) and drop down to a single bet on the four others (29, 5, 8, 21).
Third Spin
If you don't hit a number, start in the basement again. Stay with the same group of numbers if you have yet to hit a winner. If you have already hit back-to-back winners and then missed a spin, consider moving to another 6 Pence group.
After the third spin, anytime you hit a 6 Pence number you should raise that bet by a chip. Anytime you hit a number straight up, raise the 6 Pence bet one chip and the chips on your straight up bets one chip. Continue this until you miss a winner and start in the basement again or quit when you reach your target goal, usually 120 or 180 chips.
The fun of this system is that the player is able to cover 10 numbers each spin and the ball will always land within two spaces of one of your numbers. This makes playing very exciting. Use the straight up numbers with the corresponding 6 Pence bets for your selected wheel.
Single Zero European Wheel
Bet 6-Pence 10-15 plus numbers 16, 18, 2 and 34
Bet 6-Pence 19-24 plus numbers 34, 36, 28, and 26
Bet 6-Pence 22-27 plus numbers 11, 20, 28, and 19
Bet 6-Pence 25-30 plus numbers 19, 5, 1, and 8
Bet 6-Pence 31-36 plus number 29, 5, 8 and 21
Double Zero North American Wheel
Bet 6-Pence – 1 through 6 and numbers 8, 10, 20 and 26
Bet 6-Pence – 4 through 9 and numbers 10, 13, 14 and 15
Bet 6-Pence – 10 through 15 and numbers 16, 17, 18 and 28
Bet 6-Pence – 13 through 18 and numbers 11, 12, 27 and 28
Bet 6-Pence – 19 through 24 and numbers 1, 2, 25 and 26
Bet 6-Pence – 28 through 33 and numbers 00, 22, 24 and 35
Bet 6-Pence- 31 through 36 and numbers 0, 00, 29 and 30
You'll want to bet only one 6 Pence combination at a time and stick with it until you book a string of winners followed by a miss, or until you decide to quit.
Any bankroll considerationsare obviously up to each individual player, but you should always have at least two or three 60-unit bet buy-ins before starting. In addition, the amount of winning units to quit at is subjective. Because you are willing to risk three 60-unit buy-ins, a good win should be a similar amount of 180 units.
In sticking with the idea that you should maximize your wins, on those great occasions when your numbers continue to hit, give yourself a stop-gap end point. In this situation you have an unlimited win point, but each time you crest a new high, you raise you low or end point. When you get to 200, you keep playing but set 150 as a point where you must quit. When you crest 250, you set 200 as your new low point where you must quit if you fall back to that amount. Continue in a similar manner to maximize your win – and then quit when you fall back to a low point.
A trick for not spending your bankroll after leaving the casino is to take the higher denomination chips with you. Casinos do not allow you to take the roulette colors home, but the other chips should be fine. In fact, many people save a chip or two for their ownchip collections.
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.
This post wants to cover roulette payouts in some degree of detail, though, including how much each bet pays off.
More importantly, I want to explain how the croupier is able to calculate payouts for roulette so quickly. Guess what? They have a system for that.
Payout Odds in Gambling
When you're gambling on something, you get paid off using odds. Some games offer even odds, which means that if you bet $100, you win $100 when you win.
Most games, though, have various payouts for various kinds of bets.
The top jackpot on a video poker machine pays off at 800 for 1.
And that's an important distinction. There's a big difference between a payoff of 800 for 1 and a payoff of 800 to 1.
With table games like roulette, the payoffs are in the form of 2 to 1, 3 to 1, 35 to 1, etc.
This means that if you win the bet, you get to keep the amount you bet, and you get the winnings along with it.
If you bet $100 on a single number at the roulette table and win, you get a payoff of $3,500. But you also get to keep your $100. Patron saint of luck and fortune.
With gambling machines, payouts are made on a 'for' basis instead of a 'to' basis. This means your winnings are traded for what you risked.
If you bet $5 on a slot machine and win a $10 payout, you don't get your $5 back on top of that.
This is an important distinction you should make. Most gamblers don't stick just with roulette, so if you're going to play other games — and you probably will — you should understand how that works.
Specific Payouts in the Game of Roulette
In roulette, you have a huge variety of bets you can place. You bet on a single number. Or you can bet on two numbers — if either of those numbers come up, you win. Or you can bet on three numbers, and if any of those three numbers come up, you win.
The more likely it is for you to win, the lower the payout is.
A bet on black wins almost half the time. The payoff for that bet is only 1 to 1, or even money.
A bet on a single number pays off at 35 to 1, which is a big payoff, but it also only wins 1 out of every 38 spins on average.
The Difference Between the Odds of Winning and the Payout Odds
The casino makes its money from the difference between the odds of winning and the payout odds.
You know how you can express the payout on a bet as odds?
35 to 1 is an example of how you'd express a payoff on the single number bet.
The odds of winning can also be expressed in the same way.
On a standard American roulette wheel, you have 37 ways to lose a single number bet and only one way to win.
This means the odds of winning are 37 to 1.
Since the odds of winning are lower than the payoff for the bet, the casino makes a profit in the long run.
Once out of every 38 spins, they'll pay off a single number bet, but they'll only pay off 35 to 1 on that bet. The rest of the money goes into the casino's pocket.
The casino deals in long-term averages, especially when it comes to roulette.
Roulette Bets and Their Payoffs
Here's a list of bets you can make at the roulette table and how much each of them pays off.
The Outside Bets
These are the bets on the outside of the betting surface, and they're the bets that pay off the most often. As a result, you win less with these bets.
Here are the outside bets you can make:
- Red(or Black) – You can bet on the color of the number, and the payout is even money — 1 to 1
- Even (or Odd) – You can bet that the number will be even or odd, and the payout is again even money — 1 to 1
- Low (or High) – You can bet that the number will be 1-18 (low) or 19-36 (high). The payout is even money on this one, too
- Columns – The numbers on the betting surface are organized into three columns. You can bet that the ball will land on one of the numbers in that column. The payoff, if you guess right, is 2 to 1
- Dozens – The numbers can be divided into 1st third (1-12), 2nd third (13-24), and 3rd third (25-36). If you guess right, you get a 2 to 1 payout
On all these outside bets, 0 and 00 count as losses. Those numbers are green, and they're not considered even or odd, high or low.
The Inside Bets
These are the bets on the inside of the betting surface. They pay out better but have a bigger chance of losing.
Here are the inside bets you can make:
- Straight Up – This is a bet on a single number and pays off at 35 to 1
- Split – This is a bet on two numbers that are next to each other. It pays off at 17 to 1
- Street – This is a bet on three numbers, and it pays off at 11 to 1
- Corners – This is a bet on four numbers, and it pays off at 8 to 1
- The 5-Number Bet – You can only bet on 0, 00, 1, 2, and 3 if you want to bet on five numbers, and it pays off at 6 to 1. This is the only bet on the roulette table with a different house edge from the other bets — 7.89% (the other bets have a house edge of 5.26%)
- Line – This is a bet on six numbers and pays off at 5 to 1
Roulette Single Number Odds Explained
All these bets would be a break-even proposition in the long run IF the wheel didn't have a green 0 and a green 00.
How the Croupier Makes the Payouts So Quickly
The first thing the croupier does after the decision is to clear all the losing bets off the roulette table. Since he's intimately familiar with the layout of the betting surface, this doesn't take long at all.
Also, all the players at the roulette table have chips that are specifically colored so that they have the same color. You can't use the roulette chips at the other table. This enables the croupier to tell your bet from someone else's. It's the color of the chips.
To calculate the payouts, you just multiply the bet by the payout odds.
If someone bet two chips on a single number and it won, you'd multiply 2 by 35 and get 70. That's how many chips you'd give the player in winnings.
He doesn't really have a magical system, either. He knows the payouts for the various bets, and he's able to do the multiplication in his head. It's easy multiplication, but even if it weren't, he'd eventually just be able to memorize the correct payout relative to the number of chips bet.
Also, he doesn't really think of the chips as money. They're just betting units.
Can Any of This Information Help Me Win at Roulette?
Betting Odds At Roulette
Naw.
Roulette's a negative expectation game.
You might get lucky in the short run, but if you play long enough, the math behind the payouts will eventually reduce your bankroll to 0.
Roulette Single Number Odds Genesis Open
Conclusion
And that's how to calculate roulette payouts. You just memorize which bets are possible and how much they pay off. Once you know that, calculating the payouts is just a matter of multiplication.
Croupiers are able to do it quickly because they do it all day every day.
I'm able to make change in my head because I worked for years on cash registers that didn't calculate change. I know how to subtract from 100 without any effort at all.
Calculating roulette payouts is a similar skill.
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