Roulette Payout Calculator
If you are a gaming and gambling enthusiast, then it makes sense to spend some time reading this article. All gambling games are built on the foundations of probability and if you understand and master this basic concept, the chances of winning big money in various online casino games cannot be considered a rare possibility.
How to calculate roulette payouts All the calculations are done for you in our roulette payout guide, so you can find your roulette winnings at a glance. However, if you’re curious about the math. Game Variety Players want to access their favorite games in one place. That's why the best casinos offer a wide selection of games, along with tournaments and Poker Variance Calculator Mtt tables with different bet limits to suit all bankrolls. In a 'row' bet on an American roulette wheel, the odds of you winning at 17/1, and the odds against you winning at 18/1. Again, this means that your expected value on a $1 'row' bet is -$0.053. Whether you like to bet on long shots (0 or 00) or outcomes with better odds (black or red), the house edge is the same - 5.26% house edge on an.
People fail to make big money in gambling, because they do not understand this concept and, even if they understand, they do not implement it properly. While, there are many online games and when it comes to probability, roulette is perhaps the closest as far as probability is concerned.
All bets are placed based on probabilities, and it is all about betting on a number, which has a better probability of winning. It could also be a set of other numbers, colors or various positional groupings, which have a higher chance of roulette payouts.
A Brief Look at Its History
Roulette is a game, which had its origin in France during the 18th Century. It was perhaps a combination of Italian Board Games and English Wheel Games.
It brought together famous English games like Roly-Poly, E.O and ace of hearts and Italian board games such as Biribi and Hoca and that is how Roulette as we know it today took shape. In French, the term Roulette means small wheels.
Roulette Odds Payout Calculator
It is a casino game, where the gamblers must face outside or inside bets. The betting can be done on a single number or a set of numbers. The numbers could be odd or even and the gamblers can also choose black or red colors. The casino employee, who also is referred to as the croupier will be the one, who will take the bets.
He is responsible for the roulette payouts. He has the role of assisting gamers as far as setting the roulette table layout is concerned.
Welcome to our roulette payouts calculator online. Roulette is a game of chance, which means it relies entirely on roulette odds. Therefore, it’s beneficial for all players to know how these odds work before they decide how to bet in roulette online with real money. There are several distinct bets you can place in the game of roulette. Ultimate Roulette Odds Calculator Number of slots on the wheel: 37 (Single-zero) 38 (Double-zero) 39 (Triple-zero) other. Probability of hitting a specific number red black even odd, times in a row.
The croupier spin the wheel in one direction, and this is done to find out as to which the winning number is. The ball will be spun in the opposite direction.
The ball runs around the wheel circumference and once the spinning momentum is lost the ball will fall into one of the many pockets of the wheel. Once it settles in a certain pocket, the winning number will be identified. Now, let me tell a few words about roulette payout calculator app.
Roulette Payout Calculator App
There are basically two kinds of bets, and, as mentioned earlier, they are outside and inside bets. The inside bets basically deal with a variety of numbers, which are decided based on the position of the ball.
On the other hand, when we refer to outside bets, we are looking different positional groupings as far as the pockets are concerned. The color of the pockets and the combination of even and odd numbers are considered.
Something about Payout Odds
The roulette payouts for which betting are done based on the probability or, in other words, the chance as far as a number is concerned. Though, there is an element of good fortune and luck involved in roulette payouts, if the game is played with a good strategy, it is quite likely, that the chances of making money are quite good.
You have to find out ways and means by which you can literally steal the money from the roulette table, because money will not be given to you on a platter. For this to happen apart from other things, you also need to have a reasonably good understanding about roulette odds payout calculator and merge the same with the right strategy.
Understanding the Best Bets
There is nothing such as total luck or total strategy, which will help a person to win big money in a roulette. It is a combination of both, and a lot would depend on how the first wagering was done and how and where the chip was placed on the mat.
As far as payouts are concerned, straight bets have the highest payout yields. This is simply, because they have the most difficult roulette odds payout. When learning, how to calculate roulette payout odds, one should learn more about the straight bet.
This is about picking one number out of 36 and then trying to win out of that number. The players can choose zero or even double zero. The payout ratio is usually 35 to 1. In other words, if you have wagered $20, you can win $700.
Though the returns are fabulous, the odds of winning in 38 chances and this is what you should understand. Only when you have money to burn, should you choose this option. Talking about other casino roulette odds payout on should also have some basic idea of splitting the bet.
This increases the chance of winning and has a much higher p0ayout. It is about learning, how to place the chip between two numbers as far as the board is concerned. If the ball lands on either of these numbers, you will be eligible for 17 is to 1 ratio of payout.
You could even modify it a bit further and opt for corner bet, which is about all the four corners of each number meeting. This will result in 8 to 1 odd, which make the chances of winning that much higher and better.
Opting for Color Bet
The simplest and easiest way to make some money in roulette is to opt for betting on colors, either black or red.
However, roulette payouts are very low here. If you wager $20 and win, you get back $40, which is double but still lower, than other types of roulette payout odds.
Hence, you must spend some time understanding the various types of payout and then decide to move forward. This will take some time, but it is worth it rather, than hurrying through the process and making a mess out of it and ending up losing in the bargain.
Since roulette is a game of chance, there is no way for players to predict with absolute certainty where the little white ball will land on the next spin. Yet, the main goal of all roulette players is to win and get the most from the game with their bets when they join the roulette table. One easy way to achieve this is to manage your bankroll efficiently.
There are several aspects of adequate bankroll management. The most important thing is to determine the size of your overall bankroll, or the amount of money you intend to set aside for a given betting session. The next step is setting a base betting unit for yourself or the amount of money you put on stake per spin.
Less experienced players, who have trouble deciding on the size of their base betting unit in relation to their overall bankroll, can resort to using the so-called roulette betting calculators. The said calculators are available online and often can be used free of charge. The use of these calculators can be especially helpful to players, who are looking to incorporate a specific betting system into their roulette session in order to generate more substantial profits.
Roulette Payout Chart
Calculate the roulette probability of RedBlackOddsEvens(1-12)(13-24)(25-36)StraightSplitStreetSquareSix Line Bet along with the expected return on your betOutcome Probability = | 181212346 Numbers |
37 Total Numbers |
Success Percentage = | 181212346 | x 100 = | 48.64%32.43%2.70%5.41%8.11%10.81%16.2% |
37 |
You Win =
Expected Return on your Bet =
How Does a Roulette Betting Calculator Work?
Using the roulette betting calculators available online is quite straightforward. The calculators aim at indicating what the most suitable base betting unit for a given player will be on the basis of their bankroll size. The base betting unit is the sum players put on stake on each spin of the ball.
It is important to remember that discipline plays a crucial role at the roulette table – the size of the base betting unit is meant to be a fixed constant that players stick to throughout their betting session. Sticking to the fixed unit ensures players are spending the optimum amount of time at the table while still being able to turn a decent profit whenever they experience a longer winning streak.
This is how the online roulette betting calculators work. All players are required to do is enter the exact amount of their bankroll in the respective field and click on the Calculate button. For example, let’s assume you have set aside £200 for a single roulette betting session. The calculator will compute three different betting units using this sum, namely a safe unit, a recommended unit and a high-risk unit. Which one you choose to adopt depends on the type of roulette player you are, more risk-averse player or a high roller.
Many roulette experts recommend players to use a base unit that amounts to 2% of the total bankroll and caution them to steer clear of using a unit that exceeds 5% of the sum, they are planning to spend on a single betting session. Inexperienced roulette players are often advised to stick to base units amounting to 1% of their bankrolls, at least until they figure out what betting strategy works best for them.
Betting Units for £200 stake | |
---|---|
Safe (1%) | £2 |
Recommended (2%) | £4 |
High-Risk (4%) | £8 |
Safe Betting Units
If you enter £200 as the size of your overall bankroll, the calculator will compute that your safe betting unit amounts to £2. This unit corresponds to 1% of your overall bankroll. Sticking to a safe betting unit might enable players to prolong the time they spend at the roulette table. It is recommended for players, who are more cautious with their money and are satisfied with putting relatively small amounts on stake.
However, players who choose a safe betting unit should bear in mind there are maximum and minimum stake limits at landbased roulette tables. Often, it might be impossible to bet only £1 per spin since in landbased casinos, the minimum roulette bets usually start at £5. Nevertheless, this issue can easily be resolved by playing the game online. Many web-based gambling operators offer low stakes roulette variations where it is possible to make bets of £1 or even £0.50. So, if you decide to stick to a safe betting unit, you should consider joining a low stake roulette game from the comfort of your home.
Online Roulette Variations
Playtech Roulette
Microgaming Roulette
NetEnt Roulette
Betting Calculator
Recommended Betting Units
The second unit the calculator will compute is the recommended betting unit. You may notice that the recommended unit always corresponds to 2% of your overall bankroll, regardless of the sum you have initially entered. In our case, the recommended betting unit for a bankroll of £200 would amount to more than £4. This is, in fact, the ideal base unit since it allows players to optimise the time they spend at the roulette table, while at the same time giving them a rush of adrenaline on every spin of the ball.
Also, sticking to the recommended unit may help you minimise your losses in case you experience a longer losing streak since you will not be risking a substantial percentage of your bankroll on each spin. Roulette novices should remember that it is better to settle for smaller wins than parting with their entire bankroll in a few spins by putting heftier sums on stake.
Roulette Payout Calculator
High-Risk Betting Units
The roulette betting calculators available online also compute high-risk betting units, suitable for the type of player, who prefers to bet big and collect greater profits, respectively. The roulette betting calculator has computed a high-risk betting unit of £8 for the bankroll of £200, used in this example. The sum corresponds to 4% of the overall bankroll amount and is considered the highest, yet the safest bet limit in the game of roulette.
American Roulette Payout Calculator
Players, who opt for using higher-risk bet units, are recommended to be careful when putting their funds on stake in order to prevent losing more money they are comfortable with. If you are anxious or get infuriated each time you lose on a spin, this might serve as an indicator the high-risk betting unit is not for you. If that is the case, you should consider reducing the size of your next bets to the recommended bet unit to prevent being tempted to bet too much when you suffer a losing streak.
Determining the Best Base Betting Unit
Online roulette betting calculators predominantly focus on giving players an idea of the best range of units they should put on stake at the roulette table. At the end of the day, it is up to players to decide on the amount they wish to bet per each spin. However, players are recommended to join the roulette table only with money they are comfortable playing with, and potentially losing.
American Roulette Payouts
If the thought of losing a given amount of money per spin makes you sweat with anxiety, you should avoid putting this sum on stake. It is of utmost importance to stick to the limits you have set for yourself and feel comfortable with. Remember the best betting unit for yourself is the one that allows you to maximise the time you spend at the roulette table without causing you to risk a substantial part of your bankroll.
Another thing to take into account is the fact that these calculators are meant to be used solely for reference purposes. In order to find a balance, players are recommended to experiment a little with their base betting units and adjust them until they find a unit they are most comfortable with.
Most importantly, when you have found the betting unit that works best for you, you need to stick to it when you join the roulette table, regardless of what happens. Sometimes, players are tempted to increase their betting units whenever they suffer a lengthy losing streak in an attempt to recoup their losses. However, there is no guarantee the next spin will result in winning, so increasing the bet units dramatically might end up costing you your entire bankroll.
Blackjack Payout Calculator
A Few Words in Conclusion
While online roulette betting calculators are useful in helping players determine the size of their base betting units, the effect they have on your bets winning or losing is equal to nil. In addition, if you search online, you may be able to find a range of roulette calculators that compute the probability of winning with specific roulette bets. Some calculators go as far as “predicting” which the next number to be spun will be.
There is one very important thing to remember, namely the fact there is no relation between the spins. Each spin is independent and does not affect the outcome of the spins that are to follow. This indicates all numbers on the roulette wheel have equal chances of coming up on the next spin, so there is no possible way to predict the outcome with absolute certainty. This practically renders calculators that compute the outcomes on the basis of previous winning numbers useless.
However, calculators that compute betting units might prove to be useful when it comes to players’ money management. But it is up to players decide whether or not they are comfortable with using the betting units, suggested by the calculators.