Online Roulette Odds and Probabilities at Fun88

Roulette Odds

Uncover the secrets behind the numbers, learn how to calculate probabilities, and gain valuable insights to enhance your chances of winning. Whether you’re a seasoned player or just starting out, our expertly crafted meta description will steer you towards mastering the art of online roulette and making informed decisions at the virtual table.

What are Online Roulette Odds?

Online roulette odds refer to the mathematical probabilities associated with different outcomes in the game of roulette when played online. In roulette, players place bets on where they think a small ball will land on a spinning wheel divided into numbered compartments. The odds in roulette determine the likelihood of specific bets winning and the potential payout for each bet.

The most common types of bets in roulette include:

  • Straight Bet: Betting on a specific number. The odds for this bet are typically 35 to 1, meaning if you win, you’ll receive a payout of 35 times your original bet.
  • Split Bet: Betting on two adjacent numbers by placing your chip on the line between them. The odds for this bet are usually 17 to 1.
  • Street Bet: Betting on three consecutive numbers in a row by placing your chip on the outer edge of the row. The odds for this bet are typically 11 to 1.
  • Corner Bet: Betting on four numbers that form a square by placing your chip at the intersection where the four numbers meet. The odds for this bet are usually 8 to 1.
  • Red/Black Bet: Betting on whether the ball will land on a red or black number. The odds for this bet are 1 to 1, meaning you’ll receive a payout equal to your original bet if you win.
  • Odd/Even Bet: Betting on whether the ball will land on an odd or even number. The odds for this bet are also 1 to 1.

The odds in online roulette are determined by the number of possible outcomes and the specific bet being placed. By understanding these basic odds, players are guided in making informed decisions and improve their strategy in playing online roulette that help maximize their chances of winning.

Online Roulette Betting Table

roulette betting table

A roulette table consists of two main sections: Inside Bets and Outside Bets. The Inside Bets are located inside the numbered grid, allowing players to place bets on specific numbers or combinations of numbers. The Outside Bets are located outside the numbered grid and offer broader betting options based on characteristics like color, parity, or number range.

The betting table also includes additional sections for special bets, such as neighbors (betting on numbers adjacent to a chosen number) or the racetrack (betting on specific groups of numbers based on their position on the wheel).

Understanding Probability in Online Roulette

understanding probability

The game of online roulette is a favorite among many online casino players because of its easy gameplay and chances of winning. However, when players do not understand the complexities of roulette odds, fail to make good decisions when placing their bets.

To better learn about online casino probabilities, here are some key points and terms that you can consider as a player:

Total Number of Slots

In European roulette, there are 37 slots numbered from 0 to 36, while American roulette has 38 slots with the additional 00. The number of slots directly affects the probability of winning different bets.

Independent Events

Each spin of the roulette wheel is an independent event, meaning the outcome of one spin has no impact on the outcome of subsequent spins. Past results do not influence the probability of future spins.

Probability of Specific Bets

The probability of winning specific roulette odds can be calculated by dividing the number of winning outcomes by the total number of possible outcomes. For example, the probability of winning a straight bet in European roulette is 1/37 or approximately 2.7%.

House Edge

The house edge represents the advantage the casino has over players. In European roulette, the house edge is approximately 2.7% due to the presence of a single 0. In American roulette, the house edge increases to around 5.26% because of the additional 00.

Expected Value

Expected value (EV) is a concept that helps assess the long-term profitability of a bet. It is calculated by multiplying the probability of winning by the potential payout and subtracting the probability of losing multiplied by the amount wagered. A positive EV indicates a potentially profitable bet, while a negative EV suggests a disadvantageous bet.

Betting Strategies

Various betting strategies, such as the Martingale or Fibonacci systems, are often employed in roulette. While these strategies may alter the risk/reward dynamics, they do not change the underlying probabilities. It’s important to understand that no strategy can guarantee consistent winnings in the long run due to the house edge.

American Roulette Vs. European Roulette Probabilities

american vs european roulette

American Roulette and European Roulette differ in terms of the number of slots on the wheel, which affects the probabilities of different outcomes. Here is a comparison of the probabilities for both variants:

European RouletteCategoryAmerican Roulette
0-36Total Number of Slots0-36 (and an additional 00)
Probability of winning is 1/37 or approximately 2.7%.Straight Bet
(betting on a specific number)
Probability of winning is 1/38 or approximately 2.63%.
Probability of winning is 18/37 or approximately 48.6%.Red/Black Bet
(betting on the ball landing on a red or black number)
Probability of winning is 18/38 or approximately 47.37%.
Probability of winning is also 18/37 or approximately 48.6%.Odd/Even Bet(betting on the ball landing on an odd or even number)Probability of winning is also 18/38 or approximately 47.37%.
Probability of winning is 12/37 or approximately 32.4%.Column Bet
(betting on a vertical column of numbers)
Probability of winning is 12/38 or approximately 31.58%.

From the probabilities, you can observe that European Roulette offers slightly better odds for players compared to American Roulette. The presence of the additional 00 pocket in American Roulette increases the house edge, resulting in slightly lower probabilities of winning for various roulette odds and bets.

It’s important to keep in mind that these probabilities represent the long-term average likelihood of winning, but individual outcomes can still deviate significantly from these expected values due to the random nature of the game.

Roulette Payouts for Inside Bets

Inside bets in roulette offer higher payouts compared to outside bets, as they involve betting on specific numbers or small groups of numbers. Here are the common inside bets in roulette and their corresponding payouts:

  • Straight Bet: Betting on a single number. Payout: 35 to 1.
  • Split Bet: Betting on two adjacent numbers by placing your chip on the line between them. Payout: 17 to 1.
  • Street Bet: Betting on three numbers in a row by placing your chip at the outer edge of the row. Payout: 11 to 1.
  • Corner Bet: Betting on four numbers that form a square by placing your chip at the intersection where those numbers meet. Payout: 8 to 1.
  • Basket Bet (available in American roulette): Betting on the numbers 0, 00, 1, 2, and 3 by placing your chip at the corner shared by 0 and 1 or 00 and 3. Payout: 6 to 1.
  • Line Bet: Betting on two adjacent rows of numbers, covering six numbers in total, by placing your chip on the outer corner shared by the two rows. Payout: 5 to 1.

These payout ratios indicate the amount you will win relative to your original bet. For example, if you place a straight bet of $10 on a specific number and win, you will receive a payout of $350 ($10 x 35).

Roulette Payout for Outside Bets

Outside bets in roulette cover larger groups of numbers and offer lower payouts compared to inside bets. Here are the common outside bets in roulette and their corresponding payouts:

  • Red/Black Bet: Betting on the ball landing on a red or black number. Payout: 1 to 1 (even money).
  • Odd/Even Bet: Betting on the ball landing on an odd or even number. Payout: 1 to 1 (even money).
  • Low/High Bet: Betting on the ball landing on a low number (1-18) or a high number (19-36). Payout: 1 to 1 (even money).
  • Dozen Bet: Betting on one of the three groups of 12 numbers (1-12, 13-24, or 25-36). Payout: 2 to 1.
  • Column Bet: Betting on one of the three vertical columns of numbers. Payout: 2 to 1.

Outside bets have higher probabilities of winning compared to inside bets, but the payouts are lower. The even-money bets (red/black, odd/even, low/high) have a payout of 1 to 1, meaning if you bet $10 and win, you will receive a payout of $10, effectively doubling your original bet.

For the dozen and column bets, which cover larger groups of numbers, the payout is 2 to 1. If you bet $10 on a dozen or column and win, you will receive a payout of $20 ($10 x 2).

Note that these payouts are based on the standard roulette variant, such as European roulette. Different roulette variations or specific casino rules may slightly alter the payout ratios. Always check the payout structure and rules of the specific online roulette game you are playing for accurate information.

The Worst Odds to Bet On

Some of the basic roulette odds that players bet on can come out to be the worst odds to play because they have the lowest probability of letting you win. This happens because some of them offer higher payouts but winning from it is significantly low. Here are the bets that you should seldomly put your wager on:

  • Straight Bet: Betting on a specific number has the highest payout of 35 to 1, but the odds of winning are only 1 in 37 or 1 in 38 (depending on the roulette variant). This means that the house edge is quite high for this bet.
  • Basket Bet: This bet is available in American roulette and involves betting on the numbers 0, 00, 1, 2, and 3. The payout for this bet is typically 6 to 1, but the odds of winning are only 5 in 38, making it a less favorable bet.
  • Top Line Bet: Another bet exclusive to American roulette, the top line bet involves wagering on the numbers 0, 00, 1, 2, and 3. While it offers a higher payout of 6 to 1, the odds of winning are only 5 in 38.
  • Five Number Bet: This bet is available in American roulette and covers the numbers 0, 00, 1, 2, and 3. It has a payout of 6 to 1, but the odds of winning are only 5 in 38, making it a less favorable option.

Observe that these bets have higher payouts because they are riskier and less likely to win. The house edge is higher for these bets compared to others with better odds. It’s generally advisable for players to focus on bets with higher probabilities of winning, such as red/black, odd/even, or column bets, as they offer better chances of success in the long run.

FAQs

Understanding online roulette odds is important as it allows players to make informed decisions, manage their bankroll effectively, and assess the potential risks and rewards associated with different bets.

Bets on individual numbers (Straight Bets) offer the highest roulette odds, but they also come with the lowest probability of winning.

Yes. But while it is possible to have short-term winnings in playing roulette, in the long run, the house edge ensures that the casino has an advantage, making it difficult to consistently generate profit.

An inside bet in roulette is a wager placed on specific numbers or small groups of numbers within the numbered grid on the betting table.

Conclusion

Understanding the probabilities in Fun88 online roulette provides players with valuable insights into the likelihood of different outcomes that enable them to make more informed decisions. Though winning is not always promised, knowing about these things can help improve their gameplay and enjoy the entertainment that it provides a player. 

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