The two types of roulette wheels are the American 00 wheel, and the European Single 0 wheel. Roulette Wheel Diagram: The Types Of Roulette Wheels So if the house edge is 2.7% and you bet $1, you can expect to lose $0.027 every 37 spins.

The house edge is the advantage the casino has over players.

1:1 payout means you receive 1 chip PLUS your original bet 5:1 payout means you receive 5 chips PLUS your original bet.Roulette Odds and PayoutsĮuropean Roulette Odds (Chance of Winning)Īmerican Roulette Odds (Chance of Winning) The betting limits are significantly higher for outside bets. There are different betting limits for each type of bet. The two main types of bets are “inside” and “outside”. (10) Columns (12 numbers): 2-1 payout (pays your original bet PLUS 2 units). (9) Odds/Evens (18 numbers): 1-1 payout (pays your original bet PLUS 1 unit). (8) Highs / Lows (1-18 or 19-36): 1-1 payout (pays your original bet PLUS 1 unit). The example covers numbers 13 to 24 (the second dozen). (7) Dozens (12 Numbers): 2-1 payout (pays your original bet PLUS 2 units). (6) Colours (18 numbers): 1:1 payout (pays your original bet PLUS 1 unit). (5) Six Line (6 numbers): 5-1 payout (pays your original bet PLUS 5 units).

(4) Square (4 numbers): 8-1 payout (pays your original bet PLUS 8 units). (3) Street (3 numbers): 11-1 payout (pays your original bet PLUS 11 units). (2) Split (2 numbers): 17-1 payout (pays your original bet PLUS 17 units). (1) Straight (1 number): 35-1 payout (pays your original bet PLUS 35 units). Although some bets have better odds, one bet is not more profitable than another. Different types of bets have different odds, but the house edge is on the same on every bet.

Rules of roulette