Roulette Odds – The House Edge

Roulette Odds
by Staff

Ever wondered what the odds are on on a bet on the roulette table? In this article, we will explain just that along with the probability of each wager winning and the house edge for each.

Betting on Red or Black: Pays even odds. The probability of the ball landing on a black number is 47.37%. The house edge on this wager is 5.26% (1/19).

Even or Odd: Pays even money. The probability of the ball landing in an even or odd spot is 47.37%. The house edge on this wager is 5.26%. Some think this is a 50/50 proposition, but that is untrue due to the 0/00.

1-18 and the 19-36 bet: Pays even odds. Winning probability is 47.37%. House edge is 5.26%.

1-12, 13-24 and 25-36: These wagers pay out at 2-1 odds. The higher payout is due to the less likely this wager has of hitting as a winner. The probability drops to 31.58% but the house advantage stays the same at 5.26%.

Six Number Combination: This wager pays 5-1. The probability of a 6 number combo hitting is 15.79%. The house advantage is the standard 5.26%.

0, 00, 1, 2, 3, Combination: This bet pays 6-1. House advantage is 13.16%. The house edge jumps to 7.89% with this bet.

Four Number Combination: Pays 8-1. The probability of hitting this bet is 10.53%. The house advantage is 5.26%.

Three Number Combination: Pays 11-1. While this bet pays more, it hits less at only 7.89%. As with most roulette bets, the house advantage is still 5.26% though.

Two Number Combination: Pays 17-1. The probability of this bet is 5.26%. The house edge is the standard 5.26%.

Any One Number: This bet is the most exciting on the table and pays 35-1. The probability is low at 2.63% but the house edge is the standard 5.26%. With all that being said, we have often times seen the same number hit 2x in a row!