Updated: October 2023 | Verified for Mathematical Accuracy
Master the odds of the wheel with our comprehensive Roulette Payouts Calculator. Whether you are betting on a single number or covering the table with outside bets, this tool calculates your potential profit and winning probability instantly.
Roulette Payouts Calculator
Roulette Payouts Calculator Formula
Profit = Bet Amount × Payout Ratio
Win Probability = (Successful Outcomes / Total Wheel Slots) × 100%
Source: Wikipedia – Roulette Probabilities, Casino City Standards
Variables Explained
- Bet Amount: The total capital you are wagering on a specific outcome.
- Bet Type: The classification of your wager (Inside vs. Outside), which dictates the payout ratio.
- Wheel Type: European wheels have 37 slots (0-36), while American wheels have 38 slots (00 included).
What is Roulette Payouts Calculator?
A roulette payouts calculator is a specialized tool used by players to determine the financial return on various casino wagers. Roulette is a game of pure probability, and understanding the relationship between the “odds against winning” and the “payout ratio” is crucial for bankroll management.
While the payouts are generally standardized across most casinos, the house edge fluctuates depending on the wheel’s design (Single vs. Double Zero). This calculator accounts for these variables to give you a precise mathematical expectation of your win probability and net profit.
How to Calculate Roulette Payouts (Example)
- Identify your Bet Amount (e.g., $10).
- Choose a Bet Type. Let’s say a “Corner Bet” which covers 4 numbers.
- Determine the Payout Ratio. A Corner Bet pays 8 to 1.
- Multiply: $10 × 8 = $80 Profit. Your total return is $90 ($80 profit + $10 original stake).
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Frequently Asked Questions (FAQ)
What is the difference between European and American roulette payouts? The payouts are actually the same (e.g., 35:1 for a single number), but the win probability is lower on an American wheel due to the extra double zero (00) slot.
What is an “Inside Bet”? These are bets placed on specific numbers or small groups of numbers inside the grid, offering higher payouts but lower odds of winning.
What is the “House Edge” in Roulette? In European Roulette, it is 2.7%. In American Roulette, the extra slot increases the house edge to 5.26%.
Can a calculator help me win at roulette? No calculator can predict the outcome of a spin, but it helps you understand the mathematical value of your bets and manage your risk accordingly.