These numbers are 1 to 36, along with 0 and 00. This wheel consists of 38 numbered pockets ideally spread around the wheel. Let’s take the example of the American double-zero wheel first. Mixing up the roulette odds and roulette probabilities is very common. The roulette house edge is therefore 2.70% In the case of the red or black bet, the payout on either outcome is 1:1, but the chances on the respective outcomes are 48.65% for landing on a red number, 48.65% for landing on a black number, and 2.70% for landing on the green zero. Since we omit the zero in the calculation of payouts, the will always be a slight difference in the roulette odds and the roulette payouts. The 1.4% is called the House Edge, the casinos' fee for running the game, employing dealers, and entertaining guests that aren’t gambling at the moment, and it exists because of the green zero on the roulette wheel. However, when you look closer at the roulette odds table, you see that while the payout is 1:1, the probability of winning the bet is only 48.6% so where did the other 1.4% go? The roulette odds are seemingly 50-50 for both outcomes, and the bet payout would be 1:1 you get double your money back. The red or black bet means that you can bet on one of the colors, let’s say red, and if the ball stops on any of the red numbers, you win, and any other color will lose. The most classic bet in roulette is the red or black bet.

Odds on double zero roulette