Profitability is central to all gambling operations, land based or online. Here, the house edge kicks in. It’s a statistical advantage the gambling operation holds over the bettor. The house edge earns a percentage profit for the casino and decides the payouts for the bettor.
The house edge is not constant across two games. It’s high in some, and low in others. The casino roulette is one game that offers low house edge and high payouts, and of course the adrenaline rush that’s typical of a game of chance. Need more food for thought? Here’s it.
Roulette odds:
The world over, players fancy their chances of a big payday with roulette game. They get more favorable odds in roulette vis-à-vis Slots, Wheel of Fortunes and other popular casino fares.
Table 1: A comparison of house edges across popular casino games:
| Games | House Edge |
| Craps | 0.60 to 1.2 percent |
| Roulette | 1.35 to 7.69 percent |
| Video Poker | 5 to 0.5 percent |
| Pai Gow Poker | Starts at 2.5 percent |
| Blackjack (Single Deck) | Starts at 1.5 percent |
| Wheel Of Fortune | 11.2 to 24.07 percent |
| Baccarat | Starts at 1.5 percent |
| Slots | 1 in 49,900000 approx. |
In roulette, the house edge varies from one variant to the other.
Table 2: A comparison of house edge across popular Roulette variants
| Variant | Numbers on the wheel | Zeros | House edge |
| European Roulette | 37 (1 to 36) | One | 2.70 percent |
| American Roulette | 38 (1 to 36) | Two | 5.26 percent |
| French Roulette | 37 (1 to 36) | One | 1.35 percent |
| Mini Roulette | 13 (1 to 12) | One | 7.69 percent |
The odds are also subject to the type of bets you place in roulette.
Table 3: A comparison of odds based on the bet types
| Bet type | European Roulette | American Roulette |
| Straight bet | 2.70 percent | 2.60 percent |
| Split bet | 5.4 percent | 5.4 percent |
| Street bet | 8.1 percent | 7.9 percent |
| Corner bet | 10.8 percent | 10.5 percent |
| Double Street bet | 16.2 percent | 15.8 percent |
| Column | 32.40 percent | 31.6 percent |
| Dozen | 32.40 percent | 31.6 percent |
| High / Low | 48.60 percent | 47.4 percent |
| Odd / Even | 48.60 percent | 47.4 percent |
| Color (Black / White) | 48.60 percent | 47.4 percent |
The house edge also depends on where you play, online of offline. The online casinos are cost effective to maintain unlike their land-based counterparts that have to incur staff salaries, equipment cost and premises maintenance expenses. That implies the online roulette will fetch you better odds and higher payouts compared to the offline ones.
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