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Computing Roulette Payouts
The payout in roulette is the amount that the player wins as a multiple of his wager, should his wager win. The payout is expressed as X to 1, where X is a number. If the payout is 8 to 1 and the player wagers $1 then he will win $8. In addition he will be returned his wager of $1. If the payout is 5 to 1 and the player wagers $5 then he will win $25. In addition he will be returned his wager of $5. Roulette has many different types of bets and they have different payouts. Different online gaming software providers have different methods of indicating the payouts. However regular roulette players should know the payouts pat so that they can conveniently plan their betting strategy, without having to locate the payouts in the casino software.
Roulette is a game in which the payouts are based on the mathematics of the game and the mathematics is very simple. Therefore it is not essential to learn the payouts by rote but to understand the underlying principle. Then the payout for any bet can be computed in a matter of seconds.
The first thing to understand is that the 0, and in case of American roulette the 00 as well, does not figure in the calculations. It is as if they do not exist and the game is played with only 36 numbers. The 0 and the 00 only create the house edge and if they are called then all bets lose.
The column bet is used to describe in detail the process of calculation of the payout. The 36 numbers are laid out in three columns of 12 numbers each. A player who wagers on any one column wins if any of the 12 numbers in the column are called. He loses if any of the other 24 numbers are called. The payout is the ratio of the ways of losing to the ways of winning. In the column bet this is 24 to 12. The payouts are expressed in the simplest ratio. Hence the payout is 2 to 1. What this means is that if the player wagers $2 on any one column and wins he will get $4 plus his original wager of $2.
A brief computation of the payouts of some of the other important wagers is described below:
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