Betting on the red or the black in roulette. Is this the most famous of all the roulette bets? Probably. It´s been the bet that had the most exposure in films and so on.
The Martingale roulette strategy originates from the 18th century in France and it features even odds payout bets, such as Red/Black. The Double-O-Seven strategy was invented by the author of the James Bond movies and it requires you to spread your bet in a very special way. Dec 09, 2015 Visit for free roulette systems, software and roulette player resources. This video is about the subject: The Best Red Black Bet. Jan 25, 2010 you can place your bet on both, but since a bet on black or red only pays 2 to 1, you will always break even unless it lands on the green zero in which case you lose both, so there is virtually no.
A bet on the red or the black is an even money bet, of course, in that the house pays out 1:1. So if you bet £10 and win, you win £10, plus you get your bet back, so the house pays you £20. You use these bets in all sorts of roulette systems such as the Single Column Even Bets, for example, which combines a red or black bet with a single column bet.
You cover half the table covering numbers like black 6, 17 and 26. actually you don´t- remember there is a 0 pocket on the wheel (assuming you are playing European Roulette), and that takes your coverage down to 48.6%. The difference gives you the house advantage which is 2.6% for European Roulette and 5.2% on American Roulette (spot the obvious- always play European rather than American if you can).
If you play American Roulette, your coverage goes down to 47.4% and the house edge ticks up to 5.2%. (Tip- always play European variants in preference to Amercan).
Many people play red and black bets, and never try out anything else. There´s nothing wrong with that, just remember you get the same odds and table coverage on odd/even and 1-18/19-36 should you want to mix it up a bit. The odds are the same. In fact, the odds are the same for all roulette bets with the exception of the 5 Number Bet which you should avoid.
La Partage
The other thing to look out for, is casinos that play 'La Partage Rule' on even money bets. This tends to be the French Roulette variants. You´ll get half your bet back if you bet on the red (or black) and the ball drops in the zero pocket. This reduces the house edge even further down to 1.3%
The Best Casino and Variant to play red or black bets in roulette?
Referring back to our note on La Partage, you will get most bang from your buck on a French Wheel. Try the French Roulette over at Royal Panda. Many strategies use even money bets like the Whittacker roulette system.
Roulette offers a bewildering number of betting options, but the bets are actually straightforward enough. In order to make sure you get the correct payout, you’ll want to make sure that you put your chips in exactly the right place on the table. Missing a payout because your chip isn’t in the right spot is a drag.
Roulette payouts work like this. The odds are stated in the form of x to 1, which means you’ll win x dollars for every dollar you’ve bet. For example, the single number bet offers a payout of 35 to 1. If you win, you’ll get your dollar back plus the $35 for the win.
Roulette Black Or Red Odds
Payouts on the Outside Bets
On the edge of the table are a series of bets which are “outside” the 38 numbers on the table. Each of these bets refers to a specific set of numbers or colors. If the ball lands on 0 or 00, you’ll lose on any of the outside bets.
The outside bets include:
Red or Black – This bet pays out even odds (1 to 1) if the ball lands on the color you chose.
Odd or Even – This bet pays out even odds (1 to 1) if the ball lands on odd or even, depending on which you chose.
Low or High – This bet pays out even money (1 to 1) if the ball lands on 1-18 if you bet low, or if the ball lands on 19-36 if you bet high.
Columns – The numbers on the layout are organized into three columns of twelve numbers each. A “columns” bet wins if the ball lands on one of the numbers in the column you chose. This bet pays out 2 to 1 when you win.
Dozens – There are 36 numbers on the table, so you can bet on the first dozen (1-12), the second dozen (13-24), or the third dozen (25-36). This bet also pays out 2 to 1.
Payouts on the Inside Bets
You can also bet on specific numbers and sets of numbers on the inside of the layout. These bets win less often, but they pay out more when you do win. The house edge on the inside bets is the same as the house edge on the outside bets.
The inside bets include:
Straight-up – This is a bet on a single number. It pays off at 35 to 1.
Split bet – This is a bet on any two adjacent numbers. You place the chip on the line between the two numbers in order to make this wager. This bet pays out at 17 to 1.
Street bet – This bet covers three numbers. You place your bet on the line outside of the three numbers in the row where you want to win. This bet pays out at 11 to 1.
Corner bet – Some people call this a square bet or a quarter bet. It’s a bet on a corner that makes a square, and it’s a bet on four numbers. A win on this type of bet pays out at 8 to 1.
Five-number bet – You can only make one five-number bet, and it’s the only inside bet that offers different odds from all the others. The problem is that it has a higher house edge, making it the worst bet on the table. This bet is on the numbers 0, 00, 1, 2, and 3, and you place the chip on the outside corner line between the 1 and the 0. This bet pays out 6 to 1, but only masochists place this bet.
Six-number bet – Some people call this a line bet. It covers two adjoining rows of numbers. It pays out at 5 to 1.
How Roulette Payouts Give the Casino an Edge
These payouts all have one thing in common—they pay out less than the true odds of hitting a win. That’s why the casino enjoys a house edge of 5.26% on roulette. Your odds of winning are always less than the payout amounts.
For example, the odds of winning a straight-up bet are 37 to 1. There are 37 numbers on the wheel that lose, and 1 bet on the wheel that will win. But the bet only pays out 35 to 1, not 37 to 1, so the house wins more often than it loses.
A split bet offers you odds of winning of 18 to 1, but it pays off at 17 to 1.
I could list all of them, but you get the idea by now. The casino has an unassailable mathematical advantage on every bet. No betting system or strategy can overcome this advantage.
Of course, in the short run, anything can (and often will) happen. This is called “standard deviation”, and it explains why some people walk away from the roulette table as winners. The mathematically true results only come around the closer you get to an infinite number of spins.
Roulette Betting Chart
So the best way to approach roulette is as a lark. It’s a fun game. You can relax and socialize while you play. But don’t expect to win, because the odds are against you. And if you do win, walk away and smile, because you beat the odds.