When it comes to sports betting, the main goal for anyone who wagers a single dollar on any sporting event is to turn that dollar into two or three or four or hundreds of dollars. It's much easier said than done, and that is why the betting industry is one of the hardest industries to break into in a big way.
Those that do, however, generally stick to single-game wagers over the course of the NFL/MLB/NHL/NBA seasons, and they enjoy the process of grinding out nightly wins and boosting their bankroll that way. It also helps to understand the risk vs. reward a little better when betting on single games because NFL and NBA offer spread betting , which in turn is almost exclusively listed at -110. The bettor understands this and because of that they can bet according to their bankroll management plan .
The payout for this bet is 17:1, and the odds of it winning are 5.41% for European, and 5.26% for American roulette. Street is a three-number bet, where the players bet on a row of numbers – for. Betting odds payout chart Free bonus no deposit sport bets malaysia. Kiowa sport betting wiki. Best online bet now australia paypal. Bet now on jeju island. Best online betting sites ireland.
- A chart showing all the craps payout odds vs. The house edge and true odds information. This craps payout table also includes actual payouts per bet.
- By paying out according to the true odds against, the Odds bet in craps carries a house edge of exactly 0.00 percent – making it one of the only neutral expectation wagers in any casino.
- These are the bets on the outside of the betting surface, and they're the bets that pay off the most often. As a result, you win less with these bets. Here are the outside bets you can make: Red.
For those who don't have the patience to bet one game per night and slowly build up the bankroll, the parlay route is always the go-to way, and more often than not it leads the bettor to bust his bankroll. Don't get me wrong, I too have dreamt about winning a 15-leg parlay on a Sunday afternoon and cashing in five digits, but I am also realistic and know it's unlikely to happen.
If you still want to bet parlays, you must understand what they are and how they work.
What is a Parlay
A parlay is a single bet that links together two or more individual wagers for a high payout. A two-team parlay might pay 13/5, a three-team parlay might pay 6/1, a four-team parlay might pay 10/1, and so forth with the payouts getting higher with more teams or totals selected.
Odds Payout Chart
In order for the parlay bet to win, every one of the wagers must win. If any of the selections lose, your wager loses, regardless of the outcome or cancellation of the other games. If one or more selections is a tie, postponed, incomplete, cancelled or rescheduled for another day, then the wager reverts to the next lowest number. For example, if you place a five-team parlay and have four winners and a tie, your wager pays out as a four-team parlay.
If you place a two-team parlay and one team wins and one ties, the wager becomes a straight bet. The resulting wager will have the same risk amount with the win being calculated to reflect the odds of the remaining team (Example: on a two-team $100 parlay with team A +110 and team B -110 ,if A ties and B wins the resulting wager will be a straight play on B risking $100 to win $90).
How to Calculate Payouts Quickly?
For the record, let it be stated that sportsbooks are in the business of making money and as such will do anything in their power to turn as much of a profit as they can. With that said, many sportsbooks offer up fixed parlay odds that aren't anywhere close to what the true odds of a parlay should be.
For example, I came across the payout chart from 5Dimes that show what odds are offered to bettors who play parlays on football and basketball. Keep in mind, these payoff odds are based on all lines being -110.
As you can see, the fixed odds of a three-team parlay seem lower than the true odds of a three-team parlay, which should be 6.96 (1.91 x 1.91 x 1.91). In order to determine how much your parlay would pay out, you would then take that 6.96 odds and multiply it by the amount you wish to wager. In order to see just profit, you would then subtract the wager amount form that total. Example: 6.96 x $300 = $2090.10 - $300 = $1790.10.
As you can see from the chart above, 5Dimes will pay you $1800 for this bet, which is better than true odds. Some sites will pay you at true odds value, a little below, or a little above. It all depends on which sportsbook you use.
If you were to put together a parlay with teams that offer up different odds than -110, you would then do the exact same process. You would first convert the American lines into decimals and multiply them all together.
For example, a parlay that consists of teams with odds of -110, -140, -110 and +210 would turn into a parlay that has odds of 1.91 x 1.71 x 3.10 x 1.91.
The result of multiplying those odds together would give you odds of 19.338, and then you would multiply that by your wager amount, which in this case would be $300 again.
So, 19.338 x $300 = $5801.55 - $300 (your wager) = $5501.55 of pure profit.
Much of that money can be traced back to Trump's investments in his three Atlantic City casinos, which The Times said were 'failing in Atlantic City long before Atlantic City itself was failing.'
We cannot compare this number to the chart above as the chart is only if all bets are -110. Since the bets are varying here, the odds must be calculated or done using one of the calculators or the betting sites.
Doc's Sports is offering $60 worth of member's picks absolutely free - no obligation, no sales people - you don't even have to enter credit card information. You can use this $60 credit any way you please for any handicapper and any sport on Doc's Sports list of expert sports handicappers. Get $60 worth of premium members' picks free .
| Bet | Other Names | Payout | p European | p American |
|---|---|---|---|---|
| Red / Black | Color bet | 1:1 | 48.65% | 47.37% |
| Even / Odd | 1:1 | 48.65% | 47.37% | |
| Low / High | 1-18 / 19-36 | 1:1 | 48.65% | 47.37% |
| Dozen | 2:1 | 32.43% | 31.58% | |
| Column | 2:1 | 32.43% | 31.58% | |
| 6 Number | Six line, Double street | 5:1 | 16.22% | 15.79% |
| 5 Number* | Top line, Basket, First five | 6:1 | - | 13.16% |
| 4 Number | Corner, Square | 8:1 | 10.81% | 10.53% |
| 3 Number | Street, Line | 11:1 | 8.11% | 7.89% |
| 2 Number | Split | 17:1 | 5.41% | 5.26% |
| Single Number | Straight | 35:1 | 2.70% | 2.63% |
* This bet can only be placed on a double-zero roulette table (i.e. on an American table and not a European or French one). It covers the numbers 0, 00, 1, 2 and 3.
Key:
- Blue bets = outside bets. These are the bets that cover large, fixed sections of the table. These probability of winning with these bets is greater, but they have lower payouts.
- Green bets = inside bets. These bets cover specific numbers on the table depending on where you place your chips. The payout for inside bets is bigger, but the probability of hitting is lower.
Below is a quick overview of all the different types of bets and odds that can be made in roulette.
There is also a small image accompanying each bet to highlight how to place each of the bets at the table. Some of these bets you may well have previously overlooked, so pay attention!
The following list is ordered by the payout of each roulette bet, starting with the lowest payouts and moving to the bigger payouts as you scroll down.
- Payout is in orange.
- Probability of each bet winning is in blue (assuming a single-zero European table is used).
Outside bets
Outside bets refer to bets made on types of numbers on the roulette wheel or large sections of the roulette table.
These bets have the lowest payouts, but the highest probabilities of success.
Red / Black - 1:1(48.65%)
Color bet
| Payout | 1:1 |
|---|---|
| European Probability | 48.65% |
| American Probability | 47.37% |
| Total Numbers | 18 |
| Numbers Covered | Black = 2, 4, 6, 8, 10, 11, 13, 15, 17, 20, 22, 24, 26, 28, 29, 31, 33, 35 Red = 1, 3, 5, 7, 9, 12, 14, 16, 18, 19, 21, 23, 25, 27, 30, 32, 34, 36 |
A color bet is a very popular bet, and gives odds of 1:1. So lets say for example you bet $5 on red, and after spinning the wheel the ball lands on red. You will get your $5 back, as well as an additional $5 in winnings, returning $10 in total.
Even / Odd - 1:1(48.65%)
| Payout | 1:1 |
|---|---|
| European Probability | 48.65% |
| American Probability | 47.37% |
| Total Numbers | 18 |
| Numbers Covered | Even = 2, 4, 6, 8, 10, 12, 14, 16, 18, 20, 22, 24, 26, 28, 30, 32, 34, 36 Odd = 1, 3, 5, 7, 9, 11, 13, 15, 17, 19, 21, 23, 25, 27, 29, 31, 33, 35 |
Similar to the color bet, the even or odd boxes offer the same payouts with equal odds for hitting even or odd as there are for hitting red or black. Unfortunately, the green 0 does not count as either even or odd.
Low (1-18) / High (19-36) - 1:1(48.65%)
| Payout | 1:1 |
|---|---|
| European Probability | 48.65% |
| American Probability | 47.37% |
| Total Numbers | 18 |
| Numbers Covered | Low = 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18 High = 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36 |
These bets split the table in half, with one bet allowing you to bet on all of the lower half of the numbers (1-18) and the other half allowing you to bet on all of the higher numbers (19-36). The frugal gambler video poker. Also known as the low bet and high bet.
Dozen - 2:1(32.43%)
| Payout | 2:1 |
|---|---|
| European Probability | 32.43% |
| American Probability | 31.58% |
| Total Numbers | 12 |
| Numbers Covered | 1st Dozen = 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12 2nd Dozen = 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24 3rd Dozen = 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36 |
The dozen bet allows players to bet on 3 different sections containing 12 numbers, which are; 1-12, 13-27 and 28-36. This bet offers slightly higher odds (2:1) than an even money bet, but the chances of winning on one spin are a little lower.
Column - 2:1(32.43%)
| Payout | 2:1 |
|---|---|
| European Probability | 32.43% |
| American Probability | 31.58% |
| Total Numbers | 12 |
| Numbers Covered | 1st Column = 1, 4, 7, 10, 13, 16, 19, 22, 25, 28, 31, 34 2nd Column = 2, 5, 8, 11, 14, 17, 20, 23, 26, 29, 32, 35 3rd Column = 3, 6, 9, 12, 15, 18, 21, 24, 27, 30, 33, 36 |
The column bet is very similar to the dozen bet, but instead splits the table into 3 sections length-ways rather than side-ways. Each of these bets also offer odds of 2:1, just as with the dozen bets.
Inside bets
Inside bets refer to bets made on specific numbers or small groups of numbers on the roulette wheel.
These bets have the highest payouts, but the lowest probabilities of success.
6 Number - 5:1(16.22%)
Six line bet, Double street bet
| Payout | 5:1 |
|---|---|
| European Probability | 16.22% |
| American Probability | 15.79% |
| Total Numbers | 6 |
| Numbers Covered | e.g. 10, 11, 12, 13, 14, 15 |
This particular bet is not always available at online casinos, but can still be played at the majority of them. Often overlooked by many novice players, this bet allows you to bet on 6 numbers at a time via a bet split between two adjacent rows.
5 Number - 6:1(13.16%)
Note: This bet can only be placed on American roulette tables (ones with the green 00).
We cannot compare this number to the chart above as the chart is only if all bets are -110. Since the bets are varying here, the odds must be calculated or done using one of the calculators or the betting sites.
Doc's Sports is offering $60 worth of member's picks absolutely free - no obligation, no sales people - you don't even have to enter credit card information. You can use this $60 credit any way you please for any handicapper and any sport on Doc's Sports list of expert sports handicappers. Get $60 worth of premium members' picks free .
| Bet | Other Names | Payout | p European | p American |
|---|---|---|---|---|
| Red / Black | Color bet | 1:1 | 48.65% | 47.37% |
| Even / Odd | 1:1 | 48.65% | 47.37% | |
| Low / High | 1-18 / 19-36 | 1:1 | 48.65% | 47.37% |
| Dozen | 2:1 | 32.43% | 31.58% | |
| Column | 2:1 | 32.43% | 31.58% | |
| 6 Number | Six line, Double street | 5:1 | 16.22% | 15.79% |
| 5 Number* | Top line, Basket, First five | 6:1 | - | 13.16% |
| 4 Number | Corner, Square | 8:1 | 10.81% | 10.53% |
| 3 Number | Street, Line | 11:1 | 8.11% | 7.89% |
| 2 Number | Split | 17:1 | 5.41% | 5.26% |
| Single Number | Straight | 35:1 | 2.70% | 2.63% |
* This bet can only be placed on a double-zero roulette table (i.e. on an American table and not a European or French one). It covers the numbers 0, 00, 1, 2 and 3.
Key:
- Blue bets = outside bets. These are the bets that cover large, fixed sections of the table. These probability of winning with these bets is greater, but they have lower payouts.
- Green bets = inside bets. These bets cover specific numbers on the table depending on where you place your chips. The payout for inside bets is bigger, but the probability of hitting is lower.
Below is a quick overview of all the different types of bets and odds that can be made in roulette.
There is also a small image accompanying each bet to highlight how to place each of the bets at the table. Some of these bets you may well have previously overlooked, so pay attention!
The following list is ordered by the payout of each roulette bet, starting with the lowest payouts and moving to the bigger payouts as you scroll down.
- Payout is in orange.
- Probability of each bet winning is in blue (assuming a single-zero European table is used).
Outside bets
Outside bets refer to bets made on types of numbers on the roulette wheel or large sections of the roulette table.
These bets have the lowest payouts, but the highest probabilities of success.
Red / Black - 1:1(48.65%)
Color bet
| Payout | 1:1 |
|---|---|
| European Probability | 48.65% |
| American Probability | 47.37% |
| Total Numbers | 18 |
| Numbers Covered | Black = 2, 4, 6, 8, 10, 11, 13, 15, 17, 20, 22, 24, 26, 28, 29, 31, 33, 35 Red = 1, 3, 5, 7, 9, 12, 14, 16, 18, 19, 21, 23, 25, 27, 30, 32, 34, 36 |
A color bet is a very popular bet, and gives odds of 1:1. So lets say for example you bet $5 on red, and after spinning the wheel the ball lands on red. You will get your $5 back, as well as an additional $5 in winnings, returning $10 in total.
Even / Odd - 1:1(48.65%)
| Payout | 1:1 |
|---|---|
| European Probability | 48.65% |
| American Probability | 47.37% |
| Total Numbers | 18 |
| Numbers Covered | Even = 2, 4, 6, 8, 10, 12, 14, 16, 18, 20, 22, 24, 26, 28, 30, 32, 34, 36 Odd = 1, 3, 5, 7, 9, 11, 13, 15, 17, 19, 21, 23, 25, 27, 29, 31, 33, 35 |
Similar to the color bet, the even or odd boxes offer the same payouts with equal odds for hitting even or odd as there are for hitting red or black. Unfortunately, the green 0 does not count as either even or odd.
Low (1-18) / High (19-36) - 1:1(48.65%)
| Payout | 1:1 |
|---|---|
| European Probability | 48.65% |
| American Probability | 47.37% |
| Total Numbers | 18 |
| Numbers Covered | Low = 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18 High = 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36 |
These bets split the table in half, with one bet allowing you to bet on all of the lower half of the numbers (1-18) and the other half allowing you to bet on all of the higher numbers (19-36). The frugal gambler video poker. Also known as the low bet and high bet.
Dozen - 2:1(32.43%)
| Payout | 2:1 |
|---|---|
| European Probability | 32.43% |
| American Probability | 31.58% |
| Total Numbers | 12 |
| Numbers Covered | 1st Dozen = 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12 2nd Dozen = 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24 3rd Dozen = 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36 |
The dozen bet allows players to bet on 3 different sections containing 12 numbers, which are; 1-12, 13-27 and 28-36. This bet offers slightly higher odds (2:1) than an even money bet, but the chances of winning on one spin are a little lower.
Column - 2:1(32.43%)
| Payout | 2:1 |
|---|---|
| European Probability | 32.43% |
| American Probability | 31.58% |
| Total Numbers | 12 |
| Numbers Covered | 1st Column = 1, 4, 7, 10, 13, 16, 19, 22, 25, 28, 31, 34 2nd Column = 2, 5, 8, 11, 14, 17, 20, 23, 26, 29, 32, 35 3rd Column = 3, 6, 9, 12, 15, 18, 21, 24, 27, 30, 33, 36 |
The column bet is very similar to the dozen bet, but instead splits the table into 3 sections length-ways rather than side-ways. Each of these bets also offer odds of 2:1, just as with the dozen bets.
Inside bets
Inside bets refer to bets made on specific numbers or small groups of numbers on the roulette wheel.
These bets have the highest payouts, but the lowest probabilities of success.
6 Number - 5:1(16.22%)
Six line bet, Double street bet
| Payout | 5:1 |
|---|---|
| European Probability | 16.22% |
| American Probability | 15.79% |
| Total Numbers | 6 |
| Numbers Covered | e.g. 10, 11, 12, 13, 14, 15 |
This particular bet is not always available at online casinos, but can still be played at the majority of them. Often overlooked by many novice players, this bet allows you to bet on 6 numbers at a time via a bet split between two adjacent rows.
5 Number - 6:1(13.16%)
Note: This bet can only be placed on American roulette tables (ones with the green 00).
Five number bet, Top line bet, Basket bet, The worst possible bet you can make on any roulette table
| Payout | 6:1 |
|---|---|
| European Probability | n/a |
| American Probability | 13.16% |
| Total Numbers | 5 |
| Numbers Covered | 0, 00, 1, 2, 3 |
The five number bet holds the title for the worst bet in roulette. The house edge for this bet is 7.89%, and it's the only bet to have a bigger (worse) house edge than any other. Every other bet on a double-zero roulette has a house edge of 5.26%.
If you're playing American roulette (which you shouldn't be anyway), avoid this bet.
4 Number - 8:1(10.81%)
Corner bet, Square bet
| Payout | 8:1 |
|---|---|
| European Probability | 10.81% |
| American Probability | 10.53% |
| Total Numbers | 4 |
| Numbers Covered | e.g. 11, 12, 14, 15 |
Also known as a square bet or corner bet. The 4 number bet allows you to bet on 4 adjoined numbers at a time. The chances of hitting any of these numbers is relatively low, but there is a decent payout for when you get lucky.
3 Number - 11:1(8.11%)
Street bet, Line bet
| Payout | 11:1 |
|---|---|
| European Probability | 8.11% |
| American Probability | 7.89% |
| Total Numbers | 3 |
| Numbers Covered | e.g. 16, 17, 18 |
This bet involves similar placement to that of the 6 number bet, except for the chip is placed on the edge of one row, rather than spread across two. This bet is also known as the street bet or stream bet.
Alternative 3 number bets.
You can also place 3-number bets at the top of the table using the green zero(s). These can be placed in both single-zero and double-zero roulette, although you have an extra 3-number bet in double-zero roulette courtesy of that extra 00 number.
The payouts and probability for this bet are the same for the respective roulette tables as the street bet above.
2 Number - 17:1(5.41%)
Split bet
| Payout | 17:1 |
|---|---|
| European Probability | 5.41% |
| American Probability | 5.26% |
| Total Numbers | 2 |
| Numbers Covered | e.g. 22, 23 |
This is where the odds start to get pretty big. A 2 number bet or split bet allows you to bet on two adjacent numbers, offering you some pretty attractive odds of 17:1 — the second biggest payout available at a roulette table.
You can place a split bet across two numbers vertically or horizontally (if that makes any sense). In the screenshot above for example, you could just as easily bet on 22&25 or 22&19 instead of 22&23.
Single Number - 35:1(2.70%)
Straight bet
| Payout | 35:1 |
|---|---|
| European Probability | 2.70% |
| American Probability | 2.63% |
| Total Numbers | 1 (no prizes, sorry) |
| Numbers Covered | e.g. 32 |
4-1 Odds Payout Chart
The single number bet or straight bet is the big one, offering the greatest payouts at the roulette table of 35:1. Simply place your bet on one number and hope to get lucky.
Final thoughts.
So those are all of the different bets and odds of each of the bets when playing roulette online (or live for that matter). There is no restriction to how many different bets you can place at the roulette table, so go wild and see how it turns out. Just remember to enjoy yourself!
Odds Payout Chart
Read the article on called bets for information on the special bets available on the racetrack roulette wheel. The snake bet is also worth a look if you're feeling exotic.
9 To 5 Odds Payout Chart
| Rank | Casino | Rating | Payment Methods | Payout Time | Links |
|---|---|---|---|---|---|
| 1 | RatingA | Payment Methods | Payout TimeWithin 24 Hours | ||
| 2 | RatingA | Payment Methods | Payout Time1-2 Days | ||
| 3 | RatingB+ | Payment Methods | Payout Time1-3 Days | ||
| 4 | RatingC+ | Payment Methods | Payout Time2-5 Days | ||
| 5 | RatingD | Payment Methods | Payout Time2-3 Days |
