This calculator is designed for roulette players who want to understand their odds and potential payouts. Enter your bet details to see the probabilities and returns.
Results
Data Source and Methodology
All calculations are based on standard roulette odds and probabilities. Please refer to authoritative sources like Gambling Sites for detailed insights.
The Formula Explained
\[ \text{Payout} = \text{Bet Amount} \times \text{Odds} \]
Glossary of Terms
- Bet Type: The type of bet placed in roulette, such as straight, split, etc.
- Bet Amount: The amount of money wagered on a specific bet.
- Odds of Winning: The probability of winning based on the bet type.
- Potential Payout: The expected payout if the bet wins.
Example: How It Works
For a straight bet on a single number, if you bet $10, the odds are 1 in 37 (European roulette), and the potential payout is $350.
Frequently Asked Questions (FAQ)
What is the house edge in roulette?
The house edge in European roulette is 2.7%, while it's 5.26% in American roulette due to the extra double zero.
How do I calculate my odds in roulette?
Use our calculator by selecting the type of bet and entering the amount to see your odds and potential payout.
Can I use this calculator for American roulette?
Yes, but remember that the odds differ due to the additional double zero in American roulette.
Are the calculations accurate?
The calculator uses standard mathematical formulas for roulette. It's advisable to double-check with authoritative sources.