The two main types of bets are “inside” and “outside”.
So if the house edge is 2.7% and you bet $1, you can expect to lose $0.027. The house edge is the advantage the casino has over players.1:1 payout means you receive 1 chip PLUS your original bet 5:1 payout means you receive 5 chips PLUS your original bet.European Roulette Odds (Chance of Winning)Īmerican Roulette Odds (Chance of Winning)
