1. What Are Roulette Payouts?

Roulette payouts determine how much you win based on your bet and the type of bet placed. The payout is calculated based on the odds of your bet winning.

2. How Does the Calculator Work?

The calculator uses the roulette payout formula:

Where:

• \( payout \) — Expected winnings (dollars)
• \( bet \) — Original bet amount (dollars)
• \( numbers \) — Number of pockets covered by the bet (dimensionless)

Explanation: The formula accounts for the inverse relationship between the number of covered numbers and the payout amount.

3. Importance of Payout Calculation

Details: Understanding roulette payouts helps players make informed betting decisions and manage their bankroll effectively.

4. Using the Calculator

Tips: Enter your bet amount in dollars and the number of pockets your bet covers (1 for straight up, 2 for split, etc.). All values must be valid (bet > 0, numbers between 1-36).

5. Frequently Asked Questions (FAQ)

Q1: What's the payout for a single number bet?
A: A straight-up bet (1 number) pays 35:1, meaning a $1 bet would win $35 plus your original $1 back.

Q2: What's the house edge in roulette?
A: In American roulette (with 0 and 00), the house edge is 5.26%. In European roulette (single 0), it's 2.7%.

Q3: What's the best roulette bet strategy?
A: No strategy changes the house edge, but outside bets (red/black, odd/even) have higher win probabilities with lower payouts.

Q4: Why does the payout decrease with more numbers?
A: The more numbers you cover, the higher your chance of winning, so the payout per dollar decreases to maintain the house edge.

Q5: Are there different payout systems?
A: Some casinos offer "surrender" rules that reduce the house edge on even-money bets when zero hits.