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Red or Black Odds | Roulette Probability
Roulette Fact – Betting on Red or Black with European Roulette boosts your Probability of Winning
Roulette betting is more popular than ever ; with online casino’s offering the next generation of convenience. But whether it’s online or in an actual casino, the rules and probability of winning and normally the same. It’s important before placing any bets that you have a clear idea of the odds/probability of winning and the potential win. It’s all about balancing risk and potential profit – that’s the key with Roulette.
Red and black are two betting opportunities in European and American Roulette games – they are also among the most popular. It’s a very simple type of bet, the player simply makes a choice between red or black. If after the spin, the ball lands on the colour selected, the player wins with odds of evens. This mean’s the stake is essentially doubled. So a £100 bet on black would give a return of £200 (the £100 stake and £100 profit)
A common mistake made by those betting on roulette is that the odds of winning with a red or black bet is 50%. This isn’t the case as then the casino would have no advantage and thus they could lose money. Another myth is that the probability of winning with a red or black bet is the same on every type of roulette wheel – again, this is far from true.
American Roulette Red or Black Probability & Odds:
|Online Roulette Comparison||American Roulette||European Roulette||La Partage Roulette (European)|
|Red||47.4%||48.6%||48.6% (50% Refund with Zero Result)|
|Black||47.4%||48.6%||48.6% (50% Refund with Zero Result)|
If you’ve ever tried an online roulette machine – you’ve probably seen the American roulette option available. It’s also by far the worst type of roulette wheel to use if your looking to place a red or black bet. The reason for this is because an American roulette wheel has two green pockets (zero and double zero). Either of these results on a spin will result in a loss regardless of whether you picked red or black as your bet.
Probability of Red Roulette Winning (Odds) – 47.4%
Probability of Black Winning (Odds) – 47.4%
European Roulette Red or Black Probability & Odds:
European Roulette offers a better chance of winning with a red or black bet as there is only one green zero on the wheel. There are thirty seven possible outcomes with each spin on this type of roulette, whereas there are thirty eight on American roulette. This mean’s all bets you can possibly place (from a specific number, odds, evens or columns) have a slightly higher chance of winning with European Roulette.
Probability of Red Roulette Winning (Odds) – 48.6%
Probability of Black Winning (Odds) – 48.6%
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