1. What is the Roulette Payout Formula?

The roulette payout formula calculates the odds for different types of bets in roulette. It determines how much a player wins relative to their bet based on the number of covered numbers.

2. How Does the Calculator Work?

The calculator uses the roulette payout formula:

Where:

• \( Numbers Covered \) — The count of numbers covered by the bet
• \( 36 \) — Total numbers on a European roulette wheel (37 with single zero)

Explanation: The formula calculates the payout odds by dividing the total numbers by covered numbers and subtracting 1 to get the profit ratio.

3. Importance of Odds Calculation

Details: Understanding roulette payout odds is crucial for players to make informed betting decisions and manage their bankroll effectively.

4. Using the Calculator

Tips: Enter the number of covered numbers (1-36). The calculator will compute the corresponding payout odds for that bet type.

5. Frequently Asked Questions (FAQ)

Q1: What does "numbers covered" mean?
A: It refers to how many numbers a particular bet covers on the roulette table (e.g., straight up=1, split=2, street=3, etc.).

Q2: Why subtract 1 in the formula?
A: The subtraction accounts for the return of the original bet, showing only the profit portion of the payout.

Q3: Does this work for American roulette?
A: The formula uses 36 for European roulette. For American roulette (38 numbers), the formula would be (38/numbers covered)-1.

Q4: What are typical payout examples?
A: Straight up (1 number): 35:1, Split (2 numbers): 17:1, Street (3 numbers): 11:1, Corner (4 numbers): 8:1.

Q5: Why is understanding odds important?
A: Knowing the true odds helps players understand the house edge and make more strategic betting decisions.