Published on 1 October 2012
If you are playing casino games, it is best to know the odds associated with the game. By this, you can decide what kind of bet to make based on the occurence. It is also important to know what particular sort of bet will payout. For those who enjoy playing roulette, there are plenty of different types of bet you can place. Calculating the odds of these bets might be difficult but it may require some thinking.
One of the factors you should consider when you calculate the odds is the difference in occurence from which type of roulette game you should play. For example, the wheel used in European Roulette that features 37 slots while the wheel used in American Roulette features 38 slots. If you know which kind of wheel you should be playing, you will know the exact odds. You will have much better odds with the European Roulette wheel. So whenever you have the chance to play European Roulette, choose that.
The payout in the European Roulette wheel is 35 to 1 for one bet. You shoild choose to place a split bet or two number bet, your odds will be cut into half 17.5 to 1. You will most likely win this bet, but the payout will be less. In such case it is 17 to 1. If you bet in three number this is called as a street bet. This type of bet has odds of 11.3 to 1 with a payout of 11 to 1. If you place a bet on four numbers, your odds are much better. In such case, the payout is 8 to 1 with the odds of 8.25 to 1.