Roulette Cheat Sheet: Payouts, Odds, Bets (2024)

Roulette Cheat Sheet for Payouts, Bets, and Odds in American and European Roulette

Roulette cheat sheets serve as invaluable tools for players who are looking to enhance their understanding and strategy in the game. Regardless if you’re a roulette veteran or a novice, they are designed to simplify the complexities and potential misunderstandings of the game of roulette. These cheat sheets and roulette charts offer all the information you need at a glance, providing you with essential details on bets, roulette pay outs, and odds.

One of the key benefits of using a roulette cheat sheet is that you’ll know exactly how much each bet pays out and what your odds are at winning that bet. With a cheat sheet at hand, you can easily understand the different types of bets available, the corresponding roulette payouts, and the odds on roulette associated with each bet. This comprehensive overview aims to help you make more informed decisions, leading to a more enjoyable and, ultimately, a more rewarding roulette experience.

Overall, roulette cheat sheets are a valuable resource for mastering the game, offering guidance and insights to help you gain confidence and skill. Whether you're new to the game or a seasoned player looking to improve your strategy, a roulette cheat sheet is an essential companion for success at the roulette table.

Understanding Roulette Payouts, Bets, and Odds

There are many betting options in roulette, and each one has its own roulette payout chart and odds. Being a game of chance, it’s important to understand these bets if you want to maximize your chances of winning at the roulette table.

We’ll first discuss the payouts for roulette. First, you should consider that the payout you will receive at the roulette table is based on several factors, such as the amount of your wager, the type of bet you have placed, and the payout ratio that the bet comes with. Other factors, such as special features and multipliers may affect this formula, so keep in mind that this formula is only valid for the classic variants of roulette such as American and European roulette. If your bet wins, you will receive your winnings based on the roulette payouts chart for the bet you have placed.

The calculation formula states that the potential payout you will receive at the roulette table is determined by the size of your bet, multiplied by the payout ratio for the specific bet. Let’s take a real-life situation as an example. If you wager $10 on a Split bet between 25 - Red and 22 - Bet, you should check out the roulette table payout chart on your cheat sheet, and you will see that the payout for this type of bet is 17:1. But what does this mean? It means that for every unit you wager on a Split bet, you can win 17 times the wager. So, if we multiply your initial $10 Split bet by 17, we get $170. Add the money you wagered to this amount, and you get a total amount of $180. This is exactly how much you will receive if you place this bet.

Even though the roulette payouts chart is not hard to understand, it can be challenging to remember all the payout ratios, so it’s best to use a cheat sheet like the one you can find on our site.

To make your life easier, we’ve prepared a cheat sheet for all the standard bets in roulette and the payout ratio for each. Don’t worry, the payout ratios are the same for all classic roulette variants.

Remember that these are the standard bets, and we’ll discuss more advanced bets later in this guide.

Different Types of Bets in Roulette

There’s a wide variety of betting options when playing roulette, and we’ll help you understand how each one of them works and what your odds of winning are. In the end, we’ll list all the bet types and their odds in a simple cheat sheet form that you can easily download or view it on our site from any device.

Understanding all the bet types is crucial if you want to develop a successful and sustainable roulette strategy. Learn what all the different inside and outside bets mean, how to place one, and what numbers you need to hit to win the bet.

Inside bets

If you have heard the term ‘inside bets’ or seen it on a roulette pay out chart, it means placing bets on specific numbers or groups of numbers that are located ‘inside’ the main grid of the standard roulette layout. To place an inside bet, you should place your chips directly on the numbers or the intersections within the roulette grid layout, which is why they’re called inside bets.

These bets offer higher payouts when compared to outside bets, but the odds of winning one are significantly lower due to their higher payouts. Even though some strategies involve placing inside bets, most of the popular betting strategies revolve around outside bets. Check out the most common inside bets:

• Straight Bet: A straight-up bet involves placing a wager on a single number on the roulette layout - any number. For example, you can choose to place your wager on the number 17, indicating your prediction that the ball will land on this specific number on the roulette wheel. If the ball indeed lands on 17, you will win the bet, and the payout is 35 times the original bet amount.
• Split Bet: It’s a type of bet in which you should place your chips on the line between two numbers on the roulette grid. As the name suggests, you’re splitting the bet in two numbers. For example, you may place a split bet by positioning your chips on the line between 14 and 17. This bet covers both numbers, and if either 14 or 17 is the winning number, you’ll a roulette payout of 17 times your original bet.
• Street Bet: This bet is called like this because it involves betting on a row of three numbers on the roulette layout. You should place your chips at the end of the row to indicate your selection. For instance, you may place a street bet on the row containing 19, 20, and 21 by positioning your chips at the end of this row. If any of these three numbers are the winning number, the you’ll receive payout of 11 times your original bet.
• Corner Bet: This bet type covers the intersection of four numbers on the roulette layout, forming a square - hence the name. For example, you can place a corner bet by positioning your chips at the intersection of 16, 17, 19, and 20. If any of these four numbers win, you’ll receive a payout of 8 times your original bet.
• Six-Line Bet: This bet covers two adjacent rows of three numbers each - or two streets - covering a total of six numbers. To place a six-line bet, you should place your chips at the end of the rows to indicate your selection. For instance, one may place a six-line bet on the rows containing 22, 23, 24, and 25, 26, 27 by positioning their chips at the end of these rows. If any of these six numbers win, the player receives a payout of 5 times their original bet.
• Basket Bet: This bet is also known as First Five bet, and is commonly found in American roulette. It’s an inside bet that covers the numbers 0, 00, 1, 2, and 3. As you can see on the roulette table payout chart, the payout ratio for this bet type is 6:1.

Outside Bets

Outside bets are a key part of playing roulette - especially if you’re planning on executing a betting strategy. They offer a range of betting choices with decent odds, and, unlike inside bets that focus on specific numbers, outside bets cover broader outcomes. They cover things like colors, ranges, or groups of numbers. They’re not placed inside the betting grid, but outside, which is why they’ve got this name.

Understanding these bets is crucial if you want to diversify your betting strategies and improve your chances of winning at the roulette table, which is why we’ve included them in our cheat sheet. Check out all the different outside bets and their roulette payout ratios.

• Red/Black: This is one of the most popular roulette bets, and it involves placing a wager on whether the ball will land on a read or a black number. As with all outside bets, this is a simple bet, and if the ball lands in a pocket with a number of your chosen color, you will win double the money you wagered.
• Odd/Even: The odds of winning this bet is the same as with the red/black bet, as well as the payout ratio, with the only difference being that with this one, you’re wagering on whether the ball will land on an odd or an even number.
• High/Low: With this bet type, you’re betting on whether the ball will land on a number between 19-36 or a number from 1-18. This is another even-money bet, where you get paid with a payout ratio of 1:1.
• Columns: This bet involves betting on one of the tree vertical columns with numbers that you can see on any roulette betting grid. To wager on a column, you should place your chips at the bottom of the chosen column on the roulette betting grid. There are three columns: the top, middle, and bottom column, and with a wager of $10, the potential roulette payout for a column bet is $30.
• Dozens: There are three dozens on the roulette betting grid. The first dozen are the numbers from 1-12, the second dozen covers numbers 13-24, while the third dozen includes the numbers from 25 to 36. This is another 2:1 payout bet, so if you bet $10 on a dozen and win, you’ll earn $30.

Odds of Winning in Roulette

The roulette betting odds are closely linked to the payout ratios, but keep in mind that they’re not the same. The payout ratio is the same for every classic roulette variant, be it American, French, European, or other. The odds, however, are not. They depend on the specific roulette variant, and they determine the likelihood of a specific outcome to happen during a spin.

The odds are closely related to the payout ratios, meaning that bets with higher payout ratios have lower odds on roulette table. In other words, they’re riskier bets. This is why a cheat sheet can help you know exactly what are the odds for a specific bet in a specific roulette variant, and you can act accordingly. Check out our cheat sheets for both American and European roulette bellow.

American Roulette Odds.

American roulette is unique in the way that it differs from most other variants due to the presence of the double zero (00). This means that this variant has one more pocket when compared to European or French roulette, which impacts the odds and roulette payouts for this game. With 38 pockets, your chances of winning are slightly lower when compared to roulette wheels with less pockets.

The house edge in American roulette is higher when compared to other variants, and it usually stands at 5.26%. This is higher than the house edge in European and French roulette. Check out the roulette table payout chart and the odds for American roulette below in the form of an easy to understand cheat sheet.

European Roulette Odds

One key difference in European roulette when compared to American roulette is the absence of a double zero. This is a small change, but it does affect the odds and roulette payouts.

In this variant, the wheel has 37 pockets, which is one pocket less than the American version. There are fewer possible outcomes in this game, which gives players slightly better odds. The house is also lower at 2.70%. You can find the cheat sheet for European roulette odds below, which can help you understand them better and be prepared when playing roulette.

Tips & Tricks for Using the Cheat Sheet Effectively

The roulette cheat sheet can be a powerful tool, but what’s most important to use it effectively so you can maximize its benefits. Check out some of our tips and strategies on how to make the most of the roulette cheat sheet during gameplay:

• Familiarize yourself with the cheat sheet: Take your time and read all the information that’s presented on the cheat sheet. Familiarize yourself with all the different bet types, the odds associated with each bet, and the payout ratios.
• Incorporate into strategies: The main benefit of the cheat sheet is that you can integrate it into your existing betting strategies or systems. You can use the information to adapt your betting approach, especially when the game conditions change or the strategy requires you to do so. Regardless if you’re using an aggressive or a conservative strategy, the cheat sheet is a valuable tool.
• Adjust your betting patterns: The cheat sheet can help you adjust your betting patterns based on the information you see on it. You can identify favorable bets with higher odds and better roulette payouts, and adjust your bets accordingly based on your budget and strategy.

Announced Bets

Besides the basic bets that we presented above, there are several advanced betting options in roulette. These bets are beyond the standard outside and inside bets, and they can usually be found in European and French roulette variants. Some of them are also called ‘announced bets’ or ‘call bets’ because the player should call them out when playing at a land-based casino. Expectedly, that’s not the case with online roulette, but you can still utilize these bets.

• Voisins du zero: This is a called bet in which you’re betting on the numbers that surround the zero on the wheel. The bet covers the zero and the 8 surrounding numbers on each side, so you’re covering a total of 17 numbers. The payout ratio depends on where the ball will land, ranging from 1:1 to 16:1 your wager.
• Tiers du cylindre: This announced bet covers the numbers opposite of the zero on the roulette wheel. It covers 12 numbers and payout is 12:1
• Orphelins: This is a popular announced bet that covers all the numbers on the roulette wheel that are not covered by Voisins du Zero and Tiers du Cylindre. To place an Oprhelins bet, you need at least 5 units, and the payout ratio is either 13:1 or 31:1, depending on which winning number you’ll get.
• Jeu 0: This is an advanced announced bet which is a variation of the Voisins du zero bet. It also covers the surrounding bets next to the zero, but just the three numbers next to the 0, totaling 7 numbers. The potential roulette pay out ratio for this bet is 32:1 or 14:1, depending on where the ball will land.

Check out our cheat sheet for advanced bets below: