Odds Calculator Roulette
Online Casino Roulette: Comparing House Edges
There are a number of different ways that players can participate in roulette in online casinos. Of the different options out there, the most common of these are American Roulette, European Roulette or French Roulette. While these are all essentially the same game, there are some subtle differences that take place in each that can affect a player’s probability of winning and the statistics that are in favor of the house.
To look at the statistics in detail, it is first important to note the differences that exist between these three different types of games. American Roulette, for instance, offers a total of 38 numbers: 18 red, 18 black and two green (zero and double zero). European and French Roulette, on the other hand, only have 37 numbers: 18 red, 18 black and one green (zero). Now, the difference between French and European Roulette is that in French Roulette if the green “zero” is landed on and a player has placed a bet on some other number then the player will be returned 50% of their wager.
These differences are important to note when tackling the statistics of different Roulette games that are available out there as each game is dependent upon the variances that exist to create additional probability in the house’s favor rather than allowing the players to win. To calculate the exact probability in the house’s favor for each game and the likelihood that the number that will randomly be chosen is the one you wager on – let’s say a $1 wager on “red,” for example – we can use the following calculation to determine the odds of your winning:
x = wager amount
y = number of possible winning numbers for a color
z = total number of possible numbers on the board
(x * y (red)/z) + (-x * y (black)/z) + (-x * y (green)/z) = expected win/loss each round
Since red and black should always cancel each other out, the real calculation could be boiled down to this:
(-x * y (green)/z) = expected win/loss
In regards to specific games, we can apply it like this:
American Roulette:
(-1 * 2/38) = -0.053
In basic terms, this means that for every $1 that is wagered online on a specific color, you can expect to lose $0.053
Now let us compare that to European Roulette:
(-1 * 1/37) = -0.027
Because there is only one green number and the total number of slots is reduced, the overall loss probability is nearly halved. Now, to look at it even further in regards to French Roulette whereas the player is returned 50% of their wager if a green were to be landed on:
(-.5 * 1/37) = -0.014
Since half of the money is automatically returned to the player if a green is landed on that means that the actual risked loss if a green is landed on is only half of the actual wager, therefore, making this the lowest probable calculation of them all.
Applying calculations such as this can help you when selecting which game you want to play in particular and are an excellent way for minimizing your losses in online Roulette games. From this alone, we can determine that French Roulette is statistically the best option for players given the probability of winning, and applying these same techniques can also help you hedge the bets in your favor as well.
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