• Odds Betting Red Black Roulette Odds
• Odds Betting Red Black Roulette Sites

European (French) roulette: numbers from 1 to 36 (red or black) and 0 (green) American (double zero) roulette: numbers from 1 to 36 (red or black), 0 and 00 (green) A small ball is thrown into a spinning roulette wheel, and players bet on the number where they think the ball will land. Players can bet on an individual number or on many. The highest roulette odds (36 to 1) are for a single number bet and the lowest (1 to 1) are for outside bets like Odd/Even or Red/Black. Secondly, if you want to know what is the best bet for winning in online roulette, keep in mind that the European roulette odds to win are slightly better than those at the American table. Let’s cut to the chase and explain the red and black systems roulette odds. A European roulette wheel has 18 red pockets, 18 black pockets and 1 green pocket. It’s the ‘unwanted’ green pocket that provides the casino with its advantage. My first bet will be on black. The next series starts with a Black so I continue betting black and win 5 times in a row against the second series. The net spin after the 5 blacks produces a red in the second 10 series so I lose and move one color right on my pattern and bet red.

An Introduction to the Roulette Red-Black Bet

The red-black bet in the game of Roulette is another of the many bets you can place in Roulette, be it online or traditional Roulette. This bet is an outside bet and the player has as much chance of winning as the croupier. The red and black system in Roulette works like this.

The different numbers on a Roulette table are usually marked in two different colors – red and black. There are 18 numbers in red squares and the remaining 18 are in the black squares. The red-black bet in Roulette allows you to bet on whether the ball will finally stop at a red number or a black number.

The Roulette red-black bet is similar to the low and high numbers and odd-even bets in that this bet too allows you to bet on 18 numbers together. The difference is that in this bet, you do not bet on odd or even numbers or even low or high numbers, but on the color of the number.

Chip Position in the Roulette Red-Black Bet

To place the red-black bet in Roulette, you need to first decide which color you want to wager on – red or black. Once you decide the color you wish to wager on, you need to place your chip(s) on the appropriate box at the bottom center of the Roulette table.

To place a bet on the red boxes, you need to place your chip(s) on the red-colored box, located at the bottom center of the table, next to the box marked ‘EVEN’. To place your bet on the black boxes, you need to place your chip(s) on the black colored box next to the box marked ‘ODD’.

More about the Roulette Red-Black Bet

so what are the odds and payout for the Roulette red black bet? Since this is an outside bet, the odds are not that high and actually pays out even money when you win. What this means is that if you placed a $20 Roulette red-black bet, you would win an additional $20 along with the original $20 you wagered when you win. It’s a 50/50 chance (even though the zero is green which in this case you lose any color you bet on)

Finally, let us discuss the house advantage in the red-back bet in Roulette. The house advantage for this bet is the standard 5.26% in American Roulette and 2.70% for European Roulette. However, you can reduce the house edge significantly by using this bet in conjunction with the half back rule or the en prison rule.

Odds Betting Red Black Roulette Odds

What are the roulette odds of the ball landing in the same colour ten times in a row? What about landing on the same number twice? Let´s take a look, and then we´ll explain how this relates to the Gambler´s Fallacy, or the Monte Carlo Fallacy- the belief that the odds of a black number coming in increase, the more times you see red.

Let´s look at a European Roulette wheel. Over a single spin, the odds of a red number coming up are 18/37, or 1 in 2.06. Over 2 spins, the odds of 2 reds coming in are 1 in 2.06×2.06, or 4.24.

The odds of seeing 10 reds in succession are 1 in (2.06) to the power of 10 = 1 in 1376.

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Pretty low odds that you´ll ever see this, in other words. But that doesn´t mean it isn´t going to happen. In fact, the longest number of reds in a row was recorded in an American Casino in 1943 when 32 came up in a row. Now imagine that you were betting the Martingale that day! The odds of seeing that are 1 in 11 million, or thereabouts by the way.

Another huge streak (this time on black) was seen by the players at the Casino in Monte Carlo who saw 26 blacks in a row on the table on 18 August 1913. The odds of this happening? A mere 1 in 145,000.

And this gave name to the Monte Carlo Fallacy, otherwise known as the Gambler´s Fallacy, as the longer the streak went on, more and more people started piling their chips on to red. And they lost a lot of money.

So what happened?

Gambler´s Fallacy

The important thing to understand and to get your head around, is that these are odds over multiple spins. And here´s the thing. In roulette, you can´t bet on what is going to happen over 10 spins, you can only bet on the next spin. And thus the odds are always the same – 18/37, whether the red came in 10 times previously or not. The wheel has no memory from spin to spin. It is not a living thing.

Tip for Martingale Players

Martingale System Players are often susceptible to long runs as they double their bet after a loss. Start your first bet low if you employ this strategy to give yourself the most room for manouevre

You are Betting on One Spin Not Multiple Spins
When you are betting on one spin, the odds are for one spin, and for one spin only.

One things for sure about the Gambler´s Falllacy- the casinos love it! Don´t get sucked in, keep your thinking hat on.

One thing’s for sure- there are plenty of people who have worked out that the odds are with the casino on roulette, and have opted to scam the casinos instead, like the roulette scam in Ohio. Just be warned- that’s illegal. They got busted.

FAQs Roulette Probabilities

• What are the odds of seeing 10 reds in a row on a roulette wheel?
  The odds of seeing 10 reds one after another are 1 in (2.06)¹⁰ = 1 in 1376. But remember, you cannot bet on 10 spins, only on a single spin. Here the odds are 1 in 2.06
• What is the definition of the Gambler’s Fallacy in roulette?
  The Gambler’s Fallacy is the incorrect belief that a certain event like flipping a coin or the ball landing on a black number is more or less likely, due to a previous sequence of events.
  This is incorrect for mutually exclusive events because each event is independent with a result that has no relation to past events. Think about it this way. Is the wheel thinking after each spin, “I spun a red last spin. Let´s throw in a black to even things up.” No.

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