You will never get true odds in a casino or the casino wouldn’t make any money.įor absolute clarity then, roulette odds refer to the amount of money you stand to win on each bet relative to the stake that you put down, whereas the probability refers to the chances of each individual bet winning. Armed with this knowledge, you can make more informed decisions on how you want to bet rather than scattering chips willy nilly and crossing your fingers.Įach bet is weighted differently based on the probability of the outcome, so the odds are calculated once the probability has been determined – leaving room for the house edge of course. With so many betting options available on a roulette table it is essential to know the odds of each bet and the probability of that bet winning.
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