Posts Tagged ‘payout’

Question by Chamonatron: Why I am getting more than 1:1 payout on Red-Black bets in online roulette?
I have $ 70 on the table, 40 on red, 30 on black. For some reason, sometimes when either colour wins, instead of getting $ 80 or $ 60, I get $ 170, or $ 110 etc. What is going on? Am I misunderstanding the rules?

Best answer:

Answer by Xv Alex Xv
First off, that’s not a good betting strategy. If red, you win 20, if black you lose 10, and if 0 you lose 70. You’re better off just betting 10 on black or red.

Anyways, it may just be a rule at that casino, because in mostly everywhere, red/black pays 1:1. If they paid out more, then they would be losing money.

To come out even, they would have to pay: 10:9 on American Roulette because of the double zero. What you’re talking about is way over 10:9, and anything over that is money lost to them. I think you’re missing something.

Know better? Leave your own answer in the comments!

Question by Tracy Rollins: what is single number payout for roulette?
what do you think of a progressive strategy to increase bets by double until single number is hit?

Best answer:

Answer by pdq
Single number payout for roulette is 35-1.

What do I think of a progressive strategy like you described? I think it’s no better and no worse than EVERY strategy that has ever been thought of for roulette before. It WILL lose over time – period.

Let’s start by just betting 1 dollar each spin. Your first hope is that you’ll win before 35 spins go by. If you win on spin #35, you’ll make 1 dollar total in profit. Any sooner means more money.

If it gets to spin #36 without winning yet, you move up to 2 dollars each spin. Now if you win by spin #53 you will have won a total of profit.

Spin #53 comes and goes and you still don’t win yet. You’re down .

Move up to per spin on spin #54.

If you win on spin #71 you will have made a total profit of 1 dollar. If you still haven’t hit your number you’re down 3.

Move up to per spin on spin #72.

If you win on spin #88 you will have made a total profit of 9 dollars. If not, now you’re down 9.

Move up to per spin on spin #89.

If you win on spin #106 you’ve made 9 dollars profit. If not, you’re down 7.

*********

Let’s stop there. 2 things I’d like to point out by now.

#1 – no casino, (except perhaps an on-line casino), is going to allow you to only bet on a single number. You’d almost certainly need to bet at least to start. If you start with and you go 106 spins without hitting your number, you’re down ,835!!! (In an on-line casino, maybe they’d let you do this, but follow this up a little bit further and you still would get way up there in money very quickly.)

#2 – How hard do you really think it is to MISS your number 106 times in a row? It must be very hard, right? Not really! The chance you will go 106 spins in a row without hitting a predetermined number is around 1 out of 17 or around 6%.

That’s NOT that far fetched to happen!!! Consider the fact that you sometimes might only win if you hit your number at certain points of time in your system! You’re risking 7 with a 6% chance of losing it all when you might only get a small amount of profit when it wins.

Long story short, no matter how you slice it, there is NO WAY to beat roulette. Not with any system of betting. Never has been. Never will be.

Try to beat roulette at your peril.

Give your answer to this question below!

Question by Charles: What is the best online roulette site and how long does it take for a payout?

Best answer:

Answer by John
These are the best ones http://sportsbetting.ws/casino/ they usually payout in 1-2 weeks

What do you think? Answer below!