The house edge on a European wheel is on 2. With the American wheel, it's twice that. The complete guide to the types of roulette bets, the odds and the payouts. Easy reference charts and detailed information. The game of roulette can be found in casinos around the globe, and it remains a popular option for both online and land-based gamblers. Roulette is a casino game named after the French word meaning little wheel. In the game, players may choose to place bets on either a single number or a range of numbers, the colors red or black, or whether the number is odd or even, or if the numbers are high (1936) or low (118). With 38 numbers (1 to 36, plus 0 and 00), the true odds of hitting a single number on a straight-up bet are 37 to 1, but the house pays only 35 to 1 if you win. Ditto the payouts on the combination bets. This discrepancy is where the house gets its huge edge in … At the most basic level, we talk about roulette odds in terms of the house edge the advantage the casino holds over the player. In American roulette the house edge on virtually all bets is 5. 26 (or 238), while in European roulette, the edge for the casino is 2. 70 (137). American Roulette 0 - 00 (The European version has one 0 only) Inside bets: (also called layout bets) A - 1 number, Straight up 35:1. B - 2 numbers, Split 17:1. C - … What most call quot;European roulettequot; is roulette played on a 37-number wheel, with one zero only. The pays are the same as in American roulette. Getting to know the game. Roulette online consists of three major components - a wheel, a ball, and a roulette board. The roulette board features a grid with the numbers 1 through 36, a single zero, and in the case of American Roulette, a double zero. 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