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Roulette odds and payouts. 1:1 payout means you receive 1 chip plus your original bet 5:1 payout means you receive 5 chips plus your original bet. The house edge is the advantage the casino has over players. So if the house edge is 2. 7% and you bet $1, you can expect to lose $0. 027 every 37 spins. This is one of the many unique goodies you get here on easy vegas. Ultimate roulette odds calculator. Number of slots on the wheel: 37 (single-zero) 38 (double-zero) 39 (triple-zero) other. A specific number red black even odd. Most short-paying roulette machines only pay 31:1 for a straight bet and 15:1 for a split bet. For a single zero game, this increases the house edge of these bets from 2. The advantage of a single zero on the wheel is lost for these two bet types. You can bet on the first, second, or third dozens of numbers (1-12, 13-24, 25-36), or on the first, second, or third column. A roulette payout calculator puts the winning odds for those bets at 32. 43% in european roulette, and 31. 58% in the american version. This electronic roulette combines an authentic wheel with the speed and excitement of a slot machine. A color display board offers the latest statistics on table happenings and a camera displays the live ball drop on-screen. Players will enjoy modern 22 inch touch screens to place their bets and explore possible payouts It cuts the house edge on red/black, odd/even, and hi/lo to 1. All other bets on both tables have a 2. Encore, wynn, and upscale mgm properties are the only ones that offer european roulette in las vegas. The minimum bet at mgm grand is either $10 or $25. The others all require at least $100 to play. Roulette odds and payouts. 1:1 payout means you receive 1 chip plus your original bet 5:1 payout means you receive 5 chips plus your original bet. The house edge is the advantage the casino has over players. 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