Roulette bet is divided into Inside and Outside bets. Among these bets, there are plenty of sub-bets for the players to choose from. Every bet has their own probability and their payouts are set accordingly for the winners. Some of these bets come with high risks, others present a low risk. So players need to pick their choice of bet according to their Roulette strategy.
One of the Outside bets is Even bet which offer players with a payment of 1-to-1. No wonder this Roulette bet is pretty popular among the players. Read on to find more details on Even bet and how they work.
What Are Even Bet in Roulette?
Roulette offers players many different bets to choose from. Each of the bets offered has its own probability of occurring and different payouts offered for winning the bet. There are high risk bets and low risk bets so each player can choose the level of risk they are comfortable with.
The European roulette wheel has 37 numbered slots with numbers ranging from 1 to 36 and the number zero. The American roulette wheel has 38 numbered slots with numbers ranging from 1 to 36 and the number zero and double zero.
On both roulette wheels the numbers 1 to 36 are split equally with 18 even numbers and 18 odd numbers. Zero and double zero do not count as either an even or an odd number.
Players can make bets by predicting whether the roulette ball will land on an even number or an odd number. Making a correct prediction will award the player a payout of 1-to-1 for their bet.
Even Roulette Bet basics
In European Roulette table, there are 37 numbers viz., 1 to 36 along with a single zero while in the American Roulette table, you will find 38 numbers ranging between 1 and 36 along with one single zero and one double zero. The same gets represented on the respective Roulette wheels too. So, on the Roulette wheel, these 36 numbers are divided equally into 18 odd and 18 even numbers. But the zeros whether single or double do not get represented as even or odd number. Once this is set, players get to make their bets by speculating if the ball will stop on an odd or even number. If the players predict it correctly, they get paid with a payout of 1:1 on their bet. This is known as Even bet.
The Probability of winning at the Roulette bet
Consider that the Roulette table had a total of 36 numbers only without any zeros in them. In this case, you will get half or 18 numbers as even and the rest half odd numbers. So when you make your Roulette bet on this setup, the odds of you winning an Even bet will be 50%, since the even make up for half the total numbers.
But this is not the case in reality. Roulette wheel does not come with just 36 numbers. Instead, in the European Roulette you will get an extra zero along with these 36 numbers which make up for 37 numbers and in American Roulette, you have two zeros which add up to a total of 38 numbers.
Therefore, when you calculate the winning probability in the case of European Roulette, it goes like 18 divided by 37 will be 48.64%. So according to this calculation, the probability of winning Even bet will be 1.01:1 and that too with a payout of 1:1. Similarly, in the case of American Roulette, the probability becomes 18/38 = 47.36%. Accordingly, the probability of winning an Even bet becomes 1.1-to-1 in American Roulette. But this is not considered and instead, the same payout as in the case of European Roulette is taken. This holds true for the Live Roulette games too.
The Rule of En Prison
The ‘En Prison’ rule is available in the French Roulette tips to bet along with some of the European Roulette bets. In French, ‘En Prison’ means ‘in prison’. So according to this, if the ball lands on zero after the spin players get to imprison their Even bets to play for next rounds. This means players get two spins at the cost of one if they are playing for bets of even-money with the ‘En Prison’ rule. Also, these bets end up lowering the house edge significantly.
How do the players benefit from Even bet?
Roulette bet come in two types, Inside bets and Outside bets. Inside bets are the bets which are applied on the group of numbers found inside the Roulette table. These bets are adjacent to each other and are made on a few numbers. Outside bets, on the other hand, are made on the many numbers found outside the Roulette table.
The probability of winning Outside bets is higher compared to the Inside bets. As said earlier, Even bet is an Outside bet. Therefore, players can profit betting on the Even bets because they are Outside bets which present higher odds of winning and rules like ‘En Prison’ add more to the benefit of players.
The even bet is one of the best bets offered in roulette. It is true that it does not offer a huge payout but that is reasonable considering the low level of risk attached to it. Players that focus their roulette playing on making outside bets such as the even bet, have a better chance of making their bankroll last longer.