Triple zero roulette has been introduced at two casinos in Las Vegas, Planet Hollywood and New York-New York.
Venetian got the first triple zero roulette table (two, actually) on The Strip back in Oct. 2016, and it seemed inevitable the much-reviled game would proliferate.
How Roulette Payouts Give the Casino an Edge. These payouts all have one thing in common—they pay out less than the true odds of hitting a win. That’s why the casino enjoys a house edge of 5.26% on roulette. Your odds of winning are always less than the payout amounts. For example, the odds. The zero is the only green number on the roulette wheel, and it marks the difference between a European Roulette wheel and an American Roulette wheel, as a European wheel has one zero pocket and an American wheel has two zero pockets (the 0 and the 00). On a European Wheel, the 0 sits between black 26 and the red number 32. It’s simple math really. Triple Zero Roulette wheels have 39 spaces because there’s a green zero, green double zero, and a green triple zero. Another extra space on the wheel means another major impact on your odds of winning. In fact, the RTP on Triple Zero Roulette is an abysmal 92.3 percent. Introducing Triple Zero Roulette. Odds & Payouts at American Roulette The probabilities in American and European roulette are different because American roulette has an extra green number (the double zero - 00), whereas European roulette.
That it has.
Here’s a look at the triple zero roulette table at Planet Hollywood.
On the bright side, one of the “fun facts” about roulette stays the same: The numbers on a roulette table add up to 666.
“What is triple zero roulette?” you ask.
Well, a typical roulette table in U.S. casinos has two zeros.
On a table with two zeros, the house edge is 5.26%. That’s one of the highest house advantages in the casino.
On a triple zero roulette table, the house edge jumps up to 7.69%.
See, that’s what makes a much-reviled game so reviled.
Given the odds are worse on a triple zero table, why would people play it? You ask great questions!
Typically, the minimum bet on a triple zero roulette table is lower than on a double zero table.
Yes, there are some single zero tables in Las Vegas casinos, but they tend to be reserved for big spenders. An exception is the single zero table at Cromwell. There’s a premium to be paid for the better odds, of course. The minimum bet at Cromwell is $25.
The house edge in a single zero roulette game is 2.7%. You go, Cromwell.
How did we know more triple zero games would make their way to Las Vegas casinos? Another excellent question!
We knew because players at Venetian’s triple zero roulette table (see below) didn’t care at all about the less favorable odds.
Triple zero roulette tables are often packed when double zero tables are empty.
It was the same at Planet Hollywood during our visit.
Planet Hollywood has eight roulette tables. Seven have a $15 minimum, one has a $10 minimum. The lower table minimum is more than enough to entice recreational gamblers, and casinos couldn’t be happier about it.
Before you start calling triple zero roulette players stupid, consider this: They’re not gambling to make money. They’re playing to have fun.
And here’s a confession: We had fun playing triple zero roulette at Planet Hollywood, too. And we won money to boot.
We even made money on one of the bets you’ll only find at a triple zero roulette table. It’s a bet on any of the zeros, and it pays 11-to-1.
Big thanks to Planet Hollywood for not asking security to Taser us for taking photos.
Oh, and while we’re at it, here’s another counter-intuitive fact about triple zero roulette: It can actually make your money last longer.
It’s true!
Despite disadvantageous odds, the lower table minimum at triple zero roulette means a typical player (assuming they make the minimum bet) will lose less over time than someone betting more at a double zero roulette table.
That’ll teach you to be less judgy.
So, no, not everything is ruined. But that doesn’t mean we have to like triple zero roulette.
Triple zero roulette is a symbol of an evolution taking place in Las Vegas casinos. As gambling revenue declines, casinos have to find new and clever ways of bolstering their bottom lines.
If guests play games with a higher house edge, casinos will continue to find ways to raise them even higher.
The irony, of course, is gambling revenue is declining because the perceived value of gambling has declined. Casinos tighten their slots, so players play slots less. Casinos change 3-to-2 blackjack games to 6-to-5, so fewer play the game. It’s a vicious cycle.
Our strategy is to play the games where we have the most fun. That way, we can spend our time being entertained rather than doing math.
We’d love to hear your thoughts. Do you care about the number of zeros on your roulette table?
Thanks to our friends at the You Can Bet on That podcast for alerting us to the triple zero roulette table at Planet Hollywood.
Updated (4/26/18): Park MGM has also introduced triple zero roulette.
Updated (4/13/19): Since this story, a number of Las Vegas casinos have introduced triple zero roulette. Las Vegas casinos with triple zero roulette:
- Venetian and Palazzo
- Planet Hollywood
- Circus Circus
- Golden Nugget
- Park MGM
- New York-New York
- Harrah’s Las Vegas
- Luxor
- Wynn Las Vegas
- Linq
- Binion’s
- Four Queens
- Aria Las Vegas
- Caesars Palace
- Green Valley Ranch
- Palms
For the most part, calculating roulette payouts is just a matter of multiplication. Each bet pays out at certain odds, and that determines what you multiply the bet by to get the payout. Also, as with most table games, the payouts are done on an X to Y basis, as opposed to an X for Y basis.
Bovada poker scam. This post wants to cover roulette payouts in some degree of detail, though, including how much each bet pays off.
More importantly, I want to explain how the croupier is able to calculate payouts for roulette so quickly. Guess what? They have a system for that.
Payout Odds in Gambling
When you’re gambling on something, you get paid off using odds. Some games offer even odds, which means that if you bet $100, you win $100 when you win.
Most games, though, have various payouts for various kinds of bets.
The top jackpot on a video poker machine pays off at 800 for 1.
And that’s an important distinction. There’s a big difference between a payoff of 800 for 1 and a payoff of 800 to 1.
With table games like roulette, the payoffs are in the form of 2 to 1, 3 to 1, 35 to 1, etc.
This means that if you win the bet, you get to keep the amount you bet, and you get the winnings along with it.
If you bet $100 on a single number at the roulette table and win, you get a payoff of $3,500. But you also get to keep your $100.
With gambling machines, payouts are made on a “for” basis instead of a “to” basis. This means your winnings are traded for what you risked.
If you bet $5 on a slot machine and win a $10 payout, you don’t get your $5 back on top of that.
This is an important distinction you should make. Most gamblers don’t stick just with roulette, so if you’re going to play other games — and you probably will — you should understand how that works.
Specific Payouts in the Game of Roulette
In roulette, you have a huge variety of bets you can place. You bet on a single number. Or you can bet on two numbers — if either of those numbers come up, you win. Or you can bet on three numbers, and if any of those three numbers come up, you win.
The more likely it is for you to win, the lower the payout is.
A bet on black wins almost half the time. The payoff for that bet is only 1 to 1, or even money.
A bet on a single number pays off at 35 to 1, which is a big payoff, but it also only wins 1 out of every 38 spins on average.
The Difference Between the Odds of Winning and the Payout Odds
The casino makes its money from the difference between the odds of winning and the payout odds.
You know how you can express the payout on a bet as odds?
35 to 1 is an example of how you’d express a payoff on the single number bet.
The odds of winning can also be expressed in the same way.
On a standard American roulette wheel, you have 37 ways to lose a single number bet and only one way to win.
This means the odds of winning are 37 to 1.
Since the odds of winning are lower than the payoff for the bet, the casino makes a profit in the long run.
Once out of every 38 spins, they’ll pay off a single number bet, but they’ll only pay off 35 to 1 on that bet. The rest of the money goes into the casino’s pocket.
The casino deals in long-term averages, especially when it comes to roulette.
Roulette Bets and Their Payoffs
Here’s a list of bets you can make at the roulette table and how much each of them pays off.
The Outside Bets
These are the bets on the outside of the betting surface, and they’re the bets that pay off the most often. As a result, you win less with these bets.
Here are the outside bets you can make:
- Red(or Black) – You can bet on the color of the number, and the payout is even money — 1 to 1
- Even (or Odd) – You can bet that the number will be even or odd, and the payout is again even money — 1 to 1
- Low (or High) – You can bet that the number will be 1-18 (low) or 19-36 (high). The payout is even money on this one, too
- Columns – The numbers on the betting surface are organized into three columns. You can bet that the ball will land on one of the numbers in that column. The payoff, if you guess right, is 2 to 1
- Dozens – The numbers can be divided into 1st third (1-12), 2nd third (13-24), and 3rd third (25-36). If you guess right, you get a 2 to 1 payout
On all these outside bets, 0 and 00 count as losses. Those numbers are green, and they’re not considered even or odd, high or low.
The Inside Bets
These are the bets on the inside of the betting surface. They pay out better but have a bigger chance of losing.
Here are the inside bets you can make:
- Straight Up – This is a bet on a single number and pays off at 35 to 1
- Split – This is a bet on two numbers that are next to each other. It pays off at 17 to 1
- Street – This is a bet on three numbers, and it pays off at 11 to 1
- Corners – This is a bet on four numbers, and it pays off at 8 to 1
- The 5-Number Bet – You can only bet on 0, 00, 1, 2, and 3 if you want to bet on five numbers, and it pays off at 6 to 1. This is the only bet on the roulette table with a different house edge from the other bets — 7.89% (the other bets have a house edge of 5.26%)
- Line – This is a bet on six numbers and pays off at 5 to 1
Payout For Double Zero Roulette
All these bets would be a break-even proposition in the long run IF the wheel didn’t have a green 0 and a green 00.
How the Croupier Makes the Payouts So Quickly
The first thing the croupier does after the decision is to clear all the losing bets off the roulette table. Since he’s intimately familiar with the layout of the betting surface, this doesn’t take long at all.
Also, all the players at the roulette table have chips that are specifically colored so that they have the same color. You can’t use the roulette chips at the other table. This enables the croupier to tell your bet from someone else’s. It’s the color of the chips.
To calculate the payouts, you just multiply the bet by the payout odds.
If someone bet two chips on a single number and it won, you’d multiply 2 by 35 and get 70. That’s how many chips you’d give the player in winnings.
He doesn’t really have a magical system, either. He knows the payouts for the various bets, and he’s able to do the multiplication in his head. It’s easy multiplication, but even if it weren’t, he’d eventually just be able to memorize the correct payout relative to the number of chips bet.
Also, he doesn’t really think of the chips as money. They’re just betting units. Jackpot cash casino.
Can Any of This Information Help Me Win at Roulette?
Naw.
Roulette Payout Sheet
Roulette’s a negative expectation game.
You might get lucky in the short run, but if you play long enough, the math behind the payouts will eventually reduce your bankroll to 0.
Conclusion
And that’s how to calculate roulette payouts. You just memorize which bets are possible and how much they pay off. Once you know that, calculating the payouts is just a matter of multiplication.
Croupiers are able to do it quickly because they do it all day every day.
I’m able to make change in my head because I worked for years on cash registers that didn’t calculate change. I know how to subtract from 100 without any effort at all. Betsafe casino review.
Calculating roulette payouts is a similar skill.