Roulette Even Money Bets: Payouts, Odds & House Edge

Roulette even money bets are wagers on Red or Black, Odd or Even, and High or Low, paying 1:1 when they win. On Casino Plus Roulette tables, these bets win 48.65% of spins with a 2.70% house edge and 97.30% RTP, since only the single zero beats both sides. They offer steadier, lower-variance play than inside bets, which is why many players use them as a starting point.

📒Table of Contents

💰The Basics Behind Even Money Wagers

💰Red/Black, Odd/Even, and High/Low Explained

💰The 1:1 Payout Breakdown

💰Win Probability, House Edge, and RTP Numbers

💰The Role of the Single Zero

💰Even Money vs. Inside Bets at a Glance

💰Finding Out If These Bets Fit Your Playstyle

💰Take These Bets for a Spin at Casino Plus

💰Quick Answers to Common Player Questions

How Do Even Money Bets Work in Roulette?

These wagers are the simplest on the Roulette table because they only ask you to guess one of two broad outcomes. Red or Black, Odd or Even, and High or Low make up the three Roulette even money bets, and each one pays out at 1:1. Unlike inside bets that target specific numbers, these bets cover close to half of the wheel in one go.

What Are the Three Types of Even Money Bets?

Casino Plus Roulette tables offer three even money options, and each one splits the wheel a different way. None of them guarantees a win, but each gives you roughly the same statistical chance as the others.

Bet Type	Covers	Excludes
Red or Black	All red or all black numbers	Zero
Odd or Even	All odd or all even numbers	Zero
High or Low	19-36 or 1-18	Zero

What Is a Red or Black Bet?

This bet asks you to predict whether the ball lands on a red or black number. Every number on the wheel except zero is colored red or black, split evenly between the two.

What Is an Odd or Even Bet?

This wager covers whether the winning number is odd or even, excluding zero. It works the same way as Red or Black, just grouped by number type instead of color.

What Is a High or Low Bet?

High covers numbers 19 to 36, while Low covers 1 to 18. Zero sits outside both groups, which is why neither side wins when the ball lands there.

What Payout Do Even Money Bets Offer?

All three even money bets pay 1:1 on Casino Plus Roulette tables. That means a ₱100 bet returns ₱100 in winnings on top of your original stake, for ₱200 back in total. This is the lowest payout on the table, but it comes with the highest chance of landing a win.

What Are the Real Odds and House Edge on Even Money Bets?

According to Casino Plus's published paytable, Roulette even money bets win 48.65% of the time, just under half because of the single zero on the wheel. The house edge on these bets is 2.70%, consistent with the 97.30% return-to-player rate shown below. These figures apply specifically to Casino Plus's standard single-zero tables.

Metric	Value
Win Probability	48.65%
House Edge	2.70%
Return to Player (RTP)	97.30%

Why Do Even Money Bets Lose When the Zero Hits?

The house edge exists because of the single zero, which belongs to neither Red nor Black, neither Odd nor Even, and neither High nor Low. When the ball lands on zero, every even money bet loses regardless of which side you picked. This one uncovered number is what separates the 48.65% win rate from a true 50/50 split.

How Do Even Money Bets Compare to Inside Bets?

Inside bets like straight-up or corner bets cover far fewer numbers, so they pay much higher odds when they land. A straight-up bet on Casino Plus Roulette pays 35:1, compared to the 1:1 payout on any even money bet. In exchange for that smaller payout, Roulette even money bets give you a far higher chance of winning on any single spin.

Who Should Consider Even Money Bets at the Roulette Table?

Roulette even money bets suit players who prefer steadier, longer sessions over chasing big, rare payouts. Because they win close to half the time, your bankroll tends to last longer compared to betting on single numbers. This makes them a common choice for players who are still learning how Roulette odds behave.

Casino Plus is a PAGCOR online casino, which means its Roulette tables run under regulated oversight in the Philippines. Players who enjoy a faster pace can find the same even money options on Casino Plus's Lightning Roulette, which adds random multipliers to certain straight-up numbers while keeping the outside bets unchanged.

What Have Players Noticed About Even Money Bets in Practice?

Many players who stick to even money bets describe Roulette sessions that last noticeably longer than sessions built around single-number bets. That's a natural result of winning nearly half the time instead of chasing steep odds. This reflects general player experience rather than a formula for guaranteed results.

Test These Even Money Bets on Casino Plus Roulette

Now that you know how odds, payouts, and house edge tie together for Roulette even money bets, you can put Red/Black, Odd/Even, or High/Low into practice at the Casino Plus tables covered above. If you'd like to check the latest promotions and campaigns while you're at it, visit https://www.casinoplus.com.ph/winsday/.