Biggest Roulette Payout
We all know the house has an advantage in roulette over the long term, but there are no laws of physics that say it is impossible to win big in roulette. Isn’t that possibility the reason we all play? The house may have the advantage over the long term, but people do win. Some people win big.
Out of all the casino table games, blackjack offers the best odds. Roulette odds are still great, though. As you will see from checking out our roulette payout chart, European roulette odds are better than American roulette odds. This is because European roulette features a single zero. Roulette games with a single zero have a house edge of 2.7%. The SB Community Join the community Biggest Roulette Payout for the chance to learn all interesting news around top bookmakers that also offer the best bonuses for new and existing players. Keep on returning for more Biggest Roulette Payout professional reviews we add on a daily basis. Thus, you will now which bookmakers ratings are the highest before you register with them. Claim the Reward on the Biggest Roulette Payout 'Rewards' page and/or 'Deposit' page. Only one reward can be claimed per promotion period. Rewards available after the Welcome Package is claimed. Every Thursday Wager: 40x Min. Below you will find a simple table that lists the payouts for roulette. For each bet type we have listed how many numbers are covered and the payout you will receive if the bet wins. Quick info about the payout column – With the payout column, we have listed the numbers. It’s essential to understand the odds if you want to increase your chances of getting a big payday in roulette. The odds of hitting a single number with a straight-up bet in American roulette are 37 to 1 because there are 38 numbers (1 to 36, plus 0 and 00).
This post is all about the people who have beaten the odds and taken the house for astronomical sums of money. I originally planned to rank these winners in order of the amounts of money they won. However, that soon proved to be a fruitless task as the time value of money, time’s effects on purchasing power and currency conversions make it difficult to accurately rank these winners.
All technicalities aside, there is some degree of relativism when we talk about “big winners.” Does Bill Gates placing a $200,000 bet (equal to about one hour of work for Mr. Gates) mean as much as the guy who sells everything he owns and bets it all on red? In pure money terms, sure. In “holy $%&@ that was a ballsy bet” terms, not so much.
Also, you can bet there are even bigger winners than these that we never hear about. High rollers in Las Vegas tend to guard their privacy so we’ll never know about some of the biggest wins of all time. Also, this post only includes live roulette winners. Online roulette is a private endeavor and so we don’t hear about the big winners at online casinos.
1. Ashley Revell
Total take: $135,500
Method: Wagered life savings on red
One day in 2004, Ashley Revell took his life savings to Las Vegas and wagered everything on a single spin of the wheel. And when I say life savings, I mean everything. He sold his house, his car, favorite watch, old trophies, all of his clothes except for the ones on his back and then added every penny in his bank account to create a gambling fund of $135,000.
With not a single possession except for the clothes on his back, Ashley Revell flew to Las Vegas and bet everything on red. Sky One (a UK TV channel) heard about his crazy plan and made a mini TV series out of the event.
On the big day, Revell threw down a $135,500 wager on red in front of an audience of millions. The roulette ball began making smooth trips around the wheel and then began to slow. The orbit wobbled, the ball clanged down into the bottom of the wheel, took a few bounces and eventually came to rest on red 7. With one spin of the roulette wheel, Ashley Revell had doubled his net worth.
$135,000 probably isn’t even near the top 50 largest roulette bets ever placed in Las Vegas, but it ranks very near the top in terms of pure ballsy-ness. This one bet represented everything Ashley had accumulated over 32 years of life.
Where is he now?
After winning the big bet, Ashley Revell started an online poker site by the name of Poker UTD. The site is still live, but I saw a few rumors on the internet that he was looking to sell the site in 2012. It looks like he might still run that site though, so take that rumor with a big grain of salt.
As of March 2013, he helps people find online casino jobs at igamingrecruitment.com (a WHOIS search on the domain can confirm this). The site is only a few months old, but it looks like Ashley Revell is staying busy and doing well for himself.
2. Charles Wells
Total take: 2 million francs in 1891
Method: Luck
Charles Wells won a million francs at the Monte Carlo in a single night in 1891. He returned later that same year and won another million francs. Unfortunately, his luck came to an end after that.
Charles continued gambling and lost everything. Then, he was arrested for running business scams and sentenced to 8 years in prison. His total take over the long haul was zero, but he did have one beautiful night in which he won a million francs over the course of a few hours.
Most people say he just experienced the lucky streak of a lifetime. Wikipedia even says that at one point during his escapade, he won on 23 out of 30 consecutive spins of the wheel. But keep in mind, this guy was a known scammer who did at least 3 stints in prison. Was it dumb luck or something more? We will never know for sure.
It is tough to quantify a million francs in modern times. Even if you convert francs to dollars and then calculate the effects of inflation, it still doesn’t give us a clear idea of the purchasing power that kind of money had back in the real world back then. The only thing that’s clear is that it was a massive amount of money at the time.
Where is he now?
Underground. It is said he died broke in Paris in 1922.
3. Mike Ashley
Total take: £820,000
Method: A “complete” bet on 17
Mike Ashley is a billionaire businessman and owner of Newcastle United Football Club. News outlets reported in 2008 that he visited a private Mayfair casino and threw down a complex roulette bet worth nearly half a million pounds.
In one spin, he wagered a total of £480,000 on every possible inside wager that includes the number 17. This includes a straight-up bet on 17, all the splits that include the number 17, all the streets, corners and six-line bets. This is called a full complete.
The same news reports also state that he placed wagers on black, odd, the first half, middle column and middle dozen. In the end, he took home roughly £1,300,000 for a net profit of £820,000. It’s not a whole lot of money for a billionaire, but it is impressive that the ball landed exactly where it needed to land to make the bet a perfect winner.
Where is he now?
Mike is still doing whatever it is that billionaire businessmen do. In recent news, he purchased the fashion chain “Republic” and saved 2100 jobs in doing so.
4. Joseph Jagger
Total Take: $375,000 in 1873
Roulette Payout Keys
Method: Identified biased roulette wheels
Joseph Jagger worked in the cotton mechanics industry and took his experience with machines to the Beaux-Arts casino in Monte Carlo. There, he paid six clerks to secretly note the results of many spins of the roulette wheels there. He found that one of the wheels showed a clear bias which resulted in the numbers 7, 8, 9, 17, 18, 19, 22, 28 and 29 hitting more often than they should have in a truly random wheel.
Joseph Jagger then visited the casino himself, placed his bets accordingly and won the equivalent of $375,000 over the next few days. The casino eventually wised up to his strategy and got rid of the biased wheel. Jagger kept his winnings, retired from his job, invested the money in his own property and never again returned to the casino.
To put that in perspective, $375,000 back then would have a purchasing power of more than $7,000,000 today. The exact numbers are actually different everywhere you look, but $375,000 seems to be the most frequently cited number. Whatever it was, it was a lot of money.
Where is he now?
Joseph Jagger resides at the Bethel Chapel cemetery in Shelf, England.
5. Chris Boyd
Total take: $220,000
Method: Wagered $220,000 on red
Chris Boyd was a 40 year old computer programmer from England who saved $220,000 over a three year period. He took the money to Las Vegas and searched for a casino that would take such a massive bet. Many casinos refused, but he eventually struck a deal with Binion’s Horseshoe Club.
Binion’s had a max bet of $100,000, but they agreed to take his wager this one time. They also covered the 00 slot on their American roulette wheel, which effectively turned it into a European roulette wheel.
Chris bet all $220,000 on red and won the bet. Legend has it that the ball landed on red 7. If you’ve been paying attention, you will have noticed that this is the same exact slot the ball landed on for Ashley Revell.
Where is he now?
I can’t find any recent information on Chris Boyd. It is said that he vowed to never gamble again. Considering that he was a computer programmer and that it only took him 3 years to save an extra $220,000, I would guess that he’s still doing well barring any health issues.
6. Francis Farrugia, Francesco Baioni and Frank Camilleri
Total take: Unknown, millions
Method: Cheating / past posting
Francis Farrugia, Francesco Baioni and Frank Camilleri traveled the world for 20 years ripping off casinos using the age-old trick of distracting croupiers in order to add high value chips to wagers after the ball had come to a rest.
The trio was eventually banned from every major casino in the world but that didn’t stop them. Using fake IDs and disguises, they continued to travel around the world to ply their trade. Major casinos launched investigations and eventually the three-man team was busted.
But the story doesn’t end there for these crooks. The only charges that stuck were related to possessing false identification. Francis Farrugia was eventually sentenced to 9 months in jail, but the sentence was suspended and he was released on supervision. His accomplices also served no time.
News articles are saying these guys were “top hatting” but nowhere does it mention that casino staff were involved (top-hatting is similar to past posting except the croupier purposely helps the cheaters). I think these guys were just traveling past posters.
Where are they now?
The trio has managed to stay out of the news since 2011. It is anyone’s guess as to whether they have retired with their money or are back in the game. The next time you visit a casino, keep your eyes open for a trio of three well-disguised Italians.
7. Spot Reserved for [Your Name Here]
Total take: Undetermined
Method: online casino and good luck
If you’re feeling motivated after reading about these stories of the biggest roulette winners of all time, you’re not alone. Millions of people around the world gamble at online casinos with similar hopes of making it big.
The only thing you need to try your own luck at roulette is an account at an online casino. It is impossible to cheat at online casinos, but think of that as a good thing. It eliminates the possibility of ending up in jail (or worse).
My top pick for roulette fans is Lucky Red Casino. Lucky Red has a long reputation for fair games and lots of bonuses for both new and existing players. They have a no-download option (compatible with Macs) and a downloadable software package that will let you get started today.
Tagged with: roulette
Roulette offers a bewildering number of betting options, but the bets are actually straightforward enough. In order to make sure you get the correct payout, you’ll want to make sure that you put your chips in exactly the right place on the table. Missing a payout because your chip isn’t in the right spot is a drag.
Roulette payouts are an important part of roulette strategy. They work like this. The odds are stated in the form of x to 1, which means you’ll win x dollars for every dollar you’ve bet. For example, the single number bet offers a payout of 35 to 1. If you win, you’ll get your dollar back plus the $35 for the win.
Do you want to play online roulette for real cash prizes in the US? You can at Chumba Casino which offers sweepstakes casino games. Get 2 free sweeps coins for signing-up by clicking here.
BEST FOR: Playing Online Roulette For Cash Prizes
2 Free Sweeps Coins
Available On: Web Browser
BEST FOR: Playing Online Roulette For Cash Prizes
Chumba Casino
4.6
Chumba Casino ReviewChumba Casino is a gaming site that operates as a sweepstakes casino. It offers a variety of slots, as well as video poker, blackjack, and roulette. Chumba Casino offers a convenient platform with numerous games to choose from. Players can enjoy the games with ease as they can be played directly through a browser with no download required.
Chumba is the best online casino site to play roulette for cash prizes. It’s also a great option to practice your roulette strategy online. It’s available to players across the US (except Washington state).
Payouts on the Outside Bets
On the edge of the table are a series of bets which are “outside” the 38 numbers on the table. Each of these bets refers to a specific set of numbers or colors. If the ball lands on 0 or 00, you’ll lose on any of the outside bets.
The outside bets include:
Red or Black – This bet pays out even odds (1 to 1) if the ball lands on the color you chose.
Odd or Even – This bet pays out even odds (1 to 1) if the ball lands on odd or even, depending on which you chose.
Low or High – This bet pays out even money (1 to 1) if the ball lands on 1-18 if you bet low, or if the ball lands on 19-36 if you bet high.
Columns – The numbers on the layout are organized into three columns of twelve numbers each. A “columns” bet wins if the ball lands on one of the numbers in the column you chose. This bet pays out 2 to 1 when you win.
Dozens – There are 36 numbers on the table, so you can bet on the first dozen (1-12), the second dozen (13-24), or the third dozen (25-36). This bet also pays out 2 to 1.
Payouts on the Inside Bets
You can also bet on specific numbers and sets of numbers on the inside of the layout. These bets win less often, but they pay out more when you do win. The house edge on the inside bets is the same as the house edge on the outside bets.
The inside bets for roulette include:
Highest Roulette Payout
Straight-up – This is a bet on a single number. It pays off at 35 to 1.
Split bet – This is a bet on any two adjacent numbers. You place the chip on the line between the two numbers in order to make this wager. This bet pays out at 17 to 1.
Street bet – This bet covers three numbers. You place your bet on the line outside of the three numbers in the row where you want to win. This bet pays out at 11 to 1.
Corner bet – Some people call this a square bet or a quarter bet. It’s a bet on a corner that makes a square, and it’s a bet on four numbers. A win on this type of bet pays out at 8 to 1.
Five-number bet – You can only make one five-number bet, and it’s the only inside bet that offers different odds from all the others. The problem is that it has a higher house edge, making it the worst bet on the table. This bet is on the numbers 0, 00, 1, 2, and 3, and you place the chip on the outside corner line between the 1 and the 0. This bet pays out 6 to 1, but only masochists place this bet.
Six-number bet – Some people call this a line bet. It covers two adjoining rows of numbers. It pays out at 5 to 1.
How Roulette Payouts Give the Casino an Edge
What Is The Biggest Win On Roulette
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.
Payouts For Us Roulette
For example, the odds of winning a straight-up bet are 37 to 1. There are 37 numbers on the wheel that lose, and 1 bet on the wheel that will win. But the bet only pays out 35 to 1, not 37 to 1, so the house wins more often than it loses.
A split bet offers you odds of winning of 18 to 1, but it pays off at 17 to 1.
I could list all of them, but you get the idea by now. The casino has an unassailable mathematical advantage on every bet. No betting system or strategy can overcome this advantage.
Of course, in the short run, anything can (and often will) happen. This is called “standard deviation”, and it explains why some people walk away from the roulette table as winners. The mathematically true results only come around the closer you get to an infinite number of spins.
So the best way to approach roulette is as a lark. It’s a fun game. You can relax and socialize while you play. But don’t expect to win, because the odds are against you. And if you do win, walk away and smile, because you beat the odds.