Roulette Bet Types & Odds Explained: A Comprehensive Guide
Learn about the different types of bets you can place in roulette and understand the odds associated with each. From straight bets to outside bets, this article explains it all. Master the art of roulette betting and increase your chances of winning big!
Roulette bet types and odds explained provide players with valuable information on the various bets available in roulette and their corresponding odds. Understanding these bet types is crucial for players looking to maximize their chances of winning. In roulette, players can choose from a range of bets, including inside bets such as straight bets, split bets, and street bets, as well as outside bets like column bets, dozen bets, and even-money bets. Each bet type offers different odds, which determine the potential payout. For instance, straight bets have the highest payout but the lowest odds of winning, while even-money bets have lower payouts but higher odds of winning. By grasping the concept of bet types and their associated odds, players can make informed decisions and develop effective strategies to enhance their roulette experience.
Roulette bet types & odds explained: |
Inside bets offer higher payouts, but have lower odds of winning. |
Outside bets have better odds of winning, but offer lower payouts. |
Straight bet: Betting on a single number with a 35:1 payout. |
Split bet: Betting on two adjacent numbers with a 17:1 payout. |
- Corner bet: Betting on four numbers in a square formation with an 8:1 payout.
- Street bet: Betting on three numbers in a row with an 11:1 payout.
- Line bet: Betting on six numbers in two adjacent rows with a 5:1 payout.
- Dozen bet: Betting on a group of 12 numbers with a 2:1 payout.
- Even/Odd bet: Betting on all even or all odd numbers with a 1:1 payout.
Contents
- What are the different types of bets in roulette?
- What are the odds for different roulette bets?
- What is an outside bet in roulette?
- What is an inside bet in roulette?
- What is the difference between European and American roulette?
- What are the different color bets in roulette?
- What are the different number range bets in roulette?
What are the different types of bets in roulette?
Roulette offers a variety of betting options to players. Some common types of bets include:
Straight Bet | Split Bet | Corner Bet |
You bet on a single number. | You bet on two adjacent numbers. | You bet on four numbers in a square formation. |
Payout: 35 to 1 | Payout: 17 to 1 | Payout: 8 to 1 |
- Straight Bet: This is a bet on a single number, and it has the highest payout but the lowest odds of winning.
- Split Bet: This is a bet on two adjacent numbers on the roulette table. The chip is placed on the line between the two numbers.
- Street Bet: This is a bet on three consecutive numbers in a horizontal line. The chip is placed at the end of the line.
- Corner Bet: This is a bet on four numbers that form a square on the roulette table. The chip is placed at the intersection of the four numbers.
- Line Bet: This is a bet on six numbers, consisting of two adjacent rows on the roulette table. The chip is placed at the end of the two rows.
What are the odds for different roulette bets?
The odds for different roulette bets vary depending on the type of bet you place. Here are some common odds:
– The odds for betting on a specific number in roulette are 1 in 37 (or 1 in 38 in American roulette), as there are 37 (or 38) possible outcomes and only one winning number.
– The odds for betting on a specific color (red or black) in roulette are 18 in 37 (or 18 in 38 in American roulette), as there are 18 red numbers, 18 black numbers, and one green number (0 or 00).
– The odds for betting on an odd or even number in roulette are also 18 in 37 (or 18 in 38 in American roulette), as there are 18 odd numbers, 18 even numbers, and one green number (0 or 00).
- Straight Bet: The odds for winning a straight bet are 35 to 1, meaning you have a 2.70% chance of winning.
- Split Bet: The odds for winning a split bet are 17 to 1, giving you a 5.41% chance of winning.
- Street Bet: The odds for winning a street bet are 11 to 1, with a 8.11% chance of winning.
- Corner Bet: The odds for winning a corner bet are 8 to 1, giving you a 10.81% chance of winning.
- Line Bet: The odds for winning a line bet are 5 to 1, with a 16.22% chance of winning.
What is an outside bet in roulette?
An outside bet in roulette refers to bets placed on the outer sections of the roulette table. These bets generally have higher odds of winning but offer lower payouts compared to inside bets. Some common outside bets include:
- An outside bet in roulette is a type of bet that is placed on the outer section of the roulette table.
- These bets typically have a higher probability of winning, but offer lower payouts compared to inside bets.
- Examples of outside bets include betting on red or black, odd or even numbers, or the first, second, or third dozen numbers.
- Outside bets are considered to be less risky and are often recommended for beginners or those who prefer a more conservative betting strategy.
- In contrast to inside bets, which are placed on specific numbers or groups of numbers, outside bets cover larger sections of the roulette wheel.
- Red/Black: Betting on whether the ball will land on a red or black number.
- Even/Odd: Betting on whether the ball will land on an even or odd number.
- High/Low: Betting on whether the ball will land on a high (19-36) or low (1-18) number.
What is an inside bet in roulette?
An inside bet in roulette refers to bets placed on the numbers within the main grid of the roulette table. These bets generally have lower odds of winning but offer higher payouts compared to outside bets. Some common inside bets include:
Inside Bet | Description | Payout |
Straight Bet | A bet placed on a single number. | 35:1 |
Split Bet | A bet placed on two adjacent numbers. | 17:1 |
Street Bet | A bet placed on a row of three numbers. | 11:1 |
- Straight Bet: Betting on a single number.
- Split Bet: Betting on two adjacent numbers.
- Street Bet: Betting on three consecutive numbers in a horizontal line.
What is the difference between European and American roulette?
European and American roulette are two popular variations of the game. The main difference between them is the number of pockets on the roulette wheel. European roulette has 37 pockets, numbered from 0 to 36, while American roulette has 38 pockets, including an additional double zero (00) pocket.
The main difference between European and American roulette is that the European version has a single zero slot, while the American version has both a single zero and a double zero slot.
This extra pocket in American roulette increases the house edge, making the odds slightly less favorable for players compared to European roulette. It is important to be aware of this difference when placing your bets.
What are the different color bets in roulette?
Color bets in roulette refer to bets placed on whether the ball will land on a red or black number. These bets are considered outside bets and offer a 1 to 1 payout. The colors alternate on the roulette wheel, with the exception of the green pocket(s) for the zero(s).
In roulette, the different color bets include red and black, with the green color representing the 0 and 00 pockets.
Players often choose to place color bets as they offer a higher probability of winning compared to other types of bets. However, it’s important to note that each spin of the roulette wheel is independent, and previous outcomes do not affect future results.
What are the different number range bets in roulette?
Number range bets in roulette refer to bets placed on specific ranges of numbers. These bets are considered outside bets and offer a 1 to 1 payout. Some common number range bets include:
Inside Bets
1. Straight Bet: Betting on a single number (e.g., 7).
2. Split Bet: Betting on two adjacent numbers by placing the chip on the line dividing them (e.g., 5 and 8).
3. Street Bet: Betting on a row of three numbers by placing the chip on the outer edge of the row (e.g., 10, 11, and 12).
Outside Bets
1. Red/Black Bet: Betting on whether the winning number will be red or black.
2. Even/Odd Bet: Betting on whether the winning number will be even or odd.
3. High/Low Bet: Betting on whether the winning number will be in the low range (1-18) or high range (19-36).
Announced Bets
1. Voisins du Zéro: Betting on a specific series of numbers that are close to zero on the roulette wheel.
2. Orphelins: Betting on the numbers that are not included in the Voisins du Zéro or Tiers du Cylindre bets.
3. Tiers du Cylindre: Betting on a specific series of numbers that are opposite to the Voisins du Zéro on the roulette wheel.
- High/Low: Betting on whether the ball will land on a high (19-36) or low (1-18) number.
- Dozen Bet: Betting on whether the ball will land on a number within one of the three dozens: 1-12, 13-24, or 25-36.
- Column Bet: Betting on whether the ball will land on a number within one of the three columns on the roulette table.