Roulette Betting

When playing roulette, a player gets many options for placing different kinds of roulette bets. Roulette betting is quite easy, and the player gets a longer period of time than, say, in craps, in order to decide where to place his bets.

There are 2 betting types, called the inside and outside bets. The inside bets require you put a total of the table's minimum bet, and outside bets have to be at least the minimum table bet each.

Now after you the most important roulette tips., you'll have the basics down pat, but we still recommend that you continue reading in order to know exactly what bets lie ahead, and find out how to get better winning odds in roulette. Roulette betting can be costly- some of the most famous bets have resulted in wins and losses of millions of dollars- so it pays to stay on top of the game. Therefore, is pleased to present you with a list of bets and their descriptions.

Outside Bets

These bets are called “outside” bets since they're located outside the area of the 37 or 38 numbers (depending on which roulette variation you play). The outside bets can win only for the numbers 1-36, never for 0 or 00. There are various types of “outside bets”, as explained below.

Red or Black – You guess whether the outcome number will be one of the black numbers or one of the red ones. The bet is placed in the area marked with “black” or “red,” depending on the color you want to choose. This bet is quite common, since the winning odds are almost 50%. A common mistake is to assume, for example, that after 5 blacks rolled in the roulette, the 6th number will automatically be a red one. This assumption is incorrect, and you shouldn't count on it.

The Red or Black bet pays 1-to-1, or even money. You bet $10, you win $10.

Odd or Even – This bet is much like the previous bet, only based on even or odd numbers. You try to guess whether the next number to come out in the roulette (1-36) wheel will be odd or even (0 and 00 don't count). You place your chips in the area marked “even” or “odd”, depends on the kind of numbers you want to choose. The Odd or Even bet pays 1-to-1.

Low or High – Will the next roulette outcome number range from 1-18 or 19-36? That's what you guess when placing the High or Low bet, yet another even-money bet. Once again, 0 and 00 don't have any part of this bet and when they come out, all the outside bets are lost. You place this bet in the areas marked 1-18 or 19-36.

Columns – Three areas marked “2 to 1” are located at the end of the 38 numbers set. Each area contains a different Column bet. When extending a line from the Column bet box towards the other, far side of the table, you can see the column you bet on. When a number in the column you wagered on comes out in the roulette spin, you win 2-to-1, meaning for a $10 bet you win $20.

Dozens – A bet much like the previous one, only instead of columns, you bet on the dozens. There are 36 numbers, which can be divided into 3 equal parts: The first (1-12), second (13-24) and third (25-36) dozens. The bets are placed in areas marked “1st 12”, “2nd 12,” and “3rd 12,” and these bets pay 2-to-1.

Inside Bets

Inside bets relate to specific numbers or number combinations, all located in the number area. The total sum of your bets must be higher than the table's minimum bet. These are the inside roulette bets, in order to help you understand more about your odds of winning the roulette game. The inside bets can also include the numbers 0 and 00.

Straight Up – The easiest, simplest roulette bet you can find. You pick a number, any number, place your bets and hope for the best. When your number comes out you win 35-to-1.

Split – This bet is placed on the line between 2 vertical or horizontal numbers located beside each other on the roulette table. When one of the numbers wins, the payoff is 17-to-1.

Street – Similar to Split, this bet allows you to bet on 3 numbers together, as long as these numbers are of the same row (such as 1-3, 19-21 etc.). The chips are placed on the outside of the desired row. When betting the 1-3 row, the bet will be placed on the outer edge of the number 3. When won, the bet pays you 11-to-1.

Corner – This bet refers to a combination of 4 adjoining numbers anywhere on the roulette table, and is placed on the junction of lines between those numbers. This bet, which is sometimes called a square bet, pays back 8-to-1 when one of the 4 numbers comes out in the roulette spin.

Five Number Bet – There's a specific combination of numbers, called the Five Number Bet, which contains the numbers 0, 00, 1, 2 and 3. The chips are placed on the intersection between the 5 numbers, and win 6-to-1 if any of the numbers come out in the roulette.