One of the most popular games at the casino is roulette. It’s easy to understand, exciting and offers some large payouts.
Perfect for recreational and serious gamblers alike. This article is aimed at the former, those players who want to play roulette but are unsure of what to bet on as well as the payouts of roulette bets.
Roulette bets come in two flavours, Inside Bets and Outside Bets. The terms are related to the places where you place your chips. Outside bets generally offer better odds, but lesser payouts and almost always command a higher bet than one of the inside of the table.
Placing Outside Bets
One of the most popular type of bets is betting on Red or Black, also known as Even Money Bet. The reason why this type of bet is so popular is because the odds of winning are almost 50:50 although the true odds are really 1.111:1 and if successful this bet will return you stake at 1:1.
Perhaps the most common use of these kind of outside bet is for bonus staking requirements. Many casino players who use this kind of bet are either looking to contribute to the wagering requirement of a free casino bonus or they’re using it as part of their roulette betting strategy. The upside of colour bets is that you have the lowest risk of loosing your bet but the downside is that you also get the lowest return possible.
Other popular outside bets, that offer the same payouts and odds of winning, are betting on the ball landing on numbers 1-18 or 19-36 and also an odd or even number.
Another type of outside bets are the Column bets and betting on either the first, second or third Dozens. These type of bets offer a better payout on your wager of 2:1 in exchange for a slight increase on the loosing odds of 2.167:1.
Inside Bets
The Inside bets are the most attractive bets in roulette with the highest payout at 35:1. This massive payout is triggered if you successfully place a Single Number bet. The probabilities of you getting a 35:1 payout from a Single number bet is 37:1 which are actually not all that bad if you compare it to other casino games.
The next most lucrative type of Inside bet is the Split bet. This kind of bet offers the second highest payout on the roulette table a generous 17:1 on your bet with odds against winning of 19:1.
If the Single Number bet is too risky for your taste, you can opt for the Street Bet. This type of Inside Bet offers you a payout of 11:1 an a house edge of 5.26%. A Street Bet is nothing more than betting on any three horizontal numbers for example 1,2 and 3 or 4,5 and 6.
Betting on the corner of four adjoining numbers in a block is called Corner bet. This type of bet offers a 8:1 payout on your stake with 8.5:1 odds against winning.
It’s important to note that there are literally thousands of websites on the net that promise to show you how to cheat on roulette. Many of these website can be very convincing and even feature testimonials from people who supposedly have tried the product and made a lot of money.
You should not be tempted by these websites are these are either a scam who only want to get your credit card details or fraudsters that are selling an e-book with completely useless information. There’s simply no way to cheat at roulette and win every time, not even in the long run.
Instead of wasting your money on gimmicks and false promises, give yourself a chance to learn more about bankroll management and how to better play roulette and enjoy playing online.
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