Roulette has two categories – the Inside Bets and Outside Bets which names are from the bet position according to the game's table layout. This is something that every player, even beginners should know. Most likely, the Inside bets have fewer chances of winning but have greater payouts. On the other hand, Outside Bets have the more winning possibility but lesser payout.
To help you understand better, let's discuss them one by one.
When you take a look at the roulette table layout, you will see that there are the numbers (1-36, 0 and 00 in the American roulette), as well as other sectors for bets. The inside bets are the ones that players can place their bets directly on the numbers themselves. This bets cover from 1 to 6 numbers and pays from 6x to 36x the original bet. Most of them are available on both single zero and double zero games, while some like Trio, Basket, and Topline can only be found when playing specific variants of the game.
Straight is betting on one specific number. This bet has the lowest probability of winning, and the highest payout 35:1.
Split means betting on two adjacent numbers out of the 37 available. The payout for this bet is 17:1.
Street is a three-number bet where you place your bet on the line outside of the three numbers in the row where you want to win. A street bet payout for winning is 11:1.
Corner means betting on four numbers that form a block or square. This bet pays 8:1.
Double Street means betting on two rows of numbers, a total of 6 numbers. The payout is 5:1.
Basket is available only in American roulette and allows players to bet on the zero, double zero, 1, 2, and 3. The payout is 6:1.
Outside bets are placed on the sectors of the roulette table layout outside the 37 numbers on the table. For the needs of out of doors bets, zero and 00 aren't red or black, odd or maybe, or high or low.
Red or Black bets pay out even odds (1 to 1) if the ball lands on the color you choose.
Odd or Even bets pay out even odds (1 to 1) if the ball lands on odd or even, depending on which you chose.
Low or High bets pay 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 bet wins if the ball lands on one of the numbers in the column you chose. This bet pays out 2 to 1.
Dozens In the 36 numbers on the table, 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.
There is a third type of bet that is a bit more advanced which is called the Announced bets. These aren’t a part of the know-how every roulette player needs to have and these bets are not a part of the game in all casinos. These bets are generally connected to the French or European roulette and its wheel layout. The player must place the required amount of money in play after announcing their bet, and prior to the outcome of the spin.
Neighbors of zero (Voisins du zéro): This bet covers 17 numbers from 22 to 25 (inclusive) on a single zero roulette wheel.
Zero game (Jeu zéro): This bet covers the zero (0) itself and 6 numbers close to it. Therefore, 7 numbers are covered in total.
Third of the wheel (Le tiers du cylindre): This bet covers 12 numbers from 27 to 33 (inclusive) on a single zero roulette wheel. Bet’s coverage is located on the opposite side of the wheel.
Neighbor bets: This bet can be applied to any number(s) on the roulette wheel. This is a bet of five chips or multiples of five chips that cover any selected number and the four numbers closest to it on the roulette wheel two on the left, two on the right.
Final bets: This is a bet on all numbers that end in a specific digit.
Complete bets: Also called Maximum bets maximize the total amount of inside bets that can be placed on any number.
Roulette may not be the game a player gets the best odds with but make sure to remember the possible bets that you can use and utilize that knowledge when creating your strategies can give you bigger payouts.