Knowing how to bet on roulette is a significant step to a profitable gameplay. Roulette is one of the classic table games with many betting options, each with different odds and payouts. Therefore, a requisite amount of knowledge is needed to wager smartly.
As it is our practice to bring you relevant gaming tips, this breakdown from our casino guide section gives you how to bet on roulette, highlighting the bet types, odds, and payouts.
How To Bet on Roulette: Bet Types, Odds, and Payouts
To understand how betting roulette fares, you must first get an inkling of the layout and demands of the roulette table here at our Slots Paradise Casino venue.
Understanding the Roulette Table
The table comprises a spinning wheel, a betting grid, and a ball. The wheel’s design is the basis for the American roulette vs. European roulette debate.
How many numbers are on a roulette wheel? European roulette has a single zero, which adds up to 37 pockets and consequently better odds. On the other hand, American roulette has a staple double zero, making a total of 38 pockets and a higher house edge.
Spin and watch as the tiny ball moves, stopping inside a pocket. You win if the ball stops on your predicted spot and lose if otherwise.
Now that you’ve read the roulette table description, let’s discuss bet types and their odds.
Roulette Bet Combinations
There are many roulette bet combinations, with the standard being inside and outside bets.
Inside bets
These are wagers on the inner parts of the roulette wheel. Such roulette bet types offer a larger payout but have a higher risk. Roulette inside bets include:
Straight
Straight is a wager on a single number (e.g., 15). It is a risky bet but offers the largest payout (35 to 1). The winning odds (calculated) are 2.70% in European roulette and 2.63% in the American variant.
Split
A split bet targets two adjacent numbers, such as 8 and 9. It has a 17:1 payout ratio and odds of 5.41% (European) and 5.26% (American).
Street
This bet spans across three numbers in a row, such as 7,8,9. It pays out 11 to 1 with odds of 8.11% (European) and 7.89% (American).
Corner
A corner bet covers four (square) numbers sharing a corner, such as 10,11,13,14. The payout is fixed at 8:1, and the odds are slightly higher: European roulette has 0.81% while American roulette has 10.53%.
Line
A line wager is a stake on six numbers across two rows. It pays out 5 to 1 and has odds of 16.22% (European) and 15.79% (American).
Others
The Basket and Snake Bets are other inside bets, but they are unavailable in all casinos. The Basket Bet is on numbers from 0 to 3. Its payout is 6:1 and is only available in the American roulette with winning odds of 13.2%. The Snake Bet is a wager on patterned numbers, and it has a 2:1 payout.
Outside bets
Outside roulette bets and odds are better than inside wagers, especially for new players. The stakes are focused on the outer part of the wheel. They are:
Dozens
A Dozens Bet targets one of three groups of 12 numbers on the wheel, e.g., 1-12, 13-24, and 25-36. The payout ratio is 2:1, with high odds: 32.43% (European) and 31.58% (American).
Columns
Like a Dozen Bet, this bet is placed on a wheel’s vertical column of 12 numbers. It also offers the same payout and odds as a Dozen Bet.
Even-Money
An Even-Money Bet involves staking the ball landing on a specific color (Red or Black), on whether the outcome will be an odd or even number (Odd or Even), or on either high or low numbers (High or Low), i.e., 19-36 (high) or 1-18 (low).
Even-Money Bets have the best odds. Concisely, 48.65% for the European and 47.37% for the American wheel. However, they offer the lowest payouts, at 1:1.
Tips for Smart Roulette Play
How to gamble on roulette requires smart play to minimize risk. No strategy guarantees a win in the 100% luck-based roulette game. But you can always use these tips:
- Manage your gaming bankroll
- Use of betting systems like Martingale, 3 2 roulette strategy, etc.
- Choose outside bets, preferably even-money
- Play European roulette for better long-term odds
Get Roulette Betting!
Mastering wagers is key to knowing how to bet on roulette. We have highlighted the wagers applicable to European and American roulette. Whichever you choose to play, do so responsibly. Ensure proper bankroll management. Learn more roulette machine tips here.
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