A Comprehensive Guide to Different Types of Online Roulette Bets. Roulette is one of the world’s most exciting and oldest gambling games. It remains so to this very day, offering players a mix of excitement, strategy, and a fair degree of luck necessary to beat the game. One gambler even managed to beat roulette, but this is not about him! It’s about how you can use outside bets in roulette to improve your chances of winning.
This short article covers everything you need to know about the different types of roulette bets. This includes roulette bets when you play French Roulette, arguably the best version of the game that we strongly recommend finding and playing yourself! Well, without further ado, let’s get down to business.
Understanding Roulette Bets at a Glance
Alright, so roulette has a bit of reputation for being hard on beginners, but nothing could be further from the truth. Yes, the table and wheel layout could look a bit confusing, but there is an intuitive logic to everything that is happening at a roulette table.
There are two main types of roulette bets, and those include the Inside and Outside Bets. The difference between these two groups is where on the table they are based. The Inside Bets cover all the single numbers which are front and center on any roulette table.
Then, there are the outside bets, that are posted all around this central place of the table, and that tend to cover more numbers at once. There are also call bets which are placed while a roulette game is in progress, and make for an entertaining part of the experience as well. Let’s dig a little deeper into each type of roulette bet group now.
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Inside Bets – Biggest Possible Reward
Inside bets in roulette have a big risk-big reward profile. They are capable of providing you with some very substantial payouts. The simplest type of an Inside Bet you could wager is the straight-up bet. This is essentially picking a number and placing a bet on it. The chances of this bet hitting are actually very slim, but if you do – you have a 35:1 payout.
This means that for every 1 unit you bet, you will get 35 back. If you bet 100 units you can expect 3500 units back. This is pretty neat! Yet, this is a fairly rare event. Don’t worry though, as there are other inside bets. Many inside bets allow you to combine numbers together.
You have street, corner, and split bets, among others. Those allow you to bet on two, three or more numbers at the same time. This way, you can benefit from somewhat higher chance of success, while also enjoying a fairly stable payout. This pretty much sums up the base way such bets work.
Outside Bets – Best for Strategy Play
As the title suggests, outside bets are actually best when you are looking to play a little more strategically. These types of bets tend to cover close to half of all the available numbers. Because roulette numbers are odd and even, red and black, there are bets called “Even Money,” which means that you bet one unit for a chance to win one unit, and have close to a 50% chance to win.
Such outside bets include the High/Low, Even/Odd, and Black/Red. This way, you bet on entire groups of numbers, which is usually half of all the numbers available. These types of wagers are best implemented into a strategy, such as Martingale, Fibonacci or Labouchere, although other stratagems exist.
Some players may even place bets while the wheel is spinning – those are called bets, but the live dealer will let you know once wagers are no longer acceptable with the words “all bets are off.” This only applies to live roulette of course.
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