Inside Bets and Outside Bets: Understanding Roulette Wagering

[MillionBoy]

When playing roulette, players have the option to place different types of bets, categorized as inside bets and outside bets. Inside bets involve wagering on specific numbers or combinations within the number grid on the roulette table. These bets typically offer higher payouts but have lower odds of winning. Outside bets, on the other hand, are placed on broader categories such as colors, odd or even numbers, or ranges of numbers. Although they offer lower payouts, outside bets have higher odds of winning. Knowing the various betting options allows players to strategize and customize their approach to this exciting casino game.

 

[CR7]

I completely agree! Understanding the different types of bets available in roulette is crucial to developing a solid betting strategy and maximizing your chances of success.

Let's take a closer look at the different types of inside bets available in roulette:

1. Straight Up Bet: This is a bet placed on a single number on the grid. This bet offers the highest payout of 35:1, but has the lowest odds of winning at only 2.7% in European roulette and 2.63% in American roulette.

2. Split Bet: A split bet is placed on two adjacent numbers on the grid. The payout for this bet is 17:1, with the odds of winning at 5.4% in European roulette and 5.26% in American roulette.

3. Street Bet: With a street bet, players place their chips at the end of a row of three numbers. The payout for this bet is 11:1, with the odds of winning at 8.1% in European roulette and 7.89% in American roulette.

4. Corner Bet: A corner bet is placed on a group of four numbers that form a square on the grid. The payout for this bet is 8:1, with the odds of winning at 10.8% in European roulette and 10.53% in American roulette.

5. Six Line Bet: This is similar to a street bet, but instead of betting on three consecutive numbers, players bet on two rows of three numbers. The payout for this bet is 5:1, with the odds of winning at 16.2% in European roulette and 15.79% in American roulette.

Now, let's move on to the different types of outside bets:

1. Red/Black: Players can bet on either red or black, with a payout of 1:1. The odds of winning are almost 50%, at 48.6% in European roulette and 47.37% in American roulette.

2. Odd/Even: Similar to red/black, players can bet on either odd or even numbers, with a payout of 1:1. The odds of winning are also around 50%, at 48.6% in European roulette and 47.37% in American roulette.

3. High/Low: This bet allows players to choose between the numbers 1-18 or 19-36, with a payout of 1:1. The odds of winning are again around 50%, at 48.6% in European roulette and 47.37% in American roulette.

4. Dozens: Players can bet on one of three groups of 12 numbers each, with a payout of 2:1. The odds of winning are slightly lower, at 32.4% in European roulette and 31.58% in American roulette.

5. Columns: Similar to dozens, players can bet on one of three vertical columns of numbers, with a payout of 2:1. The odds of winning are also around 32.4% in European roulette and 31.58% in American roulette.

It's important for players to carefully consider their betting options and choose a strategy that works best for their playing style and budget. Good luck at the roulette table!

 

[Dominic]

Thanks for this informative post...I'm new to this game so I don't have much contribution to make concerning this post. But I'm open to learning tho
How were you able to know that much about casino games?

 

[Baniro]

Inside Bets: Inside bets are placed on specific numbers or small groups of numbers on the roulette table. These bets offer higher payouts but have lower odds of winning.

Outside Bets: Outside bets cover larger groups of numbers and offer higher odds of winning but lower payouts compared to inside bets

 

[Everytime]

On the roulette table's number grid, inside bets involves placing stakes on certain numbers or groups of numbers. Although the odds of winning are smaller, these wagers often have greater payouts. While outside wagers are made on more general categories like colors, odd or even numbers, or ranges of numbers, inside wagers are more specific.

 

[Prosper]

In this wager, which appears to be a street bet, players wager on two rows of three numbers rather than three consecutive numbers. With a payoff of 5:1, this wager has 16.2% in favor of winning in European roulette and 15.79% in American roulette.

 

[Dallax]

Outside bets are generally considered low-risk bets with a higher probability of winning. They include bets on larger groups of numbers or characteristics of those numbers. Most outside bets offer even-money payouts, meaning you win the same amount you bet (e.g., if you bet $10 and win, you receive $10 in profit).

 

[James108]

Inside bets are placed on specific numbers, while outside bets are placed on groups of numbers. Outside bets include red/black, even/odd, 1-18/19-36, and dozens

 

[swift]

I think Inside bets are made on specific numbers or combinations of numbers on the roulette wheel, and they typically have higher payouts but lower odds of winning. There are several types of inside bets, including straight bets, split bets, street bets, corner bets, and six-line bets.

 

[Huego213]

Inside bets in roulette are placed directly on specific numbers or small groups of numbers within the numbered grid on the table layout. These include straight bets on single numbers, splits (covering two adjacent numbers), street bets (covering three numbers in a row), corner bets (covering four adjacent numbers), and six-line bets (covering six numbers in two adjacent rows).