Roulette Bets

The roulette has two different layouts, namely, the European and the American versions. These layouts and how to bet on them are described here.

Online Roulette Bets Roulette wheel layout of today was born in France in 1842. There are two versions of the roulette wheel. One version has 37 numbered pockets including a 0 numbered pocket. This is the European roulette wheel. The American roulette has 00 numbered pockets extra making the number of slots to be 38. The house advantage of the former is 2.63% while that of the later is 5.26%.

Whatever version you are playing the aim remains the same, namely, guessing right where the ball will rest after the spin of the wheel.

Players first purchase chips different from each other in colour in order to avoid confusion. You cannot use chips meant for one table in order table. If you emerge as the winner you will be given the chips that you will take to the cashier for your payment.

There is always minimum bet as well as maximum bet for each table. Your bet must be up to the minimum bet no matter the betting option you are using.

Types of betting options

There are two betting options in roulette. The first betting option is known as the inside bets. You have multiple options to choose from in this betting option.

  • There is straight up inside betting option. Here you place your bet on a number and the payout is 35:1.
  • In split bet, you place your bet on 2 numbers. Your chips have to be astride two numbers. The payout is 17:1. Street bet is another inside betting options. It is also called line bet. Here the chip sits astride the vertical row. The payout is 11:1. You have to place your chip as directed above in the vertical line demarcating the inside betting areas from the outside betting area.
  • In Corner Bet also known as Quad bet the chip is placed so that it touches the 4 angles numbers that you want to bet on. The payout is 8:1.
  • Basket bet has 6:1 payout. It is taken to be the worse betting option in the American roulette because it gives the house advantage of 7.89%. The last betting option in inside bet is the double street bet. It is similar to street bet except that chips sit astride both the upper and low row lines.

The second betting option in roulette is the outside betting options. There are also different ways in which bets can be placed on the outside portion of the wheel. Even money bets are examples of outside betting options. There is also dozen bet in which bet is placed on twelve successive numbers. There is also column bets. Bet is also placed on twelve successive numbers.