Best Roulette Bets - Roulette Inside Bets and Outside Bets
There are several types of bets you can make while playing roulette, and they are all worth noting. You can place roulette inside bets directly on single or multiple numbers, or outside bets placed on several “propositions,” including red-black, odd-even, first, high-low, third dozen, and second.
You can also bet on several other combinations. The best way to try these out is to go to an online casino and play some roulette.
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This article will explain the different types of roulette bets and their benefits and drawbacks. But, first, here are some of the best roulette bets you can make:
This type of bet is characterized by a player betting on single or multiple numbers on the layout. If the number(s) you chose hits, you get to win 35 to 1 on your number. The house edge is 5.26% for the American double–zero and 2.70% for the European single-zero wheel.
This type of roulette inside bet is characterized by placing a bet on a line found between two numbers on the roulette layout. Winnings are awarded if the ball hits any of the numbers where the chip(s) are lying. The payout ratio is 17 to 1. The house edge is 2.70% for the single–zero European wheel and 5.26% for the American double–zero wheel.
Street Bet / Three Number Bet / The Trio or “Side Bet”
This type of inside bet is simply a bet on three numbers. Players place their bets by placing their chips on the outside section border with three numbers. Winning bets are paid out are a ratio of 11 to 1. The house edge for the American double–zero wheel stands at 5.26% and 2.70% for the single–zero European wheel.
Square Bet / Corner Bet / Four Number Bet
In this type of bet, winnings are awarded to bettors if one of four numbers previously selected wins. The dealer can only accept this type of roulette inside bet if the four selected numbers form a square. That’s the reason this type of bet is named the Square. A winning bet will see a player being paid 8 to 1. The house edge for this type of bet is the same as the previous ones.
Five Number Bet
The five-number bet is also known as “The Beast” or “The Monster” and is only found on American double-zero wheels. Just as the name suggests, the five-number bet integrates five numbers that are 0, 00, 1, 2, and 3. Players winning wagers are paid at 6 to 1. Astonishingly, the house edge for the five number bet is 7.89%. A straight-up bet of the five numbers would offer better value and lesser risk as the house edge would have been 5.26%.
Sixline Bet / The Line Bet / Six Number Bet
Players must place their bets only on the outer border sections of six numbers they want to bet on when it comes to this type of bet. Winning bets pay off at 5 to 1. This type of bet consists of the house edge with the American double-zero wheels standing at 5.26% and single-zero European wheels standing at 2.70%. This gives the house a very slim edge, and this is considered one of the best roulette bets you can make.
Inside Bet Odds and Payouts
|Type of Bet||What is it?||Winning Probability||Win Return|
|Single Number Bet||A bet placed on a single number for that spin.||2.63%||35:1|
|Split Bet||A bet placed on the line separating two numbers is a bet on both numbers. The ball landing in either number means a win.||5.26%||17:1|
|Corner Bet||A bet on the corner separating four numbers from each other. Landing on any of the numbers covered is a winning bet.||10.53%||8:1|
|Street Bet||A bet placed on one of the 12 rows of the roulette table. Examples of streets are 1, 2, and 3 or 10, 11, and 12. Landing on any of the three numbers is a winning bet||7.89%||11:1|
|Double Street Bet||A bet placed on the line separating two streets or groups of three. It covers all six numbers in the consecutive streets. Landing on any of the six numbers is a winning bet.||15.79%||5:1|
|5 Number Bet||Also known as a basket bet. This is a bet placed on the numbers 1, 2, and 3 and the two 0’s on the American roulette wheel. This is known as a 4 number bet on a European roulette wheel as there is only one 0. Landing on any of the five numbers is a winning bet.|
Just as the name suggests, a column bet requires a player to place a bet on a column that he or she believes will have the winning number. You will be required to place a number at the bottom of the column where you believe will win. In this type of bet, winnings are paid 2 to 1. If the ball lands on either 0 or 00 you will not be paid as the two numbers aren’t a part of a column. It means that if 0 and 00 show, then the bet is lost. The house edge on the single-zero European wheels is 2.70% while the American double-zero wheels stand at 5.26%.
This type of bet wins if one of a dozen numbers on the layout hits. It is also known as Douzaine in French. The numbers aren’t twelve consecutive numbers on the wheel but only layout numbers. Bets are placed here on First, Second, or Third Dozen. If you wish, you can also place your bets on two of the dozens. The payout for any winnings stands at 2 to 1 and just like the previous bet, 0 and 00 digits appearing on your bet will mean that you lose your bet. Here, the house edge on the American double–zero is 5.26% while the single-zero European wheels are 2.70%.
Odd or Even Bet
This type of bet is characterized by 18 even and 18 odd numbers. The 0 or 00 counts for any bet placed if one of them hits, then the house wins. Winning bets are paid even money meaning one to one. The house edge on the single-zero European wheel is 2.70% while that on the American double–zero is 5.26%.
High or Low Bet
This type of bet gets placed on the layout section with numbers 1 to 18 or 19 to 36. Again, players will lose their bets in the event that 0 or 00 shows. The payoff in this type of bet is one-to-one or even money. The house edge on the single-zero European wheels is 2.70% with the American double-zero wheels being 5.26%.
Red or Black Bet
Also known as Rouge et Noir in French, the red or black bet is more of an even-money bet where a player picks the color of a number that s/he believes will hit. The house edge is 5.26% and 2.70% for the American double-zero wheels and single-zero European wheel respectively. This is one of the best roulette bets, as it gives the house the smallest edge against you
Outside Bets Odds and Payouts
|Type of bet||What is it?||Winning Probability||Win Return|
|Color bet||A red or black bet.||47.37%||1:1|
|Odd or even||A self-explanatory bet.||47.37%||1:1|
|High or low||This is a bet on 1 through 18 or 19 through 36.||47.37%||1:1|
|Column Bet||This is a bet on one of three columns of numbers going down the board.||31.58%||2:1|
|Dozen bet||This is a bet on the first, middle or last dozen numbers. 1-12, 13-24 and 25-36 are the ranges.||31.58%||2:1|