Types of Roulette Bets
Roulette features many different ways to bet. First, let us consider the six inside bets on the numbers, or combinations of numbers.
Straight-Up Bet - Single Number:
To make the single-number inside bet, simply place your chips in any one of the 38 number boxes, including the zeros, being careful that your bet does not touch any line. If the ball lands in the corresponding numbered pocket on the next spin, you win and the bank pays off at 35 to 1. Remember that your original bet stays on the layout and rides on the next spin unless you pick it up. True odds would have been 37 to 1; consequently, the house advantage is 5.26%. This edge is constant for all bets in the double-zero game, with the exception of the five-number bet covered below. When you find a single-zero game, the casino edge is reduced to 2.70%.
Split Bet - Two Numbers
If you want to bet on either of two adjoining numbers on the layout, put your wager directly on the line separating them. If one wins, you are paid off at 17 to 1. There are 62 possible two-number bets.
For a three-number bet, set your chip or chips on the line at the end of any of the twelve rows of three numbers at the junction of the 0, 00, and 2 boxes. The 0, 1, and 2 boxes or the 00, 2, and 3 boxes. This adds up to fifteen available three-number bets, and the payoff is 11 to 1.
Corner Bet - Four Numbers
A chip placed at the intersection of any four numbers is called a corner bet. There are 22 of these, and if any one of the four numbers comes up, you are paid 8 to 1.
The only possible five-number bet is on the line between the zeros and 1, 2, and 3 at the intersection with the 1st-12 box. Of course, this bet is not available in a single-zero game. In the double-zero game, it's the worst bet on the table, paying 6 to 1 with the casino advantage jumping to 7.89%.
You can make a six-number bet on the junction formed by the line dividing any two rows of three numbers where it intersects with the Dozen box. The bank pays 5 to 1 if you bet on one of these eleven combinations and any one of the six numbers is spun.
Next we will explore the five outside bets, covering several groups of numbers, even-odd, and red-black, all spread over twelve betting boxes. These wagers still carry the same house edge of 5.26% for the double-zero game, and your original bet still is left on the layout after a win.
When you place a bet in one of the three boxes at the bottom of the number columns, you are betting on all the numbers above it. If successful, you'll be paid at the 2-to-1 rate printed in these spots.
To wager on the first, second, or third dozen numbers, put your chips in one of the appropriate boxes. If any one of the twelve numbers within the dozen you have selected shows up, the bank also pays 2 to 1.
Low and High Numbers
For a bet on all the eighteen low numbers or all the eighteen high numbers, merely set some chips in one of these two boxes to get even money if you win.
Chips placed in either the Even or the Odd box cover all the eighteen corresponding numbers, and winners are again paid even money.
To make a bet on all the Red or Black numbers, set some chips in the designated box for another possible even-money payoff.