Best Roulette odds

roulette-bets

Types Of Roulette Bets:

The two main types of bets are “inside” and “outside”. There are different betting limits for each type of bet. Usually you can bet much higher on outside bets. This is for a few reasons, but mainly because the payouts are much higher on inside bets.

The Types of Roulette Bets, Roulette Odds and Chip Placement

(1) Straight (1 number): 35-1 payout (pays your original bet PLUS 35 units). The example covers number 2.

(2) Split (2 numbers): 17-1 payout (pays your original bet PLUS 17 units). The example covers numbers 2 & 6.

(3) Street (3 numbers): 11-1 payout (pays your original bet PLUS 11 units). The example covers 7, 8 & 9.

(4) Square (4 numbers): 8-1 payout (pays your original bet PLUS 8 units). The example covers 8, 9, 11 & 12.

(5) Six Line (6 numbers): 5-1 payout (pays your original bet PLUS 5 units). The example covers numbers 13, 14, 15, 16, 17 & 18.

(6) Colours (18 numbers): 1:1 payout (pays your original bet PLUS 1 unit). The example covers all black numbers.

(7) Dozens (12 Numbers): 2-1 payout (pays your original bet PLUS 2 units). The example covers numbers 13 to 24 (the second dozen).

(8) Highs / Lows (1-18 or 19-36): 1-1 payout (pays your original bet PLUS 1 unit). The example covers numbers 19 to 36.

(9) Odds/Evens (18 numbers): 1-1 payout (pays your original bet PLUS 1 unit). The example covers all odd numbers.

(10) Columns (12 numbers): 2-1 payout (pays your original bet PLUS 2 units). The example covers numbers 2, 5, 8, 11, 14, 17, 20, 23, 26, 29, 32, 35.

Avoiding Common Misconceptions

One of the most common mistakes a roulette player will make is to increase bets after losses, without any consideration to predicting the winning number. It should be obvious that roulette is all about the winning number. And the idea is to bet on the winning number. But almost every roulette system does not even consider why the ball lands where it does. It sounds ridiculous but it’s true. The average roulette bet made by players don’t even consider variables that determine where the ball will land.

For example, a simple system may be to bet on red but increase your bet size after a loss. The theory is that increasing the bet size will allow you to win back any losses. But the reality is you are simply increasing the amount you wager on the next spin. Each spin has no correlation to the following spin, at least not in the way that such a betting system assumes.

Another example is consider 10 reds spinning in a row. One roulette player says “red is on a streak, I must bet red”. Another player says “black is due to spin next, so I’ll bet black”. So who is right? Neither of them. This is because the odds of red or black spinning are still 50/50 (neglecting the existence of zero for now). It’s amazing how every player at the table things either one way or the other when there is a long streak of a particular colour. Meanwhile the casino owner is sitting back rubbing their hands, grateful that the players have no idea that the illusion of streaks or due events is all in the player’s head.

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