Roulette Betting Options
There are 2 variants of roulette that we are going to be covering in our guide and these are the American version and the European version. To begin with we shall take a look at the type of betting options that are available on both tables.
The roulette wheel used in the American version of roulette has 38 numbered pockets ranging from 1 to 36 along with a single zero and a double zero.
A player may place his or her chips on several places on the layout, each bet placed will be a wager on a number or a group of numbers.
Single Number Bets
You can place chips on any single number including the zeros, you do this by simply piling your chips on top of the number you wish to bet on, if fellow players have already placed chips on that number simply add yours on top of theirs. This type of single number bet is more commonly know as a Straight Up bet.
In American roulette you will win, should your chosen single number bet come in an will be paid out at 35-1. I.E. if you bet a $1 chip on number 7 and it spins in then you will get $36 returned to you, this is made up of your initial $1 stake and $35 in winnings.
The difference between the American version and the European version is that where as the American version has 36 numbers and 2 zeros the European variant has 36 numbers and just one zero.
This means the expected payback percentages are slightly different on the European roulette table. A winning single number or Straight-Up bet will get paid out at 35-1 on European roulette, which is the same as one the American version yet with one less possible winning number.
So a savvy, educated player will always avoid playing on an American roulette table when there is an European one nearby.
Roulette – Split bet
A split bet is simply one bet covering 2 numbers, if you look at the roulette table layout you will see some numbers are next to each other, for example number 32 is next too 29, 31, 33, and 35 and by placing a chip or chips on the line separating any of these adjacent numbers (the split line) you will be betting that either of them will be spun in.
If you are successful and one of the 2 numbers comes in you will get paid out at odds of 17-1 on both the American and European versions.
Once again when you are placing this type of bet and another player has already placed chips on the split line simply add yours on top.
Roulette – Street bet
A Street Bet in roulette is simply a bet covering 3 numbers, if you look at the roulette table layout you will see the numbers are in rows, beginning with 1,2,3, and working its way upto 34,35,36.
By placing a wager on a Street Bet you are betting that any one of these 3 numbers in your chosen row will spin in. If you are successful you will get paid out at odds of 11-1.
To place a bet on the Street you must place your chips or chips on the outside line at the beginning of the row (if in doubt simply ask the Croupier who will be more than happy to help). This type of wager is also called a three-number bet
Roulette – Five Number Bet
A Five Number Bet is unique to an American roulette table and this bet covers the numbers 1,2,3 and both the double and single zero.
You will be paid out at odds of 6-1 should you have wagered on this option and one of the five numbers is spun in.
The Five Number Bet is however the worse bet you can make as it carries a house edge of 7.89%.
Roulette – Square Bet
This type of bet allows you to bet that any one of four possible numbers will be spun in.
To place a Square Bet you simply need to place a chip or chips on the center spot of your chosen 4 numbers.
An example of a Square Bet are the numbers 20,21,23,24. If you win this bet your payout is 8-1 on both the American and European versions.
Roulette – Six Number Bet
As the name suggests this type of wager covers 6 numbers, it is much like the Street Bet mentioned above however you are covering in effect two rows as opposed to one. Simply place your chips or chips on the outside line that covers you six chosen numbers.
The payouts of this bet is 5-1
Roulette – Column Bet
The roulette table is divided into 3 columns and by placing a wager in any of the boxes at the end of each column you are covering every number in your chosen column. You will be paid out at odds of 2-1 should any of these twelve numbers be spun in.
Roulette – Dozen Bet
You also have the option on betting on the “Dozens” the are the 3 groups of 12 numbers that make up the non zero digits on the table.
The 3 groups are 1-12, 13-24 and 25-36. The payouts for the bet are the same as the column bets and all wining bets get 2-1.
Roulette – Even Money Bet
You also have 6 available even money bets and as such you can place wagers on whether you think the ball that spins in will be either Even, Odd, Red, Black, 1-18 or 19-36. The even money bets are the most common for players.