Understanding The Winning Odds & Payouts Of Roulette

Posted in Gambling | Saturday 14 January 2012 9:02 am

Online roulette is one of the most popular games played online. The rules of the game are quite straightforward, it’s exciting to play and it features some of the most attractive winning odds and payouts.

This traditional online casino game is ideal for people simply looking for a thrilling time but also for serious gamblers. In this article we’ll concentrate on those players who either just starting playing roulette for the first time or are unsure about how to place bets in roulette.

Roulette bets come in two guises, Inside Bets and Outside Bets. The terms are related to the places where you place your chips. Outside bets generally offer better odds, but lesser payouts and almost always command a higher wager than one of the inside of the table.

Placing Outside Bets

Popular outside bet is one that belongs to the Even Money bets and it involves betting on whether the ball will land on Red or Black. A successful bet on colour will pay out 1:1 and the odds against winning are 1.111:1.

This type of bet is most common among players who are looking to wager money for any specific purpose (claim a bonus, win a promotion) or players using a roulette betting strategy such as Martingale. Betting on colour offers the best winning odds in roulette although it returns the lowest of any other bet.

Another way to lower the risk of loosing while getting a return of 1:1 on roulette is to bet on the section 1-18 or 19-36 or bet on the number being Odd or Even. These bets are part of the Even Money Bets and they’re really not different than betting on Red or Black.

If you’re looking for higher payouts then you can use the Column and Dozens bets. Both the column and Dozens offer a 2:1 return on your stake with a slightly higher risk of loosing of 2.167:1.

Roulette Inside Bets

The highest payouts in roulette come from placing Inside bets. These type of bets can payout as much as 35:1 your original stake if you bet on a Single Number and the ball lands on this number. This Single Number bet offers the highest payout in roulette but also the tinniest odd of winning, 37:1

Another fantastic way to get a good return on your bet is to place a Split bet. This type of Inside Bet has odds against winning of 19:1 but will payout your bet at 17:1. You place a Split bet whenever you bet on the line between two adjoining numbers.

One other generous type of Inside bets is the Street Bet. This is when you place a wager on three consecutive numbers (horizontally) like betting on one, two and three or 4,5 and 6. This type of bet will return your wager at 11:1 with 7.89% odds of winning.

Placing a Corner bet will offer an attractive 10.53% chances of winning the bet while getting a 8:1 payout on your stake. This type of Inside bet is when you place a chip in the corner of four adjoining numbers on the table such as betting on one, two, four and five or 17,18, 20 and 21.

You may have noticed by now that the Internet is full of these so-called Roulette Systems which promise to teach you how to win money every time on roulette.

Don’t be fooled by these websites, they’re only trying to either sell you an e-book which is completely useless or they’re trying to steal your credit card details. It’s impossible to cheat at roulette and beat the casino, at least in the long run.

Instead of wasting your money on gimmicks and false promises, give yourself a chance to learn more about bankroll management and how to better play roulette and enjoy playing online.

Teach yourself to beat the odds learning a solid Strategy of Roulette free guide and grab a free bonus from our Deposit Casinos online site.

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