The roulette is one of the games most famous casino, enjoyed by both online and offline players. It is difficult to find a casino either online or offline without the presence of this game. Roulette is known to be a game of chance and its results are totally dependent on the odds. Therefore, it is crucial to understand the betting and payout mechanism in the game. It is also worth bearing in mind that the odds will vary depending on the variant of the game.
We assume that you probably know that European Roulette offers better odds than American Roulette. Also, the European variant of the game with rules – ‘la partage’ and ‘en prison’ consists of a lower house edge. If you are a beginner or want to pocket big winnings, it is important that you understand the options and the probability of the game.
The player who does not want to risk at all, stays on the safe side by opting for outside bets. Because the external bet offers better options than the internal ones. The most popular type of bet in outside bets is ‘Double Money’ bets because they cover almost half of the possible outcomes except for the number 0 and 00 (in American Roulette).
The bets that double the money in Roulette are – Red, Black, Even and Odd, 1-18 or 19-36. All these bets carry the possibility of winning close to 50% when we speak specifically, the Double Bets can carry a 48.65% chance of winning in the European variants of Roulette and 47.3% of possibilities of winning in the American Roulette. Since these bets have a high priority to win, they have a payout of 1: 1.
In inside bets, you have to bet on a single number or a small number of groups. You can group the numbers in different ways, but they are all related to the number of positions in the table. As mentioned above, inside bets have a lower odds gain than outside odds, but these bets offer a much better payout. The different types of inside bets in Roulette include:
Straight: In this bet, you bet on a particular number and in fact, it is also known as a simple number bet. It has the lowest chances of winning and the highest payouts (35: 1). The options of landing the ball on a specific number are 2.70% and 2.63% in European and American Roulette.
Division: In this bet, you have to bet on two numbers, but there is an implicit condition to the bet. The chosen numbers must be neighbors on the table. This bet consists of a 17: 1 payout and the winning options for the European version are 5.41% and for the American Roulette, they are reduced to 2.36%.
Street: In this bet, players bet on three serial numbers, such as – 5, 6 and 7 or 11, 12, 13. The payout offered for this bet is 11: 1 and the winning options are made up of European versions. and American, which include 8.11% and 7.89% respectively.
Corner: This bet includes betting on four numbers that form a square on the table, for example 1, 2, 4 and 5. The payout offered for the bet includes 8: 1 and consists of winning options of 10.81% for European versions and 10.53% of American versions.