This is first in a few posts where we’ll be discussing the various bets you can make in roulette. We’ll be covering what is commonly known as inside bets. These are known as inside because they take place within the numbers 1-36 on the roulette wheel plus the 0 slot.
All these bets give the house a 5.26% advantage, except the Five Number bet which is the worst bet on the wheel which gives the house an advantage of 7.89%. Needless to say you should stay clear of the 5 Number bet – it’s strictly for the suckers who want to lose their money. The advantage for the casino is halved if you find a European wheel which has only a single zero, these are becoming more common in US casinos thank goodness!!
Straight Up Bets
A bet on a single number which pays odds of 35-1. Quite simply a bet placed on a single number often referred to as a straight up bet. For example if you place a bet on the number 8 and the number is spun you’ll win 35 times your stake. If any other number comes up then you lose the bet.
The odds are exactly the same whatever number you bet on (including zero). You can also make as many single wager bets as you like as long as you do it in the time allotted by the casinos croupier. Make sure you put your bet clearly withing the center of the numbered box, if you touch the lines with your chip then you’ll end up making another bet!
This is a bet on two seperate numbers which pays odds of 17-1. To make this bet you just place your chip on the line between two adjacent numbers, your stake is then covering both of those numbers. If either is spun then you’ll win at odds of 17-1. You can do a split bet on any two numbers as long as there is an adjacent line covering both of them.
You obviously can’t make a split bet on two numbers at the opposite end of the roulette table such as 1 and 32. In this instance you’d need to halve your stake and make two single straight up bets to cover the two numbers.
A split bet simply doubles your chance to win but at the cost of half the potential payoff. You can also include 0 and 00 in your split bet.
This is a three number bet which pays odds of 11-1
A Trio bet is made by placing a chip on the line sperating the dozens area, from the columns of numbers. For instance in the example above the chip on the number 13 is actually a Trio Bet on the numbers 13, 14 and 15. For covering three numbers you will win offs of 11 to 1 if any of these is spun by the croupier on the roulette wheel.
Again the house advantage on an American Roulette wheel is still 5.26% so the odds are in balance with all other bets on the roulette table.
We’ll cover some more complicated bets in the next post.