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Types of Roulette Bets

The Inside Bets
Any bet that takes place on the inside part of the table .. more
frequently referred to as the number grid. Tables will have
minimum wager requirements that must be adhered to. Let's say the
table minimum is $5. That means you can place 5 $1 bets on different
number on the table, but you must make a total of $5 in bets. You
can also just bet $5 on one number.
Straight Bet
Otherwise known as a "classic bet." You are betting that you can guess
the next number that lands. The payoff on a straight bet is 35-1, which
is why it is such a popular bet. A single $10 can return $350 dollars
in just one spin. Conversely though, this is the worst odds of any
bet on the table.
Split Bet, or Two Number
This is when you place your chip on the line separating two numbers.
If either number hits, you get a 17 to 1 payoff. So, let's say that you
bet $10 and place the chip between 28 and 31; if either number hit,
you would win $170.
Street Bet or Three Number
Also called a street bet or a stream bet. This is when you are betting that
one of three
numbers hits on the roulette wheel. The payoff for a bet like this is 11 to
1. So if
you bet $10 and bet on either 13, 14, or 15 to hit, you would win $110 if
any of the
three hit.
Square Bet
Otherwise known as a Four-Number bet. Like a three number bet, this is when
you are hoping that one of 4 numbers that you bet on hits. The payoff on a bet
like this is 8 to 1. For example, if you bet $4 on the numbers 22, 23, 24
and 25,
then you would win $32 if the roulette ball landed on any of the four numbers.
Five-Number Bet
This is betting that one of these 5 numbers will hit: 0, 00, 1, 2 or 3. The
payoff
for this bet is 6 to 1, and can only be played on an American wheel. So if you
bet $6 and one of them hit, you would win $36. This is a very poor bet and
should be avoided at all costs.
Outside Bets
These are bets that are placed outside the number grid, for instance,
betting on
Red or Black. You will find these bets on the part of the table closest to the
player.
Red
Simply betting that the next spin lands on a red-colored number. The payoff for
this bet is 1-1, so if you bet $10 on red and the ball lands on a red
number, you
would win your original $10 back, plus an additional $10 in winnings.
Black
This is when you bet that the ball will land on a black-colored number. Again,
the payoff for such a bet is 1 to 1. If you place $20 in bets on a black colored
number and the ball lands on black, you win your original bet back, plus
an additional $20.
Odd
When you bet that the ball will land on an odd number. The payoff for this bet
is 1 to 1. So if you put $25 on the "Odd" square and the number that lands
is an odd number, you will $25, plus your original stake back.
Even
The opposite of the odd number bet. You are betting that the next number to
land is an odd number. Again, the payoff for such a bet is even money, or 1 to 1.
So a $50 bet would return $50, plus your original bet back if you won.
High Bet
This is when you are betting that one of the numbers, 19-36, will land on the
next spin of the wheel. Payoff for this bet is even money, or 1 to 1.
Low Bet
This is when you bet that one of the numbers 1-18 will land on the next
spin of the wheel. Again, payoff for this bet is even money. So if you bet $100 on the
Low Bet, and any number through 1-18 hits, you will win $100, plus your original
$100 bet
back.
Dozen Bet
This is betting that one of a particular dozen numbers hits on the next
spin of the wheel.
The wheel is divided into 3 different "dozen" groups; 1-12, 3-24, and
25-36. The payoff
for such a bet is 2 to 1. So, let's say that you think the next spin of the
wheel will
land on a number from 1-12. You place a $20 bet on the 1st dozen, and the
wheel lands
on 7. That means you win $40, plus your original $20 bet back.
Column Bet
Similar to the dozen bet in terms of payoff and number of potential winning
numbers,
except you are betting on one of the numbers in a particular column paying
off, rather than one of a dozen numbers. You will notice at the end of the
table, there is space denoted to make a column bet. There are three columns of numbers, the
top, middle and bottom column.
Typical Roulette Bets in Visual Format
Split Bet
When you bet on two numbers that are adjacent
17 to 1
Straight Bet
A bet on any individual number
35 to 1
Corner Bet
When you bet on a block of 4 different numbers coming up
8 to 1
Line Bet
When you bet on 6 different numbers in 2 adjacent rows
5 to 1
Street Bet
A bet on 3 different numbers in a horizontal line
11 to 1
Column Bet
When you bet on one of three possible columns
2 to 1
Dozen Bet
A bet on three groups of a dozen numbers: 1-12, 3-24, 25-36
2 to 1
Even / Odd Bet
A bet on whether the number will be either even or odd.
1 to 1
Black / Red Bet
A bet on whether the color will be black or red.
1 to 1
High / Low Bet
A bet on whether the number that hits is either low (1-18) or high (19-36)
1 to 1
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