When roulette betting, you may place your money or chips on a single number or groups or numbers and even colors. Below is the common roulette betting options that you have.
Roulette Betting: Inside Bets
Inside bets are roulette betting options that you have when placing chips on a numbered space or on the line between them. In roulette table layout, one box contains all the 36 numbers from 1-36 arranged in three-numbered rows and twelve-numbered columns.
You have the roulette betting option to place a straight bet where you put your chip in the center of any single number. A straight bet may be made on numbers 0, 00, and 1 through 36. If your number hits, the payout is 35:1.
Another roulette betting option that you have is the split bet or the two-number bet. This is when you place your chip on the line that separates two numbers so that if either number hits, you win with a 17:1 payout.
The third roulette betting option is the street or three-number bet. This roulette betting option allows you to bet on three numbers in a row. The payout is 11:1 if you win.
The corner bet is the roulette betting option where you are allowed to place one bet on four numbers. If any of these numbers comes up after the spin, you get the payout of 8:1.
The fifth roulette betting option that you have is the five bet. It is so called because you may place your chip on five specific numbers, which are the 0, 00, 1, 2, and 3. Payout for this is 6:1.
The sixth and final roulette betting option you have for inside bets is the six line bet. You are allowed to bet on two rows of three numbers and should any of your numbers comes up, you get paid 6:1.
Roulette Betting: Outside Bets
In roulette betting, the outside bets are so termed because they are placed outside the numbered-box in the roulette table layout.
A Red/Black bet is a roulette betting option that you have if you want to go for either color. This covers all 18 numbers colored either black or red. The payout for this is 1:1.
Another outside roulette betting option that you have is the High/Low bet. You have the roulette betting option to choose the high set of numbers 1-18 or the low set 19-36. The payout is the same as in Red/Black. If zero comes up, you lose.
Even/Odd bet is a roulette betting option you have where you place your money on the 18 odd or even numbers. Again, the payout is 1:1 and if you get a zero, you lose.
You also have the roulette betting option to go for the Dozen. This is where you can bet on the first dozen (1-12), second dozen (13-24), or third dozen (25-36). If you win, the dealer pays you 2:1.
The column bet is the roulette betting option where you bet on all numbers in a column with a payout of 2:1.