In roulette, inside and outside bets refer to different types of wagers that players can place on the roulette table. The main difference lies in the odds, payout potential, and the numbers or groups of numbers covered by each bet. Here’s a breakdown of inside and outside bets in roulette:
Understanding the Difference Between Inside and Outside Bets in Roulette
Inside Bets:
- Straight Bet: Placing a bet on a single number by placing the chip directly on that number. This bet has the highest payout but the lowest probability of winning.
- Split Bet: Betting on two adjacent numbers by placing the chip on the line between the numbers. If either number wins, the bet pays out at a lower rate than a straight bet.
- Street Bet: Betting on a row of three numbers by placing the chip on the edge of the row. If any of the three numbers win, the payout is lower.
- Corner Bet: Betting on a block of four numbers by placing the chip at the intersection of those numbers. If any of the four numbers win, the payout is lower than the previous bets.
- Line Bet: Betting on two rows of numbers (six in total) by placing the chip on the edge at the intersection of the two rows. If any of the six numbers win, the payout is lower than the previous bets.
Outside Bets:
- Red/Black: Betting on the ball landing on either a red or black number. This bet covers half of the numbers on the roulette wheel (excluding the green 0 and 00) and pays out even money.
- Odd/Even: Betting on the ball landing on either an odd or even number. This bet also covers half of the numbers (excluding 0 and 00) but pays out even money.
- High/Low: Betting on the ball landing on either a high number (19-36) or a low number (1-18). This bet covers half of the numbers and pays out even money.
- Dozens Bet: Betting on a group of 12 numbers (1-12, 13-24, or 25-36). If any number within the chosen group wins, the bet pays out at a higher rate.
- Column Bet: Betting on a column of numbers. The roulette table is divided into three columns, and this bet covers all the numbers in the chosen column. If any number in the column wins, the bet pays out at a higher rate.
It’s important to note that the odds and payouts of each bet correlate with their probability of winning. Inside bets offer higher potential payouts but lower odds, while outside bets have lower payouts but higher odds of winning. Understanding the differences between inside and outside bets allows players to make informed decisions when playing roulette.