Learning to place bets on a roulette game can seem daunting when you’ve never played. For new players, there are rules to remember. It helps to devise a strategy. And you need to figure out the best way to beat the house.
One of the best ways for those who want to get started is through online roulette real money Australia.
This article looks closely at the inside and outside rules of placing bets in roulette.
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What are the different ways you can place bets on Roulette?
Roulette is a game of chance that has been around for hundreds of years – even longer if you believe some sources. Roulette is played with a spinning wheel, a ball, and numbered pockets on which you place bets on either red or black numbers, odd or even, one number or two numbers combined, and other combinations of bets.
The game’s object is to predict the outcome by placing your bets on one of those options and hoping for the best! How much you can win depends on the chance size, the odds, the house percentage, and how much other players have a bet.
What’s the difference between an “Inside” and an “Outside” bet in Roulette?
When playing roulette, an “inside” bet is placed on numbers 1 to 36.
You don’t only have the option to place a bet on a single number; no, in roulette, there’s a wide range of options for how to place bets using an “inside” strategy (more about that below). Nor do you have to put one chance on one number. The beauty of an inside bet is that you can place multiple bets simultaneously across a range of numbers, providing the value totals with the minimum for that table.
On the other hand, an “outside” bet in roulette involves playing the “outside” options, such as red-back, odd-even, or high-low. And when placing that sort of bet, you must ensure you meet the minimum the table requires for every chance.
How to increase your chances of winning when placing inside bets in Roulette?
Here are different ways players can increase their chances of winning when placing inside bets in Roulette.
Placing a straight bet
In Roulette, you can place a single bet on one number. If you win the game and your chosen number comes up, you could get a minimum of $350 in return for a $10 bet.
However, the actual payout from a single bet depends on the house edge and commission the casino takes from winnings, e.g. 5-7%. In most cases, the payout for this bet is 35 to 1.
Split bets are straight bets on two numbers. Players must place their chips on the line dividing these two neighbouring numbers.
The payout for split bets is precisely the same as for straight bets: if one of those numbers comes up, you win even money (1:1), and if neither comes up, you lose your bet.
Split betting is an excellent way to bet on two numbers close together. Because it guarantees you’ll have one winning ticket and not just one losing access with no winnings.
A street bet (also known as a trio) is when you place a bet on three adjacent numbers in a row. The payout for this bet is if the ball lands between those two numbers (i.e., 1-2, 2-3, etc.) minus the house edge. You can similarly place this bet as a split bet, whereby you place your chips on the outer edge line of that row of numbers.
Corner or square bet
A corner bet in roulette is a bet on two numbers in the same row or column. The payout for this type of bet is 35:1.
However, a fair bet is a bet on two numbers in the same box (or “square”). The payout for this type of bet is 17:1 — less than half that of the corner bet.
Of course, these are only a few inside bet strategy approaches you can take when playing roulette.
Which is better: Inside or Outside bets in Roulette?
If you’re taking an outside bets approach, there are numerous strategies you can use, too, such as red-black, odd-even, and high-low. How much you might win depends on your willingness to bet, the house edge, and whether you get lucky.
Whether you place inside or outside bets, there’s no guaranteed way to win. The best strategy is to play what you can afford, stop when it stops being fun (or when you’re losing more than you can afford), and keep making small, strategic bets until you’ve won enough to leave the roulette table.