Tag Archives: betting at roulette

Table Jargons: The Roulette Bet

Roulette’s simplicity is highlighted by the fact that the one minute betting period is the only time in the game when the player can participate. Except in online roulette, the player will have nothing else to do after that as the roulette table’s dealer will take charge of the rest of the game. Thus, wagering can be said as the only aspect of roulette that players should really go in-depth about.

There’s nothing complicated about roulette’s betting system either. You only have to place chips on one or more numbers, or on any of the betting spaces that represent a certain set of the wheel’s non-zero numbers.

Roulette Betting Terminologies

If you have played long enough however, you’ll find that each type of bet was given its own name by the game’s patrons. If you are not aware of this, you might end up confused in casual discussions between roulette players. Here’s an exhaustive list detailing every common roulette bet:

1. Inside bets
Inside bets refer to bets made on the numbered spaces on the layout. These are called as such due to the fact that they are literally “inside” the table, being surrounded by the wheel, the dealer, and the outside bets.

2. Straight or single bet
This wager is made by betting on any single number.

3. Split bet
A split is a roulette bet placed on the line between two numbers.

4. Street bet
This refers to a bet made on a line before the first number on a row. With this, one essentially bets on the row’s three consecutive numbers.

5. Square bet
A square is a bet on four numbers, made by placing the chips at the center of a four-number square.

6. Five-number bet
This roulette bet is exclusive to American roulette and any of the game’s double zero variants. Here you basically bet on the first five numbers on the table, namely 0, 00, 1, 2, and 3 by placing your chips on the upper left-hand corner.

7. Six line bet
Like the street bet, the six line is placed at the edge of the numbered grid. However, the chips are placed in between two rows so as to make a wager on six numbers.

8. Outside bets
This type of bets refers to those wagers made on spaces closest to the players. Each outside bets covers a certain set of numbers, giving this type of bets the highest odds of winning.

9. Even money bets
These are outside bets with near fifty-fifty chances of winning, which is the highest in roulette. This includes red, black, odd, even, low numbers, and high numbers, each of which covers half of all the numbers except the zeros.

10. Dozens
This refers to the three outside bets covering four rows of numbers.

11. Columns
These are similar to dozen bets, except that each of the three columns covers a column of 12 numbers on the layout.

Having reached the end of this page, you have now probably realized that all these roulette betting jargons are more or less self-explanatory. Those who are unaware of these however will not only get lost in conversations, but will also miss out on the convenience the way the chips are placed for each of these bets can provide.

Betting on Single Roulette Numbers Vs. Even Money Wagers

We gamble from time to time. We take chances during certain moments in our daily lives, and oftentimes, we aren’t even aware of it. We do so when making decisions where we have no way of weighing the advantages and consequences of our choices. Indeed, gambling is just another mundane part of our lives. However, some people take it a little further, transforming it into a form of entertainment and not just a product of human instinct.

People carry out entertaining gambling activities practically anywhere. It could be at home, at an empty office table, or even at a park bench. For the bigger games played with bigger stakes however, gamblers head down to the casinos.

The Casino Game Roulette

Casinos, being the large, sprawling gambling establishments they generally are, offer plenty of games of chance for their patrons’ pleasure. One of these games is roulette, one of the most popular gambling activities in these casinos. It has earned its fame through its simplistic design and the high odds of winning it offers its bettors.

Roulette’s “winnability” lies on the fact that it allows players to wager on even money bets. Even money refers to bets that have fifty-fifty chances of winning, although this is not technically true in roulette. Such bets in the game can have around 45% to 47% chances of winning. On the other hand, one can also place one’s bet on individual roulette numbers, which in turn rewards winning players with 35 chips to one.

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Single or Even Money Bets

Gamblers, especially roulette novices, often find themselves having a hard time choosing between outside and inside bets, specifically even money and single number wagers respectively. Now that begs the question: Which is better, betting on single roulette numbers or wagering on outside bets? Let’s first analyze both wager’s pros and cons.

First, let’s deal with single numbers. The advantage from such bets is the very high payout it can give the player. Again, that’s 35 chips to one. Say, if you wagered $10 on 5-Red, you’ll be rewarded with $350 when lucky. That you should be very lucky is the single big disadvantage of this bet however. Single number bets have one to 37 chances of winning, and such a bet coming up in a spin can be very rare.

Even money bets meanwhile pay very, very poorly at no more than twice the winning bet. This is its sole disadvantage. The advantage however is that even money bets can win a lot more frequently than single bets, or any other roulette wagers for that matter. Its 45% to 47% winning probability is not something that should be underestimated, as it has made rich people out of many poor and middle class gamblers throughout the course of roulette’s existence.

Single bets are fine wagers that reward its bettors well, but arguably, even money bets are a lot better in terms of winnability. Even experienced gamblers will often advice everyone to bet on one, as the frequency of winning will always be better than a rare, large win.