The roulette table is perhaps the most frequented spot in every casino floor. Anyone who has been on a casino floor can tell you that it doesn’t seem to run out of players, except on the casino’s low seasons. Roulette truly is a famous game that was made popular by its very simple game design and easy to follow rules.
The game was also made popular by the allegedly high odds of winning it can give the player, specifically when the bettor wagers on even money bets. Even money bets are bets that cover half of the numbers in the wheel, barring the zero slot. Anyone who puts his stakes on this sort of bets can have a nearly fifty-fifty chance of winning.
Even money bets are just a subgroup of the betting category called the outside bets. These are bets that are placed on spaces near the edge of the roulette board, as opposed to inside bets that are surrounded in all sides by other elements of the roulette table layout. These bets are well-known for their high frequency of winning but low payouts. All in all, there are 12 official outside bets: red, black, odd, even, low numbers, high numbers, three dozens, and three columns.
The Snake Bet
Most roulette players associate outside bets with its respective spaces on the roulette table. This is not always the case however. There is this one special dozen bet that is placed specifically on the inside bet part of the grid, that is, the spaces for the numbers 0 to 36. This is called the snake bet, a zigzag-like wager covering 12 numbers.
The snake bet is made by placing chips on the numbers 1, 5, 9, 12, 14, 16, 19, 23, 27, 30, 32, and 34. These are all red numbers on the roulette table layout and for that reason, the snake bet is also known as the “red snake”. Normally, the value of chips on every number covered by this bet is uniformed, meaning no number has more chips than the rest. Essentially, the snake bet is but a dozen of single bets treated as a single unit and as such, there is no casino both online and offline that offers the snake bet as a betting option akin to split, street, square, and the like.
The snake bet, being considered an outside bet, naturally has a high probability of winning. Like the other dozen bets, it has a 32.43% chance of winning in the single zero French and European roulette, and 31.58% in the double zero American variety. Meanwhile, the payout for this bet is 35 betting units to 1, as the bet is treated by the house as twelve single bets on the roulette table layout instead of one whole unit. This is far higher than that of the columns and dozens, which comes at a measly two to one.
As one will be placing chips on every space of the snake bet, one can’t wager as small as one can make on standard dozen bets. Thus, the snake bet is considered a rather expensive bet that’s best made by people with a lot of money to spend on a roulette game. This is the sole downside of the red snake, which is otherwise a high-paying bet with decent winning odds.