There are a lot of bets to play to try your luck in the Roulette game. These are important to know for anyone who dreams of winning this gambling game. The Inside bets. This simply refers to any bet that a player makes from the inside part of the Roulette table or the number greed as sometimes referred to as. Tables in casinos usually have minimum wager requisites that players need to stick to. This usually varies from place to place and casino to casino. The inside bets are known to have very good conversions but one can equally lose vehemently.
The Straight Bet
Here a player bets that they know exactly the next number that the ball is going to land on. This bet is sometimes referred to as the classic bet and has the highest payout; a payoff of 35-1. This is however the worst of any bets on the table because if you happen to lose you lose indeed. This bet is not encouraged when just beginning the play because you risk losing all your money quickly and packing your stuff home even before you have enjoyed the play.
The Split Bet
This is also referred to as the 2-number bet. Here the player places the chip on the line separating the 2 numbers they are betting for. The payoff for this one is 17 to 1
The Square Bet-This is also sometimes referred to as the four-number bet. Here a player is betting that one of certain four numbers will land. The chip is placed at the intersection or junction of these four numbers. The payout is 8 to 1.
The Five-Number Bet-Here the player bets that 0, 00, 1, 2, or 3 will land. Note that this type of bet is only possible or applicable with the American wheel as the European one excludes the double zero. The payout for this bet is 6 to 1.
The Outside Bets-This simply refers to those bets a player makes outside the number greed.
Red Bet-This merely refers to the instant when a player bets the ball lands on a number in red color.
Black Bet-Here player bets that the ball is going to land on a black colored Number
Odd Bet-Player bets that an odd number is going to land
Even Bet-Player bets that an even number will land.
The payouts for the red, black, odd, and even bets are 1 to 1