Bets and Pay Outs

Bets and Pay Outs

A – Straight up. You can place your bet on any one number that you like the most and you feel like it will save the day. The Odds paid, here are 35 to 1.
B – Split. You are allowed to place your stake on any two adjacent numbers that you believe are the lucky numbers. The Odds paid, here are 17 to 1.
C – Street. This is where you are allowed to place your bet on any three adjacent numbers that you deem lucky. The odds paid, here are 11 to 1.
D – Corner. Here you are allowed to place your bet on any four adjacent numbers that you feel are your lucky numbers. The odds paid, here are 8 to 1.
E – Six line. You can place your bet on any two adjacent rows of numbers. The odds paid are 5 to 1.
F – Dozen. You will be required to place your bet on 12 consecutive numbers, that is, 1 to 12, 12 to 24 or 24 to 36. The odds paid, here are, 2 to 1.
G – Columns. Here, you will place your bet on all the twelve numbers that appear in a column. The odds paid are 2 to 1.

Even Chance Bets

Red or black. Here, a player can place his bet on all the black or red numbers. The odds paid, here are 1 to 1.

H – Odds or Evens. Here, you will be allowed to place your bet on either all the odd numbers, or all the even numbers on the table. The odds paid, here are 1 to 1. High or low numbers. This is where you place your bet on 18 consecutive numbers, that is, 1 to 18 or 19 to 36. The odds paid, here are 1 to 1.
I – The First Four. Here, you are allowed to place your bets on the first four numbers on the table, that is, 0,1,2,3. The odds paid, here are 8 to 1.
J- Zero, 2, 3. In this bet, you are allowed to place your bet on the numbers 0, 2 and 3. The odds paid, here are 11 to 1.

When Zero is the Winning Number

When this happens, all the dozen and column wagers will have lost the bet,And even bets will have lost half the wagers.
What do the term house edge or true odds mean?

In the Roulette game, we have seen that the house edge is 5.26% for the game with a double zero. There are 36 numbers, plus the single zero and the double zero, thus making them 38 numbers. The odds of you securing a win are therefore 1 in 38 or 37 to 1. If you win, the casino will reward you with $35 when you make a $1 dollar bet. This means, you will receive $35 and keep the dollar that you played with.

Thus the casino pays you an additional $35 plus your dollar making it $36. The $2 difference, 38 minus 36, divided by 38 will give you the true odds which is same as the house edge of 5.26%. You can therefore go to the extent of covering all the numbers on the layout and still lose your money.

In a recap, the American version of Roulette as discussed above is a Roulette game that has been modified from the French Roulette. The American version has odds that have been skewed to favour the house edge as compared to the French and European Roulette; this is probably why it is not as popular in the US as it is in the European countries. The American Roulette is loved by many because of the intrigue and excitement that it offers its players and fans.

Bets and Pay Outs