Types of bets in online casinos can be divided into two main categories: inside and outside bets.
Internal bets are placed on specific numbers or groups of numbers on the playing field. They have lower payout odds, but also higher chances of winning.
External bets are placed on wider groups of numbers or on the outcome of the game as a whole. They have higher payout odds, but also lower chances of winning.
Types of inside bets:
- A Straight Up bet is a bet on one specific number. The payout ratio is 35:1.
- Split – A bet on two neighbouring numbers. The payout ratio is 17:1.
- Street – A bet on three neighbouring numbers in the same line. The payout ratio is 11:1.
- A Corner is a bet on four adjacent numbers in a square. The payout ratio is 8:1.
- Line – A bet on six neighbouring numbers in a straight line. The payout ratio is 5:1.
- Double Line – bet on twelve adjacent numbers in two straight lines. The payout ratio is 2:1.
- Half Wheel – bet on 18 numbers on half a wheel. The payout ratio is 2:1.
- All Eight – bet on eight numbers in one column. The payout ratio is 1:1.
- All Column – bet on all 12 numbers in one column. The payout ratio is 2:1.
- Dozen – bet on 12 numbers in one dozen. The payout ratio is 2:1.
- Half Wheel – A bet on 18 numbers on a half wheel. The payout ratio is 2:1.
- Quarter Wheel – 9 numbers on a quarter wheel. The payout ratio is 3:1.
- Zero – A bet on the number 0. The payout ratio is 35:1 in European Roulette and 35:1 or 17:1 in American Roulette.
Types of outside bets:
- Red/Black – A bet on whether a red or black number will come up. The payout ratio is 1:1.
- Odd/Even – A bet that an odd or even number will be drawn. The payout ratio is 1:1.
- Low/High – A bet on a number between 1 and 18 or 19 and 36. The payout ratio is 1:1.
- First Dozen (First 12) – bet on the number of the first dozen (1-12). The payout ratio is 2:1.
- Second 12 is a bet on the number of the second dozen (13-24). The payout ratio is 2:1.
- Third 12 – bet on the number of the third dozen (25-36). The payout ratio is 2:1.
- 1-18/19-36 (1-18/19-36) – bet that a number from the first half of the wheel or from the second half of the wheel will fall out. The payout ratio is 1:1.
The choice of bet type depends on the player’s personal preferences and on his playing strategy. If a player is looking for a game with high odds of winning, he should place inside bets. If a player is looking for a game with high payout odds, he should place outside bets.
You should also keep in mind that the size of the bet also affects the size of the winnings. The bigger the bet, the bigger the winnings.
