Inside Bets in Roulette – Explained!
When you come to think of it, roulette bets are pretty easy to understand. They fall into two major categories, one of which is inside bets. The other category is called outside bets. The inside bets go on the inner part of the roulette table, while the outside bets are placed on the outside part of the roulette table, obviously. It is a fairly well-known fact that inside bets are a little more complex than outside bets; and today, we will see why this might not necessarily be the case.
However, the payouts for inside bets are also some of the highest you can hope for as you play roulette. Nevertheless, because of the higher payout potential, these bets also have lower winning odds; which makes it more important to learn about them. This is so that you can handle the worse winning chances properly and give yourself a better shot at getting the lucrative payouts that come with placing inside bets.
1. Which Are The Inside Bets?
Like I have already mentioned, inside bets are placed on the inside part of the roulette table. But this is a very general description. In reality inside bets consist of the following popular roulette bets: straight bets, split bets, street bets, line bets, and corner bets.
This bet is placed on a particular number on the roulette table. This is the bet with the lowest winning odds, but also the highest payout rate. There are 37 or 38 numbers on the roulette table, which puts your winning odds at 2.7% with European roulette and 2.63% in the case of American roulette. Winning this bet entitles you to a payout that is 35 times your initial stake.
A split bet requires that you predict that one of two numbers on the roulette table might come up with the next spin. For instance, you can bet on the numbers 10 and 11. Placing this bets requires that you place your bets on the line that separates the two numbers in question. With split bets, the payout is usually 17 times the amount of money staked. The chances of winning with this bet stands at 5.4% for European roulette and 5.26% for the American roulette version.
In this case, you will have to bet on three numbers arranged in a line on the roulette table. Examples of such numbers include 1-2-3, 7-8-9, 13-14-15 and so forth. To place this bet you only need to place your chips on the left or right side next to the first of the three numbers you wish to bet on. With this bet, your odds of winning will be 8.1% for European roulette and 7.89% for American roulette. If you win with this bet, your initial stake will be multiplied by 11.
While a street bet is placed on three numbers, a line bet is placed on six numbers. And like the street bet, these numbers have to be next to each other. The way the chips are placed on the table is very similar to the way street bets are placed, except that in this case, the chips are placed on the line that separates the two sets of six numbers..
A corner bet is placed on four numbers arranged in a square layout. The chips are placed on the intersection separating the squares on which the four numbers are positioned. Such numbers include examples like 1-2-4-5. With American roulette the odds of winning a square bet are 10.52%, but with European roulette, the odds are much better at 10.81%. Winning this bet would result in a payout that is 8 times your initial stake.
How to Win with Inside Bets?
Even though inside bets are harder to win, they are still worth using as you try to win with this game. Actually, no roulette playing strategy will be complete without knowing how to win with the inside bets as well. The reality is that inside bets are much harder to get right, and this calls for a more refined strategy. So, here is how you can improve your chances of winning at roulette while using inside bets.
Don’t Use Inside Bets Alone, Combine them with Outside Bets as Well
To avoid losing time and again, which is more than likely when you stick to inside bets, you need to place inside bets in addition to outside bets. Roulette allows you to place multiple bets at a time. For instance, while betting on a number like 10, which is quite hard to get statistically speaking, you could also bet on odd, a bet that is much more likely to succeed.
Even so, you needn’t make your bets awfully complicated. You could place $1 bets on each of these bet types. After all, the minimum payout in roulette is an even money bet. So, even if you win the bet on odd numbers and lose the straight bet, you will end up where you started. And in the event that you win the straight bet but lose the odd number bet, you will end up with a neat payout of $34. At most, you would end up losing $2.
As you can see, this is a pretty good strategy since one successful inside bet win results in a very good payout for you. Besides, it keeps you from having to undergo the gut wrenching experience of losing several bets in a row as you wait to win the inside bet that will make every other loss worthwhile.
This is not all you need to know about winning with roulette though. So, check out other roulette strategy guides I have prepared and posted right here on this site. From these strategy guides, you will learn of ways you can do better as a roulette player, it does not matter if your primary focus is outside bets or inside bets. So, go ahead and learn to be a better roulette player today.