Types of Roulette Bets and Payouts for Online Casinos

Types of Roulette Bets and Payouts for Online Casinos

Roulette Payouts

To say roulette has been around for a long time would be quite an understatement. Roulette’s origins date back to 18th century France. Roulette has been played in its current form since 1796 when it became an incredibly popular table game for Parisian gamblers.

Since then, a number of different variations of the game have popped up. The most common versions you’ll find at both land-based and online casinos, however, are the American and European iterations. As you’d expect, you’ll find American roulette wheels at most Las Vegas casinos, for example.

Roulette is a game of chance, but there is also an underrated element of skill. Knowing the basics about roulette odds and payouts is a must if you want to embark on a profitable gambling experience, be it at a traditional casino or over the internet.

If you’re new to the roulette table, you can even use a chart in order to familiarize yourself with the types of bets and payouts featured in the game.

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Payouts in Roulette

Red/Black

A red/black bet is the most simple roulette bet you can make. With this one, you’re just betting on whether a red or black number will prove to be the winner. These spaces are clearly marked on the table.

A red/black bet features a roulette payout of 1:1, or even money. If you’re familiar with sports betting, you’ll know an even money bet as a +100 moneyline wager. This means you’ll double the amount of your wager if you happen to win.

However, there’s a bit of catch. Because the spaces for 0 and 00 are neither red nor black, you’re not exactly getting 1:1 odds. That gives the house a very slight edge.

Odds/Evens

Rather than betting on the winning space color, and odd/even bet is a wager on the value of the winning number.

This roulette payout is also 1:1, though your odds of actually winning are slightly less. Again, 0 and 00 don’t count for either the odds or the evens.

Columns

A columns bet is a wager on the outcome falling within one of the three 12-number columns alongside the longer part of the roulette table.

On an American roulette table, the columns are sorted this way:

Column 1 – Ball must land on 1, 4, 7, 10, 13, 16, 19, 22, 25, 28, 31, or 34
Column 2 – Ball must land on 2, 5, 8, 11, 14, 17, 20, 23, 26, 29, 32, or 35
Column 3 – Ball must land on 3, 6, 9, 12, 15, 18, 21, 24, 27, 30, 33, or 36

Unlike the aforementioned bets, however, a successful column bet features a roulette payout of 2:1, which is a bit more advantageous for a winning gambler.

High/Low

A high/low bet is another even-money bet. Here, you’re simply betting on whether the selected number will land on a low number – valued between 1-18 – or a high number – valued between 19-36.

You’ll hear the phrase Manque Passe instead of high/low if you happen to be playing roulette on a French table. Manque covers the low values, while Passe means the higher numbers.

Dozens

A dozens bet is similar to a columns bet in that you have three options at your disposal. Because there are 36 numbers on the roulette wheel, you’re betting on whether the winning number will fall within one of three different dozen-number sets.

More simply, here’s how the ball will have to land in order to cash certain dozens bets on the roulette table:

1st 12 – Ball lands on numbers 1-12.
2nd 12 – Ball lands on numbers 13-24.
3rd 12 – Ball lands on numbers 25-36.

As is the case with the columns bet, a winning dozens bet offers a roulette payout of 2:1.

Snake

Bettors taking a stab at a snake bet are wagering on the ball landing on spaces 1, 5, 9, 12, 14, 16, 19, 23, 27, 30, 32, and 34. It’s called a snake bet because it looks like a snake when you only highlight those spots on the table. Very advanced stuff, for sure.

A snake bet has a roulette payout of 2:1, as well.

Basket

A basket bet, also sometimes referred to as a “first four” bet, covers the first four spots on the table. Those numbers are 0, 1, 2, and 3.

A basket bet will pay out 6:1.

Five-Number

Another highly complicated type of roulette bet is a five-number bet. This one only includes the numbers 00, 0, 1, 2, and 3. This bet pays out at a 6:1 clip, as well.

While the payout is potentially massive if you’re lucky enough to win, this is also one of the lowest-percentage bets on the board. You have just about a 13 percent chance of actually winning a five-number wager.

Straight-Up

Speaking of low-percentage bets with big roulette payouts, how about a straight-up wager. With this one, you’re simply betting on the ball landing on one number of your choosing.

You can pick any number on the table, and the roulette payout comes with very long 35:1 odds.

Split

A split bet is similar to a straight-up bet, but you’re getting twice as many chances to win. With a split bet, you’re betting on the ball to land on one of two adjoined numbers.

For example, you can bet on the ball landing on 1/2, 25/26, or 16/17. As long as the ball lands on either space, you’ll cash your bet at 17:1 odds.

Street

A street bet is one level up from a split bet. The concept is similar. This is a bet on the ball landing on any three consecutive numbers, such as 7/8/9 or 21/22/23.

If you strike gold here, your bet will pay out at 11:1.

Corner

On and on we go. A corner bet is a wager on the ball to land on four consecutive numbers. These numbers have to be touching on the table to form a square, however.

An example of a corner bet would be a bet on the ball to land on 1, 2, 4, or 5. Or, 2, 3, 5, or 6. The roulette payouts get smaller and smaller as you keep adding numbers, which means this one features an 8:1 payout.

Line

A line bet is similar to a street bet. Instead of betting on three consecutive numbers, however, you’re betting on a line covering two rows of three numbers:

The numbers have to occupy two separate rows. The payout for a line bet, also known as a six-number bet, is 5:1.

Conclusion

Roulette has a reputation as one of the most exciting casino games out there for a reason. While some bets have more advantageous payouts than others, the endless possibilities and allure of hitting it big keep bettors coming back for more.

Learning the details of the payouts in roulette is just the first of many steps you’ll take on your way to turning a long-term profit at the virtual gaming table.

Author: Tamara Kim