Roulette is one of the most iconic casino games, known for its wheel, the spinning ball, and the excitement of guessing where it will land. As a player, one of the first decisions you'll make is whether to place an inside or outside bet. These two types of bets form the foundation of the game and offer different levels of risk, payout, and strategy. In this comprehensive guide, we will explore the key differences between inside and outside bets, help you understand their advantages and disadvantages, and provide insights into which might be the best option based on your playing style. Whether you’re a new player or an experienced roulette enthusiast, this guide will help you master the art of betting in roulette.
What Are Inside Bets in Roulette?
Inside bets are placed on specific numbers or small groups of numbers on the roulette table. These bets are considered higher-risk but offer larger payouts, making them appealing to players who enjoy the thrill of chasing bigger wins. The term "inside" refers to the location of these bets on the roulette table layout, which is located in the inner grid of the table where the numbers are displayed.
Types of Inside Bets
Inside bets come in several different forms, each with unique characteristics. Let’s explore the most common inside bet types:
- Straight Up Bet: This is the simplest inside bet, where you place your chip on a single number, including 0 or 00 (depending on the roulette variant). The payout for a straight-up bet is 35:1, which is the highest payout you can receive in roulette.
- Split Bet: A split bet involves placing your chip on the line between two adjacent numbers. If either of the two numbers hits, you win. The payout for a split bet is 17:1.
- Street Bet: In a street bet, you place your chip at the end of a row of three numbers. The payout for a street bet is 11:1.
- Corner Bet: A corner bet involves placing your chip at the intersection of four numbers. If any of the four numbers hits, you win. The payout for a corner bet is 8:1.
- Six Line Bet: A six-line bet, also known as a double street bet, covers two adjacent rows of three numbers. The payout for a six-line bet is 5:1.
Advantages of Inside Bets
- High Payouts: Inside bets offer the highest payouts in roulette, with a straight-up bet yielding a payout of 35:1.
- Excitement and Thrill: Because inside bets are more challenging to hit, they add an element of excitement and suspense to the game. Players often enjoy the adrenaline rush of aiming for big wins with inside bets.
Disadvantages of Inside Bets
- Lower Odds of Winning: Inside bets have a lower probability of winning compared to outside bets. For example, a straight-up bet has a chance of 1 in 37 (or 1 in 38 on a double-zero wheel), making it difficult to hit consistently.
- Riskier for Your Bankroll: The high payout potential comes with greater risk, especially for players who prefer to bet larger amounts. Losing several inside bets in a row can quickly deplete your bankroll.
What Are Outside Bets in Roulette?
Outside bets are placed on larger groups of numbers, such as colors, odd or even numbers, or high or low numbers. These bets are located outside the inner grid of numbers on the roulette table layout. Outside bets are generally considered to be less risky than inside bets, and while they offer lower payouts, they also come with a higher chance of winning. Players who prefer a more conservative approach to roulette tend to favor outside bets.
Types of Outside Bets
Outside bets are typically divided into the following categories:
- Red or Black: A red or black bet covers all the red or black numbers on the wheel. The payout for this bet is 1:1, meaning you double your bet if you win.
- Odd or Even: This bet covers all the odd or even numbers on the wheel. Like the red or black bet, the payout is 1:1.
- High or Low: This bet covers the numbers 1-18 (low) or 19-36 (high). The payout is 1:1, similar to the odd or even bet.
- Dozens: A dozen bet covers one of three groups of 12 numbers: 1-12, 13-24, or 25-36. The payout for a dozen bet is 2:1.
- Columns: A column bet covers one of the three vertical columns of numbers on the table. The payout for a column bet is 2:1.
Advantages of Outside Bets
- Higher Probability of Winning: Outside bets cover larger groups of numbers, increasing the probability of winning. For example, a red or black bet gives you nearly a 50% chance of winning (less the house edge).
- Safer for Your Bankroll: With higher odds of winning, outside bets are generally safer for your bankroll, especially for new players or those who want to play conservatively.
Disadvantages of Outside Bets
- Lower Payouts: While the odds of winning with outside bets are better, the payout is much lower than inside bets. A red or black bet, for example, only pays 1:1, so your wins will be smaller.
- Less Excitement: The consistency of wins can make outside bets less thrilling for players seeking high-risk, high-reward excitement. Some players find that the slow, steady pace of outside bets doesn’t offer the same rush as inside bets.
Inside vs. Outside Bets: Which Is Better for You?
Choosing between inside and outside bets ultimately depends on your personal playing style, risk tolerance, and goals. Let’s break down when each type of bet might be best suited for your strategy:
1. For Beginners
If you’re new to roulette, outside bets are generally the best place to start. These bets are easier to understand and offer a higher probability of winning, which can help you build your confidence at the table. Starting with simple bets like red or black or odd or even will allow you to familiarize yourself with the game while minimizing risk.
2. For Risk-Takers
If you’re a player who enjoys the thrill of chasing big payouts and doesn’t mind taking higher risks, inside bets are your best option. With inside bets, you can aim for large wins with bets like the straight-up bet or split bet. Keep in mind that you’ll need to manage your bankroll carefully, as the risk of losing inside bets is higher.
3. For Advanced Players
Experienced roulette players often use a combination of inside and outside bets in a balanced strategy. While they may place outside bets to ensure more consistent wins, they may also take calculated risks with inside bets when they feel confident or when the odds align in their favor. Advanced players understand how to manage variance and use inside bets strategically for high payouts while relying on outside bets for more consistent results.
Fun Facts About Roulette Betting
- Did you know that the design of the roulette wheel is based on the idea of randomness? The goal is to make each spin unpredictable and independent of previous spins.
- In European roulette, the house edge is 2.7%, while in American roulette (which includes a double zero), the house edge increases to 5.26%, making European roulette a more favorable option for players.
- Some players enjoy using betting systems like Martingale, Fibonacci, or D'Alembert in combination with inside and outside bets to manage risk and maximize wins. However, these systems do not eliminate the house edge, so use them with caution.
Conclusion: Understanding Inside and Outside Bets for Strategic Roulette Play
Inside and outside bets are the backbone of roulette, offering different strategic approaches for players at all levels. Inside bets give you the potential for big payouts but come with higher risks, while outside bets offer more consistent wins but at lower payouts. By understanding the differences between these bet types, you can tailor your approach to your risk tolerance, playing style, and goals at the roulette table.
Whether you prefer the thrill of high-risk, high-reward inside bets or the safer, steadier approach of outside bets, roulette offers something for everyone. As you gain more experience and refine your strategy, you'll develop a deeper understanding of how inside and outside bets interact with the house edge and how to use them to your advantage for a more enjoyable and rewarding roulette experience.