Bets in Roulette
Roulette happens to be the third biggest game in the casinos across the globe. It is highly popular since there are no skills required in the game. There are two main versions of the game – The American as well as the European. The payouts are almost the same; just that we would discuss the American roulette at length in this article since it seems to be a bit more confusing than the other version. Roulette payouts do not happen to be those pot luck wins or jackpot cracks, however they do vary on the wagers as well as the location of the chips placed on the roulette table.
Straight Bets
These bets give out the highest payouts since they have the worst odds of winning. A straight bet happens when you pick out one number out of 36 and bet on it. This number can also be ‘0’ or ‘00’. Hence the payout ratio is 35:1. For an example, if you bet $1, you would get back $35. A lot of players continue with the straight betting because they fail to understand that the chances of winning happen to be one in 38 with the American roulette and thus they lose a lot of money.
Split Bets
The players can augment their chances of winning by simply splitting their bets. This means that you can place your chip between two numbers and the payouts here would be 17:1 instead of 35:1. You can use this option with the corner numbers as well which means that the payouts are further reduced to 8:1. Such bets are usually secured and there are very less chances of losing wagers here. Lastly, the safest forms of bets are the ones placed outside the roulette table. These could be red/black bets, even/odd bets and even high/low bets.
