Live Roulette Bets: Types and Odds
Making a LIVE casino bet in a roulette game is fairly straightforward, but it requires players to know what bets they're making, what the payouts are of those bets, and why those are the particular wagers the player is choosing in the first place. There's a bit of information that goes into all of this, and having that information readily available makes it easy to bet live roulette with confidence. However, it's not fun to carry around a list of notes, even when playing on the computer, and that's why we want to give players easy ways to remember the information that you need to bet with confidence at the live dealer tables.
Two Types of Bets
There are essentially two ways to bet live roulette. First, we have the outside bets, and those are the wagers that most people learn about when they first start out. This includes wagers like even, odd, red, and black. It also includes 1-18 and 19-36. All six of these wagers pay at 1:1. However, there are also the column bets that pay 2:1 listed on the far end of the table, and while this gives a little bit of variety, they are largely low-risk, low-reward wagers for the most part.
Another category of live casino bet options is the set of available inside bets, and this is where a lot of the confusion comes in for people who try to get a more in-depth understanding of the game. The most basic inside bet is a straight-up wager, and that's a bet on a single number that pays 35:1. If a player puts his or her chips on the line between two adjacent numbers, then that's a split bet, and it's another way to go. It will win on either of the numbers covered, and it pays out at a rate of 17:1.
Knowing the Odds
Before you make a live casino bet on a roulette table, we recommend actually knowing the payout odds ahead of time. For the outside bets, this is easy since they're all 1:1 except for the 2:1 column bets. For inside bets, there are several different types of wagers, all of which have different payout rates, so we want to give players a simple way to remember the odds of any particular wager. Simply divide 36 by the number of spots that the wager covers, then subtract one, and you have the payout for the wager in the first place.
To give a simple example, the row bet live roulette has to offer is a wager on three consecutive numbers on a horizontal row. Divide 36 by 3 to get 12, and then subtract one to get 11. This means the payout rate is 11:1. If you bet $10 on this wager and win, then you get $110 back. It's not a difficult shortcut to remember, but it does require a simple bit of math. Thankfully, it never involves weird numbers, fractions, or decimals because all of the available inside wagers will divide evenly into 36 in European and French roulette.
Playing With Confidence
Once a player knows that he or she can quickly figure out the payout for any of the inside wagers, they become much less scary to make. This gives players a wide range of options, and that makes the game a lot more fun to play.
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