Casino Roulette 101: Interpretation of Inside Bets in Roulette.
HOME Roulette Guide Roulette Inside Bet System As we already discussed, inside bets are those made directly on the main area of numbers. This bet category features straight-up bets (one number) paying 35 to 1 through line bets (six numbers) paying 5 to 1. Column bets, dozens bets, and any bets paying even money are not encompassed. Well, quite simply, it’s the worst bet in roulette. You can only play it on American Roulette- where all the other bets carry a house edge of 5.3%. The house edge for the five number bet is 7.9%.
Continuing with our new series on live and online roulette games, today’s discussion will be an introductory lesson in roulette betting. There are three types of wagers that can be placed; Inside bets, Outside bets, and (in a land-based casino) Announced bets.
This article will focus entirely on Inside Bets. You’ll learn all the different types of inside bets, how to place them, what to expect in return, the odds of winning and the true house edge. If you aren’t too familiar with the game of roulette, take a moment to read our previous Casino Roulette 101 tutorial:
Inside Bets in Roulette
The term Inside Bets refers to the inner-most area of a roulette table’s betting diagram. Take a look at the roulette graphic below. The inner-most area is the section that contains all of the numbers, from 0 to 36.
All inside bets are based on one specific number, or small group of up to 6 adjacent numbers. The following is a run-down of all inside bets. Refer to the Figure Diagram on the right for references to the placement of each bet.
Placing a chip directly in the center of a number, such as the number 8, is a Single-Number Bet (fig. 1) on that number. If the 8 wins, the player wins the bet. If any other number wins, the player loses the bet. Place a chip on the line between 21 and 24, and it becomes a Split Bet (fig. 2) on both of those numbers.
A Street Bet (fig. 3) is a group of three consecutive numbers in a column, such as 1-2-3, 13-14-15, or 25-26-27. You can make this wager by placing a chip on the outside line of the column. Similarly, a Double Street Bet (fig. 4) is a wager on all six numbers in two adjacent streets, such as 1-2-3-4-5-6, or 28-29-30-31-32-33. This bet is made by placing your chip on the outer line of both columns, where they intersect.
A Corner Bet (fig. 5) is a wager on 4 adjacent number in an intersecting square, such as 16-17-19-20. This bet is made by placing a chip directly on the intersection of those four numbers.
Trio Bets (fig. 6) and Basket Bets (fig. 7) are special wagers associated with single-zero roulette games, like European and French Roulette. A Trio Bet is a wager on the 0-1-2, or the 0-2-3, made by placing the chip on the intersecting line between those numbers. A Basket Bet is similar, betting on the 0-1-2-3 by placing a chip on the outer line where both columns intersect.
CAUTION: A word to the wise—be careful where you place your chip when playing in a land-based casino. If you’re betting on a single number, your chip needs to be in the very center of the number’s box. If your chip is touching any edge line, even slightly, it may be interpreted as a line bet. More than one player (claims to have) lost what would have been a 35-to-1 payout due to bad positioning of their chips. To be certain, you can always ask the croupier to place your bet for you. Hand him the chip and tell him where it goes—there can be no confusion! Note that this is not an issue when playing online roulette.
Inside Bets Payout, Odds & House Edge
| Inside Bet | Payout | Odds of Win | House Edge |
| Single-Number Bet | 35 to 1 | 2.7% | 2.7% |
| Split Bet | 17 to 1 | 5.4% | 2.7% |
| Street Bet | 11 to 1 | 8.11% | 2.7% |
| Double Street Bet | 5 to 1 | 16.22% | 2.7% |
| Corner Bet | 8 to 1 | 10.81% | 2.7% |
| Trio Bet | 11 to 1 | 8.11% | 2.7% |
| Basket Bet | 8 to 1 | 10.81% | 2.7% |
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For the most part, calculating roulette payouts is just a matter of multiplication. Each bet pays out at certain odds, and that determines what you multiply the bet by to get the payout. Also, as with most table games, the payouts are done on an X to Y basis, as opposed to an X for Y basis.
This post wants to cover roulette payouts in some degree of detail, though, including how much each bet pays off.
More importantly, I want to explain how the croupier is able to calculate payouts for roulette so quickly. Guess what? They have a system for that.
Payout Odds in Gambling
When you’re gambling on something, you get paid off using odds. Some games offer even odds, which means that if you bet $100, you win $100 when you win.
Most games, though, have various payouts for various kinds of bets.
The top jackpot on a video poker machine pays off at 800 for 1.
And that’s an important distinction. There’s a big difference between a payoff of 800 for 1 and a payoff of 800 to 1.
With table games like roulette, the payoffs are in the form of 2 to 1, 3 to 1, 35 to 1, etc.
This means that if you win the bet, you get to keep the amount you bet, and you get the winnings along with it.
If you bet $100 on a single number at the roulette table and win, you get a payoff of $3,500. But you also get to keep your $100.
With gambling machines, payouts are made on a “for” basis instead of a “to” basis. This means your winnings are traded for what you risked.
If you bet $5 on a slot machine and win a $10 payout, you don’t get your $5 back on top of that.
This is an important distinction you should make. Most gamblers don’t stick just with roulette, so if you’re going to play other games — and you probably will — you should understand how that works.
Specific Payouts in the Game of Roulette
In roulette, you have a huge variety of bets you can place. You bet on a single number. Or you can bet on two numbers — if either of those numbers come up, you win. Or you can bet on three numbers, and if any of those three numbers come up, you win.
The more likely it is for you to win, the lower the payout is.
A bet on black wins almost half the time. The payoff for that bet is only 1 to 1, or even money.
A bet on a single number pays off at 35 to 1, which is a big payoff, but it also only wins 1 out of every 38 spins on average.
The Difference Between the Odds of Winning and the Payout Odds
The casino makes its money from the difference between the odds of winning and the payout odds.
You know how you can express the payout on a bet as odds?
35 to 1 is an example of how you’d express a payoff on the single number bet.
The odds of winning can also be expressed in the same way.
On a standard American roulette wheel, you have 37 ways to lose a single number bet and only one way to win.
This means the odds of winning are 37 to 1.
Since the odds of winning are lower than the payoff for the bet, the casino makes a profit in the long run.
Once out of every 38 spins, they’ll pay off a single number bet, but they’ll only pay off 35 to 1 on that bet. The rest of the money goes into the casino’s pocket.
The casino deals in long-term averages, especially when it comes to roulette.
Roulette Bets and Their Payoffs
Roulette Inside Bets Payout Against
Here’s a list of bets you can make at the roulette table and how much each of them pays off.
The Outside Bets
These are the bets on the outside of the betting surface, and they’re the bets that pay off the most often. As a result, you win less with these bets.
Here are the outside bets you can make:
- Red(or Black) – You can bet on the color of the number, and the payout is even money — 1 to 1
- Even (or Odd) – You can bet that the number will be even or odd, and the payout is again even money — 1 to 1
- Low (or High) – You can bet that the number will be 1-18 (low) or 19-36 (high). The payout is even money on this one, too
- Columns – The numbers on the betting surface are organized into three columns. You can bet that the ball will land on one of the numbers in that column. The payoff, if you guess right, is 2 to 1
- Dozens – The numbers can be divided into 1st third (1-12), 2nd third (13-24), and 3rd third (25-36). If you guess right, you get a 2 to 1 payout
On all these outside bets, 0 and 00 count as losses. Those numbers are green, and they’re not considered even or odd, high or low.
The Inside Bets
These are the bets on the inside of the betting surface. They pay out better but have a bigger chance of losing.
Here are the inside bets you can make:
- Straight Up – This is a bet on a single number and pays off at 35 to 1
- Split – This is a bet on two numbers that are next to each other. It pays off at 17 to 1
- Street – This is a bet on three numbers, and it pays off at 11 to 1
- Corners – This is a bet on four numbers, and it pays off at 8 to 1
- The 5-Number Bet – You can only bet on 0, 00, 1, 2, and 3 if you want to bet on five numbers, and it pays off at 6 to 1. This is the only bet on the roulette table with a different house edge from the other bets — 7.89% (the other bets have a house edge of 5.26%)
- Line – This is a bet on six numbers and pays off at 5 to 1
All these bets would be a break-even proposition in the long run IF the wheel didn’t have a green 0 and a green 00.
How the Croupier Makes the Payouts So Quickly
The first thing the croupier does after the decision is to clear all the losing bets off the roulette table. Since he’s intimately familiar with the layout of the betting surface, this doesn’t take long at all.
Also, all the players at the roulette table have chips that are specifically colored so that they have the same color. You can’t use the roulette chips at the other table. This enables the croupier to tell your bet from someone else’s. It’s the color of the chips.
To calculate the payouts, you just multiply the bet by the payout odds.
If someone bet two chips on a single number and it won, you’d multiply 2 by 35 and get 70. That’s how many chips you’d give the player in winnings.
He doesn’t really have a magical system, either. He knows the payouts for the various bets, and he’s able to do the multiplication in his head. It’s easy multiplication, but even if it weren’t, he’d eventually just be able to memorize the correct payout relative to the number of chips bet.
Also, he doesn’t really think of the chips as money. They’re just betting units.
Can Any of This Information Help Me Win at Roulette?
Naw.
Roulette’s a negative expectation game.
You might get lucky in the short run, but if you play long enough, the math behind the payouts will eventually reduce your bankroll to 0.
Roulette Inside Bets Payouts
Conclusion
And that’s how to calculate roulette payouts. You just memorize which bets are possible and how much they pay off. Once you know that, calculating the payouts is just a matter of multiplication.
Croupiers are able to do it quickly because they do it all day every day.
Roulette Inside Bets Payout Online Casino
I’m able to make change in my head because I worked for years on cash registers that didn’t calculate change. I know how to subtract from 100 without any effort at all.
Calculating roulette payouts is a similar skill.