Roulette, a game of chance that has captivated players for centuries, offers a variety of betting options to suit different playing styles and risk tolerances. Among these options, outside bets stand out as a popular choice for those seeking a lower-risk approach to the game. Learn more about this type of bet when you play online roulette games for free or for real money.
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What are Outside Bets?
Outside bets, in contrast to inside bets, cover a larger number of pockets on the roulette wheel, resulting in a higher probability of winning. However, this increased likelihood of success comes at a cost – outside bets generally offer lower payouts compared to inside bets.
Types of Outside Bets
The six main types of outside bets in roulette are:
Red or Black
This bet involves wagering on whether the winning number will be red or black. With 18 red pockets and 18 black pockets (including zero or double zero), the probability of winning is 48.6%. Payouts for red/black bets are even money, meaning you win your original bet amount plus an equal amount in winnings.
Odd or Even
Like the red/black bet, this wager involves predicting whether the winning number will be odd or even. With 18 odd numbers and 18 even numbers (including zero or double zero), the probability of winning is 48.6%. Payouts for odd/even bets are also even money.
High or Low
This bet involves choosing whether the winning number will be high (19-36) or low (1-18). With 18 numbers in each category, the probability of winning is 48.6%. Payouts for high/low bets are even money.
Columns
This bet involves wagering on one of the three columns of numbers on the roulette wheel. Each column contains 12 numbers, and the probability of winning is 32.4%. Payouts for column bets are 2 to 1, meaning you win double your original bet amount.
Dozens
Like columns, dozen bets involve choosing one of the three groups of 12 consecutive numbers on the wheel. The probability of winning is 32.4%, and payouts are 2 to 1.
Snake
This money bet is a unique outside bet available in some roulette variations. It involves placing a chip on the five numbers that form a snake-like pattern on the roulette table. The probability of winning is 13.5%, and payouts are 2 to 1.
Roulette Outside Bets Strategy
When placing outside bets, it’s important to consider the house edge, which represents the casino’s advantage over the player. In American roulette, where there are two zeros (0 and 00), the house edge for these bets is 5.26%. In European roulette, with only one single number zero (0), the house edge for outside bets is 2.70%. To minimize the house edge and maximize your chances of success, consider implementing some basic roulette strategies:
- Stick to Outside Bets: Outside bets offer a higher probability of winning compared to inside bets, making them a more conservative approach.
- Manage Your Bankroll: Set a budget for your roulette session and stick to it. Divide your bankroll into smaller units and place smaller bets to avoid losing your entire stake quickly.
- Take Breaks: Take regular breaks to avoid mental fatigue and maintain focus.
Conclusion
Roulette outside bet offer a lower-risk, lower-reward approach to the game. With a lower house edge compared to inside bets and a higher probability of winning, outside bets are a popular choice for players seeking a more conservative gambling experience. By understanding the different types of outside bets, implementing basic strategies, and managing your bankroll effectively, you can increase your chances of enjoying a successful roulette session. US players can choose the best online casino to play a free roulette game or for real hard cash.