Understanding Roulette Outside Bets
Roulette bets have two categories: those that are placed outside the roulette lay-out are termed roulette outside bets; bets placed on the inside are of the numbered grid are known as roulette inside bets.
Roulette outside bets have higher allowed maximum bets than inside bets. Maximum can go as much as 10 times higher than the maximum of inside bets. Some tables even allow more. The maximum and minimum bets are usually indicated on a placard each table carries.
Unlike the divisible minimum allowed for inside bets, every roulette outside bet must amount to the minimum. If the minimum is $10, that money is equal to one bet. If the player would like to place five bets in a single spin, one puts a total of $50 on the outside betting area.
Spaces on the outside betting area can accommodate more bets. Roulette outside bets can be placed separate from those of other players’. This is not possible in spaces found on the inside betting area: spots are so small that players have to stack their chips one above the other.
A bettor has various options to making roulette outside bets.
On the roulette wheel, 18 numbers have red background, and another 18 have black background. If a player wished to make a color bet, one may place a red or black bet. To win on a black bet, the ball must stop on any number that has a black background. This type of bet pays 1:1.
One may also bet on an even or an odd number. To win, the ball must stop on odd numbers or even numbers. If the ball rests on zero, the odd-even bettor loses.
On the outside betting area, there are boxes that contain 12 consecutive numbers. These include 1-12, 13-24, and 25-36 marked boxes. In European roulette, the boxes are labeled 12P (premiere douzaine) to refer to the first dozen; 12M (moyenne douzaine) for the second dozen; and 12D (dernier douzaine) to refer to the last 12 consecutive numbers.
The payoff for this type of bet is 2:1 and is known as dozens.
Another 12-number is termed columns. As the name implies, the bet is placed on the columns found on the grid. Like dozens, columns’ payoff is also 2:1.
In sum, roulette outside bets are color bets, odd-even bets, or consecutive-number bets. With red/black and odd/even pairing bets, the odds are 50 percent you win, 50 percent you lose. If the ball falls on the 0 or 00 (in American roulette), the player loses.
Chances of winning on consecutive-number bets are about 33 percent.