Roulette, a casino game of chance with a rich history dating back to the 17th century, has always been a crowd-pleaser in both land-based casinos and online platforms. Its simplicity and exciting nature are what make it a favourite among players.
In roulette, understanding the different types of bets can greatly enhance a player's gaming experience. One category of bet is the 'outside bet'. This article explores the concept of outside bets, their odds, payouts, and how they can shape a player's experience in the game of roulette.
What Are Outside Bets In Roulette?
In the game of roulette, players have the liberty to place a wide range of bets, each having its unique odds and potential payouts. Among these, 'outside bets' have gained popularity due to their straightforward nature and the higher chances of landing than inside bets.
As the term suggests, outside bets are placed in the external area of the roulette betting layout. They encompass a larger group of numbers, providing players with an increased probability of winning, albeit with smaller potential payouts to balance this.
Key outside bets in roulette include:
- Red or Black: This involves wagering on the colour of the number where the ball is predicted to land.
- Odd or Even: Here, players bet on whether the ball will land on an odd or even number.
- High or Low: In this case, bets are placed on whether the ball will land on a low (1-18) or high (19-36) number.
- Dozens: Players bet on one of three dozen numbers (1-12, 13-24, or 25-36).
- Columns: This involves betting on one of the three columns on the betting table, each consisting of 12 numbers.
How To Place Outside Bets In Roulette?
Placing an outside bet in roulette is relatively straightforward. Players need to position their chips in the associated betting area on the roulette table. For instance, if one wishes to bet on 'Red', the chips are placed in the 'Red' box outside the grid of numbers.
The objective of roulette is to guess where you think the ball will land after the wheel is spun. With outside bets, players are wagering on extensive categories, increasing the chances of winning compared to inside bets, which are placed on single numbers or groups of neighbouring numbers. However, inside bets offer larger payouts than outside bets due to the lower odds of them landing.
Explaining The Roulette Outside Bets Strategy
Though roulette is fundamentally a game of chance, players have devised strategies that help them manage their bets in an effort to try to mitigate losses. When it comes to outside bets, the primary strategy lies in the effective management of the bankroll and understanding the odds and potential payouts.
One commonly employed outside bet strategy is the 'Martingale system', which entails doubling your stake after every loss until a win occurs. You then return to the original bet amount following a win. This approach can help recoup any losses and potentially earn a small profit. However, this strategy typically requires a significant bankroll, as multiple losses in a row can result in the bet size rapidly increasing.
Alternatively, players can adopt the 'Paroli system', which involves doubling your bet after each win, aiming to capitalise on potential winning streaks.
There are also many more that players can look into, such as the Fibonacci, D'Alembert, Labouchere, and Fisher systems, to name just a few.
However, it is vital to note that no strategy guarantees a win. The house edge remains unaffected, no matter which bets you choose to place or how you play them. Not to mention, each spin in roulette is independent of the previous one, so the odds of the ball landing in any given pocket are the same on every spin.
Outside Bets Payout In Roulette
Given their higher probability of winning, the potential payouts for outside bets are lower than those for inside bets. Here's a breakdown of the possible payouts:
- Red or Black, Odd or Even, and High or Low bets: These offer 1:1 payouts. Therefore, if a player bets £10 and wins, they will receive £10 in winnings plus keep their original stake.
- Dozens and Columns bets: These pay out at 2 to 1. For instance, if a player bets £10 and wins, they will receive £20 in winnings plus keep their original stake.
Minimum & Maximum Outside Bets In Roulette
The minimum and maximum stakes for outside bets vary, depending on the specific roulette table and the casino. Online casinos often provide a broad range of betting limits to suit all types of players, from beginners to seasoned players.
For instance, some tables might have a minimum outside bet of £1 and a maximum outside bet of £10, while others might offer a minimum bet of £10 and a maximum bet of £500. Therefore, it is advisable to check the table limits of a specific roulette game before starting to play.
Playing Roulette Online
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Please gamble responsibly. Roulette is a game of chance with random outcomes, so winning is never guaranteed. Only bet money you are comfortable losing and stick to a budget.
*All values (Bet Levels, Maximum Wins, etc.) mentioned in relation to this game are subject to change at any time. Game features mentioned may not be available in some jurisdictions.