There are a few interesting bets that I haven’t talked about yet, including one specific bet that can only be done on an American roulette wheel. First of all, a general rule is the probabilities for the outside bets will always have better odds than the inside bets. Outside bets include the 1 to 1 payouts such as betting on red or black, odd or even, etc.
The top line bet is the special one in American roulette where you wager on 5 numbers at a time with a single chip. This is the only type of bet like it on any variation of the game. Basically you are allowed to bet on the double and single zeros, plus the top line on the table (not on the wheel). This includes 0, 00, 1, 2 and 3. The probability odds are 6.6 to 1, but the payouts are $6 for every $1 bet.
Corner bets are allowed on all roulette tables. Players may bet a single chip at the intersection of 4 different numbers on the table. If the ball lands on any of these numbers, you will win. You can choose any corner bet available on the table and there are a lot of choices. The probabilities are 8.5 to 1 and payout is $8 for every $1 bet on the American roulette version.
A basket bet is a type of bet similar to the top line bet, but with fewer numbers. In this bet, you select 3 numbers including one or both green zeros. On the American version, the numbers “0, 1 and 2″ or “00, 0 and 2″ or “00, 2 and 3″ would be the only three possible. The probabilities of the ball landing and winning on this bet is 11.7 to 1 and the payout is $11 for $1 bet.
The split bet is kind of like a corner bet, except you are putting a chip on the intersection of any two numbers and betting that the ball will land on any of the two. You can bet on horizontally or vertically adjacent numbers as well and there are plenty of choices. The odds of winning are 18 to 1 and payout is $17 for $1 bet.
The street bet is when you bet on a single horizontal row of three numbers on the table with odds of winning at 11.7 to 1 and payouts of $11 for $1 bet. Also, the column bet is similar but you are betting that the ball will land on a number in one of the three columns, which has probability of winning at 2.2 to 1 and payouts of $2 for $1 bet.
A dozen bet is something where you are betting on blocks of numbers on the table between 1 and 12, 13 and 24, or 25 and 36. The odds against winning are 2.2 to 1 and the payout percentages are $2 for $1 bet.
The six line bet is similar to a street or row bet, but you are allowed to bet on two adjacent horizontal rows. This would include six numbers such as 1, 2, 3, 4, 5 and 6 for example. The probability odds are 5.33 to 1 and the payouts are $5 for $1 bets.
Finally, the straight up bet is where you bet on any single number with a rare probability odds of 37 to 1 and payouts of $35 for $1 bet. On the European wheel, the odds are 36 to 1 but the payout stays the same at $35 for $1 bet.
Note that the probabilities listed above are based on the American roulette wheel. European roulette will have all the same payouts, but will have better odds against winning, so always play the European style to get better odds in your favor.