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Fun Gambling Guide: Different Types of Online Roulette Bets and Payouts

If you’re a gambling lover, there’s no doubt you’ve tried your hand (pardon the pun) at playing online roulette at Slothunter Casino. But if you’re like most players, you may be unclear about the different types of bets and their associated payouts. This article provides a comprehensive guide to the different types of online roulette bets, with information on what each bet pays out. So whether you’re a novice or experienced player, read on for some helpful tips on how to make the most of your Roulette game!

General Roulette Bet Types

The first thing to understand about online roulette is that there are two main types of bets: the inside bets and the outside bets. The inside bets are the ones that are placed on the actual numbered section of the Roulette table, while the outside bets are placed on the area outside of this section. As a general rule, the inside bets have higher payouts than the outside bets, but they also come with a higher risk. So if you’re new to Roulette, it’s a good idea to start with the outside bets before progressing to the more risky inside bets.

Outside Bet Overview

The most common type of outside bet is a red/black or even/odd bet. This bet pays out even money (1:1), meaning that if you bet $10, you will win $10. These types of bets are relatively low risk, as the odds of hitting red or black are approximately 50%. Another common outside bet is a high/low bet, which pays out 1:1 if you guessed correctly, but only if the ball lands on a number between 1-18 (for a low bet), or 19-36 (for a high bet). The odds of this type of bet are also approximately 50%, making it another good choice for beginners.

Inside Bet Details

There are also several types of inside bets that can be made. The most common type of inside bet is known as a straight up bet. This is a bet placed on any single number, including 0 and 00. The payout for this type of bet is 35:1, meaning that if you bet $10, you will win $350. This is by far the highest paying bet in Roulette, but it is also the riskiest, as your chances of winning are only 2.7%.

Another type of inside bet is known as a split bet. This is a bet placed on two adjacent numbers, such as 1-2 or 17-18. The payout for this type of bet is 17:1, so if you were to place a $10 bet and win, you would receive $170 in winnings. The odds of hitting a split bet are approximately 5.4%, so while the payout is not as high as a straight up bet, it is still a decent paying bet.

The third type of inside bet is known as a street bet. This is a bet placed on any three consecutive numbers, such as 7-8-9 or 31-32-33. The payout for this type of bet is 11:1, so if you were to place a $10 bet and win, you would receive $110 in winnings. The odds of hitting a street bet are approximately 8.1%, so while the payout is not as high as a split bet, it is still a reasonably paying bet.

The fourth and final type of inside bet is known as a corner bet. This is a bet placed on four adjacent numbers, such as 1-2-4-5 or 23-24-26-27. The payout for this type of bet is 8:1, so if you were to place a $10 bet and win, you would receive $80 in winnings. The odds of hitting a corner bet are approximately 10.9%, so while the payout is not as high as a street bet, it is still a fair paying bet.

Now that you’re familiar with the different types of bets and payouts, you’re ready to start playing online roulette! Remember to start slow with the outside bets and progress to the inside bets when you’re more comfortable with the game. With a little practice, you’ll be raking in the winnings in no time!

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