(10) Columns (12 numbers): 2-1 payout (pays your original bet PLUS 2 units). (9) Odds/Evens (18 numbers): 1-1 payout (pays your original bet PLUS 1 unit). (8) Highs / Lows (1-18 or 19-36): 1-1 payout (pays your original bet PLUS 1 unit). The example covers numbers 13 to 24 (the second dozen). (7) Dozens (12 Numbers): 2-1 payout (pays your original bet PLUS 2 units). (6) Colours (18 numbers): 1:1 payout (pays your original bet PLUS 1 unit). (5) Six Line (6 numbers): 5-1 payout (pays your original bet PLUS 5 units). (4) Square (4 numbers): 8-1 payout (pays your original bet PLUS 8 units). (3) Street (3 numbers): 11-1 payout (pays your original bet PLUS 11 units). (2) Split (2 numbers): 17-1 payout (pays your original bet PLUS 17 units). (1) Straight (1 number): 35-1 payout (pays your original bet PLUS 35 units). The Types of Roulette Bets, Roulette Odds and Chip Placement This is for a few reasons, but mainly because the payouts are much higher on inside bets. Usually you can bet much higher on outside bets. There are different betting limits for each type of bet. The two main types of bets are “inside” and “outside”. So if the house edge is 2.7% and you bet $1, you can expect to lose $0.027. The house edge is the advantage the casino has over players.1:1 payout means you receive 1 chip PLUS your original bet 5:1 payout means you receive 5 chips PLUS your original bet.

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