Online casinos like ole777 offer a variety of casino games like baccarat, roulette, and many others. You can place two types of bets, such as inside bets and outside bets based on the position of the chip placement. An outside bet will have chips on the outer circle of the table.
Types of outside bets
Red/Black – There would be different colors on the roulette table. In a red or black bet, you will get the payout if the ball stops on either a black or a red number. You can place your chips on either color on the board to begin the game. Once the ball falls on the color you have chosen, you will win. There will be more chances of winning in this type of bet. There is a 48.65% chance of winning in European or French roulette, while it will be 47.37% in American roulette. As the winning chances are more, the payout will be 1 to 1 only.
Even/Odd – The name says it all. You will place your chips and win the bet depending on even and odd numbers on the table. There will be an option to place your bet either on even or odd. Once you place, you can start the rotation of the table. You will win the payout once the ball stops on a number that matches your selection. There will be a 48.65% chance on European and French roulette, while it will be 47.37% in American roulette.
High/Low – You can find a difference between the numbers as high and low on the board. The numbers from one to eighteen will come under the low category, while those from nineteen to thirty-six will be high. So, this bet will depend on this differentiation and you have to place your bet either on a high or on a low option. Once the ball stops on the number matching your selection, you win. You can win 46.65% of your bets in European and French roulettes, while it is 47.37% in American roulette. There will be a payout of 1 to 1.
Column – As the name suggests, it is a type of bet that you will pay depending on the placement of the ball in any number of a specific column. You have to place your chips in the “2 to 1” space below the column. When the ball stops on any of the numbers on the chosen column, you can take the payout. It is 2 to 1. You can have a possibility of winning at 32.40% in European and French roulette, while it will be 31.60% in American roulette.
Dozen – It will be similar to the column bet, but you will place your bet on three columns at a time. Since there will be twelve numbers in the selected set of columns, the bet has got its name as dozen. You should place your chips on any of the three sets of twelve numbers.
