When playing popular lucky cola casino games like roulette, craps or big 6, you’ll need to decide whether you want to place inside bets or outside bets. Understanding the difference between these two types of bets can help you craft the right casino strategy.
Inside bets offer bigger payouts but lower chances of winning. With an inside bet, you are wagering on very specific outcomes like a single number in roulette. Some examples of inside roulette bets include:
- Straight Up: Betting on just one number. This offers a 35:1 payout but the odds are only 1 in 37.
- Split: Betting on two adjacent numbers by placing a chip on the line between them. This pays out at 17:1 with odds of 1 in 17.
- Street: Betting on three numbers in a horizontal line by placing a chip on the edge line at either end. This offers an 11:1 payout with 11:1 odds.
The payouts may seem highly attractive, but the probability of hitting these exact numbers means inside bets are ultimately riskier. However, those seeking a big thrill may enjoy the exhilaration.
Alternatively, outside bets apply to categories of numbers rather than specific digits. These bets have near 50/50 odds, almost like a coin toss. Some types of outside roulette bets are:
- Red/Black: Betting whether the ball will land on a red or black number. This simple bet pays 1:1.
- Odds/Evens: Wagering on whether the winning number will be odd or even, which also pays out evenly.
- 1-18/19-36: Predicting if the number will be low (1-18) or high (19-36) on the wheel.
- Dozens: Choosing one of the three dozen number groups (1-12, 13-24, 25-36).
The odds are more favorable, but outside bets yield smaller rewards. Still, these bets boost the chance of winning something versus leaving empty-handed.
Choosing Your Strategy
Inside bets offer electrifying rewards but have slimmer odds. Outside bets provide better odds and smaller (but more frequent) payouts. Evaluate your personal risk tolerance and preference for reliable smaller rewards or high-variance big payouts. This can help determine an inside or outside betting approach tailored for you. Mix and match strategies for added enjoyment! Most importantly, gamble responsibly and have fun at all times.