Inside bets include options with the highest potential returns. A straight-up bet, on a single number, offers the highest payout, typically 35:1. A split bet, covering two numbers, pays 17:1. A street bet, covering three numbers, returns 11:1. Corner bets, covering four numbers, pay 8:1, while a line bet, covering six numbers, pays 5:1. These higher payouts come with a greater risk, as the chances of successfully predicting a specific number or small combination are inherently lower.
Outside bets, while offering lower payouts, provide a more accessible entry into the game. Betting on red or black, odd or even, or high or low numbers (1-18 or 19-36) generally pays 1:1. These bets double your stake if you win. Column and dozen bets, covering twelve numbers, pay 2:1. The reduced payout compared to inside bets is a direct reflection of the increased probability of winning. Understanding the relationship between risk, reward, and probability is critical when choosing your betting strategy.
Several factors can impact roulette payouts in Australia. The most significant is the type of roulette wheel being used, particularly European vs. American. European roulette features a single zero (0), while American roulette includes both a single zero (0) and a double zero (00). The presence of the double zero significantly increases the house edge, reducing your overall chances of winning. Furthermore, the specific rules of the casino, such as "la partage" or "en prison," can also influence payouts on even-money bets, offering a slight advantage to the player in certain situations.
Knowing the house edge is essential when selecting which roulette variant to play. European roulette, with its single zero, has a lower house edge (2.7) compared to American roulette (5.26). Understanding the impact of these differences on potential payouts will help players make more informed decisions and enjoy the game more. Additionally, always check the payout structure at the specific casino you're playing at, as subtle variations may exist.