If you are serious about playing online roulette for cash, you definitely have to understand your bets. There are dozens of different possible bets on the roulette wheel, and many of them pay starkly different odds. For instance, if you simply bet on one of the 36 individual numbers, zero or double zero, you are paid off at 35 to 1. But if you bet on a four number square, you will be paid off at 8 to 1, and betting on red or black, even or odd, and low or high is an even money 1 to 1 payout. Does this sound confusing?
Actually, roulette odds are rather straightforward. When you play roulette for cash in an online casino, look at the top of the betting field above the numbered grid. You will see either a single zero, or a single zero and a double zero. The game with a double zero is the American version, and a single zero only denotes the European version. The appearance of that double zero in the American roulette game significantly increases the house edge. Whenever you can, find an online casino which offers European-style roulette.
The zero and double zero do not count as red, black, even or odd, and this is the built-in house edge. The numbers 1 through 36 are arranged in three rows of 12 numbers each. Betting on any one of these 12 number runs is called a column bet. If you place a chip over just one number, this is called a single number bet. You can move that chip slightly so that it touches two numbers, then this is considered a two number split. If you were to move that chip just a little bit more so that it touches four intersecting numbers, you have now placed a four number square bet.
Inside bets are those placed on the inside of the betting field, which included the numbers 1 through 36, zero, and double zero if it is present. Any other bets are considered outside bets, and include the red or black, even or odd, and low or high wagers. Outside bets also include "dozen bets" on the three groups of 12 numbers each (1-12, 13-24 and 25-36). The aforementioned column bet is also considered an outside bet, and just remember that the more numbers you cover on a single bet, the better your odds of hitting and the lower the payout.
Of course, some online casinos which let you play roulette for real cash may offer special events, free bets, and other incentives and bonuses. For instance, the top rated online roulette casinos will award you with free deposit matching bonus money just for downloading their software and opening an account. This gives you free money to play with, giving you the most bang for your buck. Online roulette is an exciting, fast-paced game which is easy to learn and play, so download your software or hit an instant-play casino, and experience the virtual Vegas fun for yourself. Now that you understand the betting system a little better, check out our section on developing playing strategies for playing online roulette, or our page on roulette systems.
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