Players who don’t have a lot of experience with online roulette games often encounter difficulties with the game’s jargon. While there are some obvious terms like the wheel, other jargon like the pill and outside bets in roulette can be confusing.
Roulette outside bets are important to learn about because they’re some of the most frequently placed wagers in the game. Many roulette betting strategies prioritize the bets on the outside.
There are definite advantages to these bets compared to other options, but these wagers have some drawbacks as well. The more you know about them, the more likely you’ll be to place them in the right situations.
Defining Outside Bets in Roulette
Outside bets in roulette refer to the placement of the spots corresponding to these wagers on the grid on the roulette table. No matter which roulette variant you play, you’ll always find the same set of bets on the outside of the grid.
These bets are placed on the outside because they’re some of the safest wagers in roulette. Although some of these bets come with favorable odds, they do leave something to be desired in terms of payout.
The basic rule of thumb with roulette payouts is that the more likely a bet is to hit, the less valuable the payout will be if you win. With outside bets in roulette, you sacrifice potential profit for a better chance at winning.
Even so, there is some variance in this bet set. With some luck, it is possible to realize a small profit if you understand your options.
Types of Outside Bets in Roulette
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When considering your options for the best outside bets in roulette, you should specify exactly what that term means. In this context, the best bet can mean different things to players at different times.
In some instances, the best bet will be the wager that’s most likely to hit. For some players, the best bet is a wager that offers the most valuable potential return.
Outside bets can fit all those descriptions to an extent. For example, bets on black or red, high or low, and odd or even give you a strong chance to win. At the same time, you won’t make any profit off these bets.
There are bets that offer higher payouts at greater risk on the outside. These include the columns and dozens wagers. With these bets, you can enjoy payouts like 2 to 1.
Even with the more player-friendly odds, you still need luck to win. The best paths to profiting off inside bets account for inevitable losses.
The Best Roulette Outside Bet Strategies
The great news about types of roulette bets and betting strategies is that many popular strategies incorporate outside bets heavily. The aim of all these betting plans is to give you a shot at ending your playing session with more money than you started with.
The key to success with all these strategies is setting an overall spending limit, a time limit, and a win limit. With those rules in place, you’ll know exactly when your session is over.
From there, you also need to decide how much you’ll spend on each individual bet according to the betting system instructions. As an example, the Martingale system sticks to the even money bets and requires you to double your bet amount after each loss.
To follow the system, you have to build room in your budget to make those bets. That requires discipline in sticking to your limits as well as some luck to pull off.
When you register for BetMGM and make a qualifying deposit, you can try out these strategies for outside bets with BetMGM’s incredible casino welcome bonus. Once you’re comfortable, you can start earning BetMGM Rewards points with your real-money bets.
Players love outside bets because they can help you play roulette for extended periods of time. Regardless of how you want to play, roulette at BetMGM is a great way to spend your time.