American Roulette Wheel

An American roulette wheel has 38 slots, 1 through 36 plus 0 and 00. The house edge is 5.4%.

Column Bet
A wager on 12 numbers in a column - pays 2:1

Corner Bet
A bet on four numbers in a square - pays 8:1

Dozen Bet
A bet on 12 numbers, which are divided into three groups - pays 8:1

European Roulette Wheel
A European roulette wheel has 37 slots, 1 through 36 plus 0. The house edge is 2.7%.

Even Bet
A wager that the nest number is even - pays 1:1

Five-Number Bet
This bet can only be made on American roulette wheels and is a combination of 0, 00 1, 2 and 3 - pays 6:1

French Roulette Wheel
See European Roulette Wheel

High Bet
A wager that the nest number is high (19-36) - pays 1:1

 

House Edge/Advantage
The mathematical advantage the casino has on every bet

Inside Bet
A bet on the number section of the layout

Layout
The table top where players place their wagers

Line Bet
A wager that the ball will land on one of six numbers in a line (two rows) - pays 5:1

Low Bet
A wager that the nest number is low (1-18) - pays 1:1

Martingale System
A famous betting system : Players are supposed to double their wagers after every lost bet and thereby win the original wager as soon as a bet is won.

Odd Bet
A wager that the nest number is odd - pays 1:1

Outside Bet
Any wager that is not a bet on the number section - pays 1:1 or 2:1

Quarter bet
See Corner Bet

Red or Black Bet
A wager that the nest number is black or red - pays 1:1

Split Bet
A wager that the ball lands on one of two chosen numbers - 17:1

Straight Up Bet
A wager on any single number on the layout - pays 35:1

Street Bet
A bet on three numbers, also known as a trio bet - pays: 11:1

Zero
The green number that creates the house edge. American roulette wheels also has a double zero 00.