There are many different types of bets that can be placed on a roulette table. The most common type of bet is a Straight Up bet, which is simply betting on one particular number. There are also Split bets, which involve betting on two adjacent numbers, Street bets, which involve betting on three numbers in a row, and Corner bets, which involve betting on four numbers that form a square.
There are also dozens and columns bets, which involve betting on twelve numbers in a row (1-12, 13-24, or 25-36), or on all the numbers in one of the three columns of the roulette table. Finally, there are even money bets, which involve betting on red or black, odd or even, or high or low (1-18 or 19-36).
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The odds of winning a Straight Up bet are 35 to 1. This means that if you bet $1 on one particular number, and that number comes up, you will win $35. The odds of winning a Split bet are 17 to 1. This means that if you bet $1 on two adjacent numbers, and either one of those numbers comes up, you will win $17.
The odds of winning a Street bet are 11 to 1. This means that if you bet $1 on three numbers in a row, and any one of those numbers comes up, you will win $11. The odds of winning a Corner bet are 8 to 1. This means that if you bet $1 on four numbers that form a square, and any one of those numbers comes up, you will win $8.
The odds of winning a Dozen or Columns bet are 2 to 1. This means that if you bet $1 on twelve numbers in a row (1-12, 13-24, or 25-36), or on all the numbers in one of the three columns of the roulette table, and any one of those numbers comes up, you will win $2.
The odds of winning an Even Money bet are 1 to 1. This means that if you bet $1 on red or black, odd or even, or high or low (1-18 or 19-36), and the number you choose comes up, you will win $1.
As you can see from the above explanation of the different types of bets that can be placed on a roulette table, there is a wide range of possible outcomes for each spin of the wheel. The Straight Up bet offers the highest potential payout (35 to 1), but also has the Lowest chance of success (2.7%).
The Even Money bets offer the Lowest potential payout (1 to 1), but also have the highest chance of success (48% for red/black and odd/even bets; 47% for high/low bets). So it really depends on what your goals are as to what type(s) of bet(s) you should place on each spin of the wheel.
