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When a bet is made on the outer rim of the roulette table, which covers bigger clusters of numbers, rather than individual numbers, it is referred to as a “Outside Bet” in the world of roulette. With a better chance of winning than “Inside Bets,” which focus on single numbers or small groupings of numbers, these bets are more popular among players.
There are several types of Outside Bets in roulette, each covering a specific set of numbers or characteristics:
Outside Bets generally offer lower payouts than Inside Bets because they have better odds of winning. For example, bets on Red/Black, Odd/Even, and High/Low typically pay 1 to 1, while Dozens and Columns bets usually pay 2 to 1. The exact odds of winning an Outside Bet depend on whether the roulette wheel is American or European, with the latter offering slightly better odds due to having one less number (the double zero).
Many roulette strategies involve Outside Bets due to their higher chances of winning. Some players may choose to bet on Red or Black exclusively, while others might use a combination of Outside Bets to cover more of the table. Strategies like the Martingale system, where players double their bet after a loss, are often applied to Outside Bets because of their near 50/50 odds of winning.
The main advantage of Outside Bets is that they allow players to spread their risk across a larger portion of the wheel. This can lead to more frequent wins, although the amounts won will generally be smaller compared to hitting an Inside Bet. For many players, the appeal of Outside Bets lies in the balance they offer between risk and reward.