Odd or Even - This bet pays out at even odds (1:1) if you correctly call the ball landing on odd or even. Red or Black - This bet pays out at even odds (1:1) if the ball lands on the roulette color you choose. Essentially giving you a 1 in 3 chance of winning, and a payout of 2:1 Want an outside bet with a better payout? Place your bets on columns or dozens, which cover 12 of the numbers on the roulette wheel. Outside bets offer the best chance at a payout, as they cover half the possible outcomes. With outside bets being odds or evens, red or black, 1-18 or 19-36, a players odd of winning is 1:1.

Roulette bets fall into two main categories – inside and outside bets. American Roulette is the ultimate game of chance! But with an understating of the odds and terminology you can turn your chance into skill!