What is a Street Bet in Roulette with Pros and Cons

What is a Street Bet in Roulette

Of course, learning what is a street bet in roulette, is important for all level players. Well, roulette is a simple casino game and fun to play, where the result depends exclusively on luck. While this made it popular among all players around the world, it also has enough depth to keep veterans engaged. 

Yes, it is in the special bets that the value of this game stays and street bet roulette is one of them. In this guide from Creatuforo, we have compiled a detailed discussion about street bet in roulette. This will help you get a better chance of winning. So, keep reading!

Understanding What is a Street Bet in Roulette

Street Bet in Roulette Meaning
Street Bet in Roulette Meaning

If you have player roulette for a long time, then you will no doubt be aware of the basic bet types that are available to players. 

Red or black, high or low, odd or even, first, second, or third dozen

Those are called “outside” bets, as that is where you will find them on the roulette betting board. Conversely, there are the “inside” bets – straights, splits, corners, baskets, and more. 

To bet on these combinations, you can place your chips on the bet board in the position that coincides with your chosen bet type. However, what many beginners don’t know is that there is another inside bet type, which is called “street bet”. 

For those of you who are wondering what is a street bet in roulette, when you look at the racetrack from the side, you will see that the numbers are shown in a grid that 12 squares long and 3 squares high. It is the vertical lines of the racetrack that show the various street bets in roulette. 

The Basics of Street Bet in Roulette

After knowing what is a street bet in roulette, let’s figure out the basics of this type of bet. Most beginners will look at the grid (which is part of the betting structure on the roulette table) and consider placing bets on top of the numbers within each square. Those are referred to as single numbers, and straight-up bets with a payout of 35 to 1. 

However, a street bet differs in 4 ways: 

  • Your bet will always cover a row of 3 consecutive numbers (horizontally if viewing the numbers the right way up)
  • Only one chip will be used to place a street bet. Therefore, instead of covering 3 straight-up numbers using 3 chips, you can cover all 3 using just one chip so long as they are in a row of 3 consecutive numbers
  • The payout for a street bet win will be 11 to 1
  • You can place 1 or more chips on the outer grid line, on the end of a lower or higher number, that creates 1 of the 3 consecutive numbers in a row. Then, this will be your street bet

Probability and Payouts in Street Bet Roulette

As you know what is a street bet in roulette, you must be wondering the probability and payouts of this type of bet. When you place a street bet in roulette, you are betting on the possible result that one of your 3 numbers will be the winner if the ball comes to rest on the roulette wheel. 

The regular roulette wheel has 36 possible numbers, other variants of the game offer 37 or 38 numbers. However, usually players will be betting on 3 numbers out of a possible 36. That 3/36 probability can be better represented as 1/12 (8.33%) that indicates the likelihood of a number in your street landing. 

As with any casino game, the house edge will always be the advantage. This is shown by the payout for winning street bets that is 11:1. Therefore, if you bet $10 of what is a street bet in roulette, your total return will be $120 ($110 in winnings, with your $10 returned). Yes, when your street bet doesn’t win, your chips are taken, and your stake will be lost.

How Can You Place a Street Bet in Roulette?

After figuring out what is a street bet in roulette, let’s learn how to place this type of bet. Well, when the time comes to place bets in roulette, you can join the roulette table of options and wait for the betting period to commence. 

In addition, you are allowed to make your bets, choose the chip values and put the chips on the outside line that will neighbor the row or street you have chosen to bet on. 

Therefore, if you want to place bets in roulette on the following numbers 16, 17, 18, you can place the chips on the outer line bordering 16. Then, it is a waiting game to notice what happens on the roulette wheel. 

When your ball lands on any of the numbers included in the row bet or line bet, you will win and you can get a good payout. We bet you have got the idea of what is a street bet in roulette.

Pros and Cons of Street Bets in Roulette

After we learn what is a street bet in roulette, now it is time to explore the pros and cons of this type of bet. 

Pros

Here are some advantages of street bets in roulette:

Better Range 

One possible benefit of placing a street bet could be that players will have a greater variety of outside bets to choose from. A brief look at the roulette table layout will be helpful when choosing what kind of street or corner to bet to make.

Trusted 

While there is arguably no such thing as a foolproof method when placing a bet in roulette, this one is trusted by roulette players, as ad mentioned, it offers players more flexibility at the table.

Cons

However, there are some disadvantages of street bets in roulette you should know:

Lower Payout Odds 

Compared to European roulette where the winning chances of what is a street bet in roulette stand at 8.11% and the advantage of house edge will be 2.63%, meanwhile American roulette is lower. The winning probability of a bet that is a street bet will be 7.89% and the house edge is 5.26%.

Takes Longer Time to Build a Bankroll

As the payout levels are smaller, what is a street bet in roulette can be frustrating for players who are expecting for a quick win then they bet. Instead, they have to be patient when they play to enjoy the win. 

Conclusion

To conclude what is a street bet in roulette, it is one of the inside bets. It can be a way to make even money when they find themselves at the roulette table. However, whenever you approach the table, you need to have a clear idea of the type of bet you expect to make before proceeding. 

Spreading things out will improve your chances of winning. If you are new to this casino game, take your time to learn how to win roulette in every spin.


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