Roulette Basket Bet
In the game of roulette, the ‘Basket’ bet is a unique betting option that allows the player to wager on a group of numbers with a single betting chip. Like other inside bets, the Basket bet provides an alternative strategy for those seeking a higher reward betting approach.
What is a Basket Bet in Roulette?
A Basket bet is one that covers the numbers 0, 1, 2 and 3 on the European Roulette table, and 0, 00, 1, 2 and 3 on the American Roulette table. What makes this inside bet quite unique is that it covers four or five numbers at the same time.
Type
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Description
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Placement
|
---|---|---|
Inside Bet
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A bet on 0, 1, 2, 3 in European, and includes 00 in American
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At the intersection of the first row and zero (and double zero in American).
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How to Play Roulette Using a Basket Bet
Placing a Basket bet is very simple. You simply place a chip on the corner shared by 0 and 1 to cover the multiple numbers.
This is a straightforward wager that can often be incorporated into broader roulette strategies to cover other sections of the wheel.
Is Basket Betting Profitable for Roulette?
The payout for a Basket bet in European Roulette is 8-1, while this reduces to 6-1 in American Roulette.
The win probabilities are as follows:
- European Roulette - 10.81%
- American Roulette - 13.16%
The house edge with this bet is significant. For European Roulette, it is 2.7% and for American Roulette, it is much higher at 7.89%.
|
American Roulette |
European Roulette |
---|---|---|
Total Numbers
|
38
|
37
|
Numbers Covered
|
5
|
4
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Winning Probability
|
5/38 or 13.16%
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4/37 or 10.81%
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Payout
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6 to 1
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8 to 1
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House Edge
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7.89%
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2.7%
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Pros of a Basket Bet:
- It covers more numbers than other inside bets
- Provided an additional betting option that can be included in a broader betting strategy
Cons of a Basket Bet:
- The payout is lower than most other inside bets
- The house advantage is particularly high in American Roulette
Conclusion
A Basket bet is a unique roulette wager that covers more numbers than any other inside bet you can place. Offering payouts of either 6-1 or 8-1, depending on the version of the game you choose to play, it is slightly hampered by the significant house edge associated with it. It might be a wager you choose to include within a broader roulette strategy, rather than on its own.
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