There are a total of eight different bets available on a roulette table. Each type of bet has a different pay off rate and covers different amounts of numbers.

The short lines of three numbers each are called rows on the board, while the longer lines, each holding twelve, are called columns.

The first five types of bets are all made on the numbered space or on the lines between them and are called inside bets, while the last three types are made on the special boxes below and to the left of the board and are called outside bets.

After your bets have been places the wheel spins and the ball will eventually come to a stop in one of the numbered slots. Then depending on your bets you will either win or lose. Below are the various bet categories.
  
Straight Up : Pay Off : 35 to 1
This is when you place a chip on one number and one number only.

Split Bet : Pay Off : 17 to 1
Place your chip on the line between two different numbers

Street Bet : Pay Off : 11 to 1
A bet placed at the end of a row of numbers, This bet covers three numbers

Corner Bet : Pay Off : 8 to 1
A bet placed on the corner where four number meet, covers four numbers

Line Bet : Pay Off : 5 to 1
A bet placed on the line between two rows. This bet covers six numbers

Column Bet : Pay Off : 2 to 1
A bet placed in one of the boxes at the end of the columns. Covers 12 numbers

Dozen Bet : Pay Off : 2 to 1
A bet placed in either the box marked 1st, 2nd or 3rd 12. Covers 12 numbers

Red or Black, Odd or Even : Pay Off : 1 to 1
Covers half of the boards, 18 numbers and does not cover zero or double