What is a 'Street Bet'?

Roulette is a very popular casino game. It has a quite high casino edge so it is also important to learn how to maximize your chances of winning. In the game, players may choose to place bets on a single number, various groupings of numbers, the colours red or black, whether the number is odd or even, or if the numbers are high (19–36) or low (1–18). There are various bets that the player chooses to put depending upon the scenario of the game.

What is a 'Street Bet'?

Before you play roulette, especially for real money, it is best to have a clear understanding about the different bets and their pay-outs. The street bet is one of that bet on roulette. The street bet is that bet which has three numbers in a row for example 1-2-3 or 13-14-15. These numbers are consecutive and appear to come after one another. If the player chooses to go with the street bet then after moving the wheel one of the numbers from the street bet comes up then that is the win and the player will get the pay-out.

Street bet is similar to line bet. The only difference is that line bet has six numbers but street bet on the other hand has 3 numbers. How exactly do you select the numbers for street bet? Street bets are placed outside the line, against the first number in the group. The bets on the three numbers in street bet forms a street on the roulette table so the player has a better chance of winning than if they selected a single number. The probability of this bet winning is 8.11% in European roulette wheel and 7.89% in American roulette wheel. This means that if you bet 50 dollars then when you win you will end up with 600 dollars almost 550 dollars of profit.

The pay-out for winning a street bet is 11:1. Normally a person can place 3 street bets which increases his chance of winning to 24.33%. If you win you keep the bets for the next spin and if in case you lose you add 50$ on each street bet. The probability of the number that you selected increases with each spin. Hence the chances of winning also increase. This continues till you win. And more you lose your chances become 25% for wining.

The street bets can be played solemnly in conjunction with other bets. Street bets might be used in together with colour bets, odd/even bets and high/low bets. This will maximize the potential win or to offset bet risks. The numbers of the street bets are not marked specifically on the table, you can consider them on your own.

If you go for a street bet then you need to make sure that your chips are on the right side usually adjoining the thirds bet section and make sure that the dealer knows that you are choosing for street bet.

Advantages of street bets:

Street bets increase the probability of winning because you have three numbers which you choose and every time you win the pay-out is 8.11%. Hence street bets is great way of increasing your chances of winning.

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