High or Low Bet
The High or Low Bet in roulette is an even-money bet where you wager on whether the winning number will be in the "Low" range (1-18) or the "High" range (19-36). It’s one of the simplest bets, offering a 1:1 payout, with decent odds but a small house edge due to the zero (or double zero in American roulette).
Key Details of the High or Low Bet
Here’s a breakdown of the key details for the High or Low Bet:
- Odds: 18 in 37 (European roulette) or 18 in 38 (American roulette).
- House Edge: 2.70% (European roulette) or 5.26% (American roulette).
- Payout: 1:1 – You double your bet if you win.
How the High or Low Bet Works
In a High or Low Bet, you choose either "Low" (numbers 1-18) or "High" (numbers 19-36) and place your chips on the respective section of the roulette table. If the ball lands on a number within your selected range, you win. If it lands on a number outside your chosen range or on 0 (or 00 in American roulette), you lose.
For example, if you bet $20 on "High" and the ball lands on 25, you win $20, plus your original $20 bet back, for a total of $40.
Odds, House Edge, and Payout
The High or Low Bet is one of the safer bets in roulette, offering even odds but with a house edge due to the presence of the zero.
While the payout is smaller, the higher probability of winning makes this bet a popular choice for players who want lower-risk options.
Examples of High or Low Bet in Action
Example 1: You place a $50 High Bet (19-36), and the ball lands on 32. You win $50 plus your original $50 back, for a total of $100.
Example 2: You bet $25 on "Low" (1-18), but the ball lands on 0. Since 0 is not part of any "High" or "Low" range, you lose your $25 bet.
High or Low Bet FAQs
What is the payout for a High or Low Bet in roulette?
The payout for a High or Low Bet is 1:1, meaning if you bet $10, you win $10.
What are the odds of winning a High or Low Bet?
The odds are 48.6% in European roulette and 47.4% in American roulette.
What is the house edge on a High or Low Bet?
The house edge is 2.70% in European roulette and 5.26% in American roulette.
Can I combine High or Low Bets with other bets?
Yes, combining a High or Low Bet with other even-money bets like Red/Black can help balance your risk.
Is the High or Low Bet a good strategy for beginners?
Yes, the High or Low Bet is great for beginners because it’s simple, offers good odds, and has a low-risk factor.