Inside Bets generally offer higher payouts compared to outside bets because they are riskier. These types of bets are placed on individual numbers or small combinations like two, three, or four numbers. Examples of Inside Bets include straight bets, split bets, street bets, and corner bets. The higher risk involved means the odds of winning are lower, but the potential reward is greater if successful.
Inside Bet Example
For example, in a game of roulette, placing a bet on the number 17 is an Inside Bet. If the ball lands on 17, the payout is significantly higher than an outside bet like red or black.