What is Five Number Bet?
A five-number bet is when a player places his chip on the bottom corner of the zero and one to bet 0, 00, 1, 2, and 3 coming up in succession on an American roulette board (note that they don’t have five-number bets on a European roulette board). This is also known as the basket bet and most experts see it as the worst possible bet a player can place. Not only are the odds for such a bet strangely low at 6-1, but the house edge on a five-number bet is 7.9%. Compare this to other bets where the house edge is 5.3%
Five Number Bet Explained
That leaves the one question: Why would anyone ever play a five-number bet? Put simply – unless they have a destructive streak a mile long – there is no reason. At 5 to 1, the six-number bet has less odds, but on a six-bet you can choose any six numbers from the horizontal rows (for example 1, 2, 3, 4, 5, 6 or 28, 29, 30, 31, 32 and 33.) The chances of the bet coming in are infinitely better than a bet on a five-number bet.
Both the five-number bet and the six bet are what are known as inside bets. The other inside bets are single number, split, street, and corner. The odds are a lot higher than on outside bets (such as odds or evens) because players are betting on the ball landing on a specific number. A single number bet, for example – betting on the ball landing on one particular number – is a huge 33 to 1.
The second question is: Why is such a difficult bet that everybody would advise against, on the board? One answer could be that it is a variation of the European four-number bet. The four-number bet is the same except that the European table does not have the 00 number and the house edge is only 2.63%. In comparison, it is a far safer bet to make.