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In this post, we will explain the Snake Bet strategy and explore its odds and payouts.
A Snake Bet, also known as Red Snake, is a type of roulette betting strategy that involves betting on a group of 12 red numbers that, when connected, form an “S” shape or a “Snake” shape.
In addition, the numbers have to be Straight Bets only, with no splits, and each bet would be made of the same amount. So, for example, if you are betting £1 on the first number, you must place that same £1 on all the other numbers.
Moreover, the numbers must strictly be 1, 5, 9, 12, 14, 16, 19, 23, 27, 30, 32, and 34. Some online casinos might have this option already tailored, while others may require you to manually place each bet on the numbers.
This betting strategy is called the Red Snake bet because the numbers you bet on are all red and form a shape that resembles a snake. It is believed to have originated in China. In Chinese culture, the snake is a zodiac sign that is believed to bring good fortune.
Technically, the Red Snake roulette bet has the same odds of winning as the dozens bet since they both cover 12 numbers. That means its winning odds are 12 in 37 if you are playing European/French roulette or 12 in 38 for an American roulette wheel.
The Red Snake bet has the same payout odds as a straight bet, so a 35:1 payout. However, since you are betting on 12 single numbers, the payout average is actually 2:1.
Although you win 35x one of your bets, you’ve lost the other 11 bets, so it averages out as a 24:1 payout on a £12 total bet, hence 2:1.
That means if your bet wins, you will receive 2x your bet plus your original bet.
No, the Snake Bet does not increase your chances of winning. Betting on 12 numbers has the same chance of winning whether you place one of the outside Dozen bets or follow the Snake Bet strategy and place 12 Straight Up bets.
Another thing to keep in mind is that while the Red Snake bet can potentially be profitable, you also stand to lose a lot more money since you are betting on a dozen single numbers. So the payout if you win is potentially more than, say, the red/black bets, but your chances of winning are lower.
The most important thing to do when playing any roulette game is to remember that it’s a form of entertainment, not a way to make money. Remember that no betting strategy can guarantee a win; over time, the house edge always wins.
If you want to try the Red Snake bet, you can join King Casino and play any of our amazing online roulette games and online casino slot games!
*All values (Bet Levels, Maximum Wins, etc.) mentioned in relation to this game are subject to change at any time.