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The split bet derives its name from its functionality; this bet allows you to split your bet between two adjacent numbers on the Roulette table. Because of this, the split bet in Roulette is also known as the Two Number bet. However, there are certain criteria and parameters that have to be fulfilled for your bet to be a split bet.
Effectively, the split bet in Roulette makes it possible for you to bet on two different numbers simultaneously during a single roll. The split bet in Roulette differs from the straight up bet in many ways, including positioning of the chip and the basic way in which it works itself. Based on the positioning of the numbers on the Roulette table, you can count up to 62 split bets in Roulette.
The Roulette split bet requires you to place your chips on the line that separates two adjacent numbers on the Roulette table.
The 2 numbers need to be neighboring on the table. This means you are not allowed to bet on any two random numbers if the bet you are choosing is the Roulette split bet. You have to make the Roulette split bet in the inside betting area sharing one of the separating lines
It is also a good idea to know what the house edge for the game actually is, because that is usually a key factor in determining whether you are using this bet or not.
The odds of winning a split bet in Roulette are pretty sound, though that does not in any way imply this is an easy bet to win all the time. Your chances of winning the split bet are 17:1, which means you get $17 for every $1 you win. However, if you lose the bet then you lose out on the full amount. The house edge for a Roulette split bet is ok as well. The house edge for a Roulette split bet is quite high in American Roulette, at 5.26%, while for European Roulette, on the other hand, is 2.76%.