Each roulette table moves in
sessions, each session is associated with a spin of the wheel and that spin's
result. All of your chips of the same
color are worth the same amount. If you have a player you
likes to put down twenty different bets each time they play, the sessions are
going to move a little slower. At this point, as you intuition may have mentioned
to you, you can't place any more bets. Just sit back and let the ball fall where
it may. Street bet - this is a bet not unlike a split.
It allows you to bet on three different numbers with the same bet. Corner bet -
lets you bet on four adjoining numbers. Placing your chips at the point where
four numbers meet will indicate you want a corner bet. There
are the different types of outside bets. Red or Black - you can choose to bet on
the outcome either being a red number, or a black number. Odd or Even - similar
to the red black bet, this even money bet is based on whether the resulting
number will be odd or even.
Making a bet is easy - you just place your chip(s) on the number(s), color, or
sets you want to bet on. For most bets it's fairly obvious - you can't miss the
Red diamond for Red bets, and things like Even, 1-18, and 1st 12 are written out
in plain English. The house edge is the same whether you
make one bet per spin or several. Sometimes the dealer
will ask you "Inside or Outside? There's no advantage to
limiting yourself to inside or outside. In other games the color of the chip
denotes the denomination, but in Roulette the color denotes only which player
the chip belongs to. Roulette chips can in fact be any denomination - $1, $5,
$25, etc. When you buy in, tell the dealer what denomination you want. Minimum bets work differently for inside and outside bets. In this way, Roulette is more like slots - one single bet can
win a lot. All the bets on the layout carry the same house edge, with the exception
of 5-number Line Bet (0, 00, 1, 2, 3), which carries a whopping 7.29% edge! Black and Red still have equal chances of hitting. Here's another example: Since there are 38 slots on the wheel,
we expect any given number to hit 1 out of 38 spins on average. The
chances of #27 coming up on a given spin are the same, whether it just come up
on the last spin or not - 1 in 38. Atlantic City has a special rule which
reduces the house edge to 2.7% on even money bets (Red/Black, Odd/Even,
1-18/19-36): If 0 or 00 comes up on on even money bet, you lose only half your
bet. European games have an option called en prison which reduces the house edge
to 1.35%, but it's generally not available in the U.S., even in casinos that use
the European wheel. You don't get paid for the win, though, but it's better than losing
it outright.