All of your chips of the same
color are worth the same amount. When the new session starts you can put your
chips down where you want to bet, and you don't really have to be in a hurry. Most roulette sessions move at a fairly slow pace, to accommodate the number of
people betting, and the variety on which they can bet. Now lets take a look at each of the individual bets you can make. The
inside bets are made up of specific numbers or combinations of numbers within
the number layout, or along the border of it. 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 no winning outside bets for 0 or 00 results. Low or High - this bet lets you predict whether you
think the next number to come up will be part of the range from 1 to 18, or part
of the range from 19 to 36. Columns - at one end of the set of 38 numbers are
boxes with the words '2 to 1' written in them.
Roulette would be a great game were it not for the high
house edge - usually 5.26%, sometimes as low as 2.63%, which is still higher
than blackjack, craps, or baccarat. You should always calculate your expected
loss and how long you can play on a given bankroll before playing any game, but
with roulette it's especially important. We've added blue circled letters to the diagram to point out
how to make the not-so-obvious bets (the sets of 2-6 numbers) you will likely lose money faster the more
bets you make, because you're betting more. That way if
two players bet on the same number (or set of numbers), then the dealer knows
who to pay, and arguments can't arise over who bet what. That way, you're not locked in
and you always have the ability to change your mind. For outside bets, any bet you make has to be the table minimum. It most other games a bet usually wins only even money, but
Roulette gives you the chance to win 35 times your bet (a winning bet placed on
a single number) If Black has
come up for the last 10 spins in a row, the next spin is not more likely to be
Red. There's an old saying,
"The wheel has no memory. " That means it doesn't know what it spun
before, and even if it did, the wheel can't select what number comes up out of
its own volition. 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. if you win, the
casino doesn't pay you 37 to 1, they pay you less - 35 to 1. The difference
between the true odds and what they actually pay you is 2/38, or 5.26%. The European
wheel has a lower house edge (2.63%) because it has only 37 slots instead of 38
(no 00) On even money bets when 0 comes up, instead of losing right
away, your bet is "imprisoned" and rides again for the next spin. You don't get paid for the win, though, but it's better than losing
it outright.