Each player plays with their own color chips. You trade in
your checks (which most people think of as regular casino chips, but they're
actually called checks) for roulette chips when a new session starts, and the
dealer assigns you a number and denomination. 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. 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. Straight-up bet - this
is the classic roulette bet. Choose any one of the 38 numbers and put your
chips down on that number for the chance to win back at 35 to 1. Street bet - this is a bet not unlike a split.
It allows you to bet on three different numbers with the same bet. There
are the different types of outside bets. Dozens - a bet very similar to
the columns bet, dozens lets you place a bet on either the first dozen numbers
(1-12), the second dozen (13-24), or the third dozen (25-36)
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. Making a bet is easy - you just place your chip(s) on the number(s), color, or
sets you want to bet on. 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. In most games players can continue
making bets even while the ball is still spinning. When the ball falls into a slot, the dealer will announce the
number and the color, and place a marker on the layout where the winning number
is. Don't reach for your winnings until the dealer
removes the marker, or the dealer will scold you. 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. 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! " 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. Now let's say
you've been playing Roulette for a few hours, betting on Red every time, and
you've been keeping track of what numbers have hit. You can certainly switch to
another number if you want, but that won't improve or worsen your chances. 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. It's more important to know what the house edge is, than how to calculate
it, but here's a quick analysis in case you're interested. The European
wheel has a lower house edge (2.63%) because it has only 37 slots instead of 38
(no 00)