At this point the
dealer will say 'place your bets' and everyone at the table will start throwing
chips down like crazy. Each player plays with their own color chips. 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. 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. The outside bets on a roulette board are
simply the bets that reside 'outside' of the main playing area of 38 numbers. 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. 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)
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. In most games players can continue
making bets even while the ball is still spinning. Then he'll scoop up all the losing bets towards the dealer area. Don't reach for your winnings until the dealer
removes the marker, or the dealer will scold you. New players often have to be
told this repeatedly the first time they play because they kept forgetting and
because they're excited about collecting their winnings. Each player's chips are a different color. Sometimes the dealer
will ask you "Inside or Outside? That way, you're not locked in
and you always have the ability to change your mind. In other games the color of the chip
denotes the denomination, but in Roulette the color denotes only which player
the chip belongs to. Remember that
you can bet inside or outside if you like; there's no requirement to bet both on
a given spin. 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! It's important to
understand that the outcome of the roulette wheel is truly random. There have been 152 spins (coincidentally,
4 x 38), and so we expect that each number should have come up 4 times on
average. On an American wheel,
there are 38 spots - numbers 1-36, plus 0 and 00. 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. If
you win the second spin, your bet is "released from prison" and you
get it back. In effect, this variation has the ability to turn a loss into a tie.