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. 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. 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. Just sit back and let the ball fall where
it may. Split bet - you
can place a single bet on two individual numbers if those numbers are beside
each other on the table layout. There are no winning outside bets for 0 or 00 results. 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)
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 don't have to make just one kind of bet for
each spin, you can make several, and you win if the ball lands on any of your
numbers. The house edge is the same whether you
make one bet per spin or several. you will likely lose money faster the more
bets you make, because you're betting more. Then he'll scoop up all the losing bets towards the dealer area. If you're asked Inside or Outside, always answer "Both",
even if you only intend to bet one or the other. 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. Inside bets can
usually be as small a you like, as long as the total of all your inside bets is
the table minimum. 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! 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. There have been 152 spins (coincidentally,
4 x 38), and so we expect that each number should have come up 4 times 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. On an American wheel,
there are 38 spots - numbers 1-36, plus 0 and 00. Your odds of winning a
one-number bet are 37 to 1 (37 ways to lose, 1 way to win) The European
wheel has a lower house edge (2.63%) because it has only 37 slots instead of 38
(no 00)