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. After the ball has started spinning, the dealer will wave his hands across the
table and say 'no more bets'. 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. 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. Split bet - you
can place a single bet on two individual numbers if those numbers are beside
each other on the table layout. Red or Black - you can choose to bet on
the outcome either being a red number, or a black number.
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) In most games players can continue
making bets even while the ball is still spinning. Each player's chips are a different color. Sometimes the dealer
will ask you "Inside or Outside? " when you're buying chips, to find
out whether you're making inside bets (the ones listed in purple in the table,
on specific numbers) or outside bets (the ones listed in yellow, on kinds of
numbers) If you're asked Inside or Outside, always answer "Both",
even if you only intend to bet one or the other. Inside bets can
usually be as small a you like, as long as the total of all your inside bets is
the table minimum. Here's a
handy way to remember the payouts when you're betting on a set of numbers: Take
36 divided by the quantity of numbers you're betting on, and subtract 1. 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. 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. The wheel has no memory. You can certainly switch to
another number if you want, but that won't improve or worsen your chances. 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.