If you haven't read up on the rest of the site I'll
quickly go over the different colors of chips and how they relate to the rest of
the roulette rules. All of your chips of the same
color are worth the same amount. 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. The outside bets on a roulette board are
simply the bets that reside 'outside' of the main playing area of 38 numbers. There are no winning outside bets for 0 or 00 results. This is different than inside bets,
where the total of all of your inside bets must meet the table minimum. There
are the different types of outside bets. Red or Black - you can choose to bet on
the outcome either being a red number, or a black number. 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.
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. now, let's see how to play roulette. Here are the
different bets you can make. 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. Each player's chips are a different color. 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. 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) It's important to
understand that the outcome of the roulette wheel is truly random. If Black has
come up for the last 10 spins in a row, the next spin is not more likely to be
Red. 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. 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. Your odds of winning a
one-number bet are 37 to 1 (37 ways to lose, 1 way to win) The difference
between the true odds and what they actually pay you is 2/38, or 5.26%. You don't get paid for the win, though, but it's better than losing
it outright. In effect, this variation has the ability to turn a loss into a tie.