At this point the
dealer will say 'place your bets' and everyone at the table will start throwing
chips down like crazy. 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. 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. 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. Split bet - you
can place a single bet on two individual numbers if those numbers are beside
each other on the table layout. The outside bets on a roulette board are
simply the bets that reside 'outside' of the main playing area of 38 numbers. When you place an outside
bet your bet must meet the table minimum.
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. Here are the
different bets you can make. 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. 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. That way if
two players bet on the same number (or set of numbers), then the dealer knows
who to pay, and arguments can't arise over who bet what. That's because if you're betting only inside and someone else is
betting only outside, he can give you both the same color chips and there won't
be any confusion. There's no advantage to
limiting yourself to inside or outside. Roulette chips can in fact be any denomination - $1, $5,
$25, etc. 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! There have been 152 spins (coincidentally,
4 x 38), and so we expect that each number should have come up 4 times on
average. You can certainly switch to
another number if you want, but that won't improve or worsen your chances. 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) If
you win the second spin, your bet is "released from prison" and you
get it back.