Each roulette table moves in
sessions, each session is associated with a spin of the wheel and that spin's
result. A session ends when the ball lands where it may, and the dealers clear
the board of losing bets (and pay winning ones of course) Each player plays with their own color chips. 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. 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. After the ball has started spinning, the dealer will wave his hands across the
table and say 'no more bets'. 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. Street bet - this is a bet not unlike a split.
It allows you to bet on three different numbers with the same bet. Fiver number bet - there
is only one five number bet available.
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) The house edge is the same whether you
make one bet per spin or several. 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) There's no advantage to
limiting yourself to inside or outside. In other games the color of the chip
denotes the denomination, but in Roulette the color denotes only which player
the chip belongs to. 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. 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. 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. 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 difference
between the true odds and what they actually pay you is 2/38, or 5.26%. 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. On even money bets when 0 comes up, instead of losing right
away, your bet is "imprisoned" and rides again for the next spin. In effect, this variation has the ability to turn a loss into a tie.