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. 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. At this point, as you intuition may have mentioned
to you, you can't place any more bets. Now lets take a look at each of the individual bets you can make. 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. There are no winning outside bets for 0 or 00 results. When you place an outside
bet your bet 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.
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. 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) 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. 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. 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. Sometimes the dealer
will ask you "Inside or Outside? That way, you're not locked in
and you always have the ability to change your mind. 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. Roulette chips can in fact be any denomination - $1, $5,
$25, etc. If Black has
come up for the last 10 spins in a row, the next spin is not more likely to be
Red. There's an old saying,
"The wheel has no memory. " That means it doesn't know what it spun
before, and even if it did, the wheel can't select what number comes up out of
its own volition. You can certainly switch to
another number if you want, but that won't improve or worsen your chances. If
you win the second spin, your bet is "released from prison" and you
get it back. You don't get paid for the win, though, but it's better than losing
it outright.