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) At this point the
dealer will say 'place your bets' and everyone at the table will start throwing
chips down like crazy. 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. 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. There are no winning outside bets for 0 or 00 results. When you place an outside
bet your bet must meet the table minimum. 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.
Making a bet is easy - you just place your chip(s) on the number(s), color, or
sets you want to bet on. The house edge is the same whether you
make one bet per spin or several. you will likely lose money faster the more
bets you make, because you're betting more. In most games players can continue
making bets even while the ball is still spinning. When the ball is getting
ready to drop, the dealer will wave his hand over the table, which means "No
more bets". 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. There's no advantage to
limiting yourself to inside or outside. Minimum bets work differently for inside and outside bets. Inside bets can
usually be as small a you like, as long as the total of all your inside bets is
the table minimum. 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. 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. If you play Roulette, the most important thing is to find a casino that
offers the European wheel (which is called "Single 0" Roulette) The
last time we checked, Single 0 Roulette was available at the Stratosphere and
the Monte Carlo on the Vegas Strip. 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. On even money bets when 0 comes up, instead of losing right
away, your bet is "imprisoned" and rides again for the next spin. If
you win the second spin, your bet is "released from prison" and you
get it back.