At this point the
dealer will say 'place your bets' and everyone at the table will start throwing
chips down like crazy. 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. 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. After the ball has started spinning, the dealer will wave his hands across the
table and say 'no 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. 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. There are no winning outside bets for 0 or 00 results.
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. 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. The house edge is the same whether you
make one bet per spin or several. In most games players can continue
making bets even while the ball is still spinning. 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. Don't reach for your winnings until the dealer
removes the marker, or the dealer will scold you. Roulette chips can in fact be any denomination - $1, $5,
$25, etc. When you buy in, tell the dealer what denomination you want. 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) Here's another example: Since there are 38 slots on the wheel,
we expect any given number to hit 1 out of 38 spins on average. You can certainly switch to
another number if you want, but that won't improve or worsen your chances. On an American wheel,
there are 38 spots - numbers 1-36, plus 0 and 00. 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%. If you play Roulette, the most important thing is to find a casino that
offers the European wheel (which is called "Single 0" Roulette) 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.