The first thing you should know before you learn anything about the bets you
can make, is when and how you can make those bets. 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. There aren't many specific things that can be
considered roulette rules at the table, but here's one you shouldn't forget. After the ball has started spinning, the dealer will wave his hands across the
table and say 'no more bets'. 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. 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. This is different than inside bets,
where the total of all of your inside bets must meet the table minimum. Dozens - a bet very similar to
the columns bet, dozens lets you place a bet on either the first dozen numbers
(1-12), the second dozen (13-24), or the third dozen (25-36)
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. 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". Then he'll scoop up all the losing bets towards the dealer area. 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. In other games the color of the chip
denotes the denomination, but in Roulette the color denotes only which player
the chip belongs to. 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) 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! 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. There have been 152 spins (coincidentally,
4 x 38), and so we expect that each number should have come up 4 times on
average. On an American wheel,
there are 38 spots - numbers 1-36, plus 0 and 00. 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) The
last time we checked, Single 0 Roulette was available at the Stratosphere and
the Monte Carlo on the Vegas Strip.