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. After the ball has started spinning, the dealer will wave his hands across the
table and say 'no more bets'. At this point, as you intuition may have mentioned
to you, you can't place any more bets. There are no winning outside bets for 0 or 00 results. 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. 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)
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. For most bets it's fairly obvious - you can't miss the
Red diamond for Red bets, and things like Even, 1-18, and 1st 12 are written out
in plain English. Here are the
different bets you can make. Then he'll scoop up all the losing bets towards the dealer area. 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) If you're asked Inside or Outside, always answer "Both",
even if you only intend to bet one or the other. Remember that
you can bet inside or outside if you like; there's no requirement to bet both on
a given spin. 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) 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. 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. Your odds of winning a
one-number bet are 37 to 1 (37 ways to lose, 1 way to win) if you win, the
casino doesn't pay you 37 to 1, they pay you less - 35 to 1. The difference
between the true odds and what they actually pay you is 2/38, or 5.26%. The
last time we checked, Single 0 Roulette was available at the Stratosphere and
the Monte Carlo on the Vegas Strip.