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. Most roulette sessions move at a fairly slow pace, to accommodate the number of
people betting, and the variety on which they can bet. 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. On inside bets, the total of all
of your bets must add up to at least the table minimum. 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 the different types of outside bets. Low or High - this bet lets you predict whether you
think the next number to come up will be part of the range from 1 to 18, or part
of the range from 19 to 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. 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. you will likely lose money faster the more
bets you make, because you're betting more. 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. Each player's chips are a different color. Sometimes the dealer
will ask you "Inside or Outside? 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. 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. Inside bets can
usually be as small a you like, as long as the total of all your inside bets is
the table minimum. 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 a
handy way to remember the payouts when you're betting on a set of numbers: Take
36 divided by the quantity of numbers you're betting on, and subtract 1. 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! The wheel has no memory. 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. You don't get paid for the win, though, but it's better than losing
it outright.