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. 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) 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. 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'. On inside bets, the total of all
of your bets must add up to at least the table minimum. The outside bets on a roulette board are
simply the bets that reside 'outside' of the main playing area of 38 numbers. 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.
Roulette is the game where you guess where the little marble is going to drop
on the spinning wheel. 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 don't have to make just one kind of bet for
each spin, you can make several, and you win if the ball lands on any of your
numbers. 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. 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. 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 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! 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. The wheel has no memory. You can certainly switch to
another number if you want, but that won't improve or worsen your chances. 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. The difference
between the true odds and what they actually pay you is 2/38, or 5.26%. The European
wheel has a lower house edge (2.63%) because it has only 37 slots instead of 38
(no 00) 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.