Each roulette table moves in
sessions, each session is associated with a spin of the wheel and that spin's
result. 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. Most roulette sessions move at a fairly slow pace, to accommodate the number of
people betting, and the variety on which they can bet. Now lets take a look at each of the individual bets you can make. Split bet - you
can place a single bet on two individual numbers if those numbers are beside
each other on the table layout. Street bet - this is a bet not unlike a split.
It allows you to bet on three different numbers with the same bet. When you place an outside
bet your bet must meet the table minimum. There
are the different types of outside bets. Odd or Even - similar
to the red black bet, this even money bet is based on whether the resulting
number will be odd or even.
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. The house edge is the same whether you
make one bet per spin or several. you will likely lose money faster the more
bets you make, because you're betting more. New players often have to be
told this repeatedly the first time they play because they kept forgetting and
because they're excited about collecting their winnings. " 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) Roulette chips can in fact be any denomination - $1, $5,
$25, etc. Minimum bets work differently for inside and outside bets. 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. If Black has
come up for the last 10 spins in a row, the next spin is not more likely to be
Red. There have been 152 spins (coincidentally,
4 x 38), and so we expect that each number should have come up 4 times on
average. You can certainly switch to
another number if you want, but that won't improve or worsen your chances. The
chances of #27 coming up on a given spin are the same, whether it just come up
on the last spin or not - 1 in 38. Your odds of winning a
one-number bet are 37 to 1 (37 ways to lose, 1 way to win) The European
wheel has a lower house edge (2.63%) because it has only 37 slots instead of 38
(no 00) In effect, this variation has the ability to turn a loss into a tie.