All of your chips of the same
color are worth the same amount. 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. After the ball has started spinning, the dealer will wave his hands across the
table and say 'no more bets'. Now lets take a look at each of the individual bets you can make. On inside bets, the total of all
of your bets must add up to at least the table minimum. Street bet - this is a bet not unlike a split.
It allows you to bet on three different numbers with the same bet. 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. 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.
Here are the
different bets you can make. In most games players can continue
making bets even while the ball is still spinning. 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. 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. Each player's chips are a different color. 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. Roulette games have minimum bets, which will be posted on a
placard at the table. Minimum bets work differently for inside and outside bets. 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! Black and Red still have equal chances of hitting. 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) European games have an option called en prison which reduces the house edge
to 1.35%, but it's generally not available in the U.S., even in casinos that use
the European wheel. You don't get paid for the win, though, but it's better than losing
it outright.