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. Each roulette table moves in
sessions, each session is associated with a spin of the wheel and that spin's
result. 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) 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. After the ball has started spinning, the dealer will wave his hands across the
table and say 'no more bets'. Street bet - this is a bet not unlike a split.
It allows you to bet on three different numbers with the same bet. Fiver number bet - there
is only one five number bet available. When you place an outside
bet your bet must meet the table minimum. There
are the different types of outside bets.
We've added blue circled letters to the diagram to point out
how to make the not-so-obvious bets (the sets of 2-6 numbers) Then he'll scoop up all the losing bets towards the dealer area. 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. 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. If you're asked Inside or Outside, always answer "Both",
even if you only intend to bet one or the other. There's no advantage to
limiting yourself to inside or outside. For outside bets, any bet you make has to be 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) In this way, Roulette is more like slots - one single bet can
win a lot. Black and Red still have equal chances of hitting. 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. 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. 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) If
you win the second spin, your bet is "released from prison" and you
get it back.