At this point the dealer will say 'place your bets' and everyone at the table will start throwing chips down like crazy. Each player plays with their own color chips. Just sit back and let the ball fall where it may. 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. Fiver number bet - there is only one five number bet available. The outside bets on a roulette board are simply the bets that reside 'outside' of the main playing area of 38 numbers. 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.

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. 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. Each player's chips are a different color. " 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) 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. That way, you're not locked in and you always have the ability to change your mind. 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! It's important to understand that the outcome of the roulette wheel is truly random. There have been 152 spins (coincidentally, 4 x 38), and so we expect that each number should have come up 4 times on average. 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. If you play Roulette, the most important thing is to find a casino that offers the European wheel (which is called "Single 0" Roulette) 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. If you win the second spin, your bet is "released from prison" and you get it back. You don't get paid for the win, though, but it's better than losing it outright. In effect, this variation has the ability to turn a loss into a tie.