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. At this point, as you intuition may have mentioned
to you, you can't place any more bets. 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. 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. Fiver number bet - there
is only one five number bet available. Red or Black - you can choose to bet on
the outcome either being a red number, or a black number. Columns - at one end of the set of 38 numbers are
boxes with the words '2 to 1' written in them. Dozens - a bet very similar to
the columns bet, dozens lets you place a bet on either the first dozen numbers
(1-12), the second dozen (13-24), or the third dozen (25-36)
You should always calculate your expected
loss and how long you can play on a given bankroll before playing any game, but
with roulette it's especially important. 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) When the ball is getting
ready to drop, the dealer will wave his hand over the table, which means "No
more bets". Sometimes the dealer
will ask you "Inside or Outside? If you're asked Inside or Outside, always answer "Both",
even if you only intend to bet one or the other. 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. Roulette games have minimum bets, which will be posted on a
placard at the table. Remember that
you can bet inside or outside if you like; there's no requirement to bet both on
a given spin. 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) 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. 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. 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) The
last time we checked, Single 0 Roulette was available at the Stratosphere and
the Monte Carlo on the Vegas Strip. You don't get paid for the win, though, but it's better than losing
it outright.