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. You trade in
your checks (which most people think of as regular casino chips, but they're
actually called checks) for roulette chips when a new session starts, and the
dealer assigns you a number and denomination. The
inside bets are made up of specific numbers or combinations of numbers within
the number layout, or along the border of it. On inside bets, the total of all
of your bets must add up to at least the table minimum. Straight-up bet - this
is the classic roulette bet. Choose any one of the 38 numbers and put your
chips down on that number for the chance to win back at 35 to 1. Split bet - you
can place a single bet on two individual numbers if those numbers are beside
each other on the table layout. Fiver number bet - there
is only one five number bet available. There
are the different types of outside bets.
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. Then he'll scoop up all the losing bets towards the dealer area. " 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) If you're asked Inside or Outside, always answer "Both",
even if you only intend to bet one or the other. Inside bets can
usually be as small a you like, as long as the total of all your inside bets is
the table minimum. Remember that
you can bet inside or outside if you like; there's no requirement to bet both on
a given spin. It's important to
understand that the outcome of the roulette wheel is truly random. Black and Red still have equal chances of hitting. " That means it doesn't know what it spun
before, and even if it did, the wheel can't select what number comes up out of
its own volition. 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. 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. if you win, the
casino doesn't pay you 37 to 1, they pay you less - 35 to 1. 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) 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. You don't get paid for the win, though, but it's better than losing
it outright.