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. If you haven't read up on the rest of the site I'll
quickly go over the different colors of chips and how they relate to the rest of
the roulette rules. Each player plays with their own color chips. 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. 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. 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. Fiver number bet - there
is only one five number bet available. There are no winning outside bets for 0 or 00 results.
Roulette is the game where you guess where the little marble is going to drop
on the spinning wheel. 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. Here are the
different bets you can make. You don't have to make just one kind of bet for
each spin, you can make several, and you win if the ball lands on any of your
numbers. When the ball is getting
ready to drop, the dealer will wave his hand over the table, which means "No
more bets". 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. 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. If you're asked Inside or Outside, always answer "Both",
even if you only intend to bet one or the other. 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! There's an old saying,
"The wheel has no memory. Now let's say
you've been playing Roulette for a few hours, betting on Red every time, and
you've been keeping track of what numbers have hit. 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. The difference
between the true odds and what they actually pay you is 2/38, or 5.26%. If you play Roulette, the most important thing is to find a casino that
offers the European wheel (which is called "Single 0" Roulette) The
last time we checked, Single 0 Roulette was available at the Stratosphere and
the Monte Carlo on the Vegas Strip. 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. On even money bets when 0 comes up, instead of losing right
away, your bet is "imprisoned" and rides again for the next spin.