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. 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) At this point the
dealer will say 'place your bets' and everyone at the table will start throwing
chips down like crazy. 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. 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. 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. This is different than inside bets,
where the total of all of your inside bets must meet the table minimum.
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. Making a bet is easy - you just place your chip(s) on the number(s), color, or
sets you want to bet on. 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) 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. Each player's chips are a different color. There's no advantage to
limiting yourself to inside or outside. In other games the color of the chip
denotes the denomination, but in Roulette the color denotes only which player
the chip belongs to. Roulette games have minimum bets, which will be posted on a
placard at the table. Minimum bets work differently for inside and outside bets. 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. Here's a
handy way to remember the payouts when you're betting on a set of numbers: Take
36 divided by the quantity of numbers you're betting on, and subtract 1. 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. 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. European games have an option called en prison which reduces the house edge
to 1.35%, but it's generally not available in the U.S., even in casinos that use
the European wheel. If
you win the second spin, your bet is "released from prison" and you
get it back.