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. All of your chips of the same
color are worth the same amount. Now lets take a look at each of the individual bets you can make. 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. The outside bets on a roulette board are
simply the bets that reside 'outside' of the main playing area of 38 numbers. There are no winning outside bets for 0 or 00 results. There
are the different types of outside bets. 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)
Roulette is the game where you guess where the little marble is going to drop
on the spinning wheel. Roulette would be a great game were it not for the high
house edge - usually 5.26%, sometimes as low as 2.63%, which is still higher
than blackjack, craps, or baccarat. 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. now, let's see how to play roulette. 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. 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. There's no advantage to
limiting yourself to inside or outside. Roulette chips can in fact be any denomination - $1, $5,
$25, etc. Minimum bets work differently for inside and outside bets. There's an old saying,
"The wheel has no memory. " 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. 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. Your odds of winning a
one-number bet are 37 to 1 (37 ways to lose, 1 way to win) The difference
between the true odds and what they actually pay you is 2/38, or 5.26%. In effect, this variation has the ability to turn a loss into a tie.