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. There aren't many specific things that can be
considered roulette rules at the table, but here's one you shouldn't forget. At this point, as you intuition may have mentioned
to you, you can't place any more bets. 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. 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. There are no winning outside bets for 0 or 00 results. Red or Black - you can choose to bet on
the outcome either being a red number, or a black number. Low or High - this bet lets you predict whether you
think the next number to come up will be part of the range from 1 to 18, or part
of the range from 19 to 36.
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. The house edge is the same whether you
make one bet per spin or several. New players often have to be
told this repeatedly the first time they play because they kept forgetting and
because they're excited about collecting their winnings. Each player's chips are a different color. That's because if you're betting only inside and someone else is
betting only outside, he can give you both the same color chips and there won't
be any confusion. There's no advantage to
limiting yourself to inside or outside. Roulette chips can in fact be any denomination - $1, $5,
$25, etc. Inside bets can
usually be as small a you like, as long as the total of all your inside bets is
the table minimum. 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! It's important to
understand that the outcome of the roulette wheel is truly random. If Black has
come up for the last 10 spins in a row, the next spin is not more likely to be
Red. There's an old saying,
"The wheel has no memory. It's more important to know what the house edge is, than how to calculate
it, but here's a quick analysis in case you're interested. 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. On even money bets when 0 comes up, instead of losing right
away, your bet is "imprisoned" and rides again for the next spin. If
you win the second spin, your bet is "released from prison" and you
get it back.