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) 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. If you have a player you
likes to put down twenty different bets each time they play, the sessions are
going to move a little slower. 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. When you place an outside
bet your bet must meet the table minimum. There
are the different types of outside bets. 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)
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. Sometimes the dealer
will ask you "Inside or Outside? That way, you're not locked in
and you always have the ability to change your mind. In other games the color of the chip
denotes the denomination, but in Roulette the color denotes only which player
the chip belongs to. For outside bets, any bet you make has to be the table minimum. 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! 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 wheel has no memory. Your odds of winning a
one-number bet are 37 to 1 (37 ways to lose, 1 way to win) The European
wheel has a lower house edge (2.63%) because it has only 37 slots instead of 38
(no 00) 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.