At this point the
dealer will say 'place your bets' and everyone at the table will start throwing
chips down like crazy. 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. 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. Split bet - you
can place a single bet on two individual numbers if those numbers are beside
each other on the table layout. 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. 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. When you place an outside
bet your bet must meet the table minimum. This is different than inside bets,
where the total of all of your inside bets must meet the table minimum. Odd or Even - similar
to the red black bet, this even money bet is based on whether the resulting
number will be odd or even.
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. In most games players can continue
making bets even while the ball is still spinning. 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 chips can in fact be any denomination - $1, $5,
$25, etc. 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. It's important to
understand that the outcome of the roulette wheel is truly random. Black and Red still have equal chances of hitting. " 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. On an American wheel,
there are 38 spots - numbers 1-36, plus 0 and 00. 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) 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. In effect, this variation has the ability to turn a loss into a tie.