At this point the
dealer will say 'place your bets' and everyone at the table will start throwing
chips down like crazy. Each player plays with their own color chips. 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. 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. Now lets take a look at each of the individual bets you can make. The
inside bets are made up of specific numbers or combinations of numbers within
the number layout, or along the border of it. 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. When you place an outside
bet your bet must meet the table minimum. 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. Here are the
different bets you can make. 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. you will likely lose money faster the more
bets you make, because you're betting more. 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. Don't reach for your winnings until the dealer
removes the marker, or the dealer will scold you. Each player's chips are a different color. It most other games a bet usually wins only even money, but
Roulette gives you the chance to win 35 times your bet (a winning bet placed on
a single number) 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. 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! " 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. Here's another example: Since there are 38 slots on the wheel,
we expect any given number to hit 1 out of 38 spins on average. 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. You can certainly switch to
another number if you want, but that won't improve or worsen your chances. 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.