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) Each player plays with their own color chips. At this point, as you intuition may have mentioned
to you, you can't place any more bets. Just sit back and let the ball fall where
it may. Now lets take a look at each of the individual bets you can make. 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. Fiver number bet - there
is only one five number bet available. This is different than inside bets,
where the total of all of your inside bets must meet the table minimum. There
are the different types of outside bets. 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.
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. Making a bet is easy - you just place your chip(s) on the number(s), color, or
sets you want to bet on. 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. Then he'll scoop up all the losing bets towards the dealer area. 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. That way, you're not locked in
and you always have the ability to change your mind. There's no advantage to
limiting yourself to inside or outside. Roulette chips can in fact be any denomination - $1, $5,
$25, etc. For outside bets, any bet you make has to be the table minimum. Remember that
you can bet inside or outside if you like; there's no requirement to bet both on
a given spin. 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! 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. 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. 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.