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. All of your chips of the same
color are worth the same amount. After the ball has started spinning, the dealer will wave his hands across the
table and say 'no more bets'. On inside bets, the total of all
of your bets must add up to at least the table minimum. 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. 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. This is different than inside bets,
where the total of all of your inside bets must meet the table minimum. 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.
Then he'll scoop up all the losing bets towards the dealer area. 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. " when you're buying chips, to find
out whether you're making inside bets (the ones listed in purple in the table,
on specific numbers) or outside bets (the ones listed in yellow, on kinds of
numbers) If you're asked Inside or Outside, always answer "Both",
even if you only intend to bet one or the other. When you buy in, tell the dealer what denomination you want. Minimum bets work differently for inside and outside bets. Inside bets can
usually be as small a you like, as long as the total of all your inside bets is
the table minimum. 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) In this way, Roulette is more like slots - one single bet can
win a lot. 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! 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. There have been 152 spins (coincidentally,
4 x 38), and so we expect that each number should have come up 4 times on
average. You can certainly switch to
another number if you want, but that won't improve or worsen your chances. 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. You don't get paid for the win, though, but it's better than losing
it outright. In effect, this variation has the ability to turn a loss into a tie.