All of your chips of the same
color are worth the same amount. 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. At this point, as you intuition may have mentioned
to you, you can't place any more bets. Street bet - this is a bet not unlike a split.
It allows you to bet on three different numbers with the same bet. Fiver number bet - there
is only one five number bet available. 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. Red or Black - you can choose to bet on
the outcome either being a red number, or a black number.
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. now, let's see how to play roulette. For most bets it's fairly obvious - you can't miss the
Red diamond for Red bets, and things like Even, 1-18, and 1st 12 are written out
in plain English. Here are the
different bets you can make. The house edge is the same whether you
make one bet per spin or several. Sometimes the dealer
will ask you "Inside or Outside? " 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) Roulette games have minimum bets, which will be posted on a
placard at the table. 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! It's important to
understand that the outcome of the roulette wheel is truly random. 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. Your odds of winning a
one-number bet are 37 to 1 (37 ways to lose, 1 way to win) The difference
between the true odds and what they actually pay you is 2/38, or 5.26%. 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. European games have an option called en prison which reduces the house edge
to 1.35%, but it's generally not available in the U.S., even in casinos that use
the European wheel.