If you haven't read up on the rest of the site I'll
quickly go over the different colors of chips and how they relate to the rest of
the roulette rules. 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. On inside bets, the total of all
of your bets must add up to at least the table minimum. 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. There are no winning outside bets for 0 or 00 results. 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. 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. 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. 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. In most games players can continue
making bets even while the ball is still spinning. Don't reach for your winnings until the dealer
removes the marker, or the dealer will scold you. 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. Roulette chips can in fact be any denomination - $1, $5,
$25, etc. Minimum bets work differently for inside and outside bets. For outside bets, any bet you make has to be the table minimum. 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. 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. 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. On an American wheel,
there are 38 spots - numbers 1-36, plus 0 and 00. Your odds of winning a
one-number bet are 37 to 1 (37 ways to lose, 1 way to win) The
last time we checked, Single 0 Roulette was available at the Stratosphere and
the Monte Carlo on the Vegas Strip. You don't get paid for the win, though, but it's better than losing
it outright.