Each roulette table moves in
sessions, each session is associated with a spin of the wheel and that spin's
result. 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. If you have a player you
likes to put down twenty different bets each time they play, the sessions are
going to move a little slower. 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. On inside bets, the total of all
of your bets must add up to at least the table minimum. 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. The outside bets on a roulette board are
simply the bets that reside 'outside' of the main playing area of 38 numbers. There
are the different types of outside bets.
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. 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. There's no advantage to
limiting yourself to inside or outside. When you buy in, tell the dealer what denomination you want. Roulette games have minimum bets, which will be posted on a
placard at the table. For outside bets, any bet you make has to be the table minimum. Inside bets can
usually be as small a you like, as long as the total of all your inside bets is
the table minimum. 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! There's an old saying,
"The wheel has no memory. 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. On an American wheel,
there are 38 spots - numbers 1-36, plus 0 and 00. The difference
between the true odds and what they actually pay you is 2/38, or 5.26%. The
last time we checked, Single 0 Roulette was available at the Stratosphere and
the Monte Carlo on the Vegas Strip. 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. In effect, this variation has the ability to turn a loss into a tie.