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. 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. 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. Split bet - you
can place a single bet on two individual numbers if those numbers are beside
each other on the table layout. 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. 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.
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. The house edge is the same whether you
make one bet per spin or several. you will likely lose money faster the more
bets you make, because you're betting more. 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. In other games the color of the chip
denotes the denomination, but in Roulette the color denotes only which player
the chip belongs to. 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. " That means it doesn't know what it spun
before, and even if it did, the wheel can't select what number comes up out of
its own volition. You can certainly switch to
another number if you want, but that won't improve or worsen your chances. 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. On an American wheel,
there are 38 spots - numbers 1-36, plus 0 and 00. if you win, the
casino doesn't pay you 37 to 1, they pay you less - 35 to 1. The European
wheel has a lower house edge (2.63%) because it has only 37 slots instead of 38
(no 00) On even money bets when 0 comes up, instead of losing right
away, your bet is "imprisoned" and rides again for the next spin. If
you win the second spin, your bet is "released from prison" and you
get it back.