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. Most roulette sessions move at a fairly slow pace, to accommodate the number of
people betting, and the variety on which they can bet. 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. After the ball has started spinning, the dealer will wave his hands across the
table and say 'no more bets'. Now lets take a look at each of the individual bets you can make. Street bet - this is a bet not unlike a split.
It allows you to bet on three different numbers with the same 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. In most games players can continue
making bets even while the ball is still spinning. When the ball falls into a slot, the dealer will announce the
number and the color, and place a marker on the layout where the winning number
is. 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. 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. " 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) That way, you're not locked in
and you always have the ability to change your mind. 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. 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. 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. 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.