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. Now lets take a look at each of the individual bets you can make. The
inside bets are made up of specific numbers or combinations of numbers within
the number layout, or along the border of it. 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. Street bet - this is a bet not unlike a split.
It allows you to bet on three different numbers with the same bet. This is different than inside bets,
where the total of all of your inside bets must meet the table minimum. 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. We've added blue circled letters to the diagram to point out
how to make the not-so-obvious bets (the sets of 2-6 numbers) Here are the
different bets you can make. The house edge is the same whether you
make one bet per spin or several. When the ball is getting
ready to drop, the dealer will wave his hand over the table, which means "No
more bets". 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's because if you're betting only inside and someone else is
betting only outside, he can give you both the same color chips and there won't
be any confusion. Inside bets can
usually be as small a you like, as long as the total of all your inside bets is
the table minimum. In this way, Roulette is more like slots - one single bet can
win a lot. If Black has
come up for the last 10 spins in a row, the next spin is not more likely to be
Red. Black and Red still have equal chances of hitting. 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. 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) 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.