The first thing you should know before you learn anything about the bets you
can make, is when and how you can make those bets. Each roulette table moves in
sessions, each session is associated with a spin of the wheel and that spin's
result. A session ends when the ball lands where it may, and the dealers clear
the board of losing bets (and pay winning ones of course) At this point the
dealer will say 'place your bets' and everyone at the table will start throwing
chips down like crazy. All of your chips of the same
color are worth the same amount. Just sit back and let the ball fall where
it may. Fiver number bet - there
is only one five number bet available. There are no winning outside bets for 0 or 00 results. Red or Black - you can choose to bet on
the outcome either being a red number, or a black number. Columns - at one end of the set of 38 numbers are
boxes with the words '2 to 1' written in them.
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. Making a bet is easy - you just place your chip(s) on the number(s), color, or
sets you want to bet on. 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) The house edge is the same whether you
make one bet per spin or several. 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. In other games the color of the chip
denotes the denomination, but in Roulette the color denotes only which player
the chip belongs to. 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. In this way, Roulette is more like slots - one single bet can
win a lot. 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. There have been 152 spins (coincidentally,
4 x 38), and so we expect that each number should have come up 4 times on
average. You can certainly switch to
another number if you want, but that won't improve or worsen your chances. The difference
between the true odds and what they actually pay you is 2/38, or 5.26%. If
you win the second spin, your bet is "released from prison" and you
get it back.