ROULETTE
HISTORY
In the mid 19th century the single zero game was invented in France, this
reduced the casino's edge thereby increasing the odds of the player. When
gambling was outlawed in Germany the inventor of the single zero machine
(Louis Blanc) accepted an invitation to go to Monaco to establish and
operate a casino. The casino set the standards for roulette in Europe,
and roulette remained exclusive to Monte Carlo until 1933. This led to
the gambling and resort industry in Monaco as many of Europe's rich were
attracted to the luxurious Monte Carlo casino.
The use of the double zero roulette wheels survived in the United States
and is sometimes called the “American Wheel”. The introduction
of the single zero wheel (with better odds for the player) resulted
in the demise of the double zero wheels in Europe and has become known
as the “French Wheel” in roulette history.
ROULETTE RULES
Roulette moves at a fairly slow pace, so if you don't like the hustle
and bustle of the craps table, learning how to play roulette may be a
smart decision. The value of the color of chips is defined by the dealers,
and is public knowledge to the gamers, as all of your chips will be of
the same value. Dealers place what is known as a 'lammer' on top of a
chip of that color. If you see the person beside you with red chips and
you see a lamer on a stack of red chips with $100 printed on it, you know
that stack of red chips is worth $100. Stacks of chips are usually 20
deep, so the $100 marker on the stack indicates that the chips are worth
$5 each ($5 x 20 chips = $100).
To place a bet, simply take your roulette chips and put them down where
you want to bet. Ok that sounds a little simple, but there isn't much
more to it. One thing to note, outside bets must each be at least the
table minimum, whereas inside bets only have to total the table minimum.
This means if the table minimum is $5, outside bets each have to be $5,
but on your inside bets you can make 5 $1 bets if you like. You can make
as many different bets as you want (you can even bet on red and black
at the same time, not much point, but you can), just so long as your bet
total is over the table minimum, and under the table maximum.
ROULETTE STRATEGY
You can make a straight bet where you only bet on one number and if it
comes in you’ll be paid 35-to-1. The casino advantage on this bet
is 5.26% and by the time you’re done with this roulette section
I’m sure you’ll be very familiar with that number. Another
choice you have is to do a split. This is where you put a chip on the
line that separates two numbers. If either number comes up you’ll
be paid at 17-to-1. The casino advantage on this bet is 5.26%.
If you put a chip in an area that splits 4 numbers this is called a
corner bet and if any one of those 4 numbers comes in you will be paid
off at 8-to-1. The casino advantage on this bet is 5.26%.
If you put a chip at the beginning of a row of 3 numbers, this is called
a street bet and if any one of those 3 numbers shows up you will be
paid off at 11-to-1. The casino advantage on this bet is 5.26%.
You can also put a chip on the line between two streets so that you
have a double street covered and if any one of those 6 numbers come
in you’ll be paid off at 5-to-1. The casino advantage on this
bet is?... you guessed it...5.26%.
The only other bet you can make on the inside numbers is the 5- number
bet where you place one chip in the upper left corner of the number
1 box. If any one of those 5 numbers comes in you’ll be paid off
at 6-to-1 and what do you think the casino advantage is on this bet?
Nope, I gotcha... it’s 7.89%. Actually, this is the worst possible
bet on the roulette table and the only bet you’ll come across
that doesn’t have a 5.26% house edge on the double-zero roulette
wheel. You should never make this bet.
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