AI Summary
Alex Kim, executive director of CEG Dealer School, explains the bets of roulette, covering outside bets (even money), inside bets (higher payouts), table minimums and maximums, chip denominations, and gameplay demonstration. He concludes that there is no strategy to roulette—it's purely luck.
Full Transcript
[00:00] YouTube what's going on Alex Kim executive director of ceg dealer School roulette today yeah now it's time to learn to bets of roulette so these two lines right here this line right here as well this line
[00:14] and this line these are called the outside the numbers are considered the inside everything you see in front of you in this front line pays even money you're betting that the ball will land on a black number next
[00:29] next here even number so two four six eight ten odd number one three five seven nine if you're betting here you're betting
[00:42] 11 14 18. if you're betting here you're betting that the ball will land on any number between 1936 next so 21 26 29. these two lines pay two to one these are
[00:57] called dozens and these are called columns if you're the first 12. it could be 6 8 or 11 pays two to one if you're betting here you're
[01:09] ball will end in the third 12. you're betting here these are called columns you're betting that they'll be at anywhere in this column from 3 to 36 not counting the zeros here 2 to 35 here 34 to 1.
[01:28] now the one thing about the bets on the outside you can bet here here here here let's say the ball spins the ball lands on either zero or double zero this is where the house gets their Edge back everything on the outside loses
[01:43] a lot of gamblers think that oh red and black 50 50 will technically no because you can lose on black and zero double zero a couple things you should know a
[01:56] lot of tourists they get confused and they'll bet between two different numbers on the outside that is actually considered no bed different no beds each spot has to be an individual bet
[02:09] and we'll explain the minims in a second but you cannot bet like second 12 in red cannot bet read and even you can only place one bet on the outside per bit actually hits let's say about on five five actually hits the name of the bet
[02:23] is called straight up pays 35 to 1. called a split split split split split split
[02:40] either seven or eight pays Seventeen to one the next one is called a corner corner is four numbers you can bet four five
[02:54] any four numbers pays eight to one
[03:07] next one is called a street kind of like driving down the street three numbers it can be on four five or six pays eleven two one [Music]
[03:22] if you want to bet the double Street any of those right there you can bet on seven eight nine ten eleven or twelve pays five to one
[03:37] and the last bit of its kind is called a Top Line a double street is also known as a line bet that's why this is called a Top Line it's the only bed of its kind if you bet zero double zero one two three pays six to one
[03:54] of the most common bets right here so this is Top Line once again that pays six to one this is actually a split two numbers pay 17 to one right here we call this a trio it is three numbers this is called a street but up here this is
[04:09] called a trio pays eleven two one right here is a split see between double zero and two Seventeen to one this is actually called the basket so if you trio it pays eleven two one this is a split
[04:25] single zero and two Seventeen to one right here Trio zero two and three pays eleven two one and this is a split zero and three pay Seventeen to one and once again zero double zero pays Seventeen to one for players on this side of the
[04:38] over and putting a dollar right there what I can do is actually put a dollar betting between two outside bets this is called a courtesy bet some casinos
[04:51] that so if you bet right here you're actually betting on zero double zero split which pays Seventeen to one now that you'll learn the bets now it's time to learn the table minimums and maximums so on this sign right here that we have
[05:05] here at the school each minimum bet on the inside and outside's ten dollars so what that means is that on the outside each spot is a ten dollar bet on the outside you cannot split it cannot go five and five or six and four each spot
[05:17] is a ten dollar minimum on the outside if you're betting the inside it's an aggregate total minimum of ten dollars you can spread it out and Vary it you can even put ten dollars on one number or split it but it has to be total 10
[05:29] minimum on the inside another thing that you notice on this sign too it says minimum chip value One Dollar so for example if I'm Alex The Gambler which I least one dollar minimum on the sign for the maximums if you see right here what
[05:45] that means that if it says five thousand dollar even money on that front line to five thousand dollars on this sign right here where it says 2500 for two to
[05:57] one the Dozen in columns you can bet a maximum of twenty five hundred dollars per bet and last when it says on the inside 200 anyway inside you can bet any number two hundred dollars on the inside now that
[06:11] you're going to notice at a roulette table they will actually not give you checks they're going to give you non-denominational chips and the reason why is because let's say for example I'm playing at the Aria I'm betting 15 or
[06:24] two another player comes up and Bets 15.8 you don't know which player is playing what so what happens in the casino is that different players get a one player could pay pink and one player can play gray now we know who plays what
[06:40] and who we pay now here's the best part now it's time for me to demonstrate how the game works so we're gonna have a player buying for 100 ah hello sir how the dealer is going to change the money
[06:55] change 100 there you go good luck sir now here's the best part we're player's gonna put down some various
[07:09] bets he's going to spread it out a little bit of everything the table dealer will spin the ball
[07:26] all right any more bets okay no more bets
[07:48] four black even oh perfect example of roulette [Laughter] place your bets gentlemen's putting bets out there in order to be a spinner
[08:02] gonna the Dealer's gonna check to make sure there's enough money out there okay the Dealer's gonna spin the ball now what will happen is the player will the end maybe at least three rotations before the dealer is going to wave off
[08:19] no more bets so it's like okay no more Bets did they will stand back they're gonna wait for the ball to drop no more bets are allowed and let's see what it lands on
[08:33] perfect timing 17. black on now what happens is the dealer is going to take all the losing bets on that they're going to pick around the number and they're gonna sweep on the
[08:47] inside take all the losers pay all the winners even money
[08:59] and on the inside they will get paid so we have four straight up 140 plus four splits 68 that is 208.
[09:14] dealer is going to check to make sure the stacks are correct eight on top one black 208 pink one black going out Timmy the floor supervisor says okay go ahead we're gonna push that over to you
[09:28] very nice sir and then place your bets players cannot pick up any bets on the then they can pick up their money so the last part about this game is a
[09:40] strategy I'm sure you guys have waited all the way to the end of this video to wonder what the strategy is you ready yeah there is no strategy to this game wheel or Timmy can show a picture of the roulette wheel the way it's positioned
[09:56] it's even odd red and black there's there's nothing to this there's no there's no under the wheel spinning it there's no Little Wheel or button or pedal for me to press on to push it around there's nothing like that
[10:08] no strategy all you got to do is just put money on the number and hoping it wins thanks for watching guys like comment subscribe ring the bell any additional videos that you guys are interested please let us know more
[10:22] [Music]