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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. You trade in your checks (which most people think of as regular casino chips, but they're actually called checks) for roulette chips when a new session starts, and the dealer assigns you a number and denomination. Most roulette sessions move at a fairly slow pace, to accommodate the number of people betting, and the variety on which they can bet. After the ball has started spinning, the dealer will wave his hands across the table and say 'no more bets'. Corner bet - lets you bet on four adjoining numbers. Placing your chips at the point where four numbers meet will indicate you want a corner bet. There are the different types of outside bets. Red or Black - you can choose to bet on the outcome either being a red number, or a black number. 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. Columns - at one end of the set of 38 numbers are boxes with the words '2 to 1' written in them. Dozens - a bet very similar to the columns bet, dozens lets you place a bet on either the first dozen numbers (1-12), the second dozen (13-24), or the third dozen (25-36)

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. Here are the different bets you can make. You don't have to make just one kind of bet for each spin, you can make several, and you win if the ball lands on any of your numbers. The house edge is the same whether you make one bet per spin or several. 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. Sometimes the dealer will ask you "Inside or Outside? There's no advantage to limiting yourself to inside or outside. 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. It's important to understand that the outcome of the roulette wheel is truly random. You can certainly switch to another number if you want, but that won't improve or worsen your chances. It's more important to know what the house edge is, than how to calculate it, but here's a quick analysis in case you're interested. The last time we checked, Single 0 Roulette was available at the Stratosphere and the Monte Carlo on the Vegas Strip. 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. In effect, this variation has the ability to turn a loss into a tie.

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