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. 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. When the new session starts you can put your chips down where you want to bet, and you don't really have to be in a hurry. If you have a player you likes to put down twenty different bets each time they play, the sessions are going to move a little slower. 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. 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. The outside bets on a roulette board are simply the bets that reside 'outside' of the main playing area of 38 numbers. When you place an outside bet your bet must meet the table minimum. Red or Black - you can choose to bet on the outcome either being a red number, or a black number.

you will likely lose money faster the more bets you make, because you're betting more. Each player's chips are a different color. 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. There's no advantage to limiting yourself to inside or outside. Remember that you can bet inside or outside if you like; there's no requirement to bet both on a given spin. It most other games a bet usually wins only even money, but Roulette gives you the chance to win 35 times your bet (a winning bet placed on a single number) All the bets on the layout carry the same house edge, with the exception of 5-number Line Bet (0, 00, 1, 2, 3), which carries a whopping 7.29% edge! 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. There have been 152 spins (coincidentally, 4 x 38), and so we expect that each number should have come up 4 times on average. Your odds of winning a one-number bet are 37 to 1 (37 ways to lose, 1 way to win) if you win, the casino doesn't pay you 37 to 1, they pay you less - 35 to 1. If you play Roulette, the most important thing is to find a casino that offers the European wheel (which is called "Single 0" Roulette) 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. You don't get paid for the win, though, but it's better than losing it outright. In effect, this variation has the ability to turn a loss into a tie.