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. 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) 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. 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. The inside bets are made up of specific numbers or combinations of numbers within the number layout, or along the border of it. On inside bets, the total of all of your bets must add up to at least the table minimum. Straight-up bet - this is the classic roulette bet. Choose any one of the 38 numbers and put your chips down on that number for the chance to win back at 35 to 1. Street bet - this is a bet not unlike a split. It allows you to bet on three different numbers with the same bet. The outside bets on a roulette board are simply the bets that reside 'outside' of the main playing area of 38 numbers. This is different than inside bets, where the total of all of your inside bets must meet the table minimum.

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. Here are the different bets you can make. you will likely lose money faster the more bets you make, because you're betting more. There's no advantage to limiting yourself to inside or outside. Roulette chips can in fact be any denomination - $1, $5, $25, etc. Inside bets can usually be as small a you like, as long as the total of all your inside bets is the table minimum. 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! 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. 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. Your odds of winning a one-number bet are 37 to 1 (37 ways to lose, 1 way to win) If you play Roulette, the most important thing is to find a casino that offers the European wheel (which is called "Single 0" Roulette) The last time we checked, Single 0 Roulette was available at the Stratosphere and the Monte Carlo on the Vegas Strip. 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. On even money bets when 0 comes up, instead of losing right away, your bet is "imprisoned" and rides again for the next spin. If you win the second spin, your bet is "released from prison" and you get it back. You don't get paid for the win, though, but it's better than losing it outright.