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At this point the dealer will say 'place your bets' and everyone at the table will start throwing chips down like crazy. Each player plays with their own color chips. All of your chips of the same color are worth the same amount. Now lets take a look at each of the individual bets you can make. 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. Fiver number bet - there is only one five number bet available. There are no winning outside bets for 0 or 00 results. There are the different types of outside bets. Low or High - this bet lets you predict whether you think the next number to come up will be part of the range from 1 to 18, or part of the range from 19 to 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. We've added blue circled letters to the diagram to point out how to make the not-so-obvious bets (the sets of 2-6 numbers) 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. When the ball is getting ready to drop, the dealer will wave his hand over the table, which means "No more bets". Then he'll scoop up all the losing bets towards the dealer area. Don't reach for your winnings until the dealer removes the marker, or the dealer will scold you. New players often have to be told this repeatedly the first time they play because they kept forgetting and because they're excited about collecting their winnings. Each player's chips are a different color. If you're asked Inside or Outside, always answer "Both", even if you only intend to bet one or the other. When you buy in, tell the dealer what denomination you want. For outside bets, any bet you make has to be the table minimum. 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) Here's another example: Since there are 38 slots on the wheel, we expect any given number to hit 1 out of 38 spins on average. The difference between the true odds and what they actually pay you is 2/38, or 5.26%. 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. You don't get paid for the win, though, but it's better than losing it outright.

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