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. 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. 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. 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. When you place an outside bet your bet must meet the table minimum. 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. 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.

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. 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. now, let's see how to play roulette. Here are the different bets you can make. Then he'll scoop up all the losing bets towards the dealer area. Each player's chips are a different color. 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. That way, you're not locked in and you always have the ability to change your mind. There's no advantage to limiting yourself to inside or outside. 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. Black and Red still have equal chances of hitting. 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. 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. On an American wheel, there are 38 spots - numbers 1-36, plus 0 and 00. Your odds of winning a one-number bet are 37 to 1 (37 ways to lose, 1 way to win)