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. 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. There aren't many specific things that can be considered roulette rules at the table, but here's one you shouldn't forget. After the ball has started spinning, the dealer will wave his hands across the table and say 'no more bets'. At this point, as you intuition may have mentioned to you, you can't place any more bets. Now lets take a look at each of the individual bets you can make. When you place an outside bet your bet must meet the table minimum. There are the different types of outside bets. 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.

Roulette is the game where you guess where the little marble is going to drop on the spinning wheel. 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. For most bets it's fairly obvious - you can't miss the Red diamond for Red bets, and things like Even, 1-18, and 1st 12 are written out in plain English. 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'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. In other games the color of the chip denotes the denomination, but in Roulette the color denotes only which player the chip belongs to. Roulette chips can in fact be any denomination - $1, $5, $25, etc. If Black has come up for the last 10 spins in a row, the next spin is not more likely to be Red. Now let's say you've been playing Roulette for a few hours, betting on Red every time, and you've been keeping track of what numbers have hit. You can certainly switch to another number if you want, but that won't improve or worsen your chances. 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) if you win, the casino doesn't pay you 37 to 1, they pay you less - 35 to 1. 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.