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. 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. 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. 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. Fiver number bet - there is only one five number bet available. There are no winning outside bets for 0 or 00 results. 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 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. The house edge is the same whether you make one bet per spin or several. you will likely lose money faster the more bets you make, because you're betting more. When the ball falls into a slot, the dealer will announce the number and the color, and place a marker on the layout where the winning number is. Then he'll scoop up all the losing bets towards the dealer area. Each player's chips are a different color. " when you're buying chips, to find out whether you're making inside bets (the ones listed in purple in the table, on specific numbers) or outside bets (the ones listed in yellow, on kinds of numbers) 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. If you're asked Inside or Outside, always answer "Both", even if you only intend to bet one or the other. There's no advantage to limiting yourself to inside or outside. When you buy in, tell the dealer what denomination you want. 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! 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. 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) European games have an option called en prison which reduces the house edge to 1.35%, but it's generally not available in the U.S., even in casinos that use the European wheel.