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. 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. 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. Corner bet - lets you bet on four adjoining numbers. Placing your chips at the point where four numbers meet will indicate you want a corner bet. There are no winning outside bets for 0 or 00 results. 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. Dozens - a bet very similar to the columns bet, dozens lets you place a bet on either the first dozen numbers (1-12), the second dozen (13-24), or the third dozen (25-36)

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. 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. When the ball is getting ready to drop, the dealer will wave his hand over the table, which means "No more bets". 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. 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. Sometimes the dealer will ask you "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. 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) 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! It's important to understand that the outcome of the roulette wheel is truly random. There's an old saying, "The wheel has no memory. " That means it doesn't know what it spun before, and even if it did, the wheel can't select what number comes up out of its own volition. 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. if you win, the casino doesn't pay you 37 to 1, they pay you less - 35 to 1. 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.