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. Most roulette sessions move at a fairly slow pace, to accommodate the number of people betting, and the variety on which they can bet. There aren't many specific things that can be considered roulette rules at the table, but here's one you shouldn't forget. Now lets take a look at each of the individual bets you can make. Street bet - this is a bet not unlike a split. It allows you to bet on three different numbers with the same bet. 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. Red or Black - you can choose to bet on the outcome either being a red number, or a black number. 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. Making a bet is easy - you just place your chip(s) on the number(s), color, or sets you want to bet on. 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. Here are the different bets you can make. 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. The house edge is the same whether you make one bet per spin or several. " 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) In other games the color of the chip denotes the denomination, but in Roulette the color denotes only which player the chip belongs to. If Black has come up for the last 10 spins in a row, the next spin is not more likely to be Red. 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. There have been 152 spins (coincidentally, 4 x 38), and so we expect that each number should have come up 4 times on average. The wheel has no memory. The European wheel has a lower house edge (2.63%) because it has only 37 slots instead of 38 (no 00) 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. 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. On even money bets when 0 comes up, instead of losing right away, your bet is "imprisoned" and rides again for the next spin.