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. 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. 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. Most roulette sessions move at a fairly slow pace, to accommodate the number of people betting, and the variety on which they can bet. 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. On inside bets, the total of all of your bets must add up to at least 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. Columns - at one end of the set of 38 numbers are boxes with the words '2 to 1' written in them.

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. In most games players can continue making bets even while the ball is still spinning. There's no advantage to limiting yourself to inside or outside. Inside bets can usually be as small a you like, as long as the total of all your inside bets is the table minimum. 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. 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! Black and Red still have equal chances of hitting. There's an old saying, "The wheel has no memory. 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. The wheel has no memory. You can certainly switch to another number if you want, but that won't improve or worsen your chances. The chances of #27 coming up on a given spin are the same, whether it just come up on the last spin or not - 1 in 38. 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. The difference between the true odds and what they actually pay you is 2/38, or 5.26%. 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. In effect, this variation has the ability to turn a loss into a tie.