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. 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. After the ball has started spinning, the dealer will wave his hands across the table and say 'no more bets'. 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. Split bet - you can place a single bet on two individual numbers if those numbers are beside each other on the table layout. 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. The outside bets on a roulette board are simply the bets that reside 'outside' of the main playing area of 38 numbers. Columns - at one end of the set of 38 numbers are boxes with the words '2 to 1' written in them.

you will likely lose money faster the more bets you make, because you're betting more. Then he'll scoop up all the losing bets towards the dealer area. Don't reach for your winnings until the dealer removes the marker, or the dealer will scold you. 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. Each player's chips are a different color. 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. 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. Roulette games have minimum bets, which will be posted on a placard at the table. Minimum bets work differently for inside and outside bets. For outside bets, any bet you make has to be the table minimum. If Black has come up for the last 10 spins in a row, the next spin is not more likely to be Red. 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. 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.