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. Each player plays with their own color chips. 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. 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. Street bet - this is a bet not unlike a split. It allows you to bet on three different numbers with the same bet. There are the different types of outside bets. Low or High - this bet lets you predict whether you think the next number to come up will be part of the range from 1 to 18, or part of the range from 19 to 36. 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)

In most games players can continue making bets even while the ball is still spinning. When the ball is getting ready to drop, the dealer will wave his hand over the table, which means "No more bets". 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) In other games the color of the chip denotes the denomination, but in Roulette the color denotes only which player the chip belongs to. Remember that you can bet inside or outside if you like; there's no requirement to bet both on a given spin. In this way, Roulette is more like slots - one single bet can win a lot. 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. 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. You can certainly switch to another number if you want, but that won't improve or worsen your chances. 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 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. On even money bets when 0 comes up, instead of losing right away, your bet is "imprisoned" and rides again for the next spin. You don't get paid for the win, though, but it's better than losing it outright.