All of your chips of the same color are worth the same amount. 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'. Now lets take a look at each of the individual bets you can make. 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. The outside bets on a roulette board are simply the bets that reside 'outside' of the main playing area of 38 numbers. 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. 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)

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. 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. 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. Roulette chips can in fact be any denomination - $1, $5, $25, etc. When you buy in, tell the dealer what denomination you want. Roulette games have minimum bets, which will be posted on a placard at the table. Remember that you can bet inside or outside if you like; there's no requirement to bet both on a given spin. 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. On an American wheel, there are 38 spots - numbers 1-36, plus 0 and 00. if you win, the casino doesn't pay you 37 to 1, they pay you less - 35 to 1. The European wheel has a lower house edge (2.63%) because it has only 37 slots instead of 38 (no 00) If you play Roulette, the most important thing is to find a casino that offers the European wheel (which is called "Single 0" Roulette) The last time we checked, Single 0 Roulette was available at the Stratosphere and the Monte Carlo on the Vegas Strip. You don't get paid for the win, though, but it's better than losing it outright.