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. 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. There are no winning outside bets for 0 or 00 results. When you place an outside bet your bet must meet the table minimum. This is different than inside bets, where the total of all of your inside bets must meet 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. 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.

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. you will likely lose money faster the more bets you make, because you're betting more. When the ball is getting ready to drop, the dealer will wave his hand over the table, which means "No more bets". If you're asked Inside or Outside, always answer "Both", even if you only intend to bet one or the other. That way, you're not locked in and you always have the ability to change your mind. 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. For outside bets, any bet you make has to be the table minimum. 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! 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. if you win, the casino doesn't pay you 37 to 1, they pay you less - 35 to 1. The difference between the true odds and what they actually pay you is 2/38, or 5.26%. The European wheel has a lower house edge (2.63%) because it has only 37 slots instead of 38 (no 00) The last time we checked, Single 0 Roulette was available at the Stratosphere and the Monte Carlo on the Vegas Strip. If you win the second spin, your bet is "released from prison" and you get it back.