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. 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. 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. If you have a player you likes to put down twenty different bets each time they play, the sessions are going to move a little slower. After the ball has started spinning, the dealer will wave his hands across the table and say 'no more bets'. At this point, as you intuition may have mentioned to you, you can't place any more bets. This is different than inside bets, where the total of all of your inside bets must meet the table minimum. 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)

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. 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. 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. 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. There's no advantage to limiting yourself to inside or outside. 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. For outside bets, any bet you make has to be the table minimum. Inside bets can usually be as small a you like, as long as the total of all your inside bets is the table minimum. It most other games a bet usually wins only even money, but Roulette gives you the chance to win 35 times your bet (a winning bet placed on a single number) Now let's say you've been playing Roulette for a few hours, betting on Red every time, and you've been keeping track of what numbers have hit. 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. Your odds of winning a one-number bet are 37 to 1 (37 ways to lose, 1 way to win) The difference between the true odds and what they actually pay you is 2/38, or 5.26%. If you win the second spin, your bet is "released from prison" and you get it back.