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. 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. All of your chips of the same color are worth the same amount. 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. 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. This is different than inside bets, where the total of all of your inside bets must meet the table minimum. There are the different types of outside bets. 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.

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. Here are the different bets you can make. The house edge is the same whether you make one bet per spin or several. When the ball is getting ready to drop, the dealer will wave his hand over the table, which means "No more bets". Sometimes the dealer will ask you "Inside or Outside? 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. In other games the color of the chip denotes the denomination, but in Roulette the color denotes only which player the chip belongs to. When you buy in, tell the dealer what denomination you want. Minimum bets work differently for inside and outside bets. There's an old saying, "The wheel has no memory. " That means it doesn't know what it spun before, and even if it did, the wheel can't select what number comes up out of its own volition. 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 chances of #27 coming up on a given spin are the same, whether it just come up on the last spin or not - 1 in 38. 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 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) You don't get paid for the win, though, but it's better than losing it outright.