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. 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. At this point, as you intuition may have mentioned to you, you can't place any more bets. On inside bets, the total of all of your bets must add up to at least the table minimum. 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. 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. There are the different types of outside bets.

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". 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. In other games the color of the chip denotes the denomination, but in Roulette the color denotes only which player the chip belongs to. Roulette chips can in fact be any denomination - $1, $5, $25, etc. Minimum bets work differently for inside and outside bets. For outside bets, any bet you make has to be the table minimum. 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. 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! Black and Red still have equal chances of hitting. 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. 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%. European games have an option called en prison which reduces the house edge to 1.35%, but it's generally not available in the U.S., even in casinos that use the European wheel.