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. At this point the dealer will say 'place your bets' and everyone at the table will start throwing chips down like crazy. All of your chips of the same color are worth the same amount. At this point, as you intuition may have mentioned to you, you can't place any more bets. Just sit back and let the ball fall where it may. The inside bets are made up of specific numbers or combinations of numbers within the number layout, or along the border of it. The outside bets on a roulette board are simply the bets that reside 'outside' of the main playing area of 38 numbers. When you place an outside bet your bet must meet the table minimum. Columns - at one end of the set of 38 numbers are boxes with the words '2 to 1' written in them.

Roulette is the game where you guess where the little marble is going to drop on the spinning wheel. 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. 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. you will likely lose money faster the more bets you make, because you're betting more. In most games players can continue making bets even while the ball is still spinning. Then he'll scoop up all the losing bets towards the dealer area. 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. That way, you're not locked in and you always have the ability to change your mind. There's no advantage to limiting yourself to inside or outside. Roulette games have minimum bets, which will be posted on a placard at the table. It's important to understand that the outcome of the roulette wheel is truly random. 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. The last time we checked, Single 0 Roulette was available at the Stratosphere and the Monte Carlo on the Vegas Strip. Atlantic City has a special rule which reduces the house edge to 2.7% on even money bets (Red/Black, Odd/Even, 1-18/19-36): If 0 or 00 comes up on on even money bet, you lose only half your bet. On even money bets when 0 comes up, instead of losing right away, your bet is "imprisoned" and rides again for the next spin.