At this point the dealer will say 'place your bets' and everyone at the table will start throwing chips down like crazy. 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. Street bet - this is a bet not unlike a split. It allows you to bet on three different numbers with the same bet. Fiver number bet - there is only one five number bet available. The outside bets on a roulette board are simply the bets that reside 'outside' of the main playing area of 38 numbers. 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. Red or Black - you can choose to bet on the outcome either being a red number, or a black number. Columns - at one end of the set of 38 numbers are boxes with the words '2 to 1' written in them. 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)

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. 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. now, let's see how to play roulette. We've added blue circled letters to the diagram to point out how to make the not-so-obvious bets (the sets of 2-6 numbers) Here are the different bets you can make. Each player's chips are a different color. That way if two players bet on the same number (or set of numbers), then the dealer knows who to pay, and arguments can't arise over who bet what. Minimum bets work differently for inside and outside bets. 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) 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! 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. There have been 152 spins (coincidentally, 4 x 38), and so we expect that each number should have come up 4 times on average. 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 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. On even money bets when 0 comes up, instead of losing right away, your bet is "imprisoned" and rides again for the next spin.