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. All of your chips of the same color are worth the same amount. After the ball has started spinning, the dealer will wave his hands across the table and say 'no more bets'. Just sit back and let the ball fall where it may. Street bet - this is a bet not unlike a split. It allows you to bet on three different numbers with the same bet. There are no winning outside bets for 0 or 00 results. Red or Black - you can choose to bet on the outcome either being a red number, or a black number. 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. 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.

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. The house edge is the same whether you make one bet per spin or several. you will likely lose money faster the more bets you make, because you're betting more. When the ball falls into a slot, the dealer will announce the number and the color, and place a marker on the layout where the winning number is. 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. 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. " when you're buying chips, to find out whether you're making inside bets (the ones listed in purple in the table, on specific numbers) or outside bets (the ones listed in yellow, on kinds of numbers) 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. 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. It's important to understand that the outcome of the roulette wheel is truly random. 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. 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. On an American wheel, there are 38 spots - numbers 1-36, plus 0 and 00. Your odds of winning a one-number bet are 37 to 1 (37 ways to lose, 1 way to win)