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. 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. 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. There are the different types of outside bets. 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. 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)

The house edge is the same whether you make one bet per spin or several. In most games players can continue making bets even while the ball is still spinning. Each player's chips are a different color. Sometimes the dealer will ask you "Inside or Outside? " 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 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. 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. 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. 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. On an American wheel, there are 38 spots - numbers 1-36, plus 0 and 00. 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.