They fall under one of two categories: "inside" bets and "outside" bets. Inside bets are made on the individual numbers, one through 36, and the zeros. Betting on a single number is called a "straight-up" wager. Not bad, huh? To bet on two numbers, place your chips on the line between the two numbers you wish to bet on, such as between 1 and 2, or 1 and the single zero, or 1 and 4. These are the bets on red-black, odd-even, and high-low. If you place your chips in the even box and the ball drops into the number 24, you win. If it drops into number 23, you lose. If you put a $5 chip in the second column and the ball drops into number 17, you win $10. You can mix, match and make as many bets as you like on a single spin. You can buy in and play with standard casino chips, but each table has its own set of special "wheel chips." Wheel chips, which come in several different colors, are used so that the dealer can distinguish among all the different players' bets on the layout. When you go to exchange your cash, or casino chips, for wheel chips, inform the dealer of the denomination (within the stated betting limits) that you want your chips to be. Say you want each chip to be worth $1. Here's an example. A $2 table minimum and 50-cent chip minimum, means that you must bet a minimum of $2 on any outside bet, but you can combine four 50-cent bets to satisfy the minimum requirements for your inside bet. On a table that's really jamming, players twist, lunge and sometimes elbow their way past other players to get their bets down before the deadline. When you're ready to cash out, don't forget to redeem your wheel chips (for real chips) right at the table. You CAN'T exchange them anywhere else in the casino, not even at the cashier's cage. Most Roulette wheels in Las Vegas have two green-colored pockets, one displaying a zero, and a second with two zeros. The zeros are called house numbers, because when the ball lands in one of them, the casino collects all bets except those placed on the zeros. The casino advantage on a double-zero Roulette wheel is 5.26%. It has a whopping casino edge of 7.89%. Some casinos provide reader boards that track the last 20 to 30 spins. Roulette is a game of independent trials, which means the ball has no memory of what has occurred in the past, and cannot become more predictable because of prior results. Since the casino edge on both the inside and outside bets is the same, it doesn't really matter which you choose to play. For excitement purposes, it's better to divide your stake into smaller units (defined by the chip minimum) and spread chips over several numbers inside. Be sure to read the placard that lists the table minimum and chip minimum, then buy your wheel chips from the dealer. You can place your bets anywhere and everywhere on the layout, even on the top of the chips of other players, up until the time the dealer says, "No more bets." Then stand back, relax, and pray that the ball drops into the pocket with your money in it. Did you hear the one about the young woman playing Roulette who asked her boyfriend which number she should play. The boyfriend said, "Bet your age." So his girlfriend placed a chip on 23. The ball landed on 29 and the woman fainted.

Roulette Tips

Before searching for the appropriate casino to play online roulette, which is an important factor before playing the game, the roulette player needs to be soundly informed about the rules of the game, and understand each and every bet or action that can potentially be made (See the 'Roulette Rules' page)  Beginning with the different types of bets one will see there is a vast assortment of payout odds and House Edge.

In order of payout odds, the roulette bets are as follows:

• The even money bets (red/black, high/low, and even/odd) payout 1:1
   

• The dozens and column bet pays out 2:1
   

• The five-number bet pays out 5:1
   

• The corner bet pays out 8:1
   

• The street bet pays out 11:1
   

• The split bet pays out 17:1
   

• The straight-up bet pays out 35:1.

For any player who is seeking to place some kind of structure on his or her bankroll, the even money bets, dozens, and column bets are the safest choices.  The even money bets produce the lowest House Edge of all the roulette wagers - in conjunction with the en prison rule the House Edge is lowered even more.  As is the case at any casino game, it is important to place the majority of one's wagers with the bets offering the lowest Casino Advantage.  This isn't to say that a player should cease from some of the more chancy wagers like the street, split or straight-up.  These are very exciting bets to make, and can and do produce some large winners at the wheel.  it is to say that these bets should not be made as often as the even money bets if the player is planning to gamble at online roulette for an indefinite length of time.  Furthermore, if one of these bets does happen to win, this might be a very good time to walk away, depending on your bankroll status. The only excuse for not playing the standard European version is ignorance, because the American version produces a higher House Edge.  European roulette does not offer the 00 on the wheel, thereby taking one more bet out of the equation, and lowering the House Edge to approximately 2.6% - the lowest edge at the table.

Tip - Place more even money bets than other wagers

The even money wagers will give the player the lowest House Edge at online roulette.   These are the Red/Black, High/Low and Even/Odd bets, which have a 50/50 chance of winning.