This image was created by that "Mother of all super spies," James Bond, who, with a beautiful woman nearby, preferred to play this fast-paced game, when not beating the bad guys at Baccarat. Although a game favored by Europeans, Roulette has managed to gather a strong following in North America, most likely for its simplicity and the chance to win big money. Roulette means "little wheel" in French. In fact, the earliest gambling action in Monaco consisted of two gaming wheels in a barn. Roulette is a very easy game to learn. 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. Say you bet on number 23. 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. These bets pay even money. You can bet on 12 numbers each in the "column" boxes at the far end of the layout. The first 12, second 12 and third 12 all pay 2-1. If you give the dealer a $20 bill, he'll give you back 20 wheel chips worth $1 each. In other words, you can bet 50 cents on four different numbers. You are allowed to place bets even while the wheel is spinning, up until the point when the dealer announces, "No more bets." This is the fun part. 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. On occasion, you'll encounter Roulette wheels that have only one zero. The house edge on a single-zero wheel is only 2.7%. The double-zero game has one bet that you should always avoid: the five-number bet on 0, 00, 1, 2, 3. While interesting to observe and look for patterns, they don't provide much information of practical use.

Roulette Tips

Keep in mind that all the bets on the roulette table naturally return a 5.25% Casino Advantage (except the five-number bet), although there are some situations when this advantage can be lowered to 2.6% and 1.3%.  With this in mind, here are the best non-system related tips that will help a player hold out at the roulette table:

Tip - Play the European version of Roulette

Most online casinos will offer both the American and European versions of roulette. 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.