There is no doubt that Roulette carries with it a certain amount of excitement, flair if you will. 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. It's simply a guessing game with a little white ball and a big spinning wheel. The ball spins in one direction as the wheel spins in the other, until the ball lands in one of the 38 pockets on the wheel. If your money is on the right number, set of numbers, or color, you collect. What could be easier than that? There are a dozen different bets to be made on a Roulette wheel. 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. If the ball drops into the number 23 pocket, you're paid off at 35-1. This "split" bet pays off at 17-1. You can bet on three numbers at a time, paying 11-1, four numbers (8-1), five numbers (6-1) and six numbers (5-1) 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. It indicates the lowest wager allowed on any outside bet and the lowest total bet inside. The chip minimum tells you the least amount you can bet inside on a number. Here's an example.

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.