The invention of the game that we're familiar with today is generally attributed to the French philosopher and mathematician, Blaise Pascal, who is credited with originating the probability theory. But forerunners of Roulette, basically carnival wheel games, were in use throughout Europe, as early as the mid-1500s. 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. 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. If it drops into number 23, you lose. Simple as that. These bets pay even money. You can bet on 12 numbers each in the "column" boxes at the far end of the layout. 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. Read a book, ask a dealer, study the layout, or just watch for a while and you'll quickly know how to make every bet that's offered. The chip system for Roulette is a little different from the other table games. The player next to you might be betting with brown chips worth $5 each, and the player next to him might be using white wheel chips worth $25 apiece. Wheel chips allow for a practice that's unique to Roulette: the co-mingling of different players' bets. If you've got one of those feelings that the next number will be 15 and somebody's already on that number, just pile your wheel chips right on top. Before sitting down to play, take particular note of the table-minimum betting rules. 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. 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. 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%.

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.