What could be easier than that? There are a dozen different bets to be made on a Roulette wheel. If the ball drops into the number 23 pocket, you're paid off at 35-1. 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. Those are all the inside bets. Outside bets are the wagers made on the outside of the layout. 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. 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. 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. There will be a table minimum and a chip minimum. The table minimum applies to all bets on the table. 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. 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. 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.

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.