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. 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. 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) The first 12, second 12 and third 12 all pay 2-1. 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. 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 give the dealer a $20 bill, he'll give you back 20 wheel chips worth $1 each. 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. 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. It has a whopping casino edge of 7.89%. Some casinos provide reader boards that track the last 20 to 30 spins. 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

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.