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. If the ball drops into the number 23 pocket, you're paid off at 35-1. 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. 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. If you give the dealer a $20 bill, he'll give you back 20 wheel chips worth $1 each. 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. 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. 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. 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. It has a whopping casino edge of 7.89%. Some casinos provide reader boards that track the last 20 to 30 spins.

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.