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. 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 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. 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. 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. 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%. 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.

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.