The European wheel has thirty-seven slots that are numbered zero to thirty-six making the house edge 2.63%. The American wheel has thirty-eight slots because it features a double zero slot which ups the house edge to 5.26%. Not a great game for the player, but here are the bets and the odds.

When you buy into a roulette table you have to get special roulette chips. Each player at the table receives a different color so there are no arguments about who placed which chip where. It also allows players to bet on the same numbers because everyone has his or her own color. These chips are only good at the table you buy them. When you’re done playing you have to cash them out at the table and be given regular casino chips.

Each table has a minimum and maximum bet, and you can’t combine the two to make the table minimum. If the table is a $5.00 minimum, you must place five dollars on the inside and the outside for a $10.00 total.

Inside Bets:

1.) Straight up - wager on a single number (pays 35 to 1)

2.) Split bet- wager on two numbers (pays 17 to 1)

3.) Street bet - wager on all the numbers in a straight row (pays 11 to 1)

4.) Quad bet - wager on four numbers in a square (pays 8 to 1)

5.) Basket bet - wager on 00, 0, 1, 2, 3 (pays 6 to 1 and the worse bet)

6.) Double Street bet - is a wager on six numbers (pays 5 to 1)

Outside Bets:

1.) Red, Black, Odd, Even - wager is placed on corresponding spot on the table (pays even odds)

2.) Dozens bet - a wager placed on twelve consecutive numbers 1-12, 13-24, or 25-36 (pays 2 to 1 but if zero or double zero comes up — you lose)

3.) Column bets - also a 12 number bet, but in vertical columns not consecutively (pays 2 to 1)