Roulette is the third biggest Casino game in the world because of its relative simplicity. There are two versions of Roulette: the European and the American Roulette. Let's focus on the American version. The American double zero increases the house edge.
Roulette payouts are not pot luck or simple jackpot wins, they vary depending on what was wagered in the first place and where the chip is placed on the mat.
Straight bets yield the highest payouts. A straight bet is picking up one number out of all 36 to win. You can also choose zero or double zero. The payout is 35 to 1, meaning if you wagered you would get a nice 0 back. It's so high because you obviously have a one in 38 chance of winning. You can choose this bet on its own if you have cash to burn.
You can increase your chances but get a high payout (at least where roulette payouts are concerned) by splitting your bet. This means that you put your chip between two numbers on the board. If it lands on either of these numbers you get a 17 to 1 payout. You can take this option even further by using corner bets (where all four corners of each number meet) - yielding an 8 to 1 payout. You can use different combinations.
Perhaps the easiest method and at times the most rewarding (in the long run) is to bet on a color red or black. However this gives a low payout, which is even to how much you wagered. Say if you bet and win, you get your back with an extra .
Identical to this is the odd and even bet. Simply bet on whether the ball will land on an odd or even number. You don't have to decide the exact number.
High bets are between 1 and 18, and low bets are between 19 and 36. Like the above two a winning bet would simply grant a payout of 1 to 1.
Of course these payouts can alter as you use different combinations - but then you decrease your odds of winning at all, and you can quickly burn through your whole bank balance.
The simplest method is to bet on odd or even and red or black. Combine this with the Martingale system and you will always be in the positive. It just depends on how big your bank balance is and if it can take a huge losing streak, or adhere to the maximum bet limit whilst taking a loss.
So the bets to avoid are probably all single number bets and the five number bet because these types of bets have the largest disparity between true odds and actual payouts.

European Roulette Casino Game

- Roulette is a glamorous and exciting game that's easy to play. You can do this same calculation for the other bets, and it comes out the same. The winning number is marked by the Dealer. In American roulette the addition of the 00 section greatly increases the odds in favor of the house. For the most part, it doesn't matter what bet you pick: Except for one obscure bet, all bets carry the same odds. - Roulette is a game of chance and consists of a Roulette wheel and table. The wheel has numbered pockets ranging from 0 to 36 - and 00 in American Style Roulette. By the way, I want to take a moment to point out that this tidbit above about even money bets in Atlantic City is just one of the many fabulous bonuses you learn about for free on this site, which you might not find out about from books that actually cost money. When all bets are placed, the croupier spins the wheel and a ball bounces from slot to slot until finally coming to rest in one of them. The main goal of the Roulette is to bet on the slot where the roulette ball falls. Roulette players often choose the bets they like to make and stick with them for a series of spins. On even money bets when 0 comes up, instead of losing right away, your bet is "imprisoned" and rides again for the next spin. Playing roulette you should give some indication to the dealer as to what value of chip denomination you prefer to be provided with. You can place bets until the ball leaves the track and falls onto the spun wheel. Casino players can bet on one, two, three, four or six numbers; or they can choose to bet red or black; high or low; odd or even. The payoff odds for all bets are less than the odds of winning. Every player has different colored chips for easier identifying. Once the bets have been placed on the table, the wheel is set to start spinning and a small - usually metal or ivory - ball is spun onto the wheel in the opposite direction to that of the spinning wheel. Roulette is a game of pure chance and each single spin is unrelated to any previous spins. Roulette is a banking game: all bets are placed against the house. - There are 2 types of roulette, American and French (a. Before you get confused, standard American roulette rules have the table use different chips than other table games at the same casino. The marked area is called the game layout, and you may place bets on any particular number, any 4 adjacent numbers, a column or a dozens bet. American and European roulettes have a wheel that is divided into numerous slots. These are referred to as INSIDE or OUTSIDE bets. The wheel consists 38 compartments with numbers from 1 to 36, which are colored black and red, and two green compartments with 0 and 00. Roulette is a game of chance, and there is no way of cheating at roulette to increase the odds in your favour. An American roulette wheel has an extra slot; 00. The Roulette wheel that is mounted horizontally on the end of the table. In American roulette the addition of the 00 section greatly increases the odds in favor of the house. The winning roulette number is marked by the Dealer. If you’re feeling lucky, you can pack in plenty of casino play at a roulette wheel in a short time. Roulette is played on a table featuring a betting area and the roulette wheel. Each Player has a different colored set of non-value Roulette chips, determined by his/her purchase. When you finish beating the house at roulette, you will have to ask the dealer to "color out" for you  The dealer will take your chips and give you casino checks which you may then use on other games or cash out at the cashier. In Roulette the bets are placed on an area of the table marked with separate boxes, with each box containing individual numbers. The bank pays or collects from each bettor. In a casino, the person who spins the wheel is called a croupier.