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 on American roulette tables.
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.
Straight bets yield the highest payouts because they have the worst odds of winning. A straight bet is choosing one number to bet. 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. Choose this bet 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 also use corner bets (where all four corners of each number meet) - yielding an 8 to 1 payout. You can use different combinations for more secure bets.
Perhaps the easiest method the most rewarding (in the long run) is to bet on red or black. However this gives a low payout, which is even to how much you wagered. For instance 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 it lands on though.
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 at once - but in doing so you decrease your odds of winning, and you can quickly burn through your whole bank balance.
The simplest method as outlined above 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 (only found on double zero wheels) because these types of bets have the largest disparity between true odds and actual payouts.

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Four number bets, made at crosses (touching the grid on four locations), are worth 8:1. The ball stops in one of the numbered pockets of the Roulette wheel. Roulette was developed around the turn of the century and is one of the most popular gambling games in the world. The Roulette wheel that is mounted horizontally on the end of the table. The United States adopted their own version of roulette, but the French version is still played time to time in Las Vegas. " You may then place bets on the next spin until the Dealer announces "No more bets". ) Atlantic City has a special rule which reduces the house edge to 2.7% on even money bets (Red/Black, Odd/Even, 1-18/19-36): If 0 or 00 comes up on on even money bet, you lose only half your bet. if you win, the casino doesn't pay you 37 to 1, they pay you less 35 to 1. In American roulette the addition of the 00 section greatly increases the odds in favor of the house. Bets can be placed again for the next spin. Roulette is played on a table featuring a betting area and the roulette wheel. When the ball on the wheel comes to rest position after spinning the wheel the number and colour are read. The odds on roulette are at least five times worse than baccarat, blackjack, or craps, but it's played much slower so your expected loss is about the same. 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. The American version of roulette has a single zero and a double zero versus the French version with just a single zero. The zero and double zero numbers are in green and on opposite sides of the wheel, the colors and odd/even numbers alternate, and the numbers themselves are randomly distributed. Even if you play it safe and bet red/black or even/odd, casino roulette is a lot of fun. If you play Roulette, the most important thing is to find a casino that offers the European wheel (which is called "Single 0" Roulette) The last time we checked, Single 0 Roulette was available at the Stratosphere and the Monte Carlo on the Vegas Strip. It is played in virtually every gambling house in North and South America and in Europe, where it is even more popular. - Next to Blackjack, Roulette is one of the most popular games played in modern Casinos. You can place bets until the ball leaves the track and falls onto the spun wheel. The main goal of the Roulette is to bet on the slot where the roulette ball falls. After all payoffs have been made, the Dealer will announce "Place your bets. If you play black-red, odd/even or high-low, you must place the table minimum for each & every bet. In effect, this variation has the ability to turn a loss into a tie. Roulette is a banking game: all bets are placed against the house. Players are allowed to continue placng their bets during the spin until the dealer says "No more bets". - Roulette is one of the oldest and most popular games played in modern casinos. - There are 2 types of roulette, American and French (a. Also, understand that your odds are the same on every spin. Every roulette player has different colored chips for easier identifying. If you are playing at a table with a 5 dollar minimum, you are required to place 5 dollars on each of your outside bets, and-or a total of at least 5 dollars on your inside bets (inside & outside bets are explained in a second) Once the ball has found its slot, the dealer will call out the winning number and place a marker on that number's spot on the layout. - Roulette is of French origin and was first played in New Orleans. Roulette is a glamorous and exciting game that's easy to play. The zero and double zero numbers are in green and on opposite sides of the wheel, the colors and odd/even numbers alternate, and the numbers themselves are randomly distributed. American wheels have two green sections marked 00.