Roulette is the third biggest Casino game in the US and 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.
Straight bets yield the highest payouts because they have the worst odds of winning. A straight bet is picking up one number out of all 36 to bet. You can 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 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 for more secure bets.
Perhaps the easiest method the most rewarding (in the long run) is to simply bet on 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 in doing so you decrease your odds of winning.
The simplest method is to bet on odd or even and red or black. Combine this with the Martingale system and you will eventually 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.

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In Europe, the payoff odds are the same but the 00 is not on the wheel so the house advantage is only 2.7% (that is there are only 37 slots on the wheel) Of course, if you lose the second spin, you do lose your bet. " You may then place bets on the next spin until the Dealer announces "No more bets". One of the thing you should know is how the table minimum works. Roulette 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. Roulette has a significant house edge. - Roulette is of French origin and was first played in New Orleans. Single numbers pay the highest, while either/or bets are lowest. All roulette players place their bets. The ball stops in one of the numbered pockets of the Roulette wheel. Here's another way to look at it: Let's say you bet $10 on every number one bet on each of the 38 spots. In American roulette the addition of the 00 section greatly increases the odds in favor of the house. If you play Roulette, the most important thing is to find a casino that offers the European wheel (which is called "Single 0" Roulette) Once the bets have been placed on the table, the wheel starts spinning and a small ball is released on to the wheel in the opposite direction of the spinning wheel. Roulette is a fast moving, simple and exciting game offering many different types of bets and payoffs. A huge attraction at casinos across the country, the classic roulette wheel remains one of the most exciting casino games available. The roulette wheel consists of slots or �pockets� numbered from 1 to 36, which are either red or black. You can do this same calculation for the other bets, and it comes out the same. When the ball on the wheel comes to rest position after spinning the wheel the number and colour are read. Roulette uses a special wheel, a betting layout, and chips. The outcome of a game of Roulette is determined by where the ball stops on the Roulette wheel. The dealer spins a small ball in the opposite direction of the spinning roulette wheel. The standard American casino roulette wheel contains two green slots: 0 and 00 (many European wheels eliminate the 00, which creates more favorable odds for players) Outside bets in Atlantic City carry only a 2.6% house edge. if you win, the casino doesn't pay you 37 to 1, they pay you less 35 to 1. 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. Four number bets, made at crosses (touching the grid on four locations), are worth 8:1. And it's so easy to play! Roulette is played on a table featuring a betting area and the roulette wheel. Roulette is a unique table game as it has a mechanical device as the main element of the game. In a casino, the person who spins the wheel is called a �croupier. Before you can place your bet on a roulette table you first have to get special roulette chips from the dealer at the table. In roulette you can place bets until the ball leaves the track and falls onto the spun wheel. �You usually find most tables in Las Vegas with a minimum bet of $1 - $3. Most casinos have 00 on their roulette wheels to increase the odds to their advantage (American Roulette) The dealer spins the roulette wheel in one direction and the small ball in the opposite one. There are two types of Bets in Roulette.