First, buy Roulette chips from the Dealer. Even if you have leftover chips from Pai Gow or Blackjack, you'll need Roulette chips. With several Players throwing chips around, you want to make sure that the Dealer identifies you with a specific color chip. He also will make sure that your chip is worth the amount you paid for them. Once you're done playing at that table, make sure you cash your roulette chips in at the same table. If you walk away, no one will know the true value of your chips.
Now that you've bought your Roulette chips, place them down where you think the ball will land. You can place an inside bet or an outside bet.
Inside Bets
One number - Chip is placed on one specific number.
Two numbers - Chip is placed on a line between two numbers.
Three numbers - Chip is placed on the outside line of the row of three numbers.
Four numbers - Chip is placed on the corner connecting four numbers.
Five numbers - Chip is placed on the line connecting the 0, 00, 1, 2, 3. This is the only five-number bet on the roulette table.
Six numbers - Chip is placed on the outside line of two rows of three numbers.
Outside Bets
Dozens - Chip is placed on the box marked 1st 12, 2nd 12 or 3rd 12. The winning number must hit within the dozen range of your bet. 0 and 00 would be losing numbers.
Columns - Chip is placed at the bottom of the long column of numbers. The winning number must hit within the column of your bet. 0 and 00 would be losing numbers.
Red or Black - Chip is placed on the box marked Red or Black, referring to the background of the winning number. 0 and 00 would be losing numbers.
Odd or Even - Chip is placed on the box marked Odd or Even, referring to the winning number. 0 and 00 would be losing numbers. 1-18 or 19-36 - Chip is placed on the box marked 1-18 or 19-36. The winning number must hit within the range of your bet. 0 and 00 would be losing numbers.
Roulette Payoffs
Wager - Payoff
One number - 35:1
Two numbers - 17:1
Three numbers - 11:1
Four numbers - 8:1
Five numbers - 6:1
Six numbers - 5:1
Dozens - 2:1
Columns - 2:1
Red or Black - 1:1
Odd or Even - 1:1
1-18 or 19-36 - 1:1