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The types of bets that can be placed on the Roulette table are:
Straight Bet
This is a bet placed on any single number. Odds of 35:1 are paid on a winning bet.
Split Bet
Also known as a Two Number bet, this bet is place on any line that divides two adjacent numbers. It is a bet that either of those two numbers will come up. Odds of 17:1 are paid on a winning bet.
Street Bet
Also known as a Row bet, this bet is placed on the outside of a row of three numbers. It is a bet that one of these three numbers will come up. Odds of 11:1 are paid on a winning bet.
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Placing the Bets in Roulette!
There are many different bets that can be placed on a roulette table. At the first look the layout might seem a bit confusing but it is not very hard to understand how the betting works. Below is an image of the roulette table layout for easier understanding how and where to place your bets. The white chips demonstrate the bets that can be made.
1.) Straight Bet / The chip can be put anywhere on the layout on one of the 38 numbers. It has to be completely in the square surrounding the number you choose because if it is not the dealer could mistake it for a different bet. This bet offers the highest odds in this casino game. You get paid a 35:1 odd if the ball lands on your number.
2.) Split or Two number Bet / In a split bet you place your chip on the line between two neighboring numbers. In this case the numbers are 12 and 15. You win if the ball lands on either of those numbers. The odds on this bet are 17:1.
3.) Street or Three number Bet / This bet allows you to cover an entire row of the table. You make this bet by placing your chip on the outside line of the row you want to bet on. You win if one of those three numbers comes up. The odds here are 11:1. read more

The term "Roulette" is derived from a French word meaning small wheel. The origin of Roulette is not very clear. while some sources state that Blaise Pascal, a 17th Century French mathematician invented the roulette wheel, other sources state that the game originated in China and was brought to Europe by Dominican monks who were trading with the Chinese. During the late 18th century the Roulette wheel became very popular when Prince Charles (ruler of Monaco at the time introduced gambling to Monacco as a way of alleviating the financial problems of the region. However, the modern version of the Roulette wheel did not appear until 1842 when Frenchmen Francois and Louis Blanc invented the single "0" roulette game. The game was eventually brought to America in the early 1800s. The single "0" modification was eventually rejected in America and the two zeros "00" where returned to the Roulette wheel. The Roulette wheel gained a great deal of popularity in America during the California Gold Rush. There are two types of Roulette Games. American Roulette Wheel: The American Roulette Wheel contains 38 numbers including 0, 00 and 1 to 36. Having two zeros (0, 00) gives the house a 5.26 advantage. In other words, for every $100 a gambler bets, the house will make $5.26 in profit. read more

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