Types of Bets in Roulette –The Best & Worst:  Know the bets and win big
Roulette, played worldwide, is amongst the most popular casino game. Its popularity lies in the fact that it is very easy to play and exciting. The result of roulette wheel in every spin is totally independent and does not depend on prior spins as it has no memory to store the previous number.

Suppose you have ten red numbers in ten consecutive spin of the roulette wheel, then the probability of getting black in the subsequent spin is similar to the probability of getting red. That is to say, the chance is 50 percent of getting the red number.

The game of Roulette is of pure chance and luck. However, it is always advisable to know the bet odds so that you can place your ones with chances of sure success.

European and American Roulette
The calculation of odds in roulette is very easy. The roulette wheel is separated into either 38 or 37 slots. The slots wholly depend on the version of the play. If you are playing European version, it will have 37 slots with a single and if you are playing American version, it will have 38 slots with an extra spacing for the double zero slot.

House edge
The house edge is represented by the zero spaces or space. House edge for European version is 2.7 percent and that for American table is 5.26 percent.
Calculation of Roulette odds
American Roulette: (35 – 37)/38x100 = -5.26 percent.
European Roulette: (35 – 36)/37x100 = -2.7 percent.

Worst bets
The bets, which are to be avoided in the game of roulette, are five number bet and all single number bets. The five number bet, the worst of all, that you should avoid are 0, 00, 1, 2, and 3 and is only found in double zero table. Thus, there is a large disparity in chances to win between actual payouts and true odds.

Best bets
If you want to play Roulette and do not want to loose miserably try to glue to the odds that is almost equivalent to the payouts. That is to say, the bets should be played in such a manner that has the best chances of success.

So, you should always go with “even money” bets that basically involves betting on Odd, Even, Low (numbers from 1 to 18), High (numbers from 19 to 36), black or red. These bets payout is almost 1 to 1. They will allow you to play for a long time keeping your bankroll intact. Through them, the chances of win become almost 45 percent.

Best of all
The best bet is even money bet. Here your bet will be imprisoned, if the ball touches zero and you have to go for the next spin. Now this time if your bet wins, you can remove them from the table. This bet lowers the house edge to 1.35 percent.

There are no tips and strategies to win in roulette but if you will follow the best and the worst bets carefully your chances of success will increase.