American Wheel – a roulette wheel with 38 numbers total. Compared to a European wheel which only has 37 numbers, the american wheel has the 00, which allows for the 5 number bets.
Ball – the small white ball that is spun in the roulette wheel. Fortunes are made and lost when this ball settles into one of the roulette slots.
Column Bet – when you bet on a vertical column of 12 possible numbers at a time. The payout for this type of bet is 2 to 1.
Combination Bet – when you bet on more than one possible outcome at a time .
Corner Bet – when you bet on one of four possible numbers landing at one time. The payoff is 8 to 1.
Dozen Bet – similar to the column bet, in that you are wagering on one of three different possible groups of numbers hitting; 1-12, 13-24, or 25 to 36.
European Wheel – Similar to the American wheel, except there is no 00. This means that the odds of winning are slightly increased.
Even – Odd Bet – when you bet on either odd or even showing up on the wheel. The payoff for this type of bet is 1 to 1.
High – Low Bet – when you bet on either a high number (19-36) or low number (1-18) showing up on the wheel. Similar to an even / odd bet, it pays 1 to 1.
Inside Bet – any bet placed on the number grid part of the table.
Outside Bet – any bet other than a number bid. These would include red, black, odd, even, etc.
Red-Black Bet – when you bet on either a red colored or black colored number showing up on the wheel. Pays 1 to 1.
Split Bet – A combination bet, where you bet on two possible numbers landing.
Straight Up Bet – betting on one possible number showing up on the wheel. Pays 35 to 1.
Trio Bet – A combination bet, where you bet on one of three possible numbers landing.
Zero, Double Zero – Green in color, at opposite sides of the wheel. The Double Zero only exists on an American wheel.n