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.  So you've just thrown down $380 in bets.  Only one of those numbers will win, and will pay 35 to 1, so you'll get back $360 (the $350 you won plus your original $10 bet on that number).  You bet a total of $380 but you walked away with only $360, so you lost $20.  That $20 you lost represents the house edge of 5.26% ($20 lost divided by the $380 that you bet; $20 ÷ $380 = 5.26%).

Before the game starts, players are instructed to place their bets. This is the time that you get to choose what you would like to wager on for the next spin. We will go over the different bet types and options available to you in depth later. Bets are made by placing your chips onto the felt in the area designated for the bet you would like to make.
You have a better chance at winning when you bet on the "outside" side, which includes betting on a color, group of numbers, even or odd. Since almost half of the numbers are either black or red (except for the green that are 0 and 00) it's very close to 50% chance that you will win, being exact you have a 46.37% chance of winning. This also happens with even or odd and with the groups that includes numbers from 1 to 18 and 19 to 36. The closer you get to a specific bet the harder it gets to win. These probabilities up next are for the American Roulette: Black or red - 46.37%; Odd or even - 46.37%; 1 to 12 - 31.58%; Single Number - 2.63% (just to give some examples).
Columns don’t contain consecutive numbers – for example, the first column has 1, 4, 7, 10, 13, 16, 19, 22, 25, 28, and 31 – and the number of red and black numbers differs between each column, a fact that we’ll cover in a moment. And remember, the 0 and 00 aren’t included in any of the columns because they’re special and too good for all the other numbers.
Roulette games have minimum bets, which will be posted on a placard at the table.  Minimum bets work differently for inside bets (specific numbers) and outside bets (everything else).  For outside bets, any bet you make has to be at least the table minimum.  Inside bets can usually be as small as you like, as long as the total of all your inside bets is the table minimum.  For example, with a table minimum of $5, you could put $5 on #14, or $1 each on #14, #27, #8/9, #28/29/30, and #19/20/22/23.  Remember that you can bet inside or outside if you like; there's no requirement to bet both on a given spin.
There is a number pattern that seems to exist in all areas of nature including music and the arts. It goes this way: 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, and 144 and on up. You will note that all the numbers are additions of the two numbers before it. Thus 5 is the combination of 2 and 3. Gamblers now use these numbers as their method of betting strategy. If the player wins he stays at 1 unit but as he loses he begins the climb up the Fibonacci ladder. It can get expensive if luck goes against you.
Online roulette is great for players who like the convenience and the ability to dictate how their experience goes. With online roulette, you get the ability to play at any time and from anywhere with an internet connection. You never have an issue getting a seat, and you don’t have to worry about reaching the other side of the betting felt, as you place all of your bets with the click of your mouse.
Now, on Broadway Roulette's website FAQ section, they say "We do not include any partial view seats in our mix". However, my friends got LAST ROW of orchestra. They were not only extremely far from the stage, but worse, whenever King Kong stood up, they could not even see his head because of the extreme mezzanine overhang. My friends ended up paying above average for their tickets but got some of the worst seats in the Broadway Theatre, arguably quite partial in view.