Roullete, also known as Roulette, is a casino game that has numerous bet options. Players can choose to bet on a single number, various groupings of numbers, the color red or black, whether a number is odd or even and more. The game is a mainstay at the casinos of Monte Carlo and other European resorts. Despite its storied history, roulette has only a small following in America compared to slot machines, video poker and blackjack.
The roulette wheel consists of a solid wooden disk that is slightly convex. Around its rim are 36 compartments, painted alternately red and black and numbered nonconsecutively from 1 to 36. A 37th compartment, on European wheels, is painted green and carries the sign 0; American wheels have two green compartments on opposite sides.
Each time the roulette ball lands in one of these compartments, the player will receive a payout based on the type of bet placed. For example, a straight up bet on the number zero costs 17 chips and pays 235 chips; a bet on number 1 costs 35 chips and pays 392 chips.
The house edge in roulette is approximately 5.26%. In addition to the house edge, roulette has no element of skill; all bets win or lose based on pure chance. Only in exceptional circumstances can a betting system overcome this built-in house advantage.