Roullete, known as Roulette in Europe, is a gambling game that relies on luck. It has a long history of popularity in casinos and is still played in Monte Carlo and other European gaming establishments. However, in America, it has lost ground to other casino games such as video poker and blackjack. Nonetheless, it is still popular and can be found at many online casinos.
Players place their bets by laying chips on the table, the precise placement of each chip indicating the bet made. The bet types are defined by the odds that each type has of winning. Inside bets, which are placed on a small group of numbers, have a higher house edge but pay out more money than outside bets. Outside bets, which are placed on propositions such as high-low or odd-even, red-black, first, second, or third dozen, have a lower house edge but pay out less money.
A dealer spins a wheel in one direction and then rolls a ball in the opposite direction around a tilted circular track that runs around the outer edge of the wheel. As the ball makes its way around the wheel, it will eventually come to rest in a numbered compartment that is either red or black. On the American version of the game, there is a second green division labelled 00, which adds to the house edge.
Before the ball is spun, a player must establish the size of his betting unit based on the size of his available bankroll. The best betting unit is 1% of the total bankroll. This will allow him to make the most of his chances of winning and minimize losses.
In addition to setting a budget, the player must decide which bets to make and what level of risk is acceptable. In the case of a straight-up bet, he must be willing to lose all his chips. However, in the case of a split bet, he may keep half of his chips and only forfeit the other half when zero wins. If the bet is a double-zero, the player will have to cash out or put his chips “in prison.”
Aside from the fact that there are different rules for the two versions of the game, roulette has an additional rule called La Partage. This rule reduces the house edge on even-money bets that lose to a winning zero by half. This is not a significant reduction, but it does reduce the player’s risk. In addition, it allows players to recover some of their previous losses if they happen to win the next spin.