Roullete is a casino game of chance where players bet on the outcome of a spin of the roulette wheel. There are many different bets a player can place such as on single numbers, various groupings of numbers, colors red and black, high or low numbers or whether the number is odd or even.
Unlike craps, where the range of house edges is huge, the house edge in roulette is much more consistent. There are three main roulette variants; American, European and French. The European version is most popular at physical casinos and online as it offers a higher winning probability compared to the American.
The roulette wheel consists of a solid wooden disk slightly convex in shape with a number of metal compartments or pockets painted alternately in red and black and numbered 1 to 36. There is also a green compartment carrying the sign 0 and on American wheels there are two of these.
Once all the bets have been placed the dealer will announce if any of them were winners and then payout the winnings to the player. The winning bets are paid out according to their relative odds to the stake. The remaining chips, unless specified by the player, remain on the table and can be re-bet again on the next spin. There are a few systems that can be used when playing roulette such as the Martingale system and the Labouchere system.