Roullete, also known as Roulette, is a casino game that involves spinning a wheel and betting on different numbers or groupings of numbers. Each bet has a unique payout and odds of winning. Players may place chips on the table in any area they wish before the dealer announces “No more bets.” Then the wheel spins, the ball drops and bets are locked in.
Unlike most table games, roulette chips have no printed denomination. They are sold in sets of colors with different values based on the number of chips purchased. For example, a single color set is worth $300.
The wheel is a solid wooden disk, slightly convex in shape with a metal rim. Thirty-six compartments on the rim are painted alternately red and black and numbered nonconsecutively from 1 to 36. A 37th compartment, painted green on European wheels, carries the signs 0 and 00.
Bets on the outside of the main grid (1-36) have lower payouts and higher odds to win than inside bets. Outside bets are placed on larger groups of numbers or a specific number in one of the three columns: first (12-17, Premiere douzaine or P12), second (17-24, Moyenne douzaine or M12) and third (25-36, Derniere douzaine or D12). All outside bets lose if a 0 is spun.