Roulette is a casino game in which players place bets on which red or black numbered compartment on a rotating wheel the ball will come to rest on when it stops spinning. Bets are made against the house bank and winning bets may offer various odds; individual roulette rules vary according to American and European variations but all operate similarly.

A roulette wheel is spun and the ball thrown in by a croupier (dealer), who then announces no further bets can be placed until all have been made. After that, players watch as the ball bounces around until it finally settles into one of several pockets marked with numbers; if your bet landed there then congratulations, you have been successful in your attempt!

There are numerous variations of roulette, but the best approach is setting aside an amount you can afford to lose without tapping into your winnings for future bets. Additionally, switching color chips out for value chips before beginning can also help.

Dependent upon the variation, table minimums and maximums will be posted. The table layout will display various betting options such as inside bets (those placed on specific numbers or groups of numbers such as straight, split corner or street bets) as well as outside ones like odd/even, high/low red/black as well as first, second and third dozens bets.

Beside these bets, there are also specialty bets with higher payouts: Call bet, which consists of wagering on one number or two adjacent numbers; column bet (betting on three adjacent numbers in one row); and finally tier bet (betting that the winning number will fall within one of the numbered rows on a roulette table).

La partage rule is an exclusive to French version of roulette which reduces house edge by half by mandating that even-money bets losing to zero only pay half of their original amounts back – offering significant financial relief to players while decreasing house advantage significantly.

Roulette wheels consist of solid, slightly convex wooden disks fitted with 36 colored compartments (frets) arranged alternately red and black on a series of frets called frets, plus two green ones labeled 0 and 00. There are various betting areas between each compartment (racetrack and two green pockets on American-style wheels); here punters may wager on various outcomes such as where the ball will land or whether its color pocket will appear. Speculators may wager on various outcomes including where the ball will land or what color pockets will appear; unlike craps which offers much lower house edges ranging from high and varied house edges!