Roulette

RouletteRoulette is a casino and gambling game (Roulette is a French word meaning "small wheel"). A croupier turns a round roulette wheel which has 37 or 38 separately numbered pockets in which a ball must land. The main pockets are numbered from 1 to 36 and alternate between red and black, with number 1 being red. There is also a green pocket numbered 0. In most roulette wheels in the United States but not in Europe, there is a second zero compartment marked 00, also colored green.

If a player bets on a single number and wins, the payout is 35 to 1. The bet itself is returned, so in total it is multiplied by 36. (In a lottery one would say 'the prize is 36 times the cost of the ticket', because in a lottery the cost of the ticket is not returned additionally.)

A player can bet on numbers, combinations, ranges, odds/evens, and colors.

Famous Bets

In 2004, Ashley Revell of London sold all of his possessions, clothing included, and brought US$135,300 to the Plaza Hotel in Las Vegas and put it all on "Red" at the roulette table in a double-or-nothing bet. The ball landed on "Red 7" and Revell walked away with his net-worth doubled to $270,600. To be fair, as we have seen, he had over a 47% chance of success, but what a risk to take!

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