Roulette is a gambling game of chance played on a green felt table with a single-zero wheel. It is a popular casino game that is widely used in Europe, particularly in France, where it was invented. Players place chips on the betting area, indicating their bet. Unlike most table games, roulette chips do not have a denomination printed on them. Instead, a player must look at the color of the chip to determine its value.
There are two types of bets in roulette: Inside Bets and Outside Bets. Inside bets are placed on specific numbers or small number combinations within the main grid (1-36) and offer higher payouts but lower odds at winning. Outside bets are placed on colors (red or black), the odd or even parity of a number, or whether it is in the first (12-36, Premiere douzaine or P12), second (16-24, Moyenne douzaine or M12), or third dozen (25-36, Dernier douzaine or D12).
Although Roulette is a random game, the house edge can be minimized by choosing the right Roulette and familiarizing yourself with the kinds of bets. This will allow you to increase the amount of money you win. For example, a straight-up bet on a number costs 35 chips but pays only 35 to 1. This discrepancy is where the house gets its big edge.