Roulette is a casino game that involves spinning a wheel and betting on different numbers. Players can wager on a single number, various groupings of numbers, whether the number is odd or even, and color (red or black). Each type of bet has different odds and payouts. The best way to maximize your chances of winning is to choose a bet type that offers the highest payout and understand its house edge.

Once the players place their bets, the croupier spins the roulette wheel and rolls a small ball in the opposite direction around a tilted circular track that runs around the outside of the wheel. The ball then drops into one of the many pockets on the wheel, and the croupier pays out the winning bets according to the table. After the winning bets are paid, the losing bets are removed from the table, and the croupier prepares to start another round of betting.

Before the game begins, players must purchase a roulette chip from the dealer. These chips are marked with a denomination and a special color to identify each player. The dealer will then ask each player what amount of money he wants to assign to the chip. Depending on the table’s minimum bet, this may be as low as $5.

There are several rules to follow when playing roulette. When the dealer announces “no more bets”, all players must stop placing chips on the layout until the next betting cycle begins. This prevents players from trying to cheat or gain additional advantages.

Besides the no more bets rule, players should always remember to play within their budget. They should never try to make a large win on a single number and should keep in mind that the house edge is quite high. This is why it is important to study the rules and learn about different bet types before placing your bets.

The Odd or Even Bet (passe et manque in French): This bet is placed on either the first 18 numbers on the layout (1-18) or the last 18 numbers (19-36). This bet is considered even-money because neither the 0 or 00 counts as an odd or even number. If the winning number is a 0 or 00, all outside bets lose.

The Street Bet/Three Number Bet/Side Bet/The Trio: This bet consists of three consecutive numbers on the roulette wheel’s layout. The chips are placed on the line separating two numbers to place this bet. If any of these numbers wins, the payout is 17-1. The Corner Bet/Square Bet: This bet consists of four consecutive numbers on the roulette wheel’s layout. To place this bet, the chips are placed on the corner connecting these numbers. If any of these numbers wins, the jackpot is 11-1.