In the game of roulette, a small ball is released into a revolving wheel that has red and black numbered compartments. Players place bets on which numbered compartment the ball will land in as it slows down and comes to rest. Depending on the number chosen, bets pay out at different odds. The house edge is about 7% and is calculated as the sum of all a player’s bets, less the winnings from bets placed on certain numbers, or groups of numbers. The game emerged in the late 18th century in Europe, where it was popularized by casinos. Despite the high probabilities, it is possible to win large amounts of money with the right strategy.
The word roulette can also refer to:
After more than 45 years as an experimental music venue and the home of trombonist Jim Staley, Roulette will move out of its TriBeCa loft this month and into a larger space in Downtown Brooklyn. The move marks the latest evolution of a vital cultural institution that helped define a genre, providing composers, improvisers and electronic producers with a home, resources and recorded documentation of their work. It also provided a crucial laboratory for the downtown music scene, cultivating artists like John Zorn, Ikue Mori and Zeena Parkins who, along with their peers, continue to perform there today.