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Roulette (named after the French word meaning "little wheel") is a casino game which was likely developed from the Italian game Biribi. In the game, a player may choose to place a bet on a single number, various groupings of numbers, the color red or black, whether the number is odd or even, or if the number is high or low.
In the United States, 'table game' is the term used for games of chance such as blackjack, craps, roulette, and baccarat that are played against the casino and operated by one or more live croupiers, as opposed to those played on a mechanical device like a slot machine or against other players instead of the casino, such as standard poker.
The Labouchère System is meant to be applied to even money Roulette propositions such as Even/Odd, Red/Black or 1–18/19–36. When any of these bets are made in the game of Roulette, a spin resulting in a "0" or "00" results in a loss, so even though the payout is even money, the odds are clearly not 50/50.
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Boule is thus rather disadvantageous for the punter; by comparison, in European roulette, the house advantage for simple chance play is 1.35%, and the house advantage for multiple chance play is 2.70%. Boule is played for low stakes compared to roulette, especially in resorts where there is no concession for the Grand Jeu, i.e. a casino.
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A casino pit is an area of a casino which typically contains tables for blackjack, craps, roulette, and other games. [1] Typically, a pit is organized as two rows of gaming tables arranged back-to-back. The tables face outward toward a public aisleway. The space between the rows is restricted to dealers and other casino personnel.
The most commonly played game is roulette. The minimum amount wagered per spin is £1 and the maximum is £2. The largest single payout cannot exceed £500 and this can limit the wager size e.g. the maximum wager on a single number on roulette at odds of 35:1 is £2. [2]