The game of roulette can be found in casinos around the globe, and it remains a popular option for both online and land-based gamblers. Roulette is a casino game named after the French word meaning little wheel. In the game, players may choose to place bets on either a single number or a range of numbers, the colors red or black, or whether the number is odd or even, or if the numbers are high (1936) or low (118). With 38 numbers (1 to 36, plus 0 and 00), the true odds of hitting a single number on a straight-up bet are 37 to 1, but the house pays only 35 to 1 if you win. Ditto the payouts on the combination bets. This discrepancy is where the house gets its huge edge in … At the most basic level, we talk about roulette odds in terms of the house edge the advantage the casino holds over the player. In American roulette the house edge on virtually all bets is 5. 26 (or 238), while in European roulette, the edge for the casino is 2. 70 (137). 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