Used as an option in some casinos at the roulette tables and can be employed on all even money bets when 0 or the double 0 hits. Both the results vary in the US and Europe wherein the former country, half the bet is lost while in the latter country, the bet remains at the table for another spin. If the bet wins the player repossesses the money while if it loses, he loses the money as well. This is referred to as the Surrender in the US.
Gambling dictionary
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