Ruleta de la Muerte 1998 was a professional wrestling Pay-Per-View event produced by Consejo Mundial de Lucha Libre (CMLL) that took place on July 18, 1998 in Palacio del Deportes, Mexico City, Mexico. The show featured the Ruleta de la Muerte¨(Spanish for "Roulette of Death") tournament, in which tag teams face off in a single elimination tournament, but unlike traditional tournaments it is the winning team that advances in the tournament. The losing team in the final match must wrestle each other in a Lucha de Apuestas match, where either their mask or their hair is on the line. The Tournament featured 16 teams, most of them created for the tournament. The show featured no additional matches outside the 15 tournament matches and the Lucha de Apuesta match.