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Roulette

 
 
gollum
 
Reply Fri 6 Apr, 2012 05:48 am
If you bet on a color (e.g., red) at the roulette wheel what percent do you win?
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Type: Question • Score: 1 • Views: 1,305 • Replies: 7
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fresco
 
  1  
Reply Fri 6 Apr, 2012 06:03 am
@gollum,
100% if you win. You double your money.
(The odds are still in favor of the bank because zero is neither color)
gollum
 
  1  
Reply Fri 6 Apr, 2012 06:07 am
@fresco,
Thank you. How many slot positions on the wheel?
fresco
 
  1  
Reply Fri 6 Apr, 2012 06:09 am
@gollum,
37 (o to 36 inclusive)
gollum
 
  1  
Reply Fri 6 Apr, 2012 06:22 am
@fresco,
Thank you. So the odds favor the House by less than 3%.

I read that Ashley Revell is a professional gambler and that he played roulette to double his net worth. I would have guessed a professional gambler would choose games with odds in his/her favor.
maxdancona
 
  1  
Reply Fri 6 Apr, 2012 06:50 am
@gollum,
Roulette isn't a game of skill. Depending on luck to make money doesn't seem very smart to me when the odds favor the house. Three percent is an awfully big number which is why casinos are raking in so much money.



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joefromchicago
 
  1  
Reply Fri 6 Apr, 2012 08:11 am
@fresco,
fresco wrote:

37 (o to 36 inclusive)

That's European roulette. American roulette has double-zero as well, so there are 38 numbers. Makes the odds even more favorable for the house.
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robbyp123
 
  -1  
Reply Sat 27 Dec, 2014 07:09 am
Roulette is a negative expectancy game because of the house edge. Try La Partage as this version of the game gives a better chance of profit - http://www.redblackwin.com/roulette-guide/best-online-roulette-la-partage/
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