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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?
@gollum,
100% if you win. You double your money.
(The odds are still in favor of the bank because zero is neither color)
@fresco,
Thank you. How many slot positions on the wheel?
@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.
@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.
@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.
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/