Re: Help Calculating The Odds on this Roulete Bet
In the long run, 24/37 times you'll "win" $100. If it hits on 14, you bet $200 but you take back $300 for a profit of $100. Make sense?
In the long run, 13/37 times you'll lose $200. This should be obvious. 25-36 and 0. Make sense?
Edit: Yes, you will win more often than you lose (64.86% of the time). You'll just lose twice as much money as you win.
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