Playing the European version (aka only 1 zero )

Betting $100 on 1st 12 and $100 on 2nd 12.
This pays 2:1 so as long as the ball is between 1-24 i get back 1:1.

Only thing making me lose is 3rd 12 and 0

so its 24/37

Is this a good bet? good ev? etc