|
#1
|
|||
|
|||
Help Calculating The Odds on this Roulete Bet
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 |
#2
|
|||
|
|||
Re: Help Calculating The Odds on this Roulete Bet
EV = (24/37 * 100) + (13/37 * -200) = -$5.41 every time.
No. |
#3
|
|||
|
|||
Re: Help Calculating The Odds on this Roulete Bet
SURE DOES MAEK SENSE! yeah how did u figure out that equation thats crazy.
yeah in general i got like a 60ish% chance of winning tho right? |
#4
|
|||
|
|||
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. |
#5
|
|||
|
|||
Re: Help Calculating The Odds on this Roulete Bet
yeah that makes sense now thanks.
Well what do u think of my idea. Im gonna bet $100 dollars on 1st 12 and $100 dolalrs on 2nd 12. If i win 10 times in a row spliting the profit won between the 2 bets. I'll make 1135 by wining 7 bets in a row. I dunno that doesnt sound to bad. Better yet just bet on black or red. if i bet 100 dollars i get back 1:1 if i double it up each time i win if i win 10 times in a row thats $52,000 dollars |
#6
|
|||
|
|||
Re: Help Calculating The Odds on this Roulete Bet
For your sake, I hope you're just being a troll.
|
#7
|
|||
|
|||
Re: Help Calculating The Odds on this Roulete Bet
Maybe it is better to bet 100$ on the first 12 and 100$ on the last 12. Make sense?
|
#8
|
|||
|
|||
Re: Help Calculating The Odds on this Roulete Bet
quite simply there is no strategy of play for any -EV game that results in anything other than losing all of your money in the long run. Roulette is such a game.
if you persist in putting money on a roullete table in any combination, strategy, or tactic whatsoever, the only possible outcome is that all of your money dissapears. This is a mathematical truth as surely as 2+2=4 |
|
|