Quote:
Originally Posted by jamf
In roulette, The equivalent is landing on a Zero or Double Zero.
The odds are 1 and 37 in doing so.
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And therein lies the house's advantage that is impossible to beat.
To play any single number on the board, you have a one in 37 chance of hitting it (one in 38 if the wheel has 0 and 00). But if you hit it, you only get paid 36 times your bet.
That's why you lose in the long run. Inevitably. Without fail. Go ahead, make a random number generator in excel, from one to 37. Try it out.