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Best of John Grochowski
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Gaming Guru
The Casino Answer Man1 November 2000
The house edge is the same whichever way you play 12 numbers. In the long run on an American double-zero wheel, the house will keep $5.26 of every $100 you wager. Let's walk through it. Say you make 25-cent single-number bets on 1, 3, 5, 13, 15, 17, 20, 22, 24, 32, 34 and 36. (Why did I choose those particular numbers? Just because they're adjacent on the wheel, though not on the table layout.) You're risking $3 per spin of the wheel. In a perfect sequence of 38 spins in which each number comes up once, you risk $114. When one of your numbers comes up, you win 35 chips and keep the one chip you wagered on the winning number, for a total of 36 chips. That's $9 per winning spin when you're betting quarter chips. You lose the 11 chips you wagered on the other numbers. Multiply that by 12 winning spins, and at the end of the sequence you have $108, meaning you've lost $6 overall. Now let's say that instead of playing those single numbers, you wager the full $3 per spin on the first dozen. Your total risk for 38 spins is still $114. Any time a number from 1 through 12 turns up, you're paid at 2-1 odds. On each winning bet, you get $6 in winnings plus you keep your $3 wager, for a total of $9. Multiply that by 12 winning numbers, and at the end of the sequence you have $108 left for an overall $6 loss -- the same as when you were betting individual numbers. By betting on 12 single numbers, you've essentially created your own dozens bet. The percentages are the same as if you'd just bet the dozens. What's the house edge? On either set of wagers, the house keeps $6 of your $114. Divide the 6 by 114, and you get .0526. Multiply by 100 to convert to percent, and the house edge on either betting method is 5.26 percent. For more information about roulette: The Casino Answer Book by John GrochowskiSpin Roulette Gold: Secrets of Beating the Wheel by Frank Scoblete This article is provided by the Frank Scoblete Network. Melissa A. Kaplan is the network's managing editor. If you would like to use this article on your website, please contact Casino City Press, the exclusive web syndication outlet for the Frank Scoblete Network. To contact Frank, please e-mail him at fscobe@optonline.net. Recent Articles
Best of John Grochowski
John Grochowski |
John Grochowski |