![]() Specifically, 48.65% of the time you’ll profit $100. So there’s a slightly higher chance you will lose. But on closer inspection, you have a 48.65% chance of winning, and a 51.35% chance of losing. You know you have around a 50% chance of winning, which sounds like good odds. The more numbers you bet, the more likely you are to get get a hit.ĮXAMPLE 1: Consider betting $100 on red for a European wheel. But does better odds mean you are more likely to profit? No, and this is a common mistake players make. In the above table we see the more numbers we bet on, the better the odds of winning. ![]() So if the house edge is 2.7% and you bet $1, you can expect to lose $0.027 every 37 spins. ![]() The house edge is the advantage the casino has over players. ![]()
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