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Author Topic: Can Roulette house edge be reduced?  (Read 2959 times)

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The Bedsit Botter

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Re: Can Roulette house edge be reduced?
« Reply #75 on: January 21, 2018, 03:45:34 PM »
With all due respect Sir this is kindergarten maths.

Examples:

Bet any dozen the house has a 4% advantage over you.

Bet any two dozens the house has an 8% advantage over you.

For if you back one dozen the house only bets you 2/1 that 25 numbers will beat 12 where as the proper odds 2.08/1

If you back two dozen the house makes you lay 2/1 that 24 numbers will beat 13 where as the proper odds are only 1.84/1 and you consequently have a disadvantage of 8% in the odds.

 

kav

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Re: Can Roulette house edge be reduced?
« Reply #76 on: January 21, 2018, 03:54:26 PM »
Bedsit said:   
Quote
The more numbers you cover the less chance you have of winning.
This is not true. You may win less, but the chance of winning increases, the more numbers you bet.
====

Now about the house advantage and expected value, which is a totally different concept than the chance of winning. Please go here: http://www.roulette30.com/expected-value

You will see that the appropriate way to calculate the house edge is this equation:


If you do the math you will find that the house edge is always -2,7%. The bet doesn't matter. Only your bet amount matters.
« Last Edit: January 21, 2018, 04:25:26 PM by kav »
 

Real

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Re: Can Roulette house edge be reduced?
« Reply #77 on: January 26, 2018, 06:50:34 AM »
If you bet more numbers then you're more likely to become a permanent loser soon than someone that bets fewer numbers. 
 

scepticus

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Re: Can Roulette house edge be reduced?
« Reply #78 on: January 26, 2018, 12:11:15 PM »
Oh SH*t  ! I agree with Real here  !
 

Jesper

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Re: Can Roulette house edge be reduced?
« Reply #79 on: January 26, 2018, 05:33:31 PM »
Depends of the HA!