I've already given a couple of examples of "converting" a sequence of outcomes to an EC bet:
For any standard EC (and derivatives such as 3 Double streets, 6 streets, etc), a sequence of 5 outcomes with at least 3 on one side is equivalent to an EC. Also for the dozens and columns if there at least 2 outcomes in 5 spins this is equivalent to an EC.
- A double street hitting at least once in 4 spins is equivalent to an EC.
- A street hitting at least once in 8 spins is equivalent to an EC.
- A split hitting at least once in 12 spins is equivalent to an EC.
- A single number hitting at least once in 25 spins is equivalent to an EC.
Of course you don't have to use the layout bets; wheel sectors are just as good. So for all of the above, if you divide the data stream into the appropriate "spin windows" you can create an EC "marquee" for each DS/Street/Split/Number/Sector.
What's the point? you may be thinking. Well, it just gives you another dimension to bet selection, since you can take advantage of all the characteristics of the even chances (patterns, the law of series, etc). It won't give you an edge by itself, although there is the possibility of getting multiple wins in each spin window, and always betting within a "cycle". I.e. for a double street, the cycle length is 6 spins, but you're aiming to get a win within 4 - and you may get more than 1 win in those 4 spins.
Also, it gives you a rough and ready guide to some stats without having to research the stats specific to each bet. For example, we know that an EC can go to 10 losses or wins in a row (or more). Translating this to say, double streets, it means that a DS can go to 10 x 4 = 40 (since the spin window is 4 for a DS) spins without a hit or 40 spins with at least 1 hit in each 4 spin window. Similarly a street can go 80 or more spins without a hit or 80 spins with at least 1 hit every 8 spins. Just use the EC stats and multiply by the appropriate spin window length to get the stat for that bet.
One limitation is that for the higher odds bets, if betting for a loss you would have to bet all the other DS's, streets, etc, apart from the one you're interested in. This is because these EC bets aren't symmetrical in the way that a true EC bet is. These "odds on" bets don't appeal to me so I stick to betting for win. But the choice is yours.