Is anyone aware of, or has noticed the following.
Let's say there are two players. Let's call them Smith and Jones. Both will bet the same amount ( two chips), and both will bet on the same numbers (1-6 double street).
Smith chooses to place his two chips as a line bet. Jones chooses to place one chip on the 1-3 street, and one chip on the 4-6 street.
Number 4 appears, so both players win. Smith gets back (5 * 2) + 2 or twelve chips. Jones gets back (11*1)+1 or twelve chips, but loses the one chip wagered on the 1-3 street for a total of eleven chips returned.
Another way to look at it is that both players start off with ten chips; both make a two chip wager, so now both have eight chips left. Smith receives twelve chips, and now has twenty (8+12). Jones receives eleven chips and now has nineteen (8+11).
I'm sure that somehow I'm missing something here, because from what I have read, no matter what variation of a bet that you make, the payoff is supposed to be the same. And yet, from the above example, it would appear that it is better to make one two-chip wager, rather than two one-chip wagers.
Comments and guidance would be appreciated.