Yes, Reyth, 1 chip on Red and 1 chip on Odd. Since there are TWO extra numbers that THAT bet covers, compared to the Red/Even bet, does not this translate into more winning opportunities?

I’m sure I am in error. I just want to understand the MATH behind why this is wrong.

An analogy: If there was a 10 number lottery:

Option A - Bet $1 for 1 of the 10 numbers to come in, and win $1 if it wins, Option B - Bet $1 for any THREE numbers to come in, and win $1 if it wins.

My chances of winning INCREASE by betting $1 on Option B which has MORE CHANCES of those numbers hitting.

Red/Odd has TWO EXTRA NUMBERS that are covered by a 1 unit bet, as the Red/Even has. Does not this have more chances of winning? Just as in the example above?