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In the game of roulette, a player can place aR$5 bet on the number 25 and have a 1/38 probability of winning. If the metal ball lands on 25, the player gets to keep theR$5 paid to play the game and the player is awarded in additionalR$175. Otherwise, the player is awarded nothing and the casino takes the playerR$5. Some bets in American Roulette have an even higher house edge than the 5.26% average. For example, a bet on the Five Numbers (0, 00, 1, 2, 3) carries a house edge of 7.89%. Outside bets in roulette carry the lowest risk. They cover more numbers yet the payouts are lower (1/1 for Red, Black, Odd, Even, 1 18, 19 36). |
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Chip Romig, MMR 423 |
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