Vital Queries, Sublime Answers
By Frank Scoblete
Here’s a fast appear at some gambling-connected concerns posed to me in 2021.
Question: “I have been enjoying your articles but when it comes to betting at roulette, I have some disagreements with your evaluation. You say to bet the ‘even-money’ bets of red or black, odd or even, high or low. Why not go for the two-to-1 payoffs on the ‘columns’ or ‘dozens’ bets? Even though your probabilities of winning are lowered, you nevertheless get a greater payoff of two-to-one particular.”
FRANK RESPONDS: “You are proper, of course, the payoffs are better on the two-to-1 wagers. In addition, you can nevertheless go back-and-forth with the wins and losses throughout most sessions. The back-and-forth between the player and the casino is what I appreciate.
“Remember that the ‘even-money’ bets have an expectation of 18 wins against 20 losses on the American double-zero (, 00) wheel and 18 wins and 19 losses on the European single-zero () wheel. Your two-to-1 bets have 12 winning numbers with numerous far more losing numbers. You can get into a hole more quickly betting this way.
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