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Loose Change

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Old 02-18-2008, 11:38 AM   #1
jamf
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Re: Loose Change

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Originally Posted by DynamiteRave View Post
Whats the probability of it landing on its side?
In roulette, The equivalent is landing on a Zero or Double Zero.
The odds are 1 and 37 in doing so.
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Old 02-18-2008, 11:46 AM   #2
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Re: Loose Change

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Originally Posted by jamf View Post
In roulette, The equivalent is landing on a Zero or Double Zero.
The odds are 1 and 37 in doing so.
And therein lies the house's advantage that is impossible to beat.

To play any single number on the board, you have a one in 37 chance of hitting it (one in 38 if the wheel has 0 and 00). But if you hit it, you only get paid 36 times your bet.

That's why you lose in the long run. Inevitably. Without fail. Go ahead, make a random number generator in excel, from one to 37. Try it out.
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