Roulette simulation: 10'000 players each betting 5'000 times (74% chance of having a negative return ) [OC] Submitted by nautilus_red t3_y1aw8v on October 11, 2022 at 2:44 PM in dataisbeautiful 119 comments 809
ABigAmount t1_irwpgzu wrote on October 11, 2022 at 4:38 PM Reply to comment by NorthImpossible8906 in Roulette simulation: 10'000 players each betting 5'000 times (74% chance of having a negative return ) [OC] by nautilus_red The house edge on double zero roulette is 5.26%, regardless of bet. So they expect to win $5.26 for every $100 wagered. Permalink Parent 9 vman81 t1_is4r65k wrote on October 13, 2022 at 8:35 AM What if I only put my money on zero? Permalink Parent 1 ABigAmount t1_is5122y wrote on October 13, 2022 at 10:53 AM Same house edge. 5.26% Permalink Parent 1 vman81 t1_is517ch wrote on October 13, 2022 at 10:55 AM How so? Isn't there a straight 1/36 win chance on 0 ? With no house edge? Permalink Parent 1 [deleted] t1_is55h85 wrote on October 13, 2022 at 11:41 AM [removed] Permalink Parent 1
vman81 t1_is4r65k wrote on October 13, 2022 at 8:35 AM What if I only put my money on zero? Permalink Parent 1 ABigAmount t1_is5122y wrote on October 13, 2022 at 10:53 AM Same house edge. 5.26% Permalink Parent 1 vman81 t1_is517ch wrote on October 13, 2022 at 10:55 AM How so? Isn't there a straight 1/36 win chance on 0 ? With no house edge? Permalink Parent 1 [deleted] t1_is55h85 wrote on October 13, 2022 at 11:41 AM [removed] Permalink Parent 1
ABigAmount t1_is5122y wrote on October 13, 2022 at 10:53 AM Same house edge. 5.26% Permalink Parent 1 vman81 t1_is517ch wrote on October 13, 2022 at 10:55 AM How so? Isn't there a straight 1/36 win chance on 0 ? With no house edge? Permalink Parent 1 [deleted] t1_is55h85 wrote on October 13, 2022 at 11:41 AM [removed] Permalink Parent 1
vman81 t1_is517ch wrote on October 13, 2022 at 10:55 AM How so? Isn't there a straight 1/36 win chance on 0 ? With no house edge? Permalink Parent 1 [deleted] t1_is55h85 wrote on October 13, 2022 at 11:41 AM [removed] Permalink Parent 1
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