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Roulette - inside all red or black

October 31st, 2011 at 3:23:09 AM permalink
roll8imUP
Member since: Oct 31, 2011
Threads: 2
Posts: 5
Mr. Wizard,
I can't find the answer to this anywhere; If you place inside bets on all numbers of a single color will the HOUSE automatically change the odds from 35-1 to 1-1 as if it was an ALL BLACK / ALL RED outside bet?
I don't know the stats but it seems that if you are playing colors - 35-1 bests the outside bet IF it's legal. If you bet $1.00 inside placing on each number of a single color and HIT a number of that color the payoff is $35 and though you lost the other $17 - you still clear $18.
Is this valid?
October 31st, 2011 at 4:05:12 AM permalink
RonC
Member since: Jan 18, 2010
Threads: 9
Posts: 371
The payouts for the bets will remain the same--you'll get paid on the winner inside (35-1) and lose all the other bets. The casino is not going to change anything in their procedures for paying off winners and sweeping losers.

To get an $18 payout on the outside @ 1-1, you'd need to bet $18 on black. Potential loss = $18. Potential win = $18.

To get the same $18 payout on all black numbers @ 35-1, you'd need to bet $1 on each number ($18). Potential win = $18 (win one bet, lose 17). Potential loss = $18.

Looks to me like it'd be easier just to bet the outside "black" bet...
October 31st, 2011 at 4:41:36 AM permalink
roll8imUP
Member since: Oct 31, 2011
Threads: 2
Posts: 5
Re-read your third paragraph....The payout at 35-1 is $35 not $18 - is it not?
October 31st, 2011 at 5:04:50 AM permalink
DJTeddyBear
Member since: Nov 2, 2009
Threads: 105
Posts: 5727
Quote: roll8imUP
Re-read your third paragraph....The payout at 35-1 is $35 not $18 - is it not?
Semantics.

The payout is $35, but you lose those 17 other $1 bets, for a net of $18.
Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood?
October 31st, 2011 at 5:16:58 AM permalink
roll8imUP
Member since: Oct 31, 2011
Threads: 2
Posts: 5
ahhh.... sorry for the retard question.
thanks

 

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