camapl
camapl
Joined: Jun 22, 2010
  • Threads: 8
  • Posts: 367
May 10th, 2022 at 3:31:56 AM permalink
I stand by what I wrote. 100xOdds seemed to be confusing the outcomes on the wheel with the outcomes on the bet, and I was merely trying to differentiate between the two. Wheel has over 30 outcomes, the even money bet has 2.

Thanks anyway for your assistance!
* Actual results may vary.
Ace2
Ace2
Joined: Oct 2, 2017
  • Threads: 31
  • Posts: 1843
May 10th, 2022 at 12:15:22 PM permalink
If you have a wheel with 30 pockets and you win $1 on 1-15, lose $1 on 16-30, the bet is identical to a coin flip. Both scenarios have 2 outcomes: 50% you win, 50% you lose. Variance of 1, zero edge
Itís all about making that GTA
camapl
camapl
Joined: Jun 22, 2010
  • Threads: 8
  • Posts: 367
Thanks for this post from:
unJon
May 10th, 2022 at 1:10:06 PM permalink
Right, but that doesnít change the fact that the wheel itself has 30 outcomes regardless of how the bets are designed. The OPíer thought that a wheel with fewer pockets should not create a higher variance, and my post was trying to distinguish between WHEEL outcomes and BET outcomes. While they are related, they are not identical.

Reading and reacting to a single post without reading prior can also create further confusion.

Thanks yet again for your assistance. If you absolutely must have the last word, as Iíve noticed many members here do, rest assured that I wonít stop youÖ
* Actual results may vary.

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