Roulette - inside all red or black
October 31st, 2011 at 3:23:09 AM
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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?
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
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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...
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
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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
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Semantics.Quote: roll8imUPRe-read your third paragraph....The payout at 35-1 is $35 not $18 - is it not?
The payout is $35, but you lose those 17 other $1 bets, for a net of $18.
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