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The Wall Street Journal. "How Often Do Gamblers Really Win?" The true odds in roulette are 37 to 1 in American roulette, as there are 38 numbers on the roulette wheel. However, because of the house edge the actual payout odds in roulette are 35 http://jaredgync198642.blogdigy.com/live-blackjack-online-24418543, to 1. In betting terms, this means that the chances of a single number on a straight-up bet winning is 37 to 1, but a player http://erickwpdt865319.amoblog.com/best-online-poker-no-money-32143609, would receive a payout based on odds of 35 to 1. The even-money bets are the ones where you win the amount you’re betting if you win. For example, a bet on red or black pays even money. Bet $100 on red and lose, and you’ve lost $100. Bet $100 on red and win, and you’re up $100. Each spin is an independent trial and, in the long run, the casino will win. You're right the chances of winning are 24/38, or about 63%. However you have to risk $200 to only win $100. If you want to increase your chances of winning even more then bet on any 35 numbers. The probability of winning will be 92%.

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