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Thread: Roulette: Red and Even

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    Roulette: Red and Even

    I received a coupon for a free $25 bet from my local casino last month. When I took it to the casino, I discovered that I was only allowed to bet red or even on roulette. Does the black or odd bet have a slight advantage over red or even? Any semi-roulette experts on this BJ site? Thanks.

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    Black/red, odd/even, high/low all have the same odds, since they all cover 18 numbers. If you can bet it on even money bets for other games, check out http://www.blackjackforumonline.com/...ouponsbjfo.pdf

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    Yes, that is what I understood. I just found it curious why the casino would limit me to only red and even.

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    If the coupon allowed betting opposing bets e.g. red/black

    if I have a partner we can lock in the (adjusted) coupon value.

    e.g. You and I each have $25 match plays or $25 Free Bets.

    We each bet with the partner taking the opposite bet.

    One wins. One loses.

    The Face Amount is $25 X 2 = $50 minus the house edge = $48.70

    Their intention was never to give you free money.

    This works best at craps or baccarat by the way.

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    Better to play them on craps. If you play both sides on craps, only when a 12 is rolled on the first roll do you lose one (of the two) bets. That happens 1/36. In roulette (double zero), by betting on both black/red, odd/even, 1-18/19-36 you will lose both bets 2/38 times. Even in single 0, you'd lose both 1/37 times. As opposed to craps where you lose only one (not both) 1/36 times.
    "Everyone wants to be rich, but nobody wants to work for it." -Ryan Howard [The Office]

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    Playing two of 'em on roulette black/red offsetting, depending on the actual value of the coupon, couldn't you just throw a dollar or two of your own money on the zeroes, to hedge against the risk of losing both that way?

    -DBJT

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    You could. But in roulette you're hedging against both of your bets from winning, while in craps you're hedging one bet (pass line) to lose and the other (don't pass) to push.
    "Everyone wants to be rich, but nobody wants to work for it." -Ryan Howard [The Office]

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    If permitted to play BOTH sides, "E-Z baccarat" is the choice.

    No winning Bank Bet commissions are collected.

    The house offsets the loss almost perfectly by making

    winning Bank Bets on a THREE card SEVEN a push.

    The House Edge on the Bank drops from 1.06% to 1.03%

    Off-setting wagers on Banker / Player are a precise 50% win.

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    Quote Originally Posted by RollingStoned View Post
    In roulette (double zero), by betting on both black/red, odd/even, 1-18/19-36 you will lose both bets 2/38 times. Even in single 0, you'd lose both 1/37 times. As opposed to craps where you lose only one (not both) 1/36 times.
    In roulette you lose half your bet on the even money bets if a green number comes up. For a matchplay you lose your coupon. For a direct bet you "win" half the value of the coupon. Betting both sides you would win one and lose one for black or red and lose 2 half bets on green, in other words win a bet and lose a bet on green with half you win and half your lose coming from each color. There is no difference no matter what color comes up, red, green or black. They are preventing you from winning no matter what by keeping you from betting both sides.

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    Quote Originally Posted by Tthree View Post
    In roulette you lose half your bet on the even money bets if a green number comes up.<snip>
    Tthree,

    That's true at the 00 wheels in Atlantic City, but it is NOT generally true on 00 wheels in the U.S. as a whole: at most casinos, you lose your entire "even-money" bet if 0 or 00 is spun. For more information, see the "Atlantic City Rules" section at the Wizard of Odds site at http://wizardofodds.com/games/roulette/

    Hope this helps!

    Dog Hand

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    Quote Originally Posted by Dog Hand View Post
    That's true at the 00 wheels in Atlantic City
    It is really nice playing the match plays when you just lose the coupon on a green spin. I guess you can't do that out west.

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    Would you math gurus consider it an advantage play to consistantly play TWO 2 to 1 bets on roulette? So, either playing the first, second or third third of the chart or the three columns? Wouldn't that make the probability of winning around 60%? You would lose one and win two on the other bet. That would be higher than just playing black and red for example which is about 48%.

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    No.

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