Question
Next, different bets have different odds for winning, so the payout is different. In American roulette, the odds are: Straight up (betting a single number)
Next, different bets have different odds for winning, so the payout is different. In American roulette, the odds are:
- Straight up (betting a single number) = 35 to 1
- Row = 2 to 1
- Dozen = 2 to 1
- Even/Odd = 1 to 1
- Black/Red = 1 to 1
- High (19-36) / Low (1-19) = 1 to 1
This means if you were to make a bet at 1 to 1 odds, you would not only get back your initial bet, but also win an amount equivalent to your bet, i.e. if you bet $1 on a 1 to 1 bet, you would get back your $1 plus win another $1.
Place 5 bets. Tell me the amount you are betting (something between $1 and $100) and on which spot you are placing the bet. For each of those 5 bets, tell me what would be the outcome if you lost and what would be the outcome if you won, i.e.
Game 1 = I bet $500 on Black. If the ball lands on something other than a black, then the house keeps my $500 and I walk away $500 poorer. If the ball lands on a black, then I get my $500 back and the house has to give me an additional $500, so I walk away $500 richer than I was before the game.
Game 2 = ...
Game 3 = ...
Game 4 = ...
Game 5 = ...
Complete the Table
Game 1: |
Game 2: |
Game 3: |
Game 4: |
Game 5: |
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