1. Odds Betting Red Black Roulette Numbers
2. Odds Betting Red Black Roulette Games
3. Odds Betting Red Black Roulette Odds
4. Odds Betting Red Black Roulette Sites

• Another common bet is Red/Black. This pays out 1/1 (or evens ), so if you put £1 on red and it wins, you get £1 plus you get your original £1 back = £2 in total. Your chances of winning are 18/37 because there are 18 red numbers out of the total 37.
• If we bet $1 on red and green or black occurs, then we lose the dollar that we bet. This results in net winnings of -1. The random variable X defined as the net winnings from betting on red in roulette will take the value of 1 with probability 18/38 and will take the value -1 with probability 20/38.

The odds of hitting red after 8 successive spins on black is precisely 48.6%. A Roulette wheel has no memory, and every spin is independent of the one before. A Roulette wheel does not look at statistics, nor does it have the ability to determine when a specific result is “due”.

Betting on the red or the black in roulette. Is this the most famous of all the roulette bets? Probably. It´s been the bet that had the most exposure in films and so on.

A bet on the red or the black is an even money bet, of course, in that the house pays out 1:1. So if you bet £10 and win, you win £10, plus you get your bet back, so the house pays you £20. You use these bets in all sorts of roulette systems such as the Single Column Even Bets, for example, which combines a red or black bet with a single column bet.

You cover half the table covering numbers like black 6, 17 and 26. actually you don´t- remember there is a 0 pocket on the wheel (assuming you are playing European Roulette), and that takes your coverage down to 48.6%. The difference gives you the house advantage which is 2.6% for European Roulette and 5.2% on American Roulette (spot the obvious- always play European rather than American if you can).

If you play American Roulette, your coverage goes down to 47.4% and the house edge ticks up to 5.2%. (Tip- always play European variants in preference to Amercan).

Many people play red and black bets, and never try out anything else. There´s nothing wrong with that, just remember you get the same odds and table coverage on odd/even and 1-18/19-36 should you want to mix it up a bit. The odds are the same. In fact, the odds are the same for all roulette bets with the exception of the 5 Number Bet which you should avoid.

La Partage

The other thing to look out for, is casinos that play “La Partage Rule” on even money bets. This tends to be the French Roulette variants. You´ll get half your bet back if you bet on the red (or black) and the ball drops in the zero pocket. This reduces the house edge even further down to 1.3%

The Best Casino and Variant to play red or black bets in roulette?

Referring back to our note on La Partage, you will get most bang from your buck on a French Wheel. Try the French Roulette over at Royal Panda. Many strategies use even money bets like the Whittacker roulette system.

Odds Betting Red Black Roulette Numbers

What are the roulette odds of the ball landing in the same colour ten times in a row? What about landing on the same number twice? Let´s take a look, and then we´ll explain how this relates to the Gambler´s Fallacy, or the Monte Carlo Fallacy- the belief that the odds of a black number coming in increase, the more times you see red.

Let´s look at a European Roulette wheel. Over a single spin, the odds of a red number coming up are 18/37, or 1 in 2.06. Over 2 spins, the odds of 2 reds coming in are 1 in 2.06×2.06, or 4.24.

Odds Betting Red Black Roulette Games

The odds of seeing 10 reds in succession are 1 in (2.06) to the power of 10 = 1 in 1376.

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Odds Betting Red Black Roulette Odds

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Pretty low odds that you´ll ever see this, in other words. But that doesn´t mean it isn´t going to happen. In fact, the longest number of reds in a row was recorded in an American Casino in 1943 when 32 came up in a row. Now imagine that you were betting the Martingale that day! The odds of seeing that are 1 in 11 million, or thereabouts by the way.

Another huge streak (this time on black) was seen by the players at the Casino in Monte Carlo who saw 26 blacks in a row on the table on 18 August 1913. The odds of this happening? A mere 1 in 145,000.

And this gave name to the Monte Carlo Fallacy, otherwise known as the Gambler´s Fallacy, as the longer the streak went on, more and more people started piling their chips on to red. And they lost a lot of money.

So what happened?

Gambler´s Fallacy

The important thing to understand and to get your head around, is that these are odds over multiple spins. And here´s the thing. In roulette, you can´t bet on what is going to happen over 10 spins, you can only bet on the next spin. And thus the odds are always the same – 18/37, whether the red came in 10 times previously or not. The wheel has no memory from spin to spin. It is not a living thing.

Tip for Martingale Players

Martingale System Players are often susceptible to long runs as they double their bet after a loss. Start your first bet low if you employ this strategy to give yourself the most room for manouevre

Odds Betting Red Black Roulette Sites

You are Betting on One Spin Not Multiple Spins
When you are betting on one spin, the odds are for one spin, and for one spin only.

One things for sure about the Gambler´s Falllacy- the casinos love it! Don´t get sucked in, keep your thinking hat on.

One thing’s for sure- there are plenty of people who have worked out that the odds are with the casino on roulette, and have opted to scam the casinos instead, like the roulette scam in Ohio. Just be warned- that’s illegal. They got busted.

FAQs Roulette Probabilities

• What are the odds of seeing 10 reds in a row on a roulette wheel?
  The odds of seeing 10 reds one after another are 1 in (2.06)¹⁰ = 1 in 1376. But remember, you cannot bet on 10 spins, only on a single spin. Here the odds are 1 in 2.06
• What is the definition of the Gambler’s Fallacy in roulette?
  The Gambler’s Fallacy is the incorrect belief that a certain event like flipping a coin or the ball landing on a black number is more or less likely, due to a previous sequence of events.
  This is incorrect for mutually exclusive events because each event is independent with a result that has no relation to past events. Think about it this way. Is the wheel thinking after each spin, “I spun a red last spin. Let´s throw in a black to even things up.” No.

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