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Just Ask Scobe and AP (Even Money Bets - Roulette)

7 February 2003

By Frank Scoblete

Dear Scobe and AP:

Settle this dispute for us. My wife says that the "even-money" bets in roulette are called "even money" because there is a 50/50 chance of winning them. I say, they are "even money" because the casino pays you $1 in winnings for every $1 you bet, when you win, of course. Who is right?

B.C.

Dear B.C.:

You are. The "even-money" bets pay $1 to $1 on a win. However, they are not 50/50 propositions. Your chances of winning are 18; your chances of losing are 20 on all the "even-money" bets at a double-zero, American wheel. This gives the casino a 5.26 percent edge on the bets.

Do you have a question for Frank and AP? Send it to slotexpert@comcast.net.

This article is provided by the Frank Scoblete Network, John Robison managing editor. If you would like to use this article on your website, please contact Casino City Press, the exclusive web syndication outlet for the Frank Scoblete Network.
Frank Scoblete
Frank Scoblete is the #1 best-selling gaming author in America and executive director of Golden Touch - which teaches classes in advantage methods for beating craps, blackjack, Pai Gow poker, video poker and some select slot machines.

His newest books are Casino Craps: Shoot to Win! (which comes with a DVD of unedited controlled dice throws) and Beat Blackjack Now: The Easiest Way to Get the Edge! both published by Triumph Books, a division of Random House. Another recent book is The Virgin Kiss. His new DVD is Golden Touch: Beat Craps by Controlling the Dice shows 200 unedited controlled dice throws. Frank's books and DVD are available at Amazon.com, in bookstores or by mail order. For a free brochure or to order by phone, call 1-800-944-0406 or write to: Frank Scoblete Enterprises, P.O. Box 446, Malverne, NY 11565.

Frank Scoblete Websites:

www.goldentouchcraps.com
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Books by Frank Scoblete:

The Captain's Special Report

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