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Topic: Test your knowledge about gambling topics! Might be merits inside! - page 2. (Read 352 times)

hero member
Activity: 2996
Merit: 808
Answer:

American roulette has 38 number meaning the chance of losing per bet on a single digit is 37/38 which is equal to 97.3684%.


The theoretical house edge of American Roulette is 5.26% using this formula −1 × 37⁄38 + 35 × 1⁄38 = −0.0526 (5.26% house edge) available on Wiki

That gives
1$ x -0.0526 x 100 =-5.26$ loss

So the remaining balance will be 94.74$.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
What is the bet type we will consider for that 100 times bet? Is it single bet or others since there’s a lot of betting option in roulette games.
I do some research and the difference of American roulette is the double 0 right? I will edit this for my answer.
Anyway I think rewarding merit is alright.

Single bet on a single number and yes, American roulette, I updated the question to be clearer!

LE
I will consider a rule about posts that seem copy pasted from previous answers to deter cheaters but I will leave that to the community.
I seriously don't want this to get more complicated and become a pain in the ass rather than a fun topic.
hero member
Activity: 2996
Merit: 808
What is the bet type we will consider for that 100 times bet? Is it single bet or others since there’s a lot of betting option in roulette games.

I do some research and the difference of American roulette is the double 0 right?

Anyway I think rewarding merit is alright.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
From the start, I don't know if the merit reward is ok with the mods and the rules in this board, I will take my risks with it initially and as true gambler deal with the consequences myself later.

So, things are pretty easy, since I got bored of usual endless discussions and I saw that there is some traction from some members who actually want to learn, this is the result of it, a topic strictly about gambling, definition, strategies, types, whatever crosses my mind the day before.

Rules for it are pretty lax:
- I ask a question, everyone is free to answer as he sees fit or just comment on the question
- First 5 correct answers will get merits from me (and maybe from the rest of readers)
- No editing!!!! So don't type a reply with one letter then edit it with the answer, that will get you blacklisted, don't be an asshole!
- use ChatGPT and I will report you!

Questions will be posted in topic to avoid people quoting only the opening post

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