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Probability, Operating instructions, Chart a chart b – Elenco Digital Roulette Kit User Manual

Page 12: Chip values, Ff+u

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PROBABILITY

If among (F+U) equi-probable and mutually exclusive
events, F is regarded as favorable and U as
unfavorable, then for a single event, the probability of
a favorable outcome is:

The probability of an unfavorable outcome is 1 minus
the probability of a favorable outcome.

In other

words, since there is the same chance that any
number may win on any spin (mutually exclusive
events), the chances of winning equals the number
of winning numbers divided by the total number of
possible numbers.

Roulette has 38 possible

numbers that may win. Therefore, F+U is always
equal to 38. If you wager on a single number, the
chances of winning are 1 divided by 38, or

approximately 97.37%. If you win, the house pays
you 36 times your wager. Multiplying your chance of
winning times your payback shows the advantage for
the house. In this case, the number is 94.74% which
means the house has a 5.26% advantage over the
players wagering on a single number.

If a wager is placed on black or red, the probability of
winning is 18 divided by 38 because the number of
black numbers and the number of red numbers is 18.
The probability of a favorable outcome is one color is
wagered equals 47.4%. The payout if you win is 2 to
1. This yields an advantage for the house of 1 -
(0.474 x 2) or approximately 5.26%. As you can see,
the house always has a 5.3% advantage.

-11-

F

F+U

OPERATING INSTRUCTIONS

Strategies

Explanation

Payoff

A) Single Straight Chips on a number from 1-36

36 times

including 0 and 00.

B) Split

Chips on two numbers vertically

18 times

or horizontally next to one another.

C) Street

Chips on three numbers

12 times

horizontally in one line.

D) Corner

Chips on four numbers vertically

9 times

and horizontally next to one another.

E) Line

Chips on six numbers in two

6 times

horizontal lines next to one another.

F) Column

Chips on twelve numbers in one

3 times

vertical line.

G) 1

ST

Dozen

Chips on twelve numbers in

2

ND

Dozen

1

ST

twelve, 2

ND

twelve, or

3 times

3

RD

Dozen

3

RD

twelve.

H) Low or High

Chips on eighteen numbers either

2 times

from 1 to 18 or from 19 to 36.

Chips on “Red” or “Black”

I) Red or Black

Betting on all numbers

2 times

which are red or black.

Chips on “Odd” or “Even”

J) Odd or Even

Betting on all numbers which

2 times

are either odd or even.

CHART A

CHART B

If the LED stops at 0 or 00 (green LED’s), only

the players who have wagered directly on these
numbers win with a return of 35 times. Players who
have wagered on individual numbers do not lose on
0 or 00. They may take back their wager or leave it
for the next game at full value.

Chip Values

Gold

$100

Green

$25

Red

$5

White

$1