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American Roulette Payouts & Odds European Roulette Payouts & Odds French Roulette Payouts & Odds Roulette Bet Types Explained Roulette HouseSo how do roulette payouts and odds work? Roulette has a consistent house edge and straightforward odds. You’ll learn everything you need to... 'Wizard of Odds' Uses Math To Beat the Casinos Michael Shackleford is better known as the Wizard of Odds. Shackleford, a trained actuary (a business professional who assesses risk and its financialQ: How do those odds compare with roulette? A: Oh, they're much worse. You can expect to lose 50 percent of everything that you bet on a lottery... Martingale Betting System -- The Pros & Cons Simple: The Wizard's only criteria for the worth of a system is whether it beats the house edge in the long run.European roulette wheels offer better odds than American roulette wheels. American wheels contain both a 0 and a 00, while European wheels have just the 0. The house edge on a...

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