The house edge is 2.70%. On average a gambler would lose 2.7% of his stake per game. Of course, on any one game he would either win or lose, but this is the

long termexpectation. Another way of looking at this is to say that the Return To Player (RTP) is 97.3%, which means that on average a gambler would get back 97.3% of his stake on every game.Below are the results of a simulation of 100 gamblers betting on even numbers. Each starts with an initial capital of 100. The red line represents the average for the cohort. After 1000 games two gamblers have lost all of their money. Of the remaining 98 players, only 24 have made money while the rest have lost some portion of their initial capital.

This is a very interesting article if you’re interested in basic statistics. 13-year-old Onion article of note.

Kevin Feasel

2016-08-11

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