Originally Posted by Tasha View Post
Originally Posted by jbjb View Post
Originally Posted by Tasha View Post

Paying 500 to 1 is an awesome deal! Roulette has even worse odds than the 500 to 1 Lottery. Roulette is only 35 to 1 odds.
Yep, for every $1000 you spend on the lottery, you'll get $500 back. For every $1000 you spend on roulette, you get $947.40 back. I can sure see how roulette is worse.
I tend to think in terms of payout. A $1 bet on say number 10 in Roulette gives you $36. A $1 bet on say 321 straight in Pick 3 gives $500.
My odds are in 1 in 38(37 on single 0), yours are 1 in 1000. Either way, both are stupid bets. Smart gamblers, like us AP's make bets where the payoff exceeds the odds. Not the other way around as in the lottery, roulette or most any other game.