Advantages of Betting on Red or Black in Roulette

M

Mike_25

Guest
Are betting on red or black in roulette the simplest yet wisest bets you can make? I think there are a few advantages. First since nearly half the numbers are red and half black,your odds of winning almost every other spin is quite high at 47%. Second,the bets have low house edge of only 1.35% which means you lose very little over time if any.Third these bets are extremely easy to place and you don't need to understand the roulette table. However there is also the disadvantage of lower win amounts for same bet size.
 
Taking into account the green pockets, betting on red or black yields odds that are about equal. Due to the green 0 pocket, the odds of winning in European roulette with a single zero are roughly 48.6%. The odds are significantly lower in American roulette with both a 0 and a 00. Those looking for a well balanced chance of success will find it appealing due to the near to 50% likelihood of winning.
 
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