The odds of betting on either odd or even number in roulette

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There are so many players who would prefer to place their bet on either odd or even numbers at roulette table. If you are betting on wether the number should be odd or it should be even new, the chances of winning is nearly 50% but you will have a smaller payout. The odds are 1 to 1 with a payout of 1 to 1. Understanding the nitty gritty of the roulette game is crucial and this is one of the knowledge you must get acquainted with.