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January 3rd, 2019, 07:31 PM  #11 
Global Moderator Joined: Dec 2006 Posts: 20,747 Thanks: 2133 
If you make many bets, you increase your chance of winning (something) at least once. It's easier to think in terms of your expected loss as a percentage of the total amount of your bets, as this percentage is always exactly equivalent to the house edge.

January 7th, 2019, 04:25 PM  #12 
Newbie Joined: Dec 2018 From: IL Posts: 4 Thanks: 0 
Romsek, what if we try not 7 but 14 spins on the street? Will it come close to 0.552632? Thank you 

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bet, probability, roulette, street 
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