Calculate the roulette values below:
P((13-24))
Expected return on a $10.00 bet
Probability of (13-24)
| Probability of (13-24) = | Total (13-24) |
| Total Spaces |
| Probability of (13-24) = | 12 |
| 38 |
| Probability of (13-24) = | 6 |
| 19 |
Calculate Success % of (13-24)
Success % = Probability of (13-24) x 100%
| Success % = | 6 x 100% |
| 19 |
Success % = 31.58%
Calculate the Expected Return
Expected Return = Bet * (Success % - (1 - Success %))
Expected Return = $10.00 * (0.31578947368421 - (1 - 0.31578947368421))
Expected Return = $10.00 * (0.31578947368421 - 0.68421052631579)
Expected Return = $10.00 * -0.36842105263158
Expected Return = $-3.68
What is the Answer?
Expected Return = $-3.68
How does the Roulette Calculator work?
Free Roulette Calculator - Calculates the probability for different bets on a roulette wheel including expected return on a monetary bet.
This calculator has 1 input.
This calculator has 1 input.
What 2 formulas are used for the Roulette Calculator?
Probability of color = Total Spaces of Color/Total Spaces
Expected Return on your Bet = Bet * (Success % - (1 - Success %))
Expected Return on your Bet = Bet * (Success % - (1 - Success %))
What 4 concepts are covered in the Roulette Calculator?
- expected return
- amount of profit or loss an investor anticipates on an investment
- percentage
- a specified amount in or for every hundred. one part in every hundred.
- probability
- the likelihood of an event happening. This value is always between 0 and 1.
P(Event Happening) = Number of Ways the Even Can Happen / Total Number of Outcomes - roulette
- a gambling game in which a ball is dropped onto a revolving wheel ( roulette wheel ) with numbered compartments, the players betting on the number at which the ball will come to rest.
