Calculate the roulette values below:
P(Black)
Expected return on a $10.00 bet
Probability of Black
Probability of Black = | Total Black |
| Total Spaces |
Probability of Black = | 18 |
| 38 |
Probability of Black = | 9 |
| 19 |
Calculate Success % of Black
Success % = Probability of Black x 100%
Success % = 47.37%
Calculate the Expected Return
Expected Return = Bet * (Success % - (1 - Success %))
Expected Return = $10.00 * (0.47368421052632 - (1 - 0.47368421052632))
Expected Return = $10.00 * (0.47368421052632 - 0.52631578947368)
Expected Return = $10.00 * -0.052631578947369
Expected Return = $-0.53
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.
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 %))
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.