Expected Value and Long-Term Performance
MathematicsEvery roulette bet has a negative expected value for the player due to the house edge. This means that over extended play, mathematically, players will lose money. Expected value is calculated by multiplying the probability of winning by the payout, then subtracting the probability of losing multiplied by the stake. Understanding this fundamental concept is essential for making informed decisions about gambling behavior. No strategy can eliminate the house edge—it's an inherent feature of the game.