The house edge, derived from scratch
One derivation, four wheels
| Wheel | Straight-up EV | Edge |
|---|---|---|
| European | (1/37)(35) − 36/37 = −1/37 | 2.703% |
| American | (1/38)(35) − 37/38 = −2/38 | 5.263% |
| Triple-zero | (1/39)(35) − 38/39 = −3/39 | 7.692% |
| French, even-money | (18/37)(1) + (1/37)(−½) − 18/37 | 1.351% |
Edge vs hold — don’t confuse the two
Casinos report hold (share of buy-ins kept) at 15–25% for roulette — alarming next to “2.7%” until you see the mechanism: players recycle winnings, so an evening’s wagers total several times the buy-in, and 2.7% of the big number equals ~20% of the small one. Same math, two denominators. Our simulator’s meter tracks the honest one: edge on wagers.
Why no bet escapes
Combination bets are sums of standard bets, so their EVs sum too — no lattice of chips can average negative parts into a positive whole. The lone standard exception proves the rule by being worse: the American basket breaks the 36-pocket fiction in the house’s favor at 7.89%. Everything else you can do with chips is choosing variance — the SD column — at a fixed price.
Related
How other games compareOur validation of these numbersWhy systems can’t dent itTurning edge into $/hour