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What Are the Odds of Winning in Roulette with Different Betting Strategies?

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by (120 points)
If Alice bets $1 repeatedly on red in roulette and Bob bets $100 once on red, who has a better chance of winning $100?

1 Answer

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by (340 points)
Bob has a roughly 47.4% chance of winning $100 since he's betting once, while Alice has a significantly lower chance, at 0.00265%, of winning $100 by betting $1 repeatedly due to the need for a higher number of wins over losses.
Question2Answer fatal error:

Reading one value from empty results

Stack trace:

require() in index.php:27
require() in qa-index.php:189
qa_output_content() in qa-page.php:53
html() in page.php:359
body() in qa-theme-base.php:271
body_content() in qa-theme-base.php:391
main() in qa-theme.php:264
main_parts() in qa-theme-base.php:727
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main_part() in qa-theme-base.php:836
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a_item_content() in qa-theme.php:554
getVideoIdFromDb() in qa-base.php(720) : eval()'d code:42
qa_db_read_one_value() in qa-base.php(720) : eval()'d code:73