Re: Risked $100, made $684 PROFIT--no work--autoplay
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Also betting $1 on black and $1 on even will increase your variance compared to just $1 on black. Since it is autoplay and you can minimize it while it is running, no reason to increase variance by betting more than the minimum.
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I don't see how betting on black and even increases your variance. They are independent bets so variance should be the same. Can anyone confirm this?
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Any time you risk more $$ per spin, variance will increase. In a nutshell if you are betting 2 different bets each spin, it gives you 2 different outcomes to "run bad" on. So if you are betting on black and even, then you could statistically hit a bad run on black and a bad run on even over the same 10,000 spins which will be higher variance than just betting $1 on black over the same 10,000 spins. The EV will stay the same of course over the "long term," but variance will increase. Make sense? I am not a huge statistician, so maybe someone else can do the math.
Halo7
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