The possibility of winning big on a single spin of roulette sets hearts racing all over the world. Everyone knows that the house always wins in the end, or at least that casinos make tons of money somehow. But where does the house edge come from?
In this lesson, students examine the betting and gameplay of roulette to learn about
probabilities and
odds. They investigate a “fair” game, where each side can expect to break even in the long run… and then understand how casinos get their mathematical advantage.