Reply to post: Re: Putting it on red

$10m of Bangladeshi SWIFT heist ended up in Filipino Casino

Geoff Campbell Silver badge

Re: Putting it on red

It's better than that. Putting it all on red in small-ish batches gives close to 100% return of clean money, because each winning bet returns the stake plus the same in winnings. The only losses are when the ball lands in 0 or 00 (for those houses that like a little extra), so either 1/37 or 2/38.

Mind you, I've always wondered about this. Why not just wander into the casino, change the cash into chips, have a couple of drinks, then change the chips back into cash? Same effect, zero loss.

GJC

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