Re: Putting it on red
Slightly sloppy wording on my part, apologies.
If the ball lands on red, you get 200% back, if it lands on black you get 0%. Assuming a fair wheel, there will be an approximately equal number of red and black results, so you will get back approximately 100% of the original money over time, minus only the 0 and 00 results which is the profit for the house.
GJC