In the following video I explain how the odds are calculated.
Refer to the table below after viewing the
video explanation.
The table below shows the true odds of the dice rolling a number, the
typical payout, and the advantage the casino has.
As an example, let's imagine the dice roll
exactly according to statistics, and you bet one dollar on the
number 2 (two) for 36 rolls of the dice. You will have
bet a total of $36, and the one time the dice rolled the two,
the casino paid you $30 plus your one. In this situation you
will loose $5 every 36 rolls of the dice.
You bet $36 and lost 35 times. When you won they
only gave you back $31. They WON $5 because they have a five out of 36 (5/36)
advantage = 13.88 percent.
