TWO DOZEN BET Roulette STRATEGY
As we all know, in LIVE Roulette there are 3 dozens: 1st dozen (1-12) 2nd dozen (13-24) and 3rd dozed (25-36). If you bet 1 chip on any one of these the payoff is 2-1 (you will win 2 chips).
So why don't you just bet 1 chip on any 2 dozens ex: put 1 chip on 2nd dozen and 1 chip on 3rd dozen, this way you are covering almost 66% percent (a little less cause of the 0 and 00) of the numbers on the roulette wheel. Now if the 2nd or 3rd dozen hits, you lose one of your bets and win 2 on the other bet, leaving you with a 1 chip profit.
PROBLEM: I realized this right away and I'm surprised how many people DO NOT know the following: Let me first say your chance of winning like this IS higher than your chance of losing BUT: let's simply examine this rationally using the above example: my example will leave out the 0's just to give you the gist in an easy to understand way:
Ok your 2nd and 3rd dozen bet has a 66% chance of winning, so you have a 66% chance of winning 1 chip and a 33% chance of losing 2 chips Out of 100 bets (over the long run) you will win 66 chips and lose 66chips (33 * 2), looks like an even money bet to me!!!(in the long run). And remember you lose 2 chips if either a green 0 or 00 comes up so by betting 2 dozens, you are getting a chance that is LESS than a Banker or Player bet in Baccarat. Bet you didn't know that!
The 2 dozen + 2 column bet
In this "genius" bet(usually placed by bums), you put 1 chip on any 2 dozens and 1 chip on any 2 columns ex: 1 chip on 3rd dozen, 1 chip on 2nd dozen, 1 chip on 1st column and 1 chip on center column. The advantages that this bet has, is that if one of your column AND one of your dozen's hit's you are up 2 chips and only 10 numbers on the board make you lose all your 4 chips.
PROBLEM: I'm not going into the analysis of each losing situation but if you take what you win each time as opposed to what you lose over a 100 spins,(assuming every number on the wheel hits equally) you will see the disadvantages like let's say the 3rd column hits in the 2nd dozen, using my above example, even though you have the 2nd dozen covered, you are still DOWN one chip after your payout.
This one is Ok for a one spin quick profit, but it is very risky, it's very big advantage is that you can cover and amazing 32 numbers out of 38! This is what you do: you place 9 chips on Low(1-18) and 6 chips on 3rd dozen and 1 chip on any split number that's left, or that you want choose between: 0, 00, 19, 20, 21, 22, 23, 24. You now make 2 chips per win, but if the 6 numbers that make you lose hit, you lose all 16 of your chips
PROBLEM: You are risking 16 chips to make 2 chips, so you have to really be lucky that the ball will NOT land on any one of the 6 numbers that kill all your bets. Given those evil green zero's I would advise putting the split on the 0-00, that way when it hit's you still make your 2 chips.