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Roulette Dealer Research Paper

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Most first jobs revolve around putting shopping carts back where they belong, cleaning floors or sprinkling shredded cheese onto a pizza. Mine, however, was a little outside of the box. During my junior and senior year of high school, I worked for an Atlanta-based party planning company, Monte Carlo Productions, which hosts parties for companies, groups, and a few lucky individuals whose families and friends love them enough to fork up the cash to do so. The role that I took on was being a roulette dealer. The games I hosted weren’t for real money; usually a certain amount of money would be equivalent to a raffle ticket. However, that didn’t take away from the importance that I completed my job in a professional manner. Becoming a qualified …show more content…
Roulette can be an intimidating game, because you must memorize the odds and be able to do math quickly off the top of your head. First, you must understand how the board and the odds work. The board is a three by twelve rectangle, with numbers increasing left to right from one to thirty-six. For example, row one, column one is a one. Row one, column two is a two. Row two, column one is a four and so on. The odd numbers are red and the even numbers are black. Above the rectangle with all the numbers are two squares with a zero and a double zero. There is a formula for calculating the odds and payouts if a player places a chip on a number or across multiple numbers. To calculate these payouts, you divide thirty-six, the number of squares not including the two zeroes, by the amount of squares your chip is laying on. That number gives you the odds that the roulette ball will land in your square. Then you subtract one and you have the payout for the player. One is …show more content…
Both the zero and the double zero count the same as a regular number, except they can’t be split with each other or the normal positive numbers. The payout for each of these is thirty-five times that which was placed. There are also two sets of rectangles outside of the number box, one set of which has the first, second and third twelve numbers. If a player places a chip onto the last twelve, for example, and the ball lands on any number within twenty-five and thirty-six, the final twelve numbers between one and thirty-six, the player wins. The payout, since the player has a one in three chance, is three minus one, which is two. The same logic works if the player wins when he bets on the first or second twelve. Similarly, the player can bet on the vertical rows. The player can bet that the wheel will yield a number in the first column with one, four, seven, ten, and so on, or any other column with its respective values. This has the same payout, as it has the same odds, so the dealer pays the player two times whatever they put up to bet. Finally, there’s the one to one bets. On the outside boxes of the roulette board are the fifty percent chance bets. The player can either bet the first or second eighteen numbers, even or odd, or red or black. Since the odds of winning are one out of two, the dealer subtracts one from two to get a payout of

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