I think this statement is supposed to be relating to the probability of winning something on any given bet, and not necessarily the expected value of the bet.
For example, your probability of winning when betting on black is higher than betting on 12 (playing roulette). But you EV is still the same (or close).
I think roulette is an exception in that it lets you bet with fairly low odds of winning. Most other games (BJ, Slots, etc..) keep the odds of winning something closer to 50-50 on each transaction.
For example, your probability of winning when betting on black is higher than betting on 12 (playing roulette). But you EV is still the same (or close).
I think roulette is an exception in that it lets you bet with fairly low odds of winning. Most other games (BJ, Slots, etc..) keep the odds of winning something closer to 50-50 on each transaction.