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Glossary · math

Break-even

The point where a bet’s expected value is exactly zero, so neither side has an edge. Usually a payout or a jackpot size.

In context

Set “what you expect to win” equal to “what you expect to lose” and solve for the unknown. For a jackpot bet, every dollar of jackpot above that level is player edge.

Did you know

Every standard roulette bet breaks even on a wheel with no zeroswheelZeroThe single green pocket that no even-money, dozen or column bet covers; the source of the house edge. Also: single zero, 0.Read full →. Bob Stupak’s zero-free Polish Roulette in 1980s Las Vegas was such a game, which is why its limit was $5.

Related terms

MathematicsExpected ValueVariationsRoulette Side Bets
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