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Thanks for all the responses. Out of curiosity I threw together a quick simulator to try out different variations.
https://roulette-test.netlify.app/
Needless to say, you usually blow everything you came in with:
This is good.
For example, with a million dollar pot and tripling the bet, usually less than 1000 games is safe, you'll win a small percentage over the initial amount.
But sometimes...
Lol, looks terrible on mobile, just updated it to look nicer