This has probably been discussed years ago, but is it True or False?

Ion Saliu’s

Fundamental Formula of Gambling (FFG)

AMERICAN WHEEL

N = log(1 -DC)/log(1 -p) When DC = 2/3 (66.6%) and p = 1/38

log(1 -DC) = log(1 -2/3) = log(1 - .66666) = log(.33334) = -0.4771

log(1 -p) = log(1 -1/38) = log(1 - .02631) = log(.97369) = -0.0115

N = -.47711/-.011579 = 41.2 = 42

There is a 66.6% (2 in 3) chance that each roulette number will repeat after 42 spins. Equivalently, there is a 66.6% chance that the next spin will be a number that also appeared within the last 42 spins.

EUROPEAN WHEEL

N = log(1 -DC)/log(1 -p) When DC = 2/3 (66.6%) and p = 1/37

log(1 -DC) = log(1 -2/3) = log(1 - .66666) = log(.33334) = -0.47711

log(1 -p) = log(1 -1/37) = log(1 - .027027) = log(.97297) = -0.01189

N = -.47711/-.011899 = 40.09 = 40

There is a 66.6% (2 in 3) chance that each roulette number will repeat after 40 spins. Equivalently, there is a 66.6% chance that the next spin will be a number that also appeared within the last 40 spins.

TRUE? or FALSE?