I've also concluded that the lowest chance (and highest variance) is the best strategy. Even though the expected value is the same for all options, as another c

I've also concluded that the lowest chance (and highest variance) is the best strategy. Even though the expected value is the same for all options, as another comment says. This means that in a real life casino roulette one should bet (the minimum bet) on a single number and stop after the first win (or after running out of money).