Using the scatter graph which gkd linked to above, tt would be tempting to bet on number 9 on the graphs x-axis since it has the highest frequences. However, that i likely mostly due to chance and will not continue. For reliability, one should choose a zone with consistent above average odds. Here are two examples:
30/50 or 60% of the winning numbers are concentrated to 12/37 of the wheel (between 6 and 19 on the graphs x-axis). This means that each of those numbers on average have 60%/12 = 5% probability to win. With 36 times the money, one gets 5% * 36 = 80% positive return on all bets there in the long run!
18/50 or 36% of the winning numbers were concentrated to 6/37 of the wheel (between 12 and 17 on the graphs x-axis). This means that each of those numbers on average have 36%/6 = 6% probability to win. With 36 times the money, one gets a whopping 6% * 36 = 116% positive return on all bets put there in the long run!
Note that I assume betting on only one single number at a time. Note that this means great risk, in spite of the great odds! In the first example one could loose all 50 times in a row if one bet on number 7 on the x-axis (one out of twelve). In the second example one could have won only once, netting a loss of 14 times the unit bet, by betting on number 14 on the x-axis (one out of six, right in the center of the big peak).
While I certainly would like a greater sample than just 50 spinns, I will use the scatter given by gdk to put up a risk management model where risk and profit can be traded off against each others by betting on several numbers simultaneously.
It would be nice if the scatter could be approximized with a parametric distribution like the normal distribution. However, it has often been stated that the distribution is multipolar with a minor peak opposite to the major peak, as is also suggested from the scatter graph in this example. The ball might well find it easier to jump over the center of the wheel to an opposite position, than to a number say 90 degrees away, so it can make sense.
However, once the prognosis is ready, there cannot remain much time before NMB. And then one must identify the neighboring numbers and bet on them. Betting on 10+ numbers might not be practically realistic (but on the other hand, it can’t be difficult to learn the sequence of numbers on the wheel by heart).