if you have house edge of 1% then on 2x there should be roll over 5050 not 5049 and roll under is ok 4950
thats 1 small mistake

The current setting "over 5049" is indeed correct, as the possible outcome is 0000 - 9999.
You will win with "under 4950" if your number is 0000 - 4949, and the chance is 49.5% exactly.
You will win with "over 5049" if your number is 5050 - 9999, and the chance is exactly 49.5% as well.