Roulette In the game of roulette, a player can place a $5 bet on the number 17 and have
Chapter 6, Problem 31(choose chapter or problem)
Roulette In the game of roulette, a player can place a $5 bet on the number 17 and have a 1 38 probability of winning. If the metal ball lands on 17, the player wins $175. Otherwise, the casino takes the players $5. What is the expected value of the game to the player? If you played the game 1000 times, how much would you expect to lose?
Unfortunately, we don't have that question answered yet. But you can get it answered in just 5 hours by Logging in or Becoming a subscriber.
Becoming a subscriber
Or look for another answer