Asked by Mary Ann

What is the expectation for the $1 bets on a U.S. roulette wheel? See the figure. (Round your answer to the nearest cent.)
Three-number bet

Thank you
Answered by Anonymous
Using the figure, It say this type of bet pays 11 to 1. So the answer equals $11(3/38)+($-1)(35/38)-$0= -0.0526. Which rounds to -0.05.
Answered by Anonymous
what about a six number bet?
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