Suppose you make a $5 bet on the number 0 on a roulette wheel with 38...
Suppose you make a $5 bet on the number 0 on a roulette wheel with 38 slots labeled 00, 0, 1, 2, 3, ... , 36. If 0 is spun, you win a net gain of $175. If a 0 is not spun you lose the $5 bet. If you spin the wheel 50 times, how much money can you expect to gain or lose?
Homework Answers
Hello Sir/ Mam
YOUR REQUIRED ANSWER IS -$13.16
Given that we bet on number 0.
Hence,
Now,
If we spin 50 times,
I hope this solves your doubt.
Feel free to comment if you still have any query or need something else. I'll help asap.
Do give a thumbs up if you find this helpful.
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Suppose you make a $5 bet on the number 0 on a roulette wheel
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