Find the outcome of the bets in roulette, given the results listed: How much must you bet on a single-number to be able to win at least $100? (Bets must be in $1 increments).
Find the outcome of the bets in roulette, given the results listed: How much must you bet on a single-number to be able to win at least $100? (Bets must be in $1 increments).
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.CR: Chapter Review
Problem 80E
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Question
Find the outcome of the bets in roulette, given the results listed:
How much must you bet on a single-number to be able to win at least $100? (Bets must be in $1 increments).
Expert Solution
Step 1
If there is a bet of on a single number, then since it has got 35 odds against winning (35:1), if there is a win then the winning amount would be .
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