player can "bet on a line" by placing a chip at location A in the figure to the right. By placing the chip at A, the player is betting on 1, 2, 3, 0, and 00. This bet pays 2.5 to 1, which means that if a player wins, the player wins 2.5 dollars as well as keeping his or her bet. When the player loses, he or she loses $1. Recall that there are 38 numbers on a roulette wheel. Determine the expected value of betting on the roulette wheel

player can "bet on a line" by placing a chip at location A in the figure to the right. By placing the chip at A, the player is betting on 1, 2, 3, 0, and 00. This bet pays 2.5 to 1, which means that if a player wins, the player wins 2.5 dollars as well as keeping his or her bet. When the player loses, he or she loses $1. Recall that there are 38 numbers on a roulette wheel. Determine the expected value of betting on the roulette wheel

Holt Mcdougal Larson Pre-algebra: Student Edition 2012

1st Edition

ISBN:9780547587776

Author:HOLT MCDOUGAL

Publisher:HOLT MCDOUGAL

Chapter6: Ratio, Proportion, And Probability

Section: Chapter Questions

Problem 31CR

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