Mathematics, 03.08.2019 02:20 constipatedcow18

In the game of roulette, a player can place a $4 bet on the number 29 and have a 1/38 probability of winning. if the metal ball lands on 29, the player gets to keep the $4 paid to play the game and the player is awarded an additional $140. otherwise, the player is awarded nothing and the casino takes the player's $4. 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?

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In the game of roulette, a player can place a $4 bet on the number 29 and have a 1/38 probability of...

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