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In the game of roulette, a player can place a $5 bet on the number 31 and have a 38probability of winning. If the metal ball lands on 31 , the player gets to keep the $5 paid to play the game and the player is awarded an additional $175. Otherwise, the player is awarded nothing and the casino takes the player's $5. 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? The expected value is $

User Ironic
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1 Answer

6 votes

Answer:

-4.34. If you played the game 1000 times, you would expect to lose $4340.

Explanation:

User Robino
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