1 38 In the game of roulette a player can place a 9 bet on...
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1 38 In the game of roulette a player can place a 9 bet on the number 33 and have a probability of winning If the metal ball lands on 33 the player gets to keep the 9 paid to play the game and the player awarded an additional 315 Otherwise the player is awarded nothing and the casino takes the player s 9 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 Round to the nearest cent as needed The player would expect to lose about Round to the nearest cent as needed
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