What is the expectation for the ($ 1) bets in Problems 21-30 on a U.S. roulette wheel?
Question:
What is the expectation for the \(\$ 1\) bets in Problems 21-30 on a U.S. roulette wheel? See Figure 13.8
Column bet
Transcribed Image Text:
4 16 33 1 20 14 31 9 22 18 29 28 12 35 3 26 0 32 15 19 4 21 2 25: 4 21 2 25 17 34 6 27 13 36 11 3 EE 91 +39 00 01 82 8 Here is how bets are placed on the roulette table. 0 & 00 Split Pays 17 to 1 Single 0 or Double 00 Played the same as single number bets. Pays 35 to 1 Even Money Bets Black, Red, Even, Odd, 1 to 18, 19 to 36. Pays 1 to 1 Twelve Numbers or Section Bets Covers all 12 numbers in that section. Pays 2 to 1 0 to 00 Split Place bet here for convenience. Pays 17 to 1 Column Bets Covers each column of 12 numbers. Pays 2 to 1 1 TO 18 EVEN ODD 19 TO 36 1ST 12 2ND 12 3RD 12 00 2 3 4 5 6 78 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 2 TO 1 2 TO 1 2 TO 1 Five Numbers Covers 0, 00, 1, 2, 3, only. Pays 6 to 1 Single Number Play any straight up number, including 0 or 00. Pays 35 to 1 Two Numbers or Split Covers both numbers. Pays 17 to 1 Three Numbers Covers the three numbers across (example: 16, 17, 18). Pays 11 to 11 Four Numbers Covers four joining numbers. Pays 8 to 1 Six Numbers Covers six numbers across. Pays 5 to 1 FIGURE 13.8 U.S. roulette wheel and board
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 0% (2 reviews)
In the context of a US roulette wheel expectation refers to the expected value of a bet which is a m...View the full answer
Answered By
Muhammad Rehan
Enjoy testing and can find bugs easily and help improve the product quality.
4.70+
10+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Sciences questions
-
What is the expectation for the \(\$ 1\) bets in Problems 21-30 on a U.S. roulette wheel? See Figure 13.8 Twelve-number bet 4 16 33 1 20 14 31 9 22 18 29 28 12 35 3 26 0 32 15 19 4 21 2 25: 4 21 2 25...
-
What is the expectation for the \(\$ 1\) bets in Problems 21-30 on a U.S. roulette wheel? See Figure 13.8 Six-number bet 4 16 33 1 20 14 31 9 22 18 29 28 12 35 3 26 0 32 15 19 4 21 2 25: 4 21 2 25 17...
-
What is the expectation for the \(\$ 1\) bets in Problems 21-30 on a U.S. roulette wheel? See Figure 13.8 Five-number bet 4 16 33 1 20 14 31 9 22 18 29 28 12 35 3 26 0 32 15 19 4 21 2 25: 4 21 2 25...
-
Allison is paid $1,520 per week. What is the amount of federal income tax withheld from Allisons paycheck under the following conditions? Use the percentage method table in the Appendix to this...
-
For a normal population with known variance 2, answer the following questions: (a) What is the confidence level for the interval x 2.14/n? (b) What is the confidence level for the interval x ...
-
What would your payment be on a 10-year, $150,000 loan at 10% interest compounded semiannually assuming the payments are made annually?
-
Millard, Inc., sold 68,000 computer printers last year with the following results. Complete each of the following instructions independently of the others. Instructions: 1. Millard projects that it...
-
Astro Corporation was started with the issue of 2,000 shares of $5 par stock for cash on January 1, 2016. The stock was issued at a market price of $12 per share. During 2016, the company earned...
-
RoboTech is at a crossroads. Based upon the information in the case, how should the company move forward into 2017 and beyond? Which, if any, of the proposed capital investments (outlined under the...
-
Consider the spinners in Problems 31-34. Determine which represent fair games. Assume that the cost to spin the wheel once is \(\$ 5.00\) and that you will receive the amount shown on the spinner...
-
What is the expectation for the \(\$ 1\) bets in Problems 21-30 on a U.S. roulette wheel? See Figure 13.8 Four-number bet 4 16 33 1 20 14 31 9 22 18 29 28 12 35 3 26 0 32 15 19 4 21 2 25: 4 21 2 25...
-
a. What is the quantity of Newfoundland cod fish that fishers catch and the price of Newfoundland cod fish? Is the Newfoundland cod fish stock being used efficiently? Explain why or why not. b. What...
-
define a K-NN model IN PYTHON please 3. Define a K-NN model (1% total grade) Write code to define a K-NN regression model with K-5 and the neighbors are weighted by the inverse of their distance....
-
In regard to products produced by Apple Corp,please supply an example of 3products made by this corporation that could be considered to be joint products.Explain why they are consideredto be joint...
-
Shadee Corporation expects to sell 6 4 0 sun shades in May and 4 5 0 in June. Each shade sells for $ 1 5 2 . Shadee s beginning and ending finished goods inventories for May are 6 0 and 4 5 shades,...
-
Why is the number of strategic alliances increasing while vertical integration is decreasing? Discuss.
-
Sparrow Company uses the retail inventory method to estimate ending inventory and cost of goods sold. Data for 2024 are as follows: Beginning inventory Cost $ 82,000 Retail $ 172,000 Purchases...
-
Included in the December 31, 2013, inventory of the Wholeridge Supply Company are 2,600 deluxe ring binders in the amount of $5,902. An examination of the most recent acquisitions of binders showed...
-
In muscle tissue, the ratio of phosphorylase a to phosphorylase b determines the rate of conversion of glycogen to glucose 1phosphate. Classify how each event affects the rate of glycogen breakdown...
-
Write the products of each of the following reactions after aqueous work-up. (e) Write the results that you expect from base treatment of the products of reactions (c) and (d). LDA, THE (a) CH;CCH; +...
-
Write the final products of the following reaction sequences. (a) (b) (c) (d) Write a detailed mechanism for reaction sequence (c). NaOCH, CH,O, O + CH2=CHCCH3
-
Propose syntheses of the following compounds by using Michael additions followed by aldol condensations (i.e., Robinson annulation). Each of the compounds shown has been instrumental in one or more...
-
Pettijohn Inc. The balance sheet and income statement shown below are for Pettijohn Inc. Note that the firm has no amortization charges, it does not lease any assets, none of its debt must be retired...
-
hat is the purpose of the trial balance in accounting? 2. What is the difference between cash basis accounting and accrual basis accounting? 3. How are depreciation and amortization different in...
-
Firm D is considering investing $ 4 0 0 , 0 0 0 cash in a three - year project with the following cash flows. Use Appendix A and Appendix B . Year 0 Year 1 Year 2 Investment / return of investment $...
Study smarter with the SolutionInn App