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
Five-number 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 36 113 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: 33% (3 reviews)
To determine the expectation for the 1 bets on a US roulette wheel specifically for the fivenumber b...View the full answer
Answered By
PALASH JHANWAR
I am a Chartered Accountant with AIR 45 in CA - IPCC. I am a Merit Holder ( B.Com ). The following is my educational details.
PLEASE ACCESS MY RESUME FROM THE FOLLOWING LINK: https://drive.google.com/file/d/1hYR1uch-ff6MRC_cDB07K6VqY9kQ3SFL/view?usp=sharing
3.80+
3+ 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 Single-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...
-
Answer the following question based on the information presented for Cloud 9 in the appendix to this text and the current and earlier chapters. You should also consider your answers to the case study...
-
Reconsider the data in Exercise 6-76. Construct normal probability plots for two groups of the data: the first 40 and the last 40 observations. Construct both plots on the same axes. What tentative...
-
What are some examples of prominent interorganizational networks in your local community?
-
When you calculate the number of combinations of r objects taken from a group of n objects, what are you counting? Give an example. True or False? In Exercises 36, determine whether the statement is...
-
1. What is the basis for the determination that an employer should or should not be required to test applicants on an individual basis? 2. Should an employer have available as a defense that the cost...
-
Exercise 20-6 Yard Tools manufactures lawnmowers, weed-trimmers, and chainsaws. Its sales mix and unit contribution marginare as follows. Unit Contribution Sales Mix Lawnmowers 20% Weed-trimmers 50%...
-
What is the expectation for the \(\$ 1\) bets in Problems 21-30 on a U.S. roulette wheel? See Figure 13.8 Column 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 34...
-
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...
-
The following is the summarised Trading and Profit and Loss A/c of K. Waterproof Manufactures, Ltd., for the year ending 31st march, 2007 in which year 800 waterproofs were sold by the said company....
-
Photon Technologies, Inc., a manufacturer of batteries for mobile phones, signed a contract with a large electronics manufacturer to produce three models of lithium-ion battery packs for a new line...
-
Mastery Problem: Capital Investment Analysis HomeGrown Company HomeGrown Company is a chain of grocery stores that are similar to indoor farmer's markets, providing fresh, local produce, meats, and...
-
McDonald's and CSR There more than 32,000 restaurants around the world (www.aboutmcdonalds.com/etc/medialib/csr/docs. that carry the McDonald's label and logo. As such, they...
-
Smartwatch Based on a survey by Consumer Technology Association, smartwatches are used in 18% of U.S. households. Find the probability that a randomly selected U.S. household has no smartwatches.
-
Suppose you wanted to purchase a commercial real estate property thats valued at $ 1 , 0 0 0 , 0 0 0 . You could secure financing from a traditional bank, which provides you with $ 7 5 0 , 0 0 0 ....
-
To determine whether extra personnel are needed for the day, the owners of a water adventure park would like to find a model that would allow them to predict the day's attendance each morning before...
-
Uniform electric field in Figure a uniform electric field is directed out of the page within a circular region of radius R = 3.00 cm. The magnitude of the electric field is given by E = (4.50 x 10-3...
-
Write reagents (a, b, c, d, e) where they have been omitted from the following synthetic sequence. Each letter may correspond to one or more reaction steps. This sequence is the beginning of a...
-
When 2-methylcyclopentanone is treated with the bulky base triphenylmethyllithium under the two sets of conditions shown, the two possible enolates are generated in differing ratios. Why is this so?...
-
When 3-methyl-1,3-diphenyl-2-butanone is treated with excess D2O in the presence of catalytic acid, some of its hydrogens are replaced by deuterium. How many? (a) One; (b) Two; (c) Three; (d) Six;...
-
C0 = 10.648148 b) ( 4 Marks ) As of now, Given the above conditions on the option, what is the intrinsic value of the call option? What is the time value of the call option?
-
interest revenue 19,500 retained earning,end 5,000 selling expenses 145,00 prepaid insurance 20,000 loss and disposal of a business (discountied),net 28,000 income from operation 140,000 unearned...
-
cost that do not extend the acid capacity or it's useful life, but merely maintained the assd, or restore it to working order are recorded as losses True or False
Study smarter with the SolutionInn App