Refer to Problem 3-33 for details about the game of roulette. Another bet in a roulette game is called a

“straight up” bet, which means that the player is betting that the winning number will be the number that she chose. In a game with 0 and 00, there is a total of 38 possible outcomes (the numbers 1 to 36 plus 0 and 00), and each of these has the same chance of occurring. The payout on this type of bet is 35 to 1, which means the player is paid 35 and gets to keep the original bet. If a player bets $10 on the number 7 (or any single number), what is the expected monetary value (expected win)?