The game of roulette is popular in many casinos around the world. In Las Vegas, a typical

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The game of roulette is popular in many casinos around the world. In Las Vegas, a typical roulette wheel has the numbers 1–36 in slots on the wheel.

Half of these slots are red, and the other half are black. In the United States, the roulette wheel typically also has the numbers 0 (zero) and 00 (double zero), and both of these are on the wheel in green slots. Thus, there are 38 slots on the wheel. The dealer spins the wheel and sends a small ball in the opposite direction of the spinning wheel. As the wheel slows, the ball falls into one of the slots, and that is the winning number and color. One of the bets available is simply red or black, for which the odds are 1 to

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Quantitative Analysis For Management

ISBN: 9781292217659

13th Global Edition

Authors: Barry Render, Ralph M. Stair, Michael Hanna, Trevor Hale

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