A bet on "black" in Roulette has a probability of 18/38 of winning.If you win, you double your money.You can bet anywhere from $1 to $100 on each spin.

a. Suppose you have $10, and are going to play until you go broke or have $20.What is your best strategy for playing? Explain using information you learned in this module's material, such as expected value.

b. Suppose you have $10, and are going to play until you go broke or have $30.What is your best strategy for playing? Explainusing information you learned in this module's material,such as expected value.