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A modified roulette wheel has 44 slots. One slot is 0, another is 00, and the others are numbered 1 through 42, respectively. You are

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A modified roulette wheel has 44 slots. One slot is 0, another is 00, and the others are numbered 1 through 42, respectively. You are placing a bet that the outcome is an odd number. (In roulette, 0 and 00 are neither odd nor even.) a. What is your probability of winning? The probability of winning is (Type an integer or a simplified fraction.) b. What are the actual odds against winning? The actual odds against winning are: c. When you bet that the outcome is an odd number, the payoff odds are 1:1. How much profit do you make if you bet $18 and win? If you win, the payoff is $ d. How much profit should you make on the $18 bet if you could somehow convince the casino to change its payoff odds so that they are the same as the actual odds against winning? $ (Round to the nearest cent as needed.)

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