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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
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.) (Type an integer or a simplified fraction.) b. What are the actual odds against winning? The actual odds against winning are 23:21. 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 $19 and win? If you win, the payoff is $19. d. How much profit should you make on the $19 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? s(Round to the nearest cent as needed.)
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