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An American roulette wheel has 38 spaces and if a player wins they keep their bet. Suppose that a $10.00 bet on a single



 


An American roulette wheel has 38 spaces and if a player wins they keep their bet. Suppose that a $10.00 bet on a single space wins $350.00 if the space is landed on and, otherwise, the player wins nothing. What is the expected value of this bet from the casino's standpoint? Round your answer to the nearest cent.

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