In a large casino, the house wins on its blackjack tables with a probability of

50.6%.

All bets at blackjack are 1 to 1if you win, you gain the amount you bet; if you lose, you lose the amount you bet.

a. What is the expected value to you of a single game? What is the house edge?

b. If you played 150 games of blackjack in an evening, betting $4 on each hand, how much should you expect to win or lose?

c. If patrons bet $9,000,000 on blackjack in one evening, how much should the casino expect to earn?