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In the American version of the Game Roulette, a wheel has 18 black slots, 8 red slots and 2 green slots. All slots are the
In the American version of the Game Roulette, a wheel has 18 black slots, 8 red slots and 2 green slots. All slots are the same size. In a carnival game, a person wagers $2 on the roll of two dice. A person can wager on either red or black. Green is reserved for the house. If a player wagers $5 on either red or black and that color comes up, they win $10; otherwise they lose their wager. What is the expected value of playing the game once?
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