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In the game of roulette, a player can place a $ 4 bet on the number 5 and have a 1 38 probability of winning.

In the game of roulette, a player can place a $

4 bet on the number

5 and have a

1

38

probability of winning. If the metal ball lands on

5, the player gets to keep the $

4 paid to play the game and the player is awarded an additional $

140. Otherwise, the player is awarded nothing and the casino takes the player's $

4. What is the expected value of the game to the player? If you played the game 1000 times, how much would you expect to lose?

Question content area bottomPart 1

The expected value is $

enter your response here

.

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