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Janelle is playing craps and places a $5 bet on the number 8 with a probability of winning at 536. However, the probability of losing

Janelle is playing craps and places a $5 bet on the number 8 with a probability of winning at 536. However, the probability of losing is 16 and happens if a 7 is rolled. Any other number rolled means she doesn't win or lose and the game continues. If an 8 is rolled, she will win $6 (and keep her initial bet) but if a 7 is rolled, she loses all $5. What is the expected value for Janelle on a roll in this game of craps?

Round to the nearest cent. Do not round until the final calculation.

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