Question
Of all the table games in a casino, roulette is among the most unfair. If the gambler bets $10 on red and wins, the payout
Of all the table games in a casino, roulette is among the most unfair. If the gambler bets $10 on red and wins, the payout is 2 : 1. The problem is that the fair odds are 19 : 9. What is the expected value of the gambler's bet?
- $0.00
- $9.12
- $9.47
- $10.00
- $10.53
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Finite Mathematics and Its Applications
Authors: Larry J. Goldstein, David I. Schneider, Martha J. Siegel, Steven Hair
12th edition
978-0134768588, 9780134437767, 134768582, 134437764, 978-0134768632
