When playing roulette at a casino, a gambler is trying to decide whether to bet $5 on the number 30 or to bet $5 that the outcome is any one of the three possibilities 00, 0, or 1. The gambler knows that 35 of making a net profit of $15 and a probability of losing $5 38 the expected value of the $5 bet for a single number is - 26. For the $5 bet that the outcome is 00, 0, or 1, there is a probability of a. Find the expected value for the $5 bet that the outcome is 00, 0, or 1 3 38 b. Which bet is better a $5 bet on the number 30 or a $5 bet that the outcome is any one of the numbers 00, 0, or 1? Why? a. The expected value is $ (Round to the nearest cent as needed.)