Friday

October 31, 2014

October 31, 2014

Posted by **Anonymous** on Sunday, October 17, 2010 at 5:32pm.

Suppose you bet $5 on a single number -- say, the number 18. The payoff on this type of bet is usually 35 to 1. What is your expected gain?

- statistics -
**PsyDAG**, Monday, October 18, 2010 at 3:16pm175(1/38) - 5(37/38) = ?

Of course, strictly speaking, you won't "win" exactly $175 on 18, because $5 of that was your original bet.

**Answer this Question**

**Related Questions**

statistics - The game of roulette uses a wheel containing 38 pockets. Thirty-six...

English - People use pockets when they eat Brussels waffles. ---------- Is this ...

Englaish - Posted by rfvv on Sunday, June 29, 2014 at 4:13pm. People use pockets...

dressmaking and design - Patch pockets are different from cut pockets because of...

English - People use pockets when they eat Brussels waffles. ---------- Is this ...

Math (expected value) - A roulette wheel in Las Vegas has 18 red slots and 18 ...

math - On a roulette wheel, the probability of winning when you pick a ...

math - On a roulette wheel, the probability of winning when you pick a ...

math - A roulette wheel has 18 red slots and 18 black slots numbered alternaetly...

math - A roulette wheel has 18 red slots and 18 black slots numbered alternately...