algebra

What is the expectation for the $1 bets on a U.S. roulette wheel? If the bet is a three number bet. Round to the nearest cent.

Thank you

  1. 👍 0
  2. 👎 0
  3. 👁 255

Respond to this Question

First Name

Your Response

Similar Questions

  1. Algebra

    What is the expectation for the $1 bets on a U.S. roulette wheel? See the figure. (Round your answer to the nearest cent.) Three-number bet Thank you

    asked by Mary Ann on May 26, 2014
  2. Math (expected value)

    A roulette wheel in Las Vegas has 18 red slots and 18 black slots numbered alternately with the numbers 1 through 36. Two green slots are numbered 0 and 00. The winning number is determined by the slot into which a single marble

    asked by Anna on January 10, 2010
  3. Statistics

    An American roulette wheel has 38 slots, of which 18 are black, 18 are red, and 2 are green. When the wheel is spun, the ball is equally likely to come to rest in any of the slots. Gamblers bet on the roulette by placing chips on

    asked by Anonymous on April 19, 2018
  4. Statsitcs

    A roulette wheel has 38 slots, numbered 0,00,and 1 to 36. the slots 0 and 00 are colored green, 18 of the others are red and 18 are black. The dealer spins the wheel and at the same time rolls a small ball along the wheel in the

    asked by Lianna on June 10, 2015
  5. Mathematics for Liberal Arts

    Determine a casino's expected net income from a 24-hour period at a single roulette table if the casino's total overhead for the table is $50 per hour and if customers place a total of $7,000 on single-number bets, $4,000 on

    asked by Timothy on November 20, 2009
  6. MATH FOR LIBERAL ARTS

    Determine a casino's expected net income from a 24-hour period at a single roulette table if the casino's total overhead for the table is $50 per hour and if customers place a total of $7,000 on single-number bets, $4,000 on

    asked by CARMEN on June 21, 2010
  7. statistics

    The game of roulette uses a wheel containing 38 pockets. Thirty-six pockets are numbered 1,2.....,36, and the remaining two are marked 0 and 00. The wheel is spun, and a pocket is identified as the "winner." Assume that the

    asked by Hayli on September 29, 2010
  8. statistics

    The game of roulette uses a wheel containing 38 pockets. Thirty-six pockets are numbered 1, 2, 3, ..., 35, 36, and the remaining two are marked 0 and 00. The wheel is spun, and a pocket is identified as the "winner." Assume that

    asked by Anonymous on October 17, 2010
  9. Statistics

    A roulette wheel has 38 slots, numbered 0, 00, and 1 to 36. Two slots are green, 18 of the others are red, and 18 are black. a) What is the probability of winning with a bet on red in a single play of roulette? b) You decide to

    asked by Luke on June 7, 2015
  10. math

    There are 40 slots in a roulette wheel,19 are red, 19 are black, and 2 are green. if you place a $1 bet on red and win, you get $2( your original point $1 and an additional $1) returned. what is the expected value of a $1.00 bet

    asked by Therese on April 20, 2016

More Similar Questions