Question How do i compute this? Answer should be -5 cents A roulette wheel has the numbers 1 through 36, 0, and 00. A bet on four numbers pays 8 to 1 (that is, if you bet $1 and one of the four numbers you bet comes up, you get back your $1 plus another $8). How much do you expect to win with a $1 bet on four numbers? ( Round you answer to the nearest cent)
Question
How do i compute this? Answer should be -5 cents
A roulette wheel has the numbers 1 through 36,
0, and 00. A bet on four numbers pays 8 to 1 (that is, if you bet $1 and one of the four numbers you bet comes up, you get back your $1 plus another $8). How much do you expect to win with a $1 bet on four numbers? ( Round you answer to the nearest cent)