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Mathematics, 02.02.2020 21:49 mgkman9814

One option in a roulette game is to bet $8 on red. there are 18 red compartments, 18 black compartments, and two compartments that are neither red not black. if the ball lands on red, you get to keep the $8 you paid to play the game and you are awarded $8. if the ball lands elsewhere, you are awarded nothing and the $8 bet is collected.

what is the expected value for playing roulette if you bet $8 on red? round your answer to the nearest cent.

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