A rouleete wheel has 18 red slot with odd numberbetween 1 and 35, 18 black slot

Question

A rouleete wheel has 18 red slot with odd numberbetween 1 and 35, 18 black slot with even number between 2 and 36,and two more green slot with 0 and 00. ( Total 38 equally likelynumbered sectors). Different types of bets are allowed in this game.If ken is betting $5 on black and $2on {13,14,16,17}.What is his ecpected loss? A rouleete wheel has 18 red slot with odd numberbetween 1 and 35, 18 black slot with even number between 2 and 36,and two more green slot with 0 and 00. ( Total 38 equally likelynumbered sectors). Different types of bets are allowed in this game.If ken is betting $5 on black and $2on {13,14,16,17}.What is his ecpected loss?

Explanation / Answer

chance to win in case 1 =18/38   (so lost is 20/38),payout bij win is 5*2=10 euro     by lost thecasino gets 5 euro chance to win in case 2= 4/38)   (so lost is34/38),   payout bij win is2*9=18 euro   by lost the casino gets 2 euro lost for black bad:5-(10*18/38)=5-4,737=0.263 lost for {13,14....}=2-(18*4/38)=0.105 expected lost is 0.105+0.263=0.37dollar       please rate for my time if you are content with myexplaining      

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