What is the expectation for the $1 bets on a U.S. roulette wheel?

Question Description

I need support with this Statistics question so I can learn better.

What is the expectation for the $1 bets on a U.S. roulette wheel for three-number bets? Use the figure in this link to answer the question:

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Final Answer

Let W the  random variable. 

P(W=-1) =35/38 


E(W)=11*3/38-35/38 =-2/38 =-1/19= -0.0526

madhavant (2757)
Boston College

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