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In the American Version of the Game Roulette, a Wheel

Question 100

Multiple Choice

In the American version of the Game Roulette, a wheel has 18 black slots, 8 red slots and 2 green slots. All slotsare the same size. In a carnival game, a person wagers $2 on the roll of two dice. A person can wager on eitherred or black. Green is reserved for the house. If a player wagers $5 on either red or black and that color comesup, they win $10 otherwise they lose their wager. What is the expected value of playing the game once?


A) -$0.26
B) -$0.50
C) $0.26
D) $0.50

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