A gambler is planning to make a sequence of bets on a roulette wheel. Note that a
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a. If the gambler makes a sequence of 25 bets, which of the two betting schemes offers him a better chance of coming out ahead (winning more money than losing) after the 25 bets?
b. Now compute the probability of coming out ahead after 25 single-number bets of $5 each and after 25 color bets of $5 each. Do these results confirm your guess in part a? (Before using an approximation to find either probability, be sure to check whether it is appropriate.)
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