In roulette, the numbers from 1 to 36 are evenly divided between red and black. A player

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In roulette, the numbers from 1 to 36 are evenly divided between red and black. A player who bets $1 on black wins $1 (and gets the $1 bet back) if the ball comes to rest on black; otherwise (if the ball lands on red, 0 or 00), the $1 bet is lost. What is the expected value of the game?
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College Mathematics for Business Economics Life Sciences and Social Sciences

ISBN: 978-0321614001

12th edition

Authors: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen

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