Question: Expected Value in Roulette When playing roulette at the Venetian casino in Las Vegas, a gambler is trying to decide whether to bet $5 on

Expected Value in Roulette When playing roulette at the Venetian casino in Las Vegas, a gambler is trying to decide whether to bet $5 on the number 27 or to bet $5 that the outcome is any one of these five possibilities: 0, 00, 1, 2,

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