# Suppose that a player bets on red or black. Half of the numbers from 1 to 36

## Question:

Suppose that a player bets on red or black. Half of the numbers from 1 to 36 are red, the rest are black. The player places a bet of $10 on red; if the ball stops on a red number, he receives his

$10 back plus $10 more. If the ball stops on a black number, the 0 or the 00 slot, he loses his bet. Find the playerâ€™s expected profit or loss from this game.

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**Related Book For**

## Introduction To Probability Volume 2

**ISBN:** 9781118123331

1st Edition

**Authors:** Narayanaswamy Balakrishnan, Markos V. Koutras, Konstadinos G. Politis