If the player bets on either red or black and that happens to be the winning color, the player wins the amount of her bet. For example, if the player bets $5 on red and wins, she is paid $5 and she still has her original bet. On the other hand, if the winning color is black or green when the player bets red, the player loses the entire bet.

(a) What is the probability that a player who bets red will win the bet?

(b) If a player bets $10 on red every time the game is played, what is the expected monetary value

(expected win)?

(c) In Europe, there is usually no 00 on the wheel, just the