Question: . A bet on black in Roulette has a probability of 18/38 of winning. If you win, you double your money. You can bet anywhere
. A bet on black in Roulette has a probability of 18/38 of winning. If you win, you double your money. You can bet anywhere from $1 to $100 on each spin. a. Suppose you have $10, and are going to play until you go broke or have $20. What is your best strategy for playing? b. Suppose you have $10, and are going to play until you go broke or have $30. What is your best strategy for playing?
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