Question: When betting on even in roulette, there are 38 equally likely outcomes, but only 2, 4, 6, . . . , 36 are winning outcomes.

When betting on even in roulette, there are 38 equally likely outcomes, but only 2, 4, 6, . . . , 36 are winning outcomes.
a. Find the probability of winning when betting on even.
b. Find the odds against winning with a bet on even.
c. Casinos pay winning bets according to odds described as 1:1. What is your net profit if you bet $5 on even and you win?

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