Minimum Bet Roulette
TEN PTS! math help plz: D?
Part I – Foolish Freddy put a red shirt this morning and found $ 100 on the floor when he was at the Hardrock Casino. decided that red was the color of luck so I thought I would play red roulette. A roulette wheel has 38 points, 2 are green and the rest are half black and half red. The minimum bet for each spin is $ 10. If you use the $ 100 to finance his gambling, what is the total amount of money that Freddy has (including the $ 100 found) after red betting 152 times in a row? Assume that the roulette wheel turns as predicted. Second part: – If you spin the wheel every four minutes, how long until Freddy lose all $ 100 or double that?
It has a 18/38 chance of winning by their amount earned is expected 18/38 • $ 20 [$ 10 plus casino $ 10] = $ 9.47, losing $ 0.53 every time. 152 • 0.53 = $ 80 so would have $ 20 to the left (according to the likelihood) could theoretically double your money or lose it all in four minutes if you bet everything you bet $ 10 to time would take at least 40 minutes for lost or duplicated. So it's hard to pinpoint.
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