A bet 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? Explain using information you learned in this module's material, such as expected value. 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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Devan Donovan

Mathematics

14 August, 08:04

A bet 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? Explain using information you learned in this module's material, such as expected value. 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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Everett · Answer 1

b. Suppose you have $10, and are going to play until you go broke or have $30. What is your best strategy for playing? Explain using information you learned in this module's material, such as expected value