Hello, kandela573!

Are you familiar with the Expected Value formula?

It's really straight-forward . . .In the game of roulette, a player can place a $5 bet on the number 17.

He has a 1/38 probability of winning $175.

Otherwise, the casino takes the player's $5.

(a) What is the expected value of the game to the player?

(b) If you played the game 1000 times how much would you expect to lose?

. .

He can expect to lose an average of about cents per game. (a)

In 1000 games: .

. . We can expect to lose about $263.16 (b)