A modified roulette wheel has 28 slots One slot is 0 another

Last updated: 3/31/2024

A modified roulette wheel has 28 slots One slot is 0 another is 00 and the others are numbered 1 through 26 respectively You are placing a bet that the outcome is an odd number In roulette 0 and 00 are neither odd nor even a What is your probability of winning The probability of winning is Type an integer or a simplified fraction b What are the actual odds against winning The actual odds against winning are c When you bet that the outcome is an odd number the payoff odds are 1 1 How much profit do you make if you bet 12 and win If you win the payoff is d How much profit should you make on the 12 bet if you could somehow convince the casino to change its payoff odds so that they are the same as the actual odds against winning